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Svetradugi [14.3K]
3 years ago
8

Werner Brothers, Inc., used the high-low method to derive its cost formula for electrical power cost. According to the cost form

ula, the variable cost per unit of activity is $2 per machine-hour. Total electrical power cost at the high level of activity was $9,400 and at the low level of activity was $9,000. If the high level of activity was 2,200 machine hours, then the low level of activity was:
A. 1,800 machine hours

B. 1,900 machine hours

C. 2,000 machine hours

D.1,700 machine hours
Business
1 answer:
pantera1 [17]3 years ago
5 0

Answer:

C) 2,000 machine hours

Explanation:

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If the reserve ratio increased from 5 percent to 10 percent, then the money multiplier would a. ​rise from 5 to 10. b. ​fall fro
dezoksy [38]

Answer:

c. ​fall from 20 to 10.

Explanation:

The formula for the money multiplier is 1/reserve ratio,this means that the lower the reserve ratio the higher the multiplier, the reason for this is when the reserve ratio is lower banks can loan out a higher proportion of money therefore more money is created thus the multiplier and reserve ratio have an inverse relationship.

when the reserve ratio is 5% the multiplier is 1/0.05=20

When the reserve ratio is changed to 10% the multiplier is 1/0.1= 10

So the multiplier changes from 20 to 10.

4 0
4 years ago
The effect of an increase in the price level on the aggregate-demand curve is represented by a a. shift to the right of the aggr
Lunna [17]

Answer:

C. Movement to the left along a given aggregate demand curve

Explanation:

Demand is the quantity of a good or service consumers are willing to buy at a given price over a given period of time. Price and demand tend to have a negative relationship. As price of a product increases, demand decreases as it is now more expensive and less affordable. On the other hand, when price decreases, demand increases as it is now cheaper than before.

To answer the question, as the price of a product increases, the quantity demanded falls, hence causing the leftward movement along the demand curve. A fall in price on the other hand, will cause a rightward movement along the demand curve.

Any other factor other than price such as a change in population, availability of substitutes and price of complementary products can cause a shift in the demand curve. If the factor is favorable, it causes a right-hand shift and if it is unfavorable, it causes a left-hand shift.

3 0
4 years ago
Without authorization, Brady uses the trademark of Ciera Coffee Company to promote cheap, flavorless candy, which is not similar
Tresset [83]

Answer:

d. trademark dilution.

Explanation:

-Cybersquatting. is when someone registers a domain with the name of an organization or brand to sell it for a higher price.

-Typosquatting is when someone creates a website with a similar name of a well-known site so people will go to their website when they make a mistake writing the address.

-Trademark infringement is when someone uses a trademark on a similar product without permission from the owner and this can cause confusion to the customers.

-Trademark dilution is a concept that allows the owner to forbid someone from using their brand on a similar product if it can negatively affect the perception people have.

According to this, the answer is trademark dilution because Brady's use of the trademark have a negative impact on the perception people have about the brand.

4 0
4 years ago
Kieso Company borrowed $760,000 for six months. The annual interest rate on the loan was 9%. Kieso's fiscal year ends on Decembe
Liula [17]

Answer:

1.The interest expense Kieso reported at the end of its last fiscal year: $5,700

2. The interest expense Kieso reported at the end of its curent fiscal year: $28,500

Explanation:

The interest amount Kieso Company had to pay for the loan:

($760,000 x 9%)/12 x 6 = $34,200

In Kieso's fiscal year ends on December 31, the company had borrowed the $760,000 for one month. Following the Accrual basis, Kieso would report at the end of its last fiscal year the interest expense for 1 month:

$34,200/6 = $5,700

At the end of its current fiscal year, the company would report the interest expense for remainder months (5 months):

$34,200/6 x 5 = $28,500

3 0
3 years ago
The total value of the goods exported by Maulini, a South American country, in the last fiscal year was lower in comparison to t
timofeeve [1]

Answer: Trade deficit

Explanation: In simple words, trade deficit is the excess of a country's imports over its exports. The excess of imports means the country has done expenditure more than it has made revenue. This is seen as a negative sign for an economy. The trade deficit is usually calculated for one financial year.

Hence, from the above we can conclude that the answer to the given problem is trade deficit.

8 0
4 years ago
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