Answer:
Variable cost Per Unit $2.50
Explanation:
Total cost at high activity = $8100
Total Cost at Low activity = $3600
Total Units at high activity = 2400
Total Units at low Activity = 600
Variable Cost Per Unit = (High activity total Cost - Low activity total cost ) / (High Activity unit - low activity units)
Variable cost per unit = ($8100 - $3600) / (2400 - 600) = $4500 / 1800 = $2.50
True. You should consider the interest threshold while selecting a savings account.
Interest thresholds are the maximum amount that you can keep in your savings account, also referred to as the threshold limit. This means that it is important to choose an account that holds the threshold at an amount that is convenient and suitable to your needs.
The other criteria that need to be taken into account while choosing a savings account are:
- fees and penalties
- lowest balance
- interest rates and interest caps
- fluctuating interest rates
- (APY) annual percentage yield
- (APR)
Simple financial transactions are one benefit of a savings account, as well as interest payments, ATM and debit card services, chequebook and passbook services, net banking and mobile banking, and a minimum average balance.
Learn more about a savings account here: brainly.com/question/4089097
Answer:
This is an example of Invisible Hand.
Explanation:
The invisible hand concept describes the individual effort in providing benefit to overall society by his untiring efforts. The market force that helps the demand and supply of goods in a free market to reach equilibrium automatically and providing benefits to its own people.
When the supply of a commodity decreases while demand remains same then the same price tends to increase.
Given that the supply of a commodity decreases while the demand remains same.
We are required to find the effect of decrease of supply on the price of the commodity if the demand remains same.
Supply is the amount of good that the producer manufactures and sends to the market.
Demand is the amount of good that the consumer wants to consume.
When the supply of a commodity decreases,the supply will shift leftwards. The demand remains same then from the graph we can find that the price of the commodity increases from P to P1.
Hence when the supply of a commodity decreases while demand remains same then the same price tends to increase.
Learn more about supply at brainly.com/question/25843620
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Answer:
a framing bias
Explanation:
Framing bias occurs when a person chooses an option based on whether it was presented in positive or negative terms. There is tendency to avoid risk on positive presentation, and seek risk on negative presentation. It is a form of cognitive bias.
On this scenario Bayram is to choose between two investments. One was said to have 30% chance of success and the other a 70% chance of failure.
Although both investments have the same risk and benefit Bayram chose the one that was presented as 30% chance of success.
This phenomenon of choosing based on positive presentation is called framing bias.
