Answer:
B. Investors´ perceptions change, making a fixed exchange rate untenable.
Explanation:
A speculative attack happens when a lot of untrustworthy assets are sold by many investors and with that sale, they buy valuable assets.
In currency, it occurs when the national currency is sold massively and suddenly by national and foreign investors. These types of speculative attacks are seen especially on currencies that use a fixed exchange rate. They have the value of it tightened to a foreign currency.
I hope this answer helps you.
Owner’s equity is the residual value of a sole proprietorship -- a business owned by an individual -- if it paid off all of its debts. A withdrawal occurs when the owner takes money out of the company that will no longer be used in the company. The statement of owner’s equity shows the items that cause changes to owner’s equity during an accounting period. Investments and net income increase owner’s equity. A net loss and withdrawals decrease owner’s equity. You can calculate a sole proprietorship’s withdrawals if you know the other items on the statement of owner’s equity
Answer:
1.12
Explanation:
Flask company has a net sales of $2,190 million
The cost of goods sold is $2,060 million
Net income is $410 million
Average total assets is $1,960
Therefore it's total assets turnover can be calculated as follows
= sales/Total assets turnover
= $2,190 million/$1,960 million
= 1.12
Solution :
c. MC=MR is the profit maximizing equilibrium point. The price rise beyond that is likely to raise the total revenue. But the total cost might increase equally or more then that to nullify or decrease the profit.
d. (i). The demand increase implies that the AR (demand) curve shifts rightwards. This will increase the equilibrium price.
(ii). Change in demand does not affect the total cost.
a. Monopoly might continue to produce in short earn even if its AR < AC. It continues to do so until shut down point. It refers that production continued until average revenue (AR) is greater than equal to the average variable cost (AVC). The monopoly is a market with a single seller.
This market's average revenue (AR) demand curve is above its marginal curve . The curves are downward sloping, illustrating price demand inverse relationship.
Equilibrium quantity : when the marginal revenue = marginal cost
Equilibrium price : equilibrium quantity corresponding price at AR (demand ) curve.
Answer:
(A) 2,140 + 540x
(B) $27,520
(C) $540
Explanation:
Given that,
Fixed cost = $2,140 per month
Total cost to manufacture 21 bikes = $13,480
Variable cost for manufacturing 21 bikes:
= Total cost - Fixed cost
= $13,480 - $2,140
= $11,340
Variable cost for each bike:
= Total variable cost ÷ No. of bikes manufacture
= $11,340 ÷ 21
= $540 per bike
Let the number of bikes manufacture be x
(A) The cost function is as follows:
= Fixed cost + Variable cost
= 2,140 + 540x
(B) The total cost to manufacture 47 bikes:
= Fixed cost + Variable cost
= $2,140 + ($540 × 47)
= $2,140 + $25,380
= $27,520
(C) The cost to produce each additional bike:
= Variable cost for each bike
= $540
