Answer:
B. There is no contract
Explanation: A contract is an agreement between two or more people to enter into a relationship which can be a business relationship or other types of Relationship.
FOR A CONTRACT TO BE BINDING IT MUST MEET CERTAIN CRITERIA WHICH INCLUDES
(1) CONSENT OF THE PARTIES INVOLVED.
(2) THE PARTIES INVOLVED MUST BE OF SOUND MIND ESPECIALLY AS AT THE TIME THE CONTRACT IS BEING SIGNED
(3) THE CONTRACT MUST BE LEGAL ETC.
Between Jane and Al there is no contract as Al does not agree with the proposal of Jane.
B. Understanding what you want!
I think its true...........................
Answer:
1.
Selling Price $156
2.
Variable cost $101.25
Break-even 9,500 units and $1,482,000
Explanation:
Compposit unit unit is a unit made according to the propostion to sale. Different products are combined to make a sales mix for composit unit.
1.
Selling price per composit unit = [ ( 7 x 111 ) + ( 3 x 261 ) ] / 10 = 1560 / 10 = $156
2.
Variable cost per composit unit = [ ( 7 x 68 ) + ( 3 x 180.5 ) ] / 10 = 1,017.5 / 10 = $101.75
Contribution per composit unit = Selling Price - variable cost = $156 - 101.75 = $54.25
Break-even Point = Total Fixed cost / Contribution per unit = $515,375 / 54.25 = 9,500 units
Break-even Point ($ value )= 9,500 x 156 = $1,482,000
Answer:
Macroeconomics is a very relevant subfield of economics because it studies economic matters at the aggregate level, that means things such as inflation, unemployment, economic growth, investment, saving, and many other economic phenomena that are very relevant for all countries, all governments, and essentially everybody around the world.
Macroeconomics is a contested field, with some points in agreement, but many others in dispute among economists. For this reason, the policy recommendations that are based on macroeconomic criteria are often very different, and frequently clash into political conflict.
Economic policy decisions never produce exactly the expected result, but they often give a satisfactory result (not always). For example, the monetary policy based on the principles of monetarism did manage to bring down inflation substantially ever since it began to be applied in the late 1970s.
