Answer:
a. True
An increase in interest rate on bond will affect intel's decision, as the bonds, market provides firms an opportunity to borrow money.
If Intel has enough of its own funds to build the new factory without borrowing, an increase in interest rates still affects Intel’s decision about whether to build the factory
a. True
Even if Intel can raise it's own resources to build the new factory without borrowing, the increase in the rates of bond will still affects it's decision, as the increase in the rates of bond will make the market more attractive.
Explanation:
a. True
An increase in interest rate on bond will affect intel's decision, as the bonds, market provides firms an opportunity to borrow money.
If Intel has enough of its own funds to build the new factory without borrowing, an increase in interest rates still affects Intel’s decision about whether to build the factory
a. True
Even if Intel can raise it's own resources to build the new factory without borrowing, the increase in the rates of bond will still affects it's decision, as the increase in the rates of bond will make the market more attractive.
Answer: (B) Inelastic
Explanation:
According to the question, when the price of the t-shirt get increased then it generate the high revenue. This result into the decrease in the given quantity and it is smaller change as compared to the change in the price.
This process of the quantity results into the good in the inelastic. Inelastic is the term which is refers to the static quantity of the various types of good and the services and its price are get changed.
Therefore, Option (B) is correct.
Answer:
Gross Profit 714,000
Explanation:
Gross Proft: is the diference between the sales revenue and the cost of the goods sold.
Sales revenue 1,254,000
Cost of Goods Sold (540,000)
Gross Profit 714,000
note: All the other account and values are irrelevant to determinate the gross profit.
<u>Other way to calculate gross profit:</u>
(sale price per unit - cost per unit) x unit sold
