Answer:
The correct answer is letter "C": independent variable.
Explanation:
Independent variables are propositions in a study which effects help to analyze certain behavior of a dependent variable. The dependent variable does not change but the independent variables do. There may be more than one independent variable for only one dependent variable.
In the case, <em>the dependent variable is the change in sales at GO designs while the independent variable is the price increase.</em>
Answer:
See complete solution in the picture attachment.
Explanation:
Answer:
$3,942
Explanation:
Step 1 : Determine number of units sold
Units Sold = Total units available for sale - Units remaining in inventory
= (45 + 157 + 22) - 56
= 168 units
Step 2 : Determine Cost of goods sold
<em>FIFO assumes that the units to arrive first will be sold first.</em>
Cost of goods sold = (45 units x $22) + (123 units x $24)
= $3,942
The amount allocated to cost of goods sold for July is: $3,942
Answer:
The correct answer is option A.
Explanation:
A production possibility curve shows the maximum possible combination of two goods that can be produced using all the available resources and state of technology.
An increase in economic growth causes the production possibility curve to shift to the right. The faster the economic growth the more the economy will be able to produce. So the farther the production possibilities curve will shift out.
