Answer: a car
Explanation:
While making purchase decisions, the product that is most likely to elicit the greatest reference group influence will be a car.
This because when an individual has a car, other people see the person and use that as a reference group. It should also be noted that a good thatbis considered public good has a strong influence group.
Answer:
$3.20 per unit
Explanation:
In this question, we have to compare the cost between two cases
In the first case, the total cost per unit would be
= Direct materials per unit + direct labor per unit + overhead cost per unit
= $11 + $25 + $17
= $53
In the first case, the total cost per unit would be
= Purchase price + overhead cost
= $48.55 + $17 × 45%
= $48.55 + $7.65
= $56.20
So, the difference would be
= $56.20 - $53
= $3.20 per unit
Answer:
Explanation:
Yield on 1 year trasury bond: r1=4.25+3.5 = 7.75%
Now, yield is r3 = 7.75+1.5 = 8.25%
r3=r*+inf
8.25=3.5+inf
inf=4.75%
4.75 = (4.25+i+i)/3
14.25 = 4.25 +2i
2i = 10
i = 5%
Inflation expected after year 1 is 5%
Answer:
The correct answer is option B.
Explanation:
A monopolistic firm is characterized by a large number of buyers and sellers in the market producing differentiated products which are close substitutes, there are relatively easier entry and exit in the market.
In the given question, Teen Angle Hardware is looking for a niche or a slightly differentiated product to sell to teenagers. But is able to earn only a normal profit because there is a large number of firms in the market. And new firms can enter the market in the long run. So, this firm is an example of a monopolistic firm.
Answer:
There will be a net flow of gold from the United States to Japan
Explanation:
A trade surplus represents a net inflow of domestic currency from foreign markets. It is the opposite of a trade deficit, which represents a net outflow, and occurs when the result of the above calculation is negative.
