What are the sequence of traditional law of production
Answer:Long-term investments tie up money for More than one year.
One reason why individuals focus on long-term investments is to save for retirement.
A(n) 401(k) allows both employees and employers to contribute to a retirement plan.
Answer:
the costs that change depending on a company's performance
Explanation:
Variable costs refer to the costs that fluctuate with the level of production. An increase or decrease in the output level results in variable costs moving in the same direction. If the business stops production, the variable costs will be nil.
Raw materials and packaging costs are good examples of variable costs. The more a company produces, the more materials it consumes, and the higher the costs of purchasing the materials.
Answer:
Substitutes
Explanation:
The education services at the two universities are substitutes to each other. The cross price elasticity of substitute goods is positive which indicates that as the price of one good increases then as a result the demand for other good increases and if the price of one good decreases then as a result the demand for other good decreases.
Now, if there is an increase in the tuition fees at University A, hence, this will increase the price of educational services at University A. Therefore, this will lead to an increase in the demand for educational services at University B.
No. of shares outstanding before stock dividend = 634000
Price per share = $46
Stock dividend issued (shares issued) = 634000 x 13%
= 82,420
Value of stocks issued as stock dividend = 82420 x $46 = $3,791,320
No. of shares outstanding after stock dividend = 634,000 +82,420
=716420
Cash dividend = 716420 x 0.60
= 429,852
Total reduction in retained earnings = total value of dividend issued
= $3,791,320 + $429,852
= $4,221,172
