A mask...This California Fire has affected are air quality so much
Answer:
A. The definition of a market in determining the price elasticity of demand.
Explanation:
Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.
Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.
Alternatively, consumers would demand for the brand that falls within the limit of their spending.
The correct answer is $65.00
Opportunity Cost alludes to an advantage that a man could have gotten, yet offered up, to make another decision. This cost is, in this way, most important for two fundamentally unrelated occasions. In contributing, it is the distinction consequently between a picked speculation and one that is essentially left behind.
Answer:
Volume overhead $ 540 unfavorable
Explanation:
<em>The volume overhead is the difference between the budgeted units and actual units multiplied by the cost unit</em>
Fixed over cost per unit =budgeted cost/Budgeted unit
= $27,000/1000 units
= $27
Volume variance
Units
Budgeted unit 1000
Actual unit <u>980</u>
<u>Difference </u> 20 unfavorable
Standard fixed overhead per unit <u> × $27</u>
Volume overhead <u> 540 unfavorable</u>
Answer:
a. $3,000 to have the vehicle restored
Explanation:
The computation of the financially better off amount is shown below:
= Sale value of the car after restored - restoration cost - sale value without any restoration cost
= $22,000 - $9,000 - $10,000
= $3,000
We simply deduct the restoration cost and the sales value without considering the restoration cost in the restoration sales value
All other information which is given is not relevant. Hence, ignored it
