Answer: Option (c) is correct.
Explanation:
Correct option: The demand facing the firm is downward-sloping because it is the market demand.
In a monopoly market conditions, there is a single seller in the market and the monopolist firm is price setter. But the demand curve faced by the monopoly firm is downward sloping because monopolist is a single firm who is operating in the market and there is a need to reduce prices if he wants to sell an additional units.
Answer:
$41,400
Explanation:
Swansea Finishing
Variable cost of goods sold = Variable manufacturing costs × Units Sold
Variable manufacturing costs $23.00
Units sold $1,800
Hence:
$23.00 × 1,800 units
= $41,400
Therefore the cost of goods sold using variable costing is $41,400
Mega is likely liable for trespassing. It is because when an
individual trespass on someone else’s property without the owner’s consent, the
individual who had trespass would likely be liable or detained for trespassing on
someone else’s property and can be charged based on the law.
Answer: a. True
Explanation: Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency. Foreign investment involves capital flows from one country to another, granting extensive ownership stakes in domestic companies and assets. Foreign investment denotes that foreigners have an active role in management as a part of their investment. One major spur of this inflow and outflow is the existing interest rate a country offers. Higher interest rates increases inflow of capital. The opposite is true for countries with lower interest rates, as there is an outflow of capital to countries having higher interest rates.
The key movements via are to increase the economy consist of a decreased bargain fee, buying government securities, and a decreased reserve ratio.
<h3>When the Fed makes use of contractionary policy?</h3>
When GDP in a kingdom is growing too fast, inflicting inflation to grow past a suited charge of two%, central banks will put in force a contractionary economic coverage. The Federal Reserve, or any principal financial institution, has three primary pieces of equipment to reduce the money supply.
A direct advantage of contractionary economic coverage is that it strengthens government budgets. As an instance, whilst the Fed's bargain price increases, the government earns extra cash from the banks that borrow budget from the Fed's cut price window. The government can use this supply of sales to offset spending and decrease price range deficits.
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