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exis [7]
2 years ago
8

Good Y is a normal good. If the average income of those who buy good Y rises, the _____________ curve for good Y will shift ____

________ resulting in a(n) _____________ in the equilibrium price of Y and a(n) ____________ in the equilibrium quantity of Y.
Business
1 answer:
Margarita [4]2 years ago
8 0

Answer:

Blank 1: Demand

Blank 2: Right

Blank 3: Increase

Blank 4: Increase

Explanation:

Good Y is a normal good. If the average income of those who buy good Y rises, the <u>demand</u> curve for good Y will shift <u>right</u> resulting in a(n) <u>increase</u> in the equilibrium price of Y and a(n) <u>increase</u> in the equilibrium quantity of Y.

This is explained from the graph given below:

Download docx
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Terrence Industries charges manufacturing overhead to products by using a predetermined application rate, computed on the basis
puteri [66]

Answer:

See below

Explanation:

First, we need to get the predetermined rate

Predetermined rate = Cost of manufacturing overhead / Cost driver

= $1,800,000/60,000

= $30

We will now calculate the application.

Actual labor hours × rate

= 61,500 × $30

= $1,845,000

We will now compare actual with overhead cost

= Applied Overhead cost - Actual manufacturing overhead

= $1,845,000 - $1,810,000

= $35,000

The above is an over application of overhead cost because the cost applied exceed the actual cost.

5 0
2 years ago
Which of the following makes a true statement? Concurrent powers are those that are exclusive to the states, such as ratifying a
bearhunter [10]

Answer:

The answer is: Delegated powers are those that are exclusive to national government, like printing money.

Explanation:

Delegated powers are powers given to the federal (national) government and specifically outlined by the US Constitution (Article 1, Section 8). They outline the authority and limits of the three branches of the federal government (legislative, executive and judiciary). Some examples of delegated powers are power to declare war, lay and collect taxes, print and coin money, etc.

5 0
3 years ago
Criminal investigation help please
Yakvenalex [24]
It cant be B because the exit wound is usually big , so im going with A
5 0
3 years ago
Read 2 more answers
According to the "marketing rules" we discussed in class, if you cannot be first in a product category, Group of answer choices
ozzi

Answer:

B) change your promotional campaign

Explanation:

A company should advertise that it is the no.1 selling product X in the market

8 0
2 years ago
The market value of​ Fords' equity, preferred stock and debt are $ 6 ​billion, $ 2 ​billion, and $ 12 ​billion, respectively. Fo
aniked [119]

Answer:

10.12 %

Explanation:

Weighted Average Cost of Capital (WACC) is the cost of permanent sources of capital pooled together. It shows the risk of the business and is used to evaluate projects.

WACC = Cost of equity x Weight of Equity + Cost of Debt x Weight of Debt + Cost of Preference Stock x Weight of Preference Stock

<u>Remember to use the After tax cost of debt :</u>

After tax cost of debt = Interest x (1 - tax rate)

                                    = 10​% x ( 1 - 0.40)

                                    = 6.00 %

<u>Cost of equity :</u>

Cost of equity = Return from Risk free security + Beta x Risk Premium

                        = 4.00 % + 1.8 x 8.00%

                        = 18.40 %

<u>Cost of Preference Stock :</u>

Cost of Preference Stock  = Dividend / Market return x 100

                                            = $2.50 / $ 25 x 100

                                            = 10%

therefore,

WACC = 18.40 % x 30 % + 6.00 % x 60 % + 10.00% x 10%

           = 10.12 %

thus,

Ford's weighted average cost of capital is 10.12 %

6 0
3 years ago
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