Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.
Explanation:
Price ceilings are the limit of the prices to go high above the given ceiling while the price floor limit the prices to go below the given amount. The two restrict the free exchange of prices by putting a range of prices allowable only for a certain product. The prices are already limited between the price floor and the price ceiling.
Professional growth and development - Bob
Mentoring - Debby
Certification - Joseph
Scholarship - Libby
Networking - Chad
Answer:
$600,000
Explanation:
For computing the overhead applied first we have to find out the predetermined overhead rate
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)
= $800,000 ÷ 200,000 hours
= $4
Now the overhead applied is
= Actual direct labor-hours × predetermined overhead rate
= 150,000 hours × $4
= $600,000
Answer:
Elasticity coefficient = 0.5
Explanation:
Elasticity coefficient = percentage change in quantity demanded / percentage change in price
percentage change in price if gasoline = 20%
percentage change in quantity demanded = 10%
Elasticity coefficient = percentage change in quantity demanded / percentage change in price
= 10% / 20%
= 1/2
= 0.5
Elasticity coefficient = 0.5