<u>Answer:</u> Consolidation
<u>Explanation:</u>
Courts have the authority to consolidate the cases which have common concern. Consolidated case also does not mean the court will not hear each appeal separately. As the facts of the case are similar that they have not received their prepaid wedding gowns due to the bankruptcy of the bridal store single hearing is placed by the court.
The consolidated cases at first remain the same way but the arguments of the attorneys may diverge the case while appealing. The disappointed brides should receive their compensation at once from the failed store here.,
Answer:
$36,160
Explanation:
expected cash flow for March
Beginning cash balance $34,000
Sales $177,280
Variable costs -$132,960
S&A costs -$48,000
without depreciation
ending cash balance $30,320
desired ending cash -$66,480
cash deficit to be $36,160
covered by bank loan
Answer: $57
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
Opportunity cost of going to the theater:
Earning at work = $9 per hour × 3 hours
= $27
Theater ticket cost = $30
Therefore, total opportunity cost of going to the theater is as follows;
= Earning at work + Theater ticket cost
= $27 + $30
= $57
Answer:
a. The actual unemployment rate was higher during the recession of 1990-1991, but cyclical unemployment was higher in 2001.
Explanation:
Unemployment is defined as the number of people in a population that are willing to work and seeking for jobs but do not have employment.
Natural unemployment is defined as the normal process of leaving jobs and getting jobs in a situation when there is full employment.
Cyclical unemployment is created by recessions and booms.
Actual unemployment = Natural rate + Cyclical rate
Cyclical unemployment= Actual rate - Natural rate
In the first economy
Cyclical rate = 7 - 5.9= 1.1%
In the second economy
Cyclical rate= 6 - 4.8= 1.2%
So actual unemployment was 7% in 1990-1991 while in 2001 it was 6%
Cyclical unemployment was 1.1% in 1990-1991, while cyclical unemployment was 1.2%
Answer:
10%; 16%
Explanation:
Given that,
Real GDP in the first quarter of 2016 = $10 billion
Real GDP in the first quarter of 2017 = $11 billion
Increased from the fourth quarter of 2016 to the first quarter of 2017 = 4%
Growth rate from the first quarter of 2016 to first quarter of 2017:
= 
= 
= 10%
Real GDP growth rate is as follows:
= 4% × 4
= 16%
