Answer:
Option (B) is correct.
Explanation:
Given that smartphones are a normal good and income of the individuals increases because of economic boom. We know that there is a direct relationship between the income of an individual and demand for normal goods.
Increase in the income level of the individuals will result in higher demand for smartphones. This will shift the demand curve of smartphones rightwards.
Simultaneously, the wages of sales representatives who work for cell phone companies also increases. This will increase the cost of production for the firms and shifts the supply curve of smartphones leftwards.
Hence, the equilibrium price of smartphones increases but the effect on equilibrium quantity is indeterminate because its effect will be depend upon the magnitude of the shift of supply and demand curve.
Answer:
protection profiles.
Explanation:
Common Criteria can be defined as an international set of guidelines and specifications which are designed and developed for the evaluation of an information security product, in order to ensure that they meet an agreed-upon and specific security standard for general use by the public. It comprises of two (2) key components: Evaluation assurance level and protection profiles.
In the Common Criteria, the common set of functional and assurance requirements for a category of vendor products deployed in a particular type of environment are known as protection profiles.
Answer:
Express, bilateral contract
Explanation:
An express contract is one in which the terms are explicitly spelt out to both parties. These terms are spelt out in its entirety and its usually in an oral form as opposed to the conventional written form. An express contract can be call a special contract.
A bilateral contract is one in which both parties agree to carry out their side of the contract.
In the above question, Maria and Todd had an oral agreement rather than a written one which signifies an express contract. While also both maria and Todd agreed to shovel the snow and pay $25 respectively and both of them help up their end of the contract.
Answer:
$0.1436
Explanation:
Given that,
$3,711 for 1,250 cases bottled
$3,790 for 1,800 cases bottled
Factory utility cost is a mixed cost containing both fixed and variable components.
Variable cost per unit:
= Difference in costs ÷ Difference in units
= ($3,790 - $3,711) ÷ (1,800 - 1,250)
= $79 ÷ 550
= $0.1436
Therefore, the variable factory utility cost per case bottled is closest to $0.1436.
You use money everyday and my answer would be a false
