Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.
<h3>Option (B) is correct</h3>
<u>Explanation:</u>
Bread and butter are complementary goods. They are demanded and consumed together. So their demand are positively correlated which means an increase in demand of one will lead to the same increase the demand of other
If the Price of butter decreases, it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.
Can help in a emergency = using saving account money
establishing good credit = using credit cards
does not require planning = making impulse purchases
can result in crushing interest expenses = obtaining a loan for a major purchase
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Answer:
Total cost= 40,000 + 30X
Explanation:
Giving the following information:
The semiautomatic process has a fixed cost of $40,000 per year and a variable cost of $30 per unit.
We need to use the following formula:
Total cost= fixed costs + unitary variable cost*X
Total cost= 40,000 + 30X
Answer:
Number of new shares:
= 140,000×(1÷2)
= 70,000
Amount of new investment:
= 70,000×$10
= $700,000
Total value of company after issue:
= $700,000+140,000×$40
= $6,300,000
Total number of shares after issue:
= 140,000+70,000
= 210,000
Share price after issue:
= $6,300,000÷210,000
= $30
Explanation:
