Answer: The correct answer is <u>".B. There is no beginning inventory.".</u>
Explanation:
The weighted average method produces the same cost of manufactured goods as the FIFO method (First in First out) when there is no beginning inventory because there are no units at the beginning that drag the cost.
If college graduates typically earn more money than high school graduates, this would indicate that their level of education and income are positively correlated.
<h3>What is Graduation?</h3>
- Scale is the awarding of a parchment to a pupil by an educational institution.
- It may also relate to the form that's associated with it.
- The date of the scale form is frequently called scale day.
- The scale form is also occasionally called inception, convocation or incantation.
<h3>When a person is called a graduate?</h3>
- As a noun, the word graduate refers to “ a person who has entered a degree or parchment on completing a course of study. ”
- In other words, a graduate is someone who has completed a particular position of training or an educational program — a child who just finished kindergarten and a croaker who just completed.
Learn more about graduate here:
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Answer:
The correct answer is: 70%.
Explanation:
According to the information in the case:
- Price elasticity of supply: 0.3
- Price elasticity of demand: 0.7
The percentage of the tax burden on the supplier is calculated in the following way:
Therefore, <em>the tax burden on the supplier is 70%.</em>
Answer:
The firm will not sell any bundle, the amount of bundle to be sold will be zero.
Explanation
Solution
Since firm sells at $25 each for coats and pants, then If consumer wants to purchase both Pant and Coat, the customer will have to pay 25 + 25 = $50.
Also, If consumer purchase Pant and Coat as a Bundle then, he will pay 150. From the question stated we can conclude that their is a form of interest to pay for Pant and Coat for Both consumers are higher than 25.
However, they will have to pay an amount less for 1 coat and 1 pant if they buy this in a separate way instead of a Bundle.
We can say, that type of consumers (both) will not buy the pants and coat as a bundle, but will want to buy them separately.
Therefore, any bundle will not be sold by firm. the amount of Bundle sold will be known as a zero Bundle