Answer:
A firm offer.
Explanation:
A firm offer is an irrevocable, written and signed offer that will remain open for a specific period of time or occurrence of a certain event, during which the specified goods or services can not be revoked.
It is normally considered to be open for 30 days after its presentation, if no date is specified.
Answer: The supply curve will shift ot the left if wages paid to milkshake makers increase.
When the wages paid to workers increase, the cost of producing a product also increases.
If the supplier continues to sell at the price before the wage increase, he will earn less profits than before, so he will not be motivated to produce as many units of the product as he was producing before.
In order to produce as many units as he was producing before the wage increase, he will look achieve the at least the same amount of profit as before. So, he’ll be willing to supply the same quantity of goods only at a higher price per unit. Hence the supply curve will shift to the left.
Answer:
The statement is: True.
Explanation:
A wholly-owned subsidiary is a corporation with a common stock owned by another company at one hundred percent (100%). When a company owns less than fifty percent (50%) of another company, the company holds a minority interest in it. The parent company will control all development, management, and profits with a wholly-owned subsidiary but it also shares costs and responsibilities.
Answer:
$197,000
Explanation:
Calculation for what were the firm's budgeted payments in March
Month Purchase Payment in month
January 200,000* 10% =20,000
February 180,000* 60%= 108,000
March 230,000 *30%= 69,000
Firm's budgeted payments in March $197,000
(20,000+108,000+69,000)
Therefore the firm's budgeted payments in March is $197,000
