Answer:
d. The cost of producing blue jeans will fall, and the supply curve for blue jeans will shift to the right
Explanation:
If the price of cotton falls, the cost of producing blue jeans would fall. As a result of the fall in the cost of production, more producers would be attracted to the industry and production would increase. Increase in supply of blue jeans would shift the supply curve to the right.
I hope my answer helps you
D) all of these...............
Answer:
If the required reserve ratio is 0, that means that the money multiplier will be infinite. I guess the question is incomplete.
I looked for similar questions to fill in the blanks:
If you deposit $2,400 and the required reserve ratio is 0.4, then by how much does the money supply increase?
first we must determine the money multiplier = 1 / required reserve ratio = 1 / 0.4 = 2.5
to determine the total effect on the money supply we just multiply the deposit by the multiplier = $2,400 x 2.5 = $6,000 increase.
Answer:
$192,000
Explanation:
Calculation for What is the value of ending inventory under variable costing
Using this formula
Value of ending inventory =[(Direct materials+Direct labor+Variable overhead+(Fixed overhead/Units produced)×Ending units in inventory]
Let plug in the formula
Value of ending inventory=[($6+ $4+ $5 + ($234,000/26,000 units) ×8,000 units]
Value of ending inventory= ($15 units+$9 units)×8,000 units
Value of ending inventory=$24 per units×8,000 units
Value of ending inventory = $192,000
Therefore the value of ending inventory under variable costing will be $192,000
