Answer:
Nominal rate = 5%
Explanation:
Given:
Require rate = 3%
Inflation rate = 2%
Find:
Nominal rate = ?
Computation:
⇒ Nominal rate = Require rate + Inflation rate
⇒ Nominal rate = 3% + 2%
⇒ Nominal rate = 5%
Therefore, The nominal rate she must charge is 5%
Answer:
Self-management skills allow you to maximize your productivity, improve your workplace performance and efficiently achieve professional goals. Improving your self-management skills can help you increase your employability and better manage your career path.
Explanation:
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Answer:
The amount of factory overhead applied in October is $63,300.
Explanation:
Goods finished + Oct 31 work in progress = direct materials + direct labor + oct 1 balance + factory overhead
360,000 + 21,000 = 96,700 + 201,000 + 20,000 + Factory Overhead
381,000 = 317,700 + Factory overhead
Factory overhead = $63,300
Therefore, The amount of factory overhead applied in October is $63,300.
An inferior good is a type of welfare whose demand decreases when consumer income increases or demand increases when consumer income decreases. Therefore, if a consumer considers shirts to be inferior goods, the way he will stop consuming it will be when there is a real increase in his income.
In the case narrated, Alex had an increase in salary and remained working for the same number of hours. This means that with the same job, he will have a higher income, meaning there was a real increase in Alex's income. If he considers the $ 3 shirts a much lower asset, he will lessen the demand for it.