Answer:
Limited company (LTD)
Explanation:
Limited company allows the organization to issue ownership shares that can be sold to investors to help with finances. It also let her give shares as payment to a co-founder who knows more about manufacturing products than herself.
Answer:
What happens to the wealth effect of a change in the aggregate price level as a result of this allocation of assets?
- The consumers' wealth effect will rise since the slope of the aggregate demand curve increases as the prices of assets increases, i.e. the slope of the aggregate demand curve becomes steeper as customers become wealthier.
Will aggregate demand still be downward sloping? Why or why not?
- The aggregate demand curve sill still be downward sloping because as the price of a good or service increases, the quantity demanded will still decrease. An inverse relationship exists between price changes and quantity demanded.
Answer:
The total budgeted fixed selling and administrative expenses for February is $170,400. The answer is D.
The calculation is as follows:
a) Advertising - $50,100
b) Executive Salaries -$60,100
c) Depreciation - $20,100
d) Others - $40,100
Total = $170,400.
Explanation:
To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.
Fixed costs are costs which do not vary according to the level of production or activity.
Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.
Answer:
The 500-acre area is scarce because it has alternative uses: preservation in its natural state or a site for homes. A choice must be made between these uses. The opportunity cost of preserving the land in its natural state is the forgone value of the land as a housing development. The opportunity cost of using the land as a housing development is the forgone value of preserving the land.
Explanation:
