Answer:
$7.90 per unit
Explanation:
The computation of the minimum price on these defective units is shown below:
It is equivalent to the selling & admin variable cost per unit i.e. $7.90 per unit
oAs all the other cost would be considered as a sunk cost because the product is already generated and the fixed cost is not considered as it would remain the same whether the production is increase or not
Therefore the second option is correct
A consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.
<h3>What is consumer life style?</h3>
This refers to characteristics consumer possess, which is a reflection of certain behaviour. The lifestyle patterns provide broader views about the consumers.
The components of consumer life style are :
- Activities
- Interests
- Opinions
Therefore, a consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.
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When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is <u>low </u>so the quantity of money demanded will be <u>high</u>.
If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.
As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.
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Murrow had become a big superstar from his WWII reporting, so he was a big ratings asset for CBS. In reserve to See it Now, he also did a celebrity interview show called Person to Person. Both performances got high ratings by today's criteria, but Person to Someone was more popular.
<h3>How did Edward R Murrow end his broadcast?</h3>
The blitz gave Murrow the signature phrases that he used to open and close his broadcasts. He started by saying “This is London.” He completed his reports with “Goodnight and good luck.” That was a phrase Londoners used to end their discussions when they were not sure they'd be able to see each other the next day.
<h3>Who was Edward R. Murrow ?</h3>
Edward Roscoe Murrow was an American broadcast correspondent and war correspondent. He first attained prominence during World War II with a series of live radio broadcasts from Europe for the news section of CBS.
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Answer:
Supply
Explanation:
Supply is the economic term that describes the amount of a product that firms as willing to sell at different price levels. The price of the product plays a major role in determining the quantity of supply. As per the law of supply, the higher the price, the higher the quantity firms will be willing to supply.
Although the price affects supply, several other such as the price of related goods, cost of inputs, production technology, and government factors influence supply. Supply can be associated with a specific price, or all possible prices, as illustrated in a supply curve.
