Answer:
The correct option is A,the fourth quarter budgeted revenue is $32500 as shown below.
Explanation:
The budgeted sales quantity for fourth quarter is 1300 units at $25 each.
From Economics equation of revenue equals price multiplied by quantity, the revenue for the fourth quarter is calculated below.
Revenue=P*Q
P=price=$25
Q=budgeted quantity=1300 units
Revenue=$25*1300
Revenue=$32500
The value of this revenue that would be collected in the same quarter is 75%*$32500 is $24375 while the balance of $8125 in the first quarter of the succeeding year.
This way cash flow planning in terms of matching capital payments with cash receipt is better enhanced.
Answer:
The economic incentive was to produce enough to meet the output target, without regard for quality or cost.
Explanation:
As the only condition for the payment to the producers is linked with the output thus there is no constraint for the quality and the sales of the product. This indicated that the producer will get the reward irrespective whether the quality or cost of the product is feasible or not.
Answer:
A. elastic.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic when a change in price leads to a change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than one.
Demand is inelastic when a change in price has no effect on quantity demanded.
The absolute value of the coefficient of elasticity for inelastic demand is usually less than 1.
Demand is unitary when a change in price leads to an equal proportional change in quantity demanded.
The absolute value of the coefficient of elasticity for unitary demand is usually equal to one .
I hope my answer helps you.
False
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The major factors that determine investment are interest rates and inflation. The relationship between interest rate and aggregate demand is inversely related. The relationship between inflation and aggregate demand is positvely related.
<h3>What is aggregate demand?</h3>
Aggregate demand is the sum total of all goods and services produced in an economy in a given period.
To learn more about aggregate demand, please check: brainly.com/question/24319248