All categories

3 years ago

Which of the following is considered a cause of inflation?

Business

1 answer:

inn [45]3 years ago

8 0

Inflation means- A general increase in prices and fall in the purchasing value of money.

So if you think about the question and the definition, what answer involves the money going down and or up significantly?

The answer would be,

B, Producers raise prices to meet HIGHER cost.

Hope this helps :)

You might be interested in

Duck Company produces a product which sells for $40. Variable manufacturing costs are $18 per unit. Fixed manufacturing costs ar

andrey2020 [161]

Answer:

Contribution margin = $16

Explanation:

Contribution is the difference between the selling price and the variable cost.

Contribution margin = (Sales - variable cost )

Variable cost = Variable manufacturing + Variable selling cost

Variable cost = 18 + (15%× 40) = 24

Contribution margin = 40 - 24 = $16

Contribution margin = $16

3 0

3 years ago

Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha

Veseljchak [2.6K]

Answer:

Proposal A: 5,455 units

Proposal B: 5,770 units

Explanation:

The break-even point is the number of units required for the revenue to equal the total costs.

For proposal A:

Fixed Costs = $60,000

Variable Costs = $13 / unit

Selling Price = $24 / unit

$(P-VC)*n-FC = 0\\(24-13)*n-60,000 = 0\\n=5,454.5\ units$

For proposal B:

Fixed Costs = $75,000

Variable Costs = $11 / unit

Selling Price = $24 / unit

$(P-VC)*n-FC = 0\\(24-11)*n-75,000 = 0\\n=5,769.2\ units$

Rounding up to the next whole unit, the break-even points for proposal A and B, respectively, are 5,455 and 5,770 units.

3 0

3 years ago

At the beginning of a recent year, JetBlue's assets were $7,071 million and its equity was $1,757 million. During the year, asse

STALIN [3.7K]

Answer:

JetBlue's equity at the end of the year was $1,888 million

Explanation:

Basing on accounting equation:

Total asset = Liabilities + Equity

At the beginning of a recent year, JetBlue's liabilities = Total asset - Equity = $7,071 - $1,757 = $5,314 million.

During the year, assets decreased by $1 million and liabilities decreased by $132 million.

At the end of the year:

JetBlue's assets = $7,071 - $1 = $7,070 million

JetBlue's liabilities = $5,314 - $132 = $5,182 million

JetBlue's equity = JetBlue's assets - JetBlue's liabilities = $7,070 - $5,182 = $1,888 million

7 0

3 years ago

A fast-growing form of foreign direct investment is sovereign wealth funds (SWFs). Why do these investments by governments with

PolarNik [594]

Answer:

Large firm can gain control of natural resources.

Explanation:

Investments by governements with surplus cash flows do worry trade expert as believe as investing in large firm by goverment will take away control of natural resouces by government and corporate will have more control on natural resources, sensitive technologies of nation and management control.

Generally, sovereign wealth funds (SWFs) is governement funded investment to improve economy and develop nation and it´s citizen, however, a fast-growing form of foreign direct investment is sovereign wealth funds will have adverse affect on country´s citizen and resources nation have.

5 0

3 years ago

Which of the following statements regarding quality-control inspections is true? a.Inspection requires product tear down. b.Insp

Nimfa-mama [501]

Answer: The answer is C. Inspection requires both product tear down and product reassembly.

Explanation: The aim of quality-control inspections is to ascertain whether a product has been made according to specifications, and whether there are any defects in the products.

Therefore quality-control inspections will involve product tear down, in order to check the component parts of a product for quality assurance, and product reassembly is carried out after the product tear down to reassemble the products if it is discovered that it meets quality standard.

4 0

3 years ago