Answer:
movement along the demand curve: i
shift in the demand curve: ii, iii, iv, vi
no effect: v
Explanation:
A change in the price of the product causes quantity demanded to change. It will be indicated by a movement on the same demand curve.
A change in other factors will cause the demand for the product to change. It is indicated by a shift in the demand curve.
i. Change in the market price: movement along the demand curve
ii. Change in income: shift in the demand curve
iii. Change in consumer expectations: shift in the demand curve
iv. Change in the price of a related good: shift in the demand curve
v. Change in the price of an unrelated good: no effect
vi. Change in preferences for this good: a shift in the demand curve
Answer:
![\left[\begin{array}{cccc}Range&80,000&100,000&120,000\\ Materials&400,000&500,000&600,000\\ Labor&480,000&600,000&720,000 \\ Overhead&640,000&800,000&960,000 \\ Variable&1,600,000&2,000,000&2,400,000 \\ Depreciation&200,000&200,000&200,000 \\ Supervision&100,000&100,000&100,000 \\ Fixed&300,000&300,000&300,000\\ Total&1,960,000&2,300,000&2,700,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DRange%2680%2C000%26100%2C000%26120%2C000%5C%5C%20Materials%26400%2C000%26500%2C000%26600%2C000%5C%5C%20Labor%26480%2C000%26600%2C000%26720%2C000%20%5C%5C%20Overhead%26640%2C000%26800%2C000%26960%2C000%20%5C%5C%20Variable%261%2C600%2C000%262%2C000%2C000%262%2C400%2C000%20%5C%5C%20Depreciation%26200%2C000%26200%2C000%26200%2C000%20%5C%5C%20Supervision%26100%2C000%26100%2C000%26100%2C000%20%5C%5C%20Fixed%26300%2C000%26300%2C000%26300%2C000%5C%5C%20Total%261%2C960%2C000%262%2C300%2C000%262%2C700%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We multiply the variable component for each relevant range.
Then for the fixed cost, we post the total.
Notice it is given for 1,200,000 units
so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month
Supervisor 1,200,000 x 1 = 1,200,000 = 100,000 per month
The number of births in a population in a certain amount of time is the birth rate
Answer:
d. All of the above are correct.
Explanation:
a. This tax causes the demand curve for fountain drinks to shift downward by $0.50 at each quantity.
b. The price paid by buyers is $0.30 per drink more than it was before the tax.
This is true as the difference between $0.50 and $0.20 is $0.30. The price paid by buyers is indeed $0.30 per drink more than it was before the tax.
c. Forty percent of the burden of the tax falls on the sellers.
This is true as $0.20 of $0.50 is 40% and this tax burden falls on the sellers.
Answer:
Cost of merchandise sold = $483 , Closing stock = $227
Explanation:
Perpetual inventory system includes updates done, when sale or purchase transaction happens
Opening Stock = 26 units (price 15). Value = 26 x 15 = 390
Sale = 13 units, price 15. So, sales cost value = 13 x 15 = 195
Purchase = 20 units (price 16). Value = 20 x 16 = 320
Sale = 18 units, price 16. So, sales cost value = 18 x 16 = 288
Total sales cost value, or cost of merchandise sold = 195 + 288 = 483
Closing stock = Opening stock + purchase - sales cost
= 390 + 320 - 483
= $227
