UNIT 4-5: DETERMINANTS PRACTICE I Practice with Shifts of Demand & Supply

2022 versa’s available intelligent key eliminates the need to use ________.

MissTica

Answer :

A blade ignition key to start the engine.

Remote keyless entry to lock or unlock the doors

4 0

3 years ago

Perez, in recently completed 56,000 units of a product that was expected to consume four pounds of direct material per finished

rjkz [21]

Answer:

Direct material quantity variance= $34,000 unfavorable

Explanation:

Giving the following information:

Standard direct material pounds per unit= 4 pounds

The standard price of the direct material was $8.50 per pound.

The firm purchased and consumed 228,000 pounds in manufacturing 56,000 units.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (56,000*4 -228,000)*8.5

Direct material quantity variance= (224,000 - 228,000)*8.5

Direct material quantity variance= $34,000 unfavorable

7 0

3 years ago

What will happen to the equilibrium quantity and equilibrium price of potatoes if the income of potato consumers increases (assu

Elodia [21]

Answer:

Equilibrium quantity and price will decrease

Explanation:

Inferior goods are the products or services whose demand increases with an increase in price. An Inferior good contracts a normal product whose demand falls with a rise in price. Should consumer's incomes increase, the demand for inferior products and services will decrease.

If potatoes are inferior goods, an increase in incomes will result in a decrease in their demand. The equilibrium quantity will decrease. If and a new higher-yielding variety of potato plant is developed, it will create competition for the inferior potatoes. With an increase in income, consumers tend to prefer 'perceived' high-quality and more costly products. The new higher-yielding variety will be demanded more, which will result in a decline in prices for the inferior potatoes.

4 0

3 years ago

A student is interested in whether

monitta

I believe that the student who listens to music is just as devoted to its Work and makes you calmer and more relaxed and it does have more of a tendency to make you be focused as in the student who doesn't listen to music may distract him/her so either way it depends on whether they can focus and devote their time to actually working and being progressive

4 0

3 years ago

Stock in Daenerys Industries has a beta of 1.1. The market risk premium is 7 percent, and T-bills are currently yielding 5 perce

Delicious77 [7]

Answer:

The best estimate of the company’s cost of equity is 11.99%.

Explanation:

CAPM based required return = 5% + 1.1*7%

= 12.7%

Dividend model required return

35 = (1.40*1.07)/(r - 0.07)

r - 0.07 = 0.0428

r = 11.28%

The best estimate of the company’s cost of equity is the mean of two = (12.7% + 11.28%)/2

= 11.99%

Therefore, The best estimate of the company’s cost of equity is 11.99%.

7 0

4 years ago