Answer:
Time Series.
A set of observations of a variable measured at successive points in time or over successive periods of time. From historical data. Forecast.
Explanation:
i think
Answer:
$140 per hour
Explanation:
The computation of labor charge per hour is shown below:-
Labor charge per hour = (Total of Wheels 'N Spokes Repair Shop ÷ labor hours) + Profit margin
= ($500,000 ÷ 5,000 hours) + $40 per labor hour
= $100 per hour + $40 per hour
= $140 per hour
Therefore for computing the labor charge per hour we simply applied the above formula.
Answer:
I can advise you to make a list of all your monthly income and plan to make a programmed saving after taking out the expenses of your basic needs, so that they are not affected by the savings you will be making
Explanation:
Answer:
C) increase liabilities and assets by $20,000.
Explanation :
Any financial transaction affects both assets and liability equally. If asset is increased , liability also is increased and vice-versa.
In the given problem , Option A and option B states that while one increases , other decreases. which is not possible .
So option C is correct.
Answer:
Based on the information supply of cards is more elastic (price sensitive) than that of roses
Explanation:
Price elasticity of supply is defined as the sensitivity of quantity supplied to changes in price.
The formula is given below
Price elasticity of supply= Change in quantity supplied ÷ Change in price
In this scenario the demand for both roses and cards increases, however the price of roses increases more.
This implies that the denominator in the formula is higher in roses resulting in smaller price elasticity of supply.
The elasticity of supply for cards is higher than that of roses, so it is more sensitive to changes in price.
Cards can be stored from year to year so the labour for maintaining a stock of cards is low with resultant low price.
On the other hand roses require care to grow. It requires watering, application of chemicals to treat infestation and so on. So suppliers tend to push the extra cost of growing roses to the buyers