Answer:
a. 15,500 units
b. 6,200 bats and 9,300 gloves
Explanation:
Fixed costs (F)=$620.000
Sales mix=40% bats and 60% gloves
Selling price of bats (Sb) =$90
Variable cost of bats (Vb) =$50
Selling price of gloves(Sg) =$105
Variable cost of gloves (Vg)=$65
The average contribution (C) per unit can be determined as:
In order to reach the break-even point the total contribution of 'n' units must equal fixed costs:
Since we know the sales mix, the number of bats (B) and gloves (G) are:
At the break-even point, 6,200 bats and 9,300 gloves would be sold.
Answer:
The correct answer is: coupon payments.
Explanation:
In the financial world, coupon represents the interest rate on a bond. Typically, the coupon is paid semi-annually. Coupon is the abbreviation for coupon rate or coupon percentage rate. The use of the word coupon is derived from the fact that bonds used to be issued in physical-paper form. Attached to the bonds, there were coupons that had to be removed from the bond and redeemed with the issuer to receive the interest payment.
Answer: The object will accelerate downward with speed and momentum due to the gravitational force acting on the centre of the object until it achieve a terminal velocity. Terminal velocity is a point where the upward force of air resistance balances the downward force due to the weight of the object under gravity.
Explanation:
Answer:
c. fiscal and monetary policies that impact aggregate demand do not impact the natural rate of unemployment.
Explanation:
Short run Philips Curve is downward sloping, due to inverse relationship between unemployment rate & inflation rate. High economic activity implies more inflation rate, less unemployment. Low economic activity implies less inflation rate, more unemployment.
However, the inverse relationship between inflation & unemployment is only in short run & not in long run. In long run, this inflation - unemployment trade off doesn't exist. So, any fiscal or monetary policy affecting aggregate demand & consecutively inflation rate, do not affect the natural rate of unemployment (combination of frictional & structural unemployment rate) in long run.