Answer:
Wage push inflation has an inflationary spiral effect that occurs when wages are increased and businesses must — to pay the higher wages — charge more for their products and/or services. Additionally, any wage increase that occurs will increase the money supply of consumers
Explanation:
I used Google sorry
Answer:
Explanation:
Demand can be defined as the total quantity of a particular commodity which a consumer is willing and able to buy at a particular price and a particular time.
A demand schedule is a tabular representation of the total quantity of a particular commodity which a consumer is willing and able to buy at a particular price and a particular time.
Below is an attachment showing the tabular representation and the solution to requirement A
In the first Attachment all that was done was to use the values from the question to get our requirements Total revenue was gotten by (Price * Quantity)
Marginal Revenue was gotten by finding the Change in Total Revenue divided by Change in Quantity
So also a tabular representation of B
All that is required to plot the graph is to match the values gotten to the Y axis which represents revenue and X axis which represents quantity and connect the lines together.
Answer:
The answer is $ 218
Explanation:
Solution
Given that:
Description Amount
Direct materials $91
Direct labor $85
Variable manufacturing overhead $7
Fixed manufacturing overhead
( $ 161,000/ 4,600 units) $35
The unit product under absorption costing = $218
Therefore, the absorption costing unit product cost is $218
Answer:
- width
- depth
Explanation:
In retailing, product line width refers to the variety of product lines that a retail store sells, it is also referred to as product line breadth. While product line depth refers to the number of items that the retail store sells for every product line available.
Total manufacturing costs=direct material+direct labor+manufacturing overhead
Calculate direct labor
Let direct labor be x
120%=1.2
1.2x=180000
Divide both sides by 1.2
X=180,000÷1.2
X=150,000 direct labor
Total manufacturing costs=
120,000+150,000+180,000
=450,000...answer
Hope it helps!
