Answer:
The supply of the output from the hydroelectric power plants to decrease
Explanation:
As mentioned in the problem statement now an extra task is added to the process of electricity production. This will slow down the output rate of electricity and hence it can be safely concluded that the supply of electricity will decrease.
Answer:
Total overhead = = $7,500
so here correct option is E. $7,500
Explanation:
given data
production = 1,000 units
direct labor = ¼ hour @ $24 per hour
variable overhead = 75 % of direct labor
fixed overhead = $3,000
to find out
total amount of overhead
solution
we first find Direct labor that is
Direct labor = ¼ × 24
Direct labor = $6
so
Total overhead will be here
Total overhead = Variable overhead + Fixed overhead .................1
now put here value we get
Total overhead = ($6 × 75% ) × 1,000 + $3,000
so
Total overhead = = $7,500
so here correct option is E. $7,500
Answer:
The inventory TO is 3.6875
Explanation:
where:
Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:
The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.
Bank interest is when you leave money in the bank for saving purposes. Then the money stays in the bank and you get money for keeping your money in the bank.
Answer:
The correct answer is (A)
Explanation:
Monopoly and monopolistic competition are similar in many ways. In both type of markets the firms are usually the price makers. Being the only firm in the market gives them an opportunity to earn abnormal profits and in both cases firms earn abnormal profits. Perfect competition is a type of market that is totally different in terms of number of sellers and buyers. In perfect competition firms are the price takers.
