I believe the answer is: D. a change in the cost of inputs changes how much a producer will supply at a given price
Fertilizer is considered to be an input for the avocado since it is an integral part for the avocado producers to transform raw material (Avocado seeds) into a finished product (full grown avocado), Which mean when the cost of fertilizer is increased, the amount of capital needed before their avocado is ready to sell would also increased.
Answer:
Explanation:
You need to use the formula to calculate the future value of a constant annual deposit:
![Future\text{ }value=Deposit\times \bigg[\dfrac{(1+r)^n-1}{r}\bigg]](https://tex.z-dn.net/?f=Future%5Ctext%7B%20%7Dvalue%3DDeposit%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%5Cbigg%5D)
Where r is the expected percent return, and n the number of years.
<em><u>1. For a deposit of $30,800 at the end of each year for the next 11 years, with 7% interest.</u></em>
You will have saved:
![Future\text{ }value=\$ 30,800\times \bigg[\dfrac{(1+0.07)^{11}-1}{0.07}\bigg]](https://tex.z-dn.net/?f=Future%5Ctext%7B%20%7Dvalue%3D%5C%24%2030%2C800%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B%281%2B0.07%29%5E%7B11%7D-1%7D%7B0.07%7D%5Cbigg%5D)
<em><u>2. For a deposit of $33,300 each year, for the same number of years and with the same interest rate.</u></em>
You will have saved:
![Future\text{ }value=\$ 33,300\times \bigg[\dfrac{(1+0.07)^{11}-1}{0.07}\bigg]](https://tex.z-dn.net/?f=Future%5Ctext%7B%20%7Dvalue%3D%5C%24%2033%2C300%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B%281%2B0.07%29%5E%7B11%7D-1%7D%7B0.07%7D%5Cbigg%5D)
<em><u>3. For a deposit of $30,800 each year, but with 11 percent interest, for 11 years.</u></em>
![Future\text{ }value=\$ 30,800\times \bigg[\dfrac{(1+0.11)^{11}-1}{0.11}\bigg]](https://tex.z-dn.net/?f=Future%5Ctext%7B%20%7Dvalue%3D%5C%24%2030%2C800%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B%281%2B0.11%29%5E%7B11%7D-1%7D%7B0.11%7D%5Cbigg%5D)
Answer:
The economy is expanding quickly.
Explanation:
Aggregate supply is a measure of the total supply of goods and services made available by the supplier in an economy.
The normal aggregate supply curve is one with a positive slope. That is as price increases there is an increase in aggregate supply, and when price reduces aggregate supply also reduces.
However when aggregate supply curve is vertical, only one level of output is produced no matter the rise or fall of price.
This indicates that the economy is producing at capacity, and any increase in price will not result in increase in output.
It does not mean that the economy is expanding quickly.
Answer:
D. All of the answers are correct.
Explanation:
Given that Variance Analysis is a form of measuring and controlling methods used by a business management team to maintain and monitor the firm's planned cost and sales with the eventual outcome of cost spent and sales generated.
To achieve this, the process helps in determining the disparity between the actual costs of budgeted costs.
It also helps them to know which department is more productive and
It also helps to discover where the problems or difficulties exist in the production process
Hence, in this case, the correct answer is option D, All of the above. Because the option A to C satisfies the answer.
