Answer:
B) Commodity
Explanation:
A recession is an economic term or period when an economy a decline in economic activities. Is a period where there is low demand for economic goods and services, pile of semi-finished and finished goods, which leads to industries laying off workers ( increased unemployment) and the use deep here emphasize the seriousness, strength, degree of the recession or economic downturn. As a result, people become more likely to accept commodity money in exchange for goods and services, because the fiat money in circulation can no longer stimulate demand, fiat money deficit and the alternative will be for people to exchange the good they have for the one they don't have and that is barter system
Answer:
Because customers have different needs and expectations the key distributive fairness in
resolve the problem quickly.
Answer:
Contribution margin per unit = $85 per cubic yard
Contribution margin ratio = 56.67%
Explanation:
The computations are calculated below:
Contribution margin per unit = Selling price per cubic yard - variable cost cubic yard
= $150 - $65
= $85 per cubic yard
Contribution margin ratio would be
= (Contribution margin per cubic yard) ÷ (Selling price per cubic yard) × 100
= ($85) ÷ ($150) × 100
= 56.67%
And, The statement of contribution margin income for the month of August is shown below:
Sales (240 cubic yards × $150) $36,000
Less: Variable cost (240 cubic yards × $65) ($15,600)
Contribution margin $20,400
Less: Fixed expenses per month ($15,000)
Net income $5,400
Answer:
6.30%
Explanation:
For offering for the investor to prefer them to the corporate bond we need to calculate the after tax return which is shown below
After tax return is
= Before tax return × (1 - tax rate)
= 0.09 × (1 - 0.30)
= 0.063 or 6.30%
As the after tax return is 6.30% the same is to be offered for the investor
Hence, the correct answer is 6.30%
Answer:
Freecia has a comparative advantage in producing memory chips
Explanation:
Comparative advantage occurs when a company has an advantage over the other through the production of certain goods at a cheaper rate.
Looking at the given example , let us assume that the cost of producing a bushel of rice is $10 and memory chips is $10
Warmia produces two bushels of rice at $70 and a memory chip at $70(ratio 2:1) 1/3*70= 23.3
Freecia produces five bushels of rice at $70 and two memory chips at $7
(Ratio 5:2). 2/7*70=14
We can see that the cost of producing memory chips is cheaper fo Freecia
