Answer:
The correct answer is option c.
Explanation:
An increase in the supply of compact disc players would cause the supply curve to shift to the right. This rightward shift in the supply curve would cause the price of compact discs to decline.
At lower prices, the consumers are consuming more of compact disc players. The quantity demanded of players has increased.
This is also evident through the given figure.
Answer:
Cost saving per zipper
= External price - Agreed transfer price
= $3.50 - $3.25
= $0.25
Total cost saving
= $0.95 x 90,000 zippers
= $85,500
Explanation:
In this case, we need to calculate the saving per zipper which is external price minus agreed transfer price. Then, we will multiply the saving per zipper by the quantity of zipper required by LeatherStuff, which is 90,000 zippers.
As a general rule, the underground economy in a country will be bigger when the red tape is oppressive.
Oppressive means to have hardship or constraint on a specific group.
The Red Tape meaning is to have excessive rules and regulations in businesses.
Answer:
c. 10.49%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $964
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 10% = $100
NPER = 15 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is 10.49%
