If the federal gasoline tax increases to $1 per gallon, the gasoline price rises, demand for bicycles shifts rightward.
Option B
<u>Explanation:</u>
If the price of gasoline increases, then probably there will be a decrease in the consumption of the same as a result of which the demand for the substitute product, bicycle increases.
Demand curve a graphical representation of changes in the product or service demanded along with the changes in the cost or price of the service or product. Increase in the demand for a product, is generally represented by the rightward shift in the demand curve.
Answer: True
Explanation: There is always that opportunity to perfect existing industry standards and several analysis would have already be done which saves you a great deal of financial stress and a possible loss.
Answer:
The correct answer is Requirements.
Explanation:
The purpose of the requirements discipline is:
Establish and maintain an agreement with customers and other stakeholders about what the system should do.
Provide system developers with a good understanding of system requirements. Define the limits of the system (delimit it).
Provide a basis for planning the technical content of the iterations.
Provide a basis for estimating the cost and time to develop the system.
Define a user interface for the system, focusing on the needs and goals of the users.
To achieve these objectives, it is important, first of all, to understand the definition and scope of the problem that the system is trying to solve. Stakeholders are identified and stakeholder requests are obtained, gathered and analyzed.
From there, the work products of the requirements are developed to fully describe the system (what the system is going to do) in an effort that perceives all stakeholders, including customers and potential users, as important sources of information ( in addition to the system requirements).
Answer:
Long run real GDP will remain unchanged.
Explanation:
The increase in personal taxes (-$20 billion) would offset any increase in real GDP generated by the increase in private consumption ($20 billion). Nominal GDP can be affected and increase by $20 billion, but the effect would be given by an increase in general price level (inflation), not by an increase in real money.
Answer:
$48,000
Explanation:
The total cost of the units produced in the month is the sum of the direct and indirect cost. The indirect cost is also known as the overheads.
The direct cost is the sum of the direct labor and direct material cost.
Total direct cost = 600( $30 + $40)
= $42000
Indirect cost = 600/6400 * $64,000
= $6000
The total cost of the units made in January was
= $42000 + $6000
= $48,000
