<span>FALSE. You must carry insurance on motorcycles as well as cars. </span>
Answer: No loss, no gain
Explanation:
When an employer changes group plan to another insurer, all employees under the previous coverage would be eligible to gain under the new plan without any delay for probation.
Answer:
Inelastic; 5%; fall; 10%; rise
Explanation:
Price elasticity of demand is always negative for normal goods. This happens because of the law of demand, that demand falls with rise in price.
Price elasticity between 0 and 1 shows inelastic demand.
This means that there is smaller change in demand due to a greater change in price level.
Price elasticity of demand is -0.5.
If the price falls by 10%, demand will increase by 5%.
The revenue will fall, because of greater fall in price.
If the price increases by 20%, demand will fall by 10%.
Revenue will increase because of greater increase in price.
Answer:
Materials
62,000 equivalent units
Conversion
42,800 Equivalent untis
Cost of finished Goods
38,000 x (.75 + .55) = 38,000 x 1.3 = $49,400
WIP
24,000 x .75 = 18,000
4,800 x .55 = 2,640
Total WIP 20,640
Explanation:
Equivalent Units
38,000 complete
20% of 24,000 WIP = 4,800
Equivalent Units CC = 42,800
x .55 CC = 23540
Materials
62,000 x .75 = $46,500
I think the answer is called enriching but i might be wrong.