Answer:
D) $1120
Explanation:
The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120
The answer is explained in detail below
Explanation:



Labor, L = 2000; Capital, K = 3000
Labour constraint,
Capital constraint ,
Solving the equation further, we get


- The range for the relative price of cloth such that the economy produces both cloth and food is 2/3 and 2
- Low cloth production → economy will use relatively more labor to produce cloth → opportunity cost of cloth is 2/3rd units of food.
- High cloth production → economy dips on labor → taking capital away from food production → raising opportunity cost of cloth to 2 units of food.
- If relative price of cloth lies between 2/3 and 2 units of food, the economy produces both goods.
- If the price of cloth decreases below 2/3 → complete specialization in food production → low compensation for producing cloth
- If the price of cloth rises above 2 → complete specialization in cloth production → low compensation for producing food
Answer:
Using the cost method means that the stock is recorded at the price it cost to buy it back.
Journal entry is therefore:
Date Account Title Debit Credit
Aug 1, 2014 Treasury Stock $72,000
Cash $72,000
<u>Working:</u>
= 4,000 shares * 18
= $72,000
Answer:
D) When the percentage of trees illegally logged goes up, the price of hardwood decreases the following quarter.
Explanation:
A sequence pattern mining refers to finding patterns or features in time sequence. For instance, if the percentage of illegal logging increases in a month, the following month will witness a fall in price of hardwood.