Answer:
suburban cost = 44052.41
Explanation:
given data
annual inflation rate = 3%
time = 5 year
today's price = $38,000
to find out
suburban cost
solution
we get here suburban cost that is
suburban cost = today's price × 
.................1
put here value and we get
suburban cost = $38,000 × 
suburban cost = 44052.41
Answer: False
Explanation:
When the government subsidies production of a good, it leads to a rise in the supply of the good. The supply curve shifts down to the right leading to a <em>fall in the price level</em>. But the <em>equilibrium quantity increases</em>.
Thus, the given statement is false that if the government decides to subsidize the production of a good, the result would be a decrease in the equilibrium price and a decrease in the equilibrium quantity.
Answer:
Information-Processing Perspective.
Explanation:
Information-Processing Perspective is a view, that states that people calmly and carefully integrate as much information as possible with what they already know about a product, painstakingly weigh the pluses and minuses of each alternative, and arrive at a satisfactory decision.
For example, an organization who is solely out there to make profits and expand their business, would make it uses a financial plan such as a yearly budget and proper allocation of its scarce resources.
Answer:
$123 Unfavorable
Explanation:
Budgeted cost = $2,420 + (33 * $9) = $2,717
Actual cost = $2,840
Variance = Budgeted cost - Actual cost = $2,717 - $2,840 = $123 Unfavorable
Therefore, the activity variance for materials and supplies in August would be closest to <u>$123 Unfavorable</u>.
