<h2>Joshua would lose and Sue would benefit from unanticipated inflation.</h2>
Explanation:
- Both Joshua and Sue are associated with fixed pension and fixed interest respectively.
- Now the value of money goes down due to inflation
- So to live as usual, Joshua need to spend some extra money. But considering the fixed income, it's a lose to Joshua
- Whereas Sue is associated with fixed interest of mortgage. She is benefited because, though the inflation has changed the value of all other products, but the fixed interest rate does not change.
- "Fixed-rate mortgage holders are inflation winners", says "Thoma, professor of economics at the University of Oregon"
Answer:
Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market.
Explanation:
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The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.
As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.
Now we can calculate the percentage of disposable income that is discretionary as follows;
percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100
% discretionary income = (900 ÷ 2,920) × 100
% discretionary income = 90,000 ÷ 2,920
% discretionary income = 30.82%
Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.
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Answer:
The estimated total manufacturing overhead is closest to $550,000
Explanation:
Total manufacturing overhead = variable + fixed overhead absorbed
Fixed overhead absorbed = Overhead absorption rate × machine hour
Overhead absorption rate = Estimated overhead/Estimated machine hours
= $440,000/50,000 machine hours
= 8.8 per machine hour
Absorbed fixed overhead = $8.8 × 50,000= $440,000
Absorbed variable overhead= $2.20 × 50,000= $110000
Total manufacturing overhead = $440,000+ 110000
=$550,000
The estimated total manufacturing overhead is closest to $550,000
Answer:
Tell me about yourself.
What are your strengths?
What are your weaknesses?
Why do you want this job?
Where would you like to be in your career five years from now?
What's your ideal company?
What attracted you to this company?
Why should we hire you?
Explanation:
They are basic questions :]
