Answer:
True
Explanation:
This is a true statement. The beef and chicken are substitute goods. The substitute goods are generally have a positive cross price elasticity of demand which states that there is a direct relationship between the price of beef and the demand of chicken.
If the price of beef increases then as a result the demand for chicken increases and if the price of beef decreases then as a result the demand for chicken decreases.
Answer:
c. more off-balance-sheet activities.
Explanation:
Large banks typically have more off-balance-sheet activities and more loans per dollar assets which lead to an increase in average cost.
Larger banks have lower equity capital than smaller banks thereby paying higher interests on their funds.
Larger banks have lesser core deposits than smaller banks. Smaller banks rely more on core deposits with rates not varying as open market rates, whereas large bank depend on wholesale funds that vary with market rates.
Answer:
The answer is talking to a local environmental group for solutions.
Explanation:
This option is the best one for Juanita and Sam to take since they both need someone who have more expertise in this field to help them determine the best solution to the problem that they encounter, which is sea trash. The other options are unsuitable because they do not provide direct impact (such as picketing the guilty factory), unrealistic (lobbying their elected representatives), or have been done (identifying the changes and problem).
To compute for the overhead rate, we must take the proportion of the total indirect cost over the direct labor cost.
Overhead rate = Indirect Cost/ Direct labor cost
Total projected overhead cost = $2900000+ $800000
=$3700000
Overhead rate= $3700000/$80000
Overhead rate = 46.25The overhead rate of the K company is 46.25