Answer:
Equivalent units of production= 68,000 units
Explanation:
Giving the following information:
Units started and completed= 80,000 - 20,000= 60,000
Units in ending inventory= 20,000 nits that were 40% complete in the ending work in process inventory at the end of January.
<u>To calculate the equivalent units for conversion costs, we need to use the following formula:</u>
Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production
Equivalent units of production= 60,000 + (20,000*0.4)
Equivalent units of production= 68,000 units
Answer:
(D) higher prices lead to higher profit and higher output.
Explanation:
When the price increase, the profitability of the firm increase, therefore firm produces more at high price. Hence at high price output increase. This is the reason why SRAS curve is positively sloped.
Answer:
A) Decreases , or D) Can increase or decrease (need more information)
Explanation:
Opportunity Cost is the cost of next best alternative foregone, while choosing an alternative.
Here, Opportunity cost of french fries - is the units of pizza sacrifised while making a unit french fries.
When oven broke, pizza that can be produced decrease.
- If oven break effects (negatively) only pizza, & french fries production capacity stays same ie constant - opportunity cost of french fries {ie pizza sacrifised} decreases
- If oven break effects pizza & french fries production capacity both - then opportunity cost of french fries changes (increase or decrease) based on their quantities' relative fall.
I guess the correct answer is Extranet.
You manage the Information Systems department at a small startup Internet advertiser. You need to set up an inexpensive system that allows customers to see real-time statistics such as views and click-throughs about their current banner ads.
The type of system will most efficiently provide a solution is Extranet.
My answer is- The borrower makes sure that a loan that is paid off with interest
