Answer:
supply curve shifts to the right
Explanation:
That algae can be fed on by lobsters in lobster farms, it is a positive discovery which means that the the farms need not purchase lobster feed anymore and as such means that the prices of lobsters will reduce while its production of lobsters by the farms will increase, thus meaning that the supply curve shifts right.
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Answer:
the answer is b: none of the listed options
Explanation:
Answer:
Purchases= 1,854 pounds
Explanation:
<u>To calculate the direct material purchases, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Production= 280*5 + (300*0.4)*5= 2,000 pounds
Desired ending inventory= [(300*0.6)*5* + (240*0.4)*5]*0.3= 414 pounds
beginning inventory= (280*0.4)*5= (560) pounds
Purchases= 1,854 pounds
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Answer:
A laptop computer that you want to purchase was originally priced at $1225. You will receive a 20% student discount, and the sales tax rate is 8%. How much money will you pay for the laptop?
$1058.4
Explanation:
20/100 x 1225= 245 discount
1225-245= 980 original student price
price plus sales tax = 8/100= 0.08 x 980= 78.4
78.4 + 980= $1058.4