Answer:
cab fares will be higher.
Explanation:
The supply of cabs would fall as a result of the limit. The fall in supply would lead to a rightward shift of the demand curve for cabs.
As a result, equilibrium price (cab fares) would increase and equilibrium quantity would fall.
subway is a substitute for cabs
Due to the increase in the price of cabs, there would be an increase in the demand for subway. This would lead to a rise in equilibrium price and quantity
Answer:
$302,500
Explanation:
The computation of total amount of product costs is shown below:-
Product cost for 11,000 units = Direct material + Direct labor + Manufacturing overhead cost incurred
= ($7.30 + $3.90 + $2.20 + $14.10) × 11,000
= $27.50 × 11,000
= $302,500
Therefore for computing the total amount of product costs we simply applied the above formula.
It's the letter C. because if she would of ask about the return policy she won't have this problem
"Guns or Butter" referrs to how you make decisions (i believe) guns you know its right or it is butter you are guessing and not sure if it is or not.
Answer: Please see the attached excel file for the un-adjusted trial balance.
Explanation: Trial balance is a worksheet that comprises the balances in the account / ledgers balance in debits and credits form, in such a way that all the amounts total zero. The major checker to the trial balance is to ensure that the total amounts equal zero. If there is a difference, it is an indication of imbalance in the trial balance and calls for investigation.
In this scenario, the accounts have been appropriately classified into debit and credit with columns that comprise the normal balance and the account classification.
<u>Please note that dividends was treated as dividend paid (expense) though it was expected to either be dividend payable or dividend income.</u>
