Answer:
So answer is c) $184500
Explanation:
Unit completed and transferred out cost :
Total unit cost = (1.50+0.75) = 2.25 per unit
Unit completed and transferred out = 82000
Cost of unit completed and transferred out = (82000*2.25) = $184500
Answer:
B) The equilibrium price increases.
Explanation:
According to the law of demand, if the quantity demanded of a good or service increases, the equilibrium price will also increase. Since more people are wiling to purchase a good or service and the quantity supplied remains the same, the price of that good will increase because a shortage will be generated.
On the other hand, if the quantity demanded of a good or service decreases, the equilibrium price will decrease.
Answer:
being in short supply of something
Answer: Option C
Explanation: The situation when the total demand for goods and services is unable to support the full employment level, then the unemployment arising from such a situations is called cyclical unemployment.
It is a natural phenomenon in every economy as the market forces of demand and supply operate on a very high level and are impossible to control completely.
This type of unemployment always exist in an economy to some extent due to the trends or inflation or deflation.
Thus, from the above we can conclude that the correct option is C.