Answer: Option B
Explanation: In simple words, aggregate demand refers to the total amount of goods and services that the consumers are willing to consume at a specific price and in a specified time.
A decrease in dollar value will result in less purchasing power for imports. This will result in less supply which will ultimately increase the price of the imported quantity, thus, resulting in decrease in aggregate demand.
Answer:
a. Shorten his portfolio duration
Explanation:
The best action to take in order to capitalize on expectations of increasing interest rates would be to shorten his portfolio duration. This is because an increase in the interest rate causes his portfolio value to decrease, yet if the duration of his portfolio is shortened then the change/decrease in value will be lesser than if done otherwise.
Answer:
Economies of scope
Explanation:
In the case of economies of scope, the efficiency should be attained via generating the variety of goods and services. In this the production cost is reduced at the time when different kinds of products are being produced
so as per the given situation, it is an example of the economies of scope
Therefore the same is to be considered and relevant
Answer: The quality and design of calculators improved dramatically from 2014 to 2016.
A new, safe method of memory enhancement became available for purchase.
As the price of textbooks increased, more and more students turned to the used-book market or chose not to buy textbooks at all, instead using the copies on reserve in the library.
Explanation: If textbook price increases , it might overstate the inflation in cost of going to college.
A new safe memory enhancement will be costly because of it's superior quality and technological progress.
Similarly , new calculator will also be improved and superior.
<em><u>Thus, the survey will reflect higher prices,</u></em>
<em><u></u></em>
Answer:
Cost of ending inventory is $3,550
Revised Question:
The given question is incomplete. The complete question is as follows:
A company had the following purchases and sales during its first year of operations:
Purchases Sales
January 10: 6 units at $120
February 20: 5 units at $125
May 15: 9 units at $130
September 12: 8 units at $135
November 10: 13 units at $140
On December 31, there were 26 units remaining in ending inventory. Using the Perpetual FIFO inventory valuation method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.)
Explanation:
FIFO (First in First out) inventory system refers to the inventory system in which it is assumes that first purchases are the first sold goods. So for calculating the cost of ending inventory we'll calculate the value of unsold goods.
<em>Calculations:</em>
<h3> Unsold goods Cost of unsold goods</h3><h3> 13 (13 X $140) =$1820</h3><h3> 8 (8 X $135) =$1080</h3><h3><u> 5 (5 X $130) =$650</u></h3><h3>Total unsold goods 26 Total cost of unsold goods =$3,550 </h3>
So the cost of ending inventory is $3,550
