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1 year ago

The aggregate quantity of goods and services demanded changes as the price level rises because.

1 answer:

7 0

The mixture amount of products and offerings demanded modifications because the fee degree falls because it results in a upward push in actual wealth, a fall in hobby fees.

The required details for hobby fees in given paragraph

An hobby fee is the quantity of hobby due consistent with duration, as a share of the quantity lent, deposited, or borrowed. The general hobby on an quantity lent or borrowed relies upon at the predominant sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed. The annual hobby fee is the fee over a duration of 1 year. Other hobby fees practice over extraordinary periods, which include a month or a day, however they're usually annualized.

The hobby fee has been characterized as "an index of the preference . . . for a greenback of gift over a greenback of destiny income." The borrower wants, or needs, to have cash quicker as opposed to later, and is inclined to pay a fee—the hobby fee—for that privilege.

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17. Duck-n-Run has projected sales of $120,000 for January, $118,000 for February, and $146,000 for March. The firm collects 55

Leno4ka [110]

Answer:

$92,022

Explanation:

The computation of the Jan collections is shown below:

Given that

Accounts Receivable = $27,000

Uncollected December Sales = $22,000

So, Uncollected November Sales = $5,000

For determining the amount of Jan collections we need to do following calculations which is

December Sales = Uncollected December Sales ÷ 0.45

= $22,000 ÷ 0.45

= $48,889

And,

Collection from November Sales = $5,000

Collection from December Sales = $48,889 × 43%

= $21,022

And,

Collection from January Sales = $120,000 × 55%

= $66,000

So,

Total Collection in January = Collection from November Sales + Collection from December Sales + Collection from January Sales

= $5,000 + $21,022 + $66,000

= $92,022

We simply added the three months collections

5 0

4 years ago

The potential advantages of centralized purchasing, as it is commonly done by large chain operations, include all of the followi

Schach [20]

Answer:

The correct answer is c,alienating local suppliers

Explanation:

The presence of strong negotiator who is an expert in the field of sourcing is an advantage inherent in centralized purchasing,hence option A is not correct.

Cost and quality control implies that sourcing in large quantity gives the buyer entity a strong bargaining power and it is able to procure at the lowest price possible.Whereas,the control relates to the goods been received at central location before being dispatched to the department requiring it,implies that all items can be properly checked and confirmed fit for purpose.As result option is wrong as well.

The only odd option is C,as centralized purchasing is not aimed at alienating local suppliers since it is not global sourcing

7 0

3 years ago

A time ticket: Multiple Choice Shows the time that a department's employees worked on all jobs, the pay rate of each employee, a

lord [1]

Answer:

Shows the time an employee worked on each job, the pay rate, and the total cost chargeable to each job.

Explanation:

A time ticket is a document that constitutes of the working period of the particular employee. It includes the working period for which the employee has been paid by the company. It constitutes of the initial time of the working day and the ending time of the day. The work hour for which the employee is paid and the cost invoked during the course of the period is also listed in the time ticket.

5 0

3 years ago

Assume you have applied for two Scholarships, a merit scholarship And is athletic scholarship the probability that you receive a

Sliva [168]

The probability of receiving a merit scholarship according to the scenario defined is 0.23

Probability of Athletic scholarship, P(M) =?
Probability of Athletic Scholarship, P(A) = 0.18
Probability of receiving both, P(MnA) = 0.11
Probability of receiving atleast one P(AuM) = 0.3

Recall :

P(AuM) = P(A) + P(M) - P(AnM)

Substituting the values into the relation:

P(AuM) = P(A) + P(M) - P(AnM)

0.3 = 0.18 + P(M) - 0.11

0.3 - 0.18 + 0.11 = P(M)

P(M) = 0.23

Therefore, the probability of receiving a merit scholarship is 0.23

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8 0

3 years ago

ABC Vehicles expects the worldwide demand for new hybrid vehicles to reach 5 million by 2016. However, the demand for new hybrid

Olin [163]

Answer:

The correct answer is c. firm-level demand

Explanation:

Demand can be defined as the quantity of goods and services that are acquired by consumers at different prices, at a specific unit of time (one day, one month, one year, etc.) since without a temporary parameter we cannot say if a Demand amount grows or decreases.

When a person chooses to buy some good, to meet his needs, he does so consciously, based on his criteria both objective and subjective; These conditions are modified according to the educational and socioeconomic level, sex, age, among other factors.

7 0

3 years ago