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Marina86 [1]
3 years ago
11

Suppose the supply curve for wool mittens is represented​ as: Q​ = 50​ + 1/2X​ - 5Y​ - 24Z. Which one of the following statement

s below is​ true?A. The variable Y could be the price that wool mittens sell for in the market. B. The variable X could be the price of the wool used to make mittens. C. The variable Y could be the price of the wool used to make mittens.D. The variable X could be consumers income.
Business
1 answer:
natali 33 [55]3 years ago
4 0

Answer:

C) The variable Y could be the price of the wool used to make mittens.

D) The variable X could be consumers income.

Explanation:

quantity supplied = 50 + 1/2X - 5Y  -24Z

In this equation if X increases, then the quantity supplied increases. Therefore X can either be the product's price or consumer income.

In this equation if Y or Z increase, then the quantity supplied decreases. Therefore Y or Z are production costs, either labor or materials.

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Answer:

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8 0
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Answer:

"Decrease by 250" is the appropriate response.

Explanation:

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Revised fixed cost,

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Current contribution will be:

=  Current \ selling \ price-Current \ variable \ cost

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The revised BEP will be:

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hence,

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Thus the above is the correct answer.

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The term posting means: Entering transactions in a book of original entry Transferring debit and credit amount from the journal
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