Answer:
maybe he earned 5000 more
Explanation:
5000+5000=10000
Answer:
A credit to Appropriations,$12,900,000
Answer & Explanation:
a). The contract between Lisa and Bob is valid and enforceable as a valid contract is an agreement between parties lacking no element. The contract was very detailed and well discussed regardless of Bob drinking it is still enforceable unless Bob can proof that the intoxication impaired his judgement and made him incompetent to sign the contract thereby making it void.
b). The contract will be valid if Bob signed it before the drinks arrived as the document was complete and his signature show acceptance of the terms of the contract.
c). A minor can not enter into a contract as they may lack the capacity to enter into a valid contract. As such, if Bob was a minor regardless of him being sober any contract signed by him can be completely voidable.
According to the question, consumers' disposable income increased by $341 billion and their spending increased by $299 billion. The MPC was 0.877.
<h3>What do you mean by the MPC?</h3>
The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics.
Keynesian macroeconomic theory includes a concept known as marginal propensity to consume, which is determined as the change in consumption divided by the change in income.
Here,
Income increased = $ 341
Spending increased = $ 299
MPC = 299/341
MPC = 0.877
Therefore, consumers' disposable income increased by $341 billion and their spending increased by $299 billion. The MPC was 0.877.
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Answer:
BEP in units is 25 units, and B) 50 units.
Explanation:
The formula for Break even point is Fixed costs / Contribution per unit or total contribution.
In the following scenario the contribution per unit is $1000 - $600 = $400.
The fixed costs are $10000. Thus the Break even point in units will be 10000/400 = 25 units.
If the selling price drops by 20%, the contribution will now be $200. (200 dollars less due to the 20% drop).
The break even point will now be;
10000/200 = 50 units