the original price of a 2015 honda insight to the dealer is $17,995.
after rebate, the dealer will pay $16,495.
The rebate amount can be calculated as follows:
Rebate amount = Original price - Amount paid by the dealer after rebate
= $17,995--$16,495
= $1,500
therefore, the rebate amount is $1,500
Answer:
the general welfare will be the sum of consumer surplus and producer surplus.
Explanation:
The consumer and producer surplus assessment serves to measure the overall efficiency of the market, which in turn is associated with overall well-being. An efficient market is one in which both consumers and producers have the incentive to negotiate and effect trade.
Consumer surplus is the difference between the amount he or she is willing to pay and how much he or she actually pays for the product. This surplus is positive when the amount paid is less than the amount for which the consumer would be willing to pay.
Similarly, the producer's surplus is the difference between the market price and the price at which the seller is willing to produce and sell. When the producer's surplus is positive, it means that he sells the product for a price higher than the minimum value that would stimulate him to produce.
Thus, the general welfare will be the sum of consumer surplus and producer surplus.
Answer:
A debit to Work-in-Process Inventory, Finishing Department of $140,000.
Explanation:
$140,000 will be credited to Work-in-Process Inventory, Mixing Department and debited to Work-in-Process Inventory, Finishing Department.
Finishing department is a process department. Finished goods are debited only when goods are transferred from the last processing department to finished goods.
Calculations
Cost per units transferred $ 4.00
Units transferred 3.500
Total cost of units transferred $ 1,40,000.00
Answer:
Answer 25 questions from an A,B
Explanation:
Answer:
The new money supply is $1,500
Explanation:
Before we proceed to answer the question according to the scenario painted, we need to make some preliminary calculations as follows;
If the monetary base deposit is $1000 and people hold 1/3 of their money, this means that the;
Reverse deposit ratio = 1/3
Currency deposit ratio = (cash in cash)/cash in deposit = (1/3)/(2/3) = 0.5
Thus mathematically,
money supply = (currency deposit ratio + 1)/(Reserve deposit ratio + Currency deposit ratio) × Monetary Base
Money Supply = (1+1)/(1+1/3) * 1000 = $1,500
