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Ket [755]
3 years ago
10

One reason that the quantity demanded of a good increases when its price falls is that the:

Business
1 answer:
Brums [2.3K]3 years ago
4 0
<span>Lower price increases the real incomes of buyers, enabling them to purchase more.</span>
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EA3.
icang [17]

Answer:

3,000 units and 1,950 units

Explanation:

For computing the equivalent units of ending work in process for materials and conversion cost, first we have to determine the ending work in process units which is shown below:

Ending work in process units = Beginning inventory + units started - units completed and transferred

= 2,500 units + 18,000 units - 17,500 units

= 3,000 units

Now the equivalent units of ending work in process for materials would be

= 3,000 units × 100%

= 3,000 units

And, for conversion cost it would be

= 3,000 units × 65%

= 1,950 units

3 0
3 years ago
If the interest rate in the United Kingdom is 8 percent, the interest rate in the United States is 10 percent, the spot exchange
NISA [10]

Answer:

The answer is $1.78 / £1

Explanation:

Solution

Given that

Interest rate of United kingdom = 8%

Interest rate of United States =10%

Spot exchange rate =$1.75£1

The next step is to find the one year forward rate of exchange

Thus

Forward Rate = S₀ * [ ( 1 + Rus) / ( 1 + RE) ]

=$ 1.75 * ( ( 1 + 10%) / ( 1 + 8%) )

$1.78

Therefore, the forward exchange rate is $ 1.78 / £1

3 0
3 years ago
Which leader banned Christmas pudding and mince pies during the 17th Century?
FromTheMoon [43]

the leader, "Cromwell," abolished Christmas pudding and mince pies during the 17th century...
6 0
3 years ago
Pelosi and her husband are absolute speculators
RSB [31]

Answer:

yes I would agree why does this need to be 20 characters

3 0
2 years ago
When applying for jobs, job seekers often focus on a desired salary while ignoring other aspects of the job offer such as benefi
Ksju [112]

Answer:

A. anchoring bias

Explanation:

8 0
3 years ago
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