Answer:
C.
Explanation:
The law of demand states that when the price of a good or service increases, the quantity demanded decreases and when the price decreases the quantity demanded increases (other things constant).
Is not option A because it says changes in income and not changes in prices. Is not option B because it says the opposite that the law of demand states: when the muffins price is low, Melissa buys fewer than when the price is high. Is not option D because the law of demand is not directly related with substitute goods. It is option C because when the price is low ($0.25) Dave buys more donuts than when the price is high ($0.50)
Answer:
48,000
56,000
the unit of production method
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($300,000 - $20,000) / 10 = $28,000
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
Depreciation in 2021 = 2/10 x $300,000 = $60,000
Book value in 2022 = $240,000
Depreciation in 2022 = 48,000
Unit of production = number of hours in 2022 / total number of hours) x (cost of asset -- savlage value)
Tobacco ensured the long-term success of Jamestown.
The two teams sharing a work space and machine is known as sequential interdependence.
<h3>What is sequential interdependence?</h3>
Your team members depend on one another in predictable ways for the flow of information, tasks, and decisions when there is sequential interdependence.
It has the following features-
- sequential interdependence is a type of task interdependence.
- The output of one person serves as the input for the following one in the chain.
- What the name implies is precisely that: sequential dependency. When one department or team must complete a task before another team can, it occurs.
To know about the task interdependence, here
brainly.com/question/15563791
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Answer:
B. Opportunity Cost
Explanation:
Comparative Advantage is when an economy can produce certain goods & services at a lower opportunity cost than other trading economies.
Opportunity cost is the cost of next best option forgone while choosing a particular option.
Comparative advantage (production ability at lower opportunity cost) implies: Economy can produce a good/ service by sacrifising lesser amount of other good, than the other economy.
Example : Production Possibilities of 2 countries, 2 goods :-
Good X Good Y Opportunity Cost (Goods Ratio)
Country A 10 30 1:3 (10/30)
Country B 5 10 1:2 (5/10)
Country A can produce Good Y by sacrifising 3 units of Good X, Country B can produce Good Y by sacrifising 2 units of Good X. So, B can produce good Y at lesser opportunity cost than A. Hence, country B has comparative advantage in good Y.
