Answer:
3. (d) Minimum 1, Maximum *
4. (a) Minimum 0, Maximum 1
5. (c) Minimum 1, Maximum 1
6. (b) Minimum 1, Maximum 1
7. (b) Minimum 0, Maximum *
8. (e) None of these is a correct addition to the diagram.
Explanation:
Answer: A) people to buy Yoo-hoo in St. Petersburg and sell it in New York until the price was the same in each country
Explanation:
As the Yoo-hoo is cheaper in St. Petersberg than in New York, this presents an arbitrage opportunity to buy cheap and sell higher. People will therefore buy from St.Petersberg at the price of $1 and then sell it in New York for $2 thereby making a 100% profit.
Once this happens more and more people will start doing this which would lead to an increase in demand for St. Peterberg Yoo-Hoos. According to the Law of Demand, when demand rises, the price will rise as well so the price in St. Petersberg will keep rising till it gets to the same amount in New York thereby dissuading people from buying to take advantage of the opportunity.
The first way to use credit wisely is to pay back the credit company on time. the second way to use credit wisely is to not overspend.
Answer:
b. $6.50 per machine-hour
Explanation:
The computation of the predetermined overhead rate is
= Total fixed manufacturing overhead cost ÷ Total machine-hours + Variable manufacturing overhead per machine-hour
= $294,000 ÷ 70,000 + $2.30
= $4.20 + $2.30
= $6.50 per machine-hour
Therefore, all the other information that is given are irrelevant. Hence, ignored it
The answer is B. the ad shows bars of soap and and a bathroom sink, i just took the test
