Answer:
1.6 Q1 + 0.875 Q2 = $56
Explanation:
Budget constraint equation represents the total budget allocation to different activities under consideration.
old Budget Constraint
Q1 + Q2 = $56
New Budget Constraint
(Q1)*8/5 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*7/8 = $56
(Q1)*1.6 + (Q2)*0.875 = $56
1.6 Q1 + 0.875 Q2 = $56
So best answer made based on data available.
How do I report them for you
Answer:
EIN; employer idenification number.
Explanation:
hope this helps :)
Answer:
C. Finished Goods Inventory has decreased.
Explanation:
Cost of goods manufactured (COGM) increases when finished goods inventory is <em>produced</em>, while cost of goods sold (COGS) increases when finished goods inventory is <em>sold</em>. If COGS has been increasing faster than COGM has been increasing, the company has been selling more goods than it has been producing. Therefore, it must have sold goods from its surplus of finished goods inventory. Thus, finished goods inventory has decreased.
Answer:
Bid-ask spread.
Explanation:
The difference between the price at which a dealer is willing to buy and the price at which a dealer is willing to sell, is called the bid-ask spread.
Simply stated, the bid-ask spread refers to the amount by which the bid price by a dealer is lower than the ask-price for a security or an asset in the market at a specific period of time.
The bid-ask spread exists because of the need for dealers to cover expenses and make a profit. A bid-ask spread is use in the transaction of the following items; options, future contracts, stocks, and currency pairs.
Generally, a dealer who is willing to sell an asset or securities would receive a bid price while the price at which the dealer is willing to sell his asset to another dealer (buyer) is the ask price.
<em>Hence, the bid-ask spread is simply the difference between the ask price and the bid price. Therefore, a bid-ask spread is a measure of the demand and supply for an asset; where demand represents the bid while supply represents the ask for an asset. </em>
