<u>Solution and Explanation:</u>
- When interest rate is 8%, opportunity cost is 800 dollar per year for 10000.
- When interest rate is 10%, opportunity cost is 1000dollar per year for 10000.
McQ ans is C I.e. Qunatity demand decreases as interest rate rises because Md=KPY-hi
It is to kept in mind that with the change in the quantity that is being demanded may fluctuate with the change in the interest rate. The relationship between the price and demand goes hand in hand.
Answer:
Not involved In the production process
Eg. Selling expenses or advertising expenses
Answer:
556.6 or 557 units
Explanation:
Given that,
Digby's sales forecast for Dixie = 506 units
Digby wants to have an extra units on hand above and beyond their forecast = 10%
Production units = Sales × (1 + Reserve Percentage)
= 506 × (1 + 10%)
= 506 × 110%
= 556.6 or 557 units
Therefore, the Dixie's will produce 557 units in order to have a 10% reserve of units available for sale.
If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities curve between x and y would be bowed outward.
The law of increasing possibility fee: As you increase the manufacturing of 1 appropriate, the opportunity fee to provide the additional precise will boom.
First, understand that opportunity price is the fee of the following-high-quality alternative when a decision is made; it's what's given up.
When the economy grows and all other matters continue to be steady, we are able to produce greater, so this will motivate a shift in the manufacturing opportunities to curve outward, or to the proper.
Learn more about production here: brainly.com/question/26460726
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Answer:
800,000/600,000=1.33
Profit percentage = 1.33-1=0.33=33%
0.02*800,000=16,000 worth of goods returned
Profit= 0.33*16,000=5280
COGS= 16,000-5280=10,720
Adjusting Entry
Debit Credit
Goods returned 10,720
Profit 5,280
Cash 16,000
Explanation:
