Answer:
Explanation:
The products rank are shown below:
VP YI WX
Selling price per unit (A) $248.04 $230.66 $505.44
Variable cost per unit (B) $190.71 $172.14 $388.80
Contribution margin
per unit (A-B) or C $57.33 $58.52 $116.64
Centiliters of compound W (D) 3.90 3.80 8.10
Contribution per centiliters (C÷D) 14.7 15.4 14.4
Rank 2 1 3
<span>In theory, Bill can deduct $36000 from his 2016 taxes. However, there are often caps on deductions, so there is really not enough information.</span>
<u>Solution and Explanation:</u>
Since interest rate is the cost of borrowing, lower interest rate decreases the cost of borrowing for housing mortgage, which increases demand for housing.
It is very much clear from the demand and interest rate have a certain relationship. If the interest rate on a particular amount is lower then the customers will try to get more amount as the cost on such amount will be less which means the burden on the customers would be lower.
