If Tara bought, sweater $ 52, T-shirt $19, Shoes $68, Jeans $72, Necklace $21, the total would be;
52+19+68+72+21 = 230
But a tax rate of 7% was included,
Thus, 230 × 0.07 = 16.1
Therefore, the total amount is 230+16.1 = 246.1
Hence, the Estimate amount of money that Tara expects to pay is $250
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Answer:enter into the strategic marketing process
Explanation:
Answer:
net incremental cost = $ 2.2
Explanation:
Data provided:
Direct material cost = $ 10 per unit
Direct labor cost = $ 24 per unit
Overhead cost = $ 16 per unit
thus,
the total cost of the product = $ 10 + $ 24 + $ 16 = $ 50
Now,
if bought from outside cost = $ 45
Overhead cost if bought from outside = 45% of the overhead cost
= 0.45 × $ 16 = $ 7.2
hence, the total cost if bought from outside = $ 45 + $ 7.2 = $ 52.2
since, the cost of product if bought from outside side is greater than the product is produced by own
therefore, the net incremental cost = $ 52.2 - $ 50 = $ 2.2
Answer:
3. People don’t act as the Fed hopes.
a. The Fed can create conditions meant to encourage people to, for example, borrow more money. But if people are fearful of going into debt when their employment situation is uncertain, they may not respond to the Fed’s incentives.
- people make heir personal decisions based on what they expect to happen in heir future
1. The long run is different from the short run.
b. Although an expanded money supply can briefly stimulate economic growth, eventually the economy will return to the same level of productivity, just at higher prices for goods and wages.
- equilibrium is the key word regarding the long run
2. People adjust their expectations.
c. Fed actions are most effective when they come as a surprise. When people have figured out in advance what the Fed is going to do, the Fed’s actions don’t have as much impact.
- People's expectations can result in the failure of economic policies. For example, if households expect higher inflation, they might take loans or accelerate their purchases.
