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4 years ago

Which of the following illustrates the law of demand?

Business

1 answer:

Tanzania [10]4 years ago

4 0

Answer:

The right answer is, C. Consumers buy more personal computers because prices have fallen.

Explanation:

the price and demand are indirectly proportional, that is, if the price of a good or service increases, therefore its demand will decrease and if the price decreases its demand will increase.

So the point that most illustrates this market activity is point C.

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9. Assume that Cane expects to produce and sell 87,000 Alphas during the current year. A supplier has offered to manufacture and

sasho [114]

Answer: Financial disadvantage of -$‭863,000‬

Explanation:

If they made the 87 thousand units themselves, they would incur a cost of:

= 87,000 * (Direct labor + Direct materials + Variable manufacturing overhead) + Traceable fixed manufacturing overhead

= 87,000 * (23 + 24 + 22) + (23 * 110,000)

= 87,000 * 69 + ‭2,530,000‬

= $‭‭‭8,533,000‬

Traceable fixed costs are based on the total capacity of 110,000 units being produced and so will not change.

If they buy from the supplier, the cost would be:

= 108 * 87,000

= $‭9,396,000‬

Financial advantage (disadvantage) = ‭‭8,533,000‬‬ - ‭9,396,000‬

= -$‭863,000‬

8 0

3 years ago

3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million. Assume 3M p

Verizon [17]

Whats the question.....

4 0

3 years ago

Based on the following information, what is the balance on the current account? Exports of goods and services = $12 billion I

Delicious77 [7]

Answer:

-$7billion

Explanation:

Given that

Exports of goods and services=$12 billion

Imports of goods and services=$14 billion

Net income on investments= -$4 billion

Net transfers= -$1 billion

Increase in foreign holdings of assets in the United States= $6 billion

Increase in U.S. holdings of assets in foreign countries= $3 billion

Recall that

CAB = (X - M) + NY + NCT

Where

X = export

M = import

CAB = current account balance

NY = net income from abroad

NCT = net current transfers

Therefore

CAB = (12 - 14) - 1 - 4

= - $7 billion

4 0

3 years ago

Read 2 more answers

Leon, the production manager at a furniture manufacturing company, decides to underperform at work by not meeting his monthly ta

stiks02 [169]

Answer: B. Equity theory

Explanation:

Equity Theory is based on the idea that individuals are motivated by fairness. In simple terms, equity theory states that if an individual identifies an inequity between themselves and a peer, they will adjust the work they do to make the situation fair in their eyes.

Equity Theory calls for a fair balance to be struck between an employee's inputs (hard work, skill level, acceptance, enthusiasm, and so on) and an employee's outputs (salary, benefits, intangibles such as recognition, and so on).

The theory is built-on the belief that employees become de-motivated, both in relation to their job and their employer, if they feel as though their inputs are greater than the outputs and if they are not treated fairly compared to their peers.

4 0

3 years ago

Dissolution of common salt in water is physical change. give reason

Misha Larkins [42]

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8 0

3 years ago