Answer:
Yes, this is an increase in demand
Explanation:
Demand increased from 10 watches per week to 35 watches per week.
This is an increase in demand and it was induced by the drop in price from $75 to $50.
Consumers tend to buy more at lower price and tend to reduce their demand at higher price. This is the law demand.
Higher price reduces consumers' purchasing power.
Answer:
The ending balance of retained earnings for the company $ 140.000
Explanation:
Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.
Answer:
Option A, Randomization
Explanation:
Extraneous variables can be taken care of through randomization or random sampling. In random sampling, the extraneous variables are not deleted instead their equal distribution is ensured. Random sampling increases the external validity and generalize the population.
Hence, option A is correct
Answer:
BEP $88,403.85
Explanation:
R10L22,000 - 10,060 = 11,940
X96N 35,000 - 17,000 = 17,700
57,000 29,640
Contribution Mix total contribution / total sales
29,640/57,000 = 0.52
45,970/0.52 = $88,403.84
