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3 years ago

Which of the following are assumed to remain unchanged along a given short run aggregate supply curve?

1 answer:

5 0

I had to look for the options and here is my answer:

Given the short run aggregate supply curve, the ones that are believed to stay unchanged along it would be the institutions, such as patent laws and tax systems, that make up the "rules of the game" and the resource prices. (These answers are based on the actual options with this question.)

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County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In per

Rudik [331]

Answer:

A) if the mistake involves a material fact

Explanation:

Any party involved in the transaction, either Dale and Ezra, has the right to rescind the contract if the other party provided false information about a material fact that was relevant to the other party's intention of signing the contract. In contract law, a material fact is any fact that is important, significant or essential to any of the parties involved in a contract, e.g. size of a property, age of a property

6 0

3 years ago

Help me on statistics Homework.

Mashcka [7]

can you send the problems

4 0

3 years ago

Assuming a country's economy maintains an 8% rate of growth, young adults starting at age 20 would see the average standard of l

lapo4ka [179]

Answer:

A) 30

Explanation:

to determine in how many years the economy will double with an 8% growth rate, we can use the rule of 72. The rule of 72 basically works by dividing 72 by the compounding growth rate to determine the number of years it will take an investment to double.

The rule of 72 works well when growth rate is between 6-10%, at 8% it is quite exact. For lower growth rates you should use the rule of 70 which is basically the same but instead of using 72, you use 70. For growth rates over 10% you should use 69.3.

the number of years for the economy to double = 72/8 = 9 years, so 9 plus 20 = 29 years. Since the question asks at what age the economy should have more than doubled, it would be a little over 29, and in this case it is 30.

You can always check which number is more exact calculating 1.08⁹ = 1.999

5 0

3 years ago

Suppose that the requirements (in gallons) for the next four quarters are revised to 140 comma 000, 60 comma 000, 90 comma 00

sdas [7]

Solution and Explanation:

As per the given data:

Quarter 1 = 90000, Quarter 2 = 90000, Quarter 3 = 60000, Quarter 4 = 140000

a. Quarterly production rate is calculated as follows:

Q = ( 90000 + 90000 + 60000 + 140000 ) divide by 4

after calcualting the above equation, we get, = 95000 gallons per quarter tin order to meet the demand.

b. Anticipation inventory:

1 st quarter = 95000 minus 90000 = 5000 gallons

2 nd quarter = 95000 minus 90000 = 5000 + 5000 in prior quarter = 10000 gallons

3 rd quarter = 95000 minus 60000 = 35000 + 10000 in prior quarters = 45000 gallons

4th quarter = 140000 minus 450000 minus 95000 = 0 gallons.

6 0

4 years ago

Exercise 06-2 Computing unit and inventory costs under variable costing LO P1 Trio Company reports the following information for

storchak [24]

Answer:

Trio Company

1. Using Variable Costing:

a. Product Cost per unit = $35 (see below)

b. Cost per unit of finished goods = $35 (see below)

2. Using variable cost, the cost of ending finished goods inventory = 6,000 * $35 = $210,000

b. Using total cost, the cost of ending finished goods inventory =

6,000 * $43 = $258,000

Explanation:

a) Calculation of Costs:

Cost per unit Total Costs

Direct materials $15 $300,000

Direct labor $16 $320,000

Variable overhead $4 $80,000

Total Variable $35 $700,000

Fixed Cost $8 $160,000

Total Cost $43 $860,000

b) Cost of Goods sold 14,000 x $43 = $602,000 using total cost per unit.

c) Cost of Goods sold 14,000 x $35 = $490,000 using variable cost per unit.

d) Variable costing is a method of assigning only variable costs to a product while the fixed overheads are treated as period expenses.

8 0

3 years ago