<h2>Original offer becomes void (nothing).</h2>
Explanation:
Counteroffer: The original offer would have been either rejected or modified with new one.
This gives the original offeror three options:
Example:
When a buyer makes an offer on say "home", there is a possibility of seller can making a counteroffer. In other terms, a counteroffer is one of the negotiating tactic in response to the initial offer. You can call it as business tricks. When a counteroffer is announced, "the original offer goes nothing(void)".
Answer:
2.75 million
Explanation:
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
Increase in value of money supply as a result of the purchase is determined by the money multiplier
Money multiplier = 1 / reserve requirement
1/0.05 = 20
increase in money supply = amount of open market purchase / reserve requirement
55 / 20 = 2.75 million
The Consumer Credit Act is protections to apply between agreements between traders and individuals, sole traders, partnerships and unincorporated associations. But not agreements made between traders and bodies.
Answer:
The correct answer is: price elastic; increase.
Explanation:
The price elasticity of demand for apples is 1.2.
This implies that the demand relatively prices elastic.
Elastic demand means that a proportionate change in the price of apples will cause more than proportionate change in the quantity demanded.
A decrease in the price of apples will cause its quantity demanded to increase by more than proportionate. This will cause total revenue to increase.
Solution :
1. Allocation on the basis of 
LX EX
Direct Material 125000 90000
Direct 
cost 90000 60000
Manufacturing overhead 
(202500/5000 x 2000) (202500/5000 x 3000)
Total cost 296000 271500
Units produced 50 30
Cost per unit 5920 9050
2. Allocation on the basis of 
:
LX EX
Direct Material 125000 90000
Direct labor cost 90000 60000
Manufacturing overhead 121500 81000
(202500/150000 x 90000) (202500/150000 x 60000)
Total cost 336500 231000
Units produced 50 30
Cost per unit 6730 7700
3. Allocation on the basis of 
LX EX
Direct Material 125000 90000
Direct labor cost 90000 60000
Manufacturing overhead 112500 90000
(202500/2700 x 1500) (202500/2700 x 1200)
Total cost 327500 240000
Units produced 50 30
Cost per unit 6550 8000
