Answer and Explanation:
As per the data given in the question,
Net income per unit = sale per unit - total cost
Sell of basic kit Process stage 2 kit Net income(inc./dec. )
Sales per unit $22 $34 $12
Cost per unit
Direct materials $8 $4 $4
Direct labor 0 $11 -$11
Total cost $8 $15 -$7
Net income per unit(inc.)$14 $19 $5
The correct answer for the question that is being presented above is this one: "<span> iv). Q1 =40.5, Q2 =25.5, P=70."
The correct answer for the question that is being presented above is this one: "</span><span>iii). are needed to guarantee the existence of equilibrium."
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The correct answer for the question that is being presented above is this one: "<span>ii). all risk averse decision makers will prefer lottery B to lottery A."
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The correct answer for the question that is being presented above is this one: "<span> iv). £1/(1+r)3."</span>
Answer:
<u>An 'increase in supply' means the supply curve has shifted to the right while an 'increase in quantity supplied' refers to a movement along a given supply curve in response to an increase in price.</u>
Explanation:
Answer:
A
Explanation:
To answer the question, we look at an extreme scenario of 0% interest rate and see the minimum repayment Jade will make on the loan taken
Therefore,
Interest Rate = 0%
This means that the loan to be paid will be calculated as follows
Monthly payments x 12 Months x 14 Years
= $195 x 12 months x 14 years = $32, 760
The meaning of this outcome is that the lower the interest rate to be paid, the higher the size of the loan, because at 2.9% the loan= $26,898.98 and at 0% rate the loan= $32, 760.
The conclusion therefore is a 2.7% interest rate which is lower than 2.9% but not as low as the extreme 0% will cause the loan amount to be higher than $26,898.98. This affirms option A.
Options B and C are wrong because 2.5% and 2.3% are lower than 2.9%, therefore, the loan amount will be higher. Option D is also wrong because a 3.1% interest rate is higher than 2.9%, therefore, the amount should be lower not higher than $26,898.98
Answer:
The answer is: $18, 750
Explanation:
The double-declining-balance(DDB) method entails computing depreciation of an asset at an accelerated rate. This method is employed when the asset loses value quickly and is expected to generate more revenue at the earlier stages of its useful life. The depreciation is higher at the beginning and lower close to the end of the asset's useful life. The depreciation is computed as follows:
Depreciation = 2 * straight line depreciation percentage * Book value at the beginning of the period
Machine cost: $75, 000
Residual Value: $5, 000
Estimated Life: 4 years/18, 000 hours
Straight line depreciation percentage : 100/4 = 25%
Depreciation Year 1 on DDB = 2 * 25% * $75, 000
= $37, 500
Depreciation Year 2 on DDB = 2 * 25% * ($75, 000 -$37, 500)
= $18, 750