Based on the various activities for the month that were reflected in your checkbook, your new balance would be $135.84.
<h3>What is the checkbook balance?</h3>
This can be found as:
= Opening balance + Deposits - Checks and withdrawals
Solving gives:
= 134.56 + 345.12 - 32.19 - 250 - 16.65 - 45
= $135.84
In conclusion, your new balance is $135.84.
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If GSU feels that raising tuition would enhance revenue, it is assuming that the demand for university education is inelastic.
- The quantity of a good that consumers are willing and able to buy at different prices during a specific time period is known as demand in economics. The demand curve is another name for the relationship between price and quantity demand.
- A change in demand whose percentage is less than a change in price. Demand is said to be inelastic, for instance, if the price of a good increases by 25% but drops in demand by just 2%.
- When there is a small change in the quantity demanded when the price changes, a good or service has inelastic demand. The term "price inelasticity of demand" is another name for this. An example of inelastic demand is gasoline, where individuals generally buy the same amount even when prices rise.
Thus this is the answer.
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Answer:
D. $4,902
Explanation:
Schickel Inc.
RELEVANT COST can be defined as the cost that are often said to be incurred only when making specific and important business decisions because this relevant cost is used to determine whether to sell or keep a business which is why relevant cost concept is useful for eliminating some information from a particular decision-making process.
Relevant cost=
New stocks of the material purchased for $6.45 per liter.
Relevant cost of 760 liters of the material to be used.
Hence;
= $6.45 per liter ×760 liters = $4,902
Therefore the relevant cost of the 760 liters of material B39U is $4,902
Answer: 1) collect data, develop hypotheses, and analyze the results.
Explanation:
Scientist are the professional who work in physical science or natural scientist field to gather information ,creates hypothesis for testing or experimentation to know about the actual outcome.
Macroeconomic is the field where overall economy is studied and analyzed to generate studied supposition .From created theory, evaluation of phenomena is done.
Other options are incorrect because unlimited usage of controlled experiment, relying on analyze data nd designing data are not the measure taken by scientist of macroeconomic field .Thus, the correct option is option (1).