Answer:
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The answer is B. the cost of producing the second good or service increases.
Answer:
The correct answer is letter "B": The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase, and the parties must file a form with the secretary of the state.
Explanation:
A Limited Liability Partnership or LLP is the type of business structure where partners are only liable for what they contribute to the firm. This implies if the firm goes into bankruptcy, the personal assets of the partners are not subject to liability. Under this type of partnership, the business name must include at least its abbreviation (LLP) and when setting up the firm, a letter to the secretary of state must be addressed informing about the creation of the new entity and its core purposes.
Answer:
The lowest price that Division East will accept for the component is:
$1.48 per unit.
Explanation:
a) Data:
Variable product cost = $1.48
Full cost = $2.01 (Variable + Fixed costs)
Market price = $4.94
b) The variable product cost of $1.48 is the direct cost for producing the component, which includes the direct materials, direct labor, and direct overhead. The full cost of $2.01 includes other fixed costs (indirect materials, indirect labor, and indirect overhead), which cannot be directly traced to the component. The market price is the selling price, which includes the full cost and the profit margin (markup) which is added as compensation for the manufacturing effort.
If the fed credits alex's checking account with $8,000 and alex's bank decides to keep the entire $8,000 in the form of reserves instead of lending it out $8,000 will be the money supply increase
In economics, supply is referred to as the total quantity of a particular good or service that a supplier makes available to customers at a particular time and price. Usually, market activity determines it. For instance, increased demand might prompt a provider to boost supply.
In terms of economics, supply refers to the quantity of items that a person or firm offers to the market, which is equivalent to the total amount that they produce at one particular time. For instance, if Apple produces 100 iPhones, then this is the quantity that is sold.
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