Answer:
b. It is likely that variables other than the price and quantity of cars demanded were
changing.
Explanation:
The law of demand states that the higher the price of a good, the lower the quantity demanded and the lower the price of a good, the higher the quantity demanded.
If price of cars was increasing and the quantity demanded also was increasing, it indicates other variables were changing. For example, if income was increasing at the time, the demand for cars would increase if cars are normal goods.
I hope my answer helps you
Answer: a. true
Explanation:
Cash payback period shows the amount of time it will take for cash inflows from an investment to pay off the investment.
Cash payback period = Investment/ Cash inflow
= 80,000/32,000
= 2.5 years
<em>Statement is proven true. </em>
The launch campaign for the iPad started about two months before the iPad was schedule to beout on sale. This waiting period caused a huge buzz because everyone wanted to get their handson the iPad. The advertising the product was built up on teaser advertisements. Value propositionis a promise made by the company and belief of the customers regarding the value obtained fromthe product. The values perceived for the iPad was an electronic object that can be used forthings like work, listening to music, games, emails, and you can take it anywhere. So when itcould to the iPhone Apple launches the campaign the same way with a waiting period to create abuzz and teaser advertisements to get attentions. The values perceived for the iPhone is a littlemore than the iPad because it is an electronic object you can text, call, search the web with yourphones plans data and without Wi-Fi, but also be used for things like work, listening to music,games, emails, and you can take it anywhere.
Answer:
Factory overhead= $22,900
Explanation:
Giving the following information:
Direct materials $15,200
Indirect materials 3,200
Indirect labor 7,700
Factory depreciation 12,000
Direct labor 36,200
<u>Factory overhead is all the indirect costs related to production. In this case:</u>
Factory overhead= indirect materials + indirect labor + factory depreciation
Factory overhead= 3,200 + 7,700 + 12,000
Factory overhead= $22,900
Answer:
B) achieving political and economic unity
Explanation:
The goals of mercantilism were to increase the wealth of the government (accumulate gold and silver) by controlling economic affairs, and ultimately increasing the power of the nation (both economic and military). You must remember that mercantilism was popular during the 17th and 18th century when democracy didn't exist, and the Kings and Queens were eager to increase their personal wealth, power and greatness.
