Answer:
C. the price effect would become a more significant consideration for each firm that makes automobiles.
Explanation:
The situation above is highly related to the topic about "supply" and "demand." If the nations of <em>Germany</em>,<em> Japan</em> and <em>the U.S.A</em>. prohibits the international trade in automobiles, this will result to a<u> surplus of automobile goods within the country.</u> Since these automobiles were meant to be sold abroad, the prohibition will<em> lower its international demand.</em> Such increase in supply will have a significant effect on the price of the automobiles. This is the reason why each firm should have to consider the situation's effect on the price of the automobiles and related goods.
So, this explains the answer.
Answer: $10.00
Explanation:
The individual and the other two are trying to pay an 18% tip so the amount they should tip can be calculated by:
= Check total * 18%
= 57.38 * 18%
= $10.3284
= $10.00 to the nearest dollar
Answer:
E. Natural resources, Physical capital and Human capital
Explanation:
The above are the three major categories of resources because natural resources such as air, water etc are given by nature thus essential and constitute an important part of resources. Also, physical capital such as buildings, assets, motor vehicles etc are owned by a business or an organization to carryout daily business activities hence one of the major categories of resources.
Human capital is responsible for employing people to manage and control the natural resources and physical capital.
Answer:
Chair unit cost: $ 49.72
Total cost for 675 chairs: $ 33,561
Explanation:
Direct Materials: $ 14.00
Direct Labor: 1.9 hours x $16 labor cost: $ 30.40
Overhead:
1.9 labor hours x ($ 1.6 variable rate + $ 1.20 fixed rate) = $<u> 5.32 </u>
Total unit cost: $ 49.72
Cost to produce 675 chairs:
675 charis x $ 49.72 per chair = $ 33,561
Answer:
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