The Christmas tree farm would respond by:
- In the short run, producers are going to earn profits and also increase their supply of the product.
This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.
As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.
This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.
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Answer:
The correct answer is B. may change as time passes and circumstances
Explanation:
The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.
Answer:
cost per thousand persons reached.
Explanation:
Naturally, this is used in any form of planning as it is seen in the case of the required television outlet in calculating for the thorough cost effectiveness during this ordeal and also use it as aids in getting an approved or target budget in course of running the said media advertising. Even as it is stated above that it is expensive; it is seen that when the audience to reach out to 1000 or lesser, it it is less costlier which means in this case, it us to be a multiple of 1000.
Answer and Explanation:
The journal entries are shown below:
a.
Work in process inventory ($4,640 + $5,510 + $6,612 + $12,760 + $18,270) $47,792
Factory Overhead $12,500
Factory Wages $60,292
(being the factory labor cost is recorded)
b.
Work in process inventory ($47,792 ÷ 29 × 23) $37,904
To Factory Overhead $37,904
(being the factory overhead applied to production is recorded)
Answer:
The right response is "4.102%".
Explanation:
Given:
Number of half years,
n =
=
Coupon per half years,
c =
=
Price,
pv = 949
Par value,
= 1000
Now,
The YTM will be:
=
=
= (%)
hence,
After tax cost of debt will be:
=
=
= (%)