Answer: The monthly payment will be $2007.81.
We have:
Cost of the sports coupe (PV) $84,500
Annual Percentage Rate (APR) 6.6%
Loan tenure in months (n) 48
We can find the monthly payment by using the Present value of an annuity formula:
Since APR is a yearly number, we need to convert it into a monthly rate.
So , 
Plugging values in the PV formula above we get,
Based on the principle of economics, the correct answer goes thus:
Economists distinguish among the immediate market period, the short run, and the long run by noting that:
- Elasticity of supply will increase when the number of producers selling a product decreases.
<h3>Immediate market run</h3>
Economists distinguish among the immediate market period, the short run, and the long run by noting that there will be increase in elasticity of supply.
In conclusion, we can conclude that the correct answer is the increase in elasticity of supply.
Learn more about elasticity of supply here: brainly.com/question/4467460
Answer:
Allocated MOH= $432,000
Explanation:
Giving the following information:
Predetermined overhead rate of $8.00 per machine-hour
Actual machine-hours worked= 54,000 hours
<u>To calculate the allocated overhead, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 8*54,000
Allocated MOH= $432,000
Answer: Option C
Explanation: In simple words, a product refers to an entity that that could be tangible or intangible and is produced by the manufacturer for satisfying the wants of its customers.
Hence anything that is offered to the market and has the ability to satisfy the needs of specified individuals will be classified as a product.
Thus, the correct option is C.
Answer: Theory Y
Explanation:
Theory Y is one of the human work motivation created by McGregor. The theory states that "workers that are motivated and enjoy their work will perform better without a direct reward system". This happens when managers value their employees and see them as assets.
