What does the international banking system consist of?

On October 1, Gala Corporation has 300 units of Product XYZ on hand. The company plans to sell 1,200 units of Product XYZ during

Troyanec [42]

Answer:

Units of Product XYZ must be produced during October are A) 1,400

Explanation:

Units of Product XYZ must be produced during October = Units of Product XYZ are sold during October + units of Product XYZ on hand October 31 - units of Product XYZ on hand October 1.

Gala Corporation has 300 units of Product XYZ on hand on October 1 and 500 units on hand October 31.

The company plans to sell 1,200 units of Product XYZ during October.

Units of Product XYZ must be produced during October = 1,200 + 500 - 300 = 1,400 units.

5 0

3 years ago

Colorado economy: the annual business report (1993-1994) indicates that for the past decade the cattle ranching industry in colo

alexdok [17]

Answer:

The colorado ranching is not expanding

Explanation:

The null hypothesis, H₀ : μ = 2.7 billion

Alternative hypothesis, Ha : μ > 2.7 billion

$\bar{X} = 2.85 billion$

$\sigma = 0.55 billion$

n = 30

The observed test statistic,

$t_{o} = \frac{\bar{x}- \mu}{\frac{\sigma}{\sqrt{n} } }$

$t_{o} = \frac{2.85- 2.7}{\frac{0.55}{\sqrt{30} } }\\t_{o} = 1.494$

Degree of freedom = n-1 = 30 -1 = 29

Significance level = 0.05

For the critical value, we check the t - table at 0.05 significance level

$t_{crit} = t_{\alpha, df} = t_{0.05, 29} \\t_{crit} = 1.699$

$t_{0} = 1.494\\t_{crit} = 1.699$

Since $t_{0}$ , we will accept H₀

That is the mean total cash receipt is 2.7 billion and the colorado ranching is not expanding

5 0

3 years ago

To fully benefit from economies of scale, an MNC should: a.participate in a joint venture in order to learn about a production p

worty [1.4K]

A multinational corporation will fully benefit from economies of scale when its establish a subsidiary in a new market that can sell products produced elsewhere which allows for increased production and thus possibly greater efficiency.

<h3>What is an economies of scale?</h3>

This refers to a situation whereby the average costs per unit of output decrease with the increase in output being produced by a firm.

Hence, it is agreed that any multinational corporation will be able to fully benefit from economies of scale when its establish a subsidiary in a new market that can sell products produced elsewhere.

Therefore, the Option D is correct.

Read more about economies of scale

<em>brainly.com/question/972118</em>

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6 0

2 years ago

Because of the wealth effect, a rising aggregate price level _____ the purchasing power of wealth and therefore _____ the aggreg

Tems11 [23]

Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.

<h3>What is wealth effect?</h3>

According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.

The effect of wealth effect on aggregate demand is-

People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.
A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.

To know more about the aggregate demand and aggregate supply, here

brainly.com/question/25749867

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6 0

2 years ago

If your nominal income is $80,000 and your real income in base year prices is $71,500, what is the cpi?

Veseljchak [2.6K]

<span>The consumer price index would change in concert with the real value of the income that the consumer has. In this case, the nominal value is 80,000 with a real value of only 71,500. Taking these two values and dividing them gives a quotient of 1.118, which is rounded up to 1.12, multiplied by 100 to give a CPI of 112.</span>

4 0

4 years ago