Answer:
$1.75 and $4,500
Explanation:
The computation of the fixed cost and the variable cost per unit by using high low method is shown below:
Variable cost per unit = (High total cost - low total cost) ÷ (High unit produced - low unit produced)
= ($74,500 - $36,000) ÷ (40,000 units - 18,000 units )
= $38,500 ÷ 22,000 units
= $1.75 per unit
Now the fixed cost equal to
= High total cost - (High units produced × Variable cost per unit)
= $74,500 - (40,000 units × $1.75)
= $74,500 - $70,000
= $4,500
We simply applied the above formulas
Answer:
The higher discount rate lower the banks incentive to borrow from the Fed, lowering the quantity of reserves, and causing the money supply to fall.
This is because a higher discount rate makes borrowing from the Fed more expensive. Some of the money that would have been borrowed from the fed becomes bank reserves, and some other becomes loanable funds that increase the money supply. As a result, if banks borrow less from the fed, the money supply falls (or grow less).
The Fed Funds rate is the rate that banks charge one another for short-term overnight loans.
This occurs when banks are stripped of cash, and rely on other banks to meet their cash requirements for the day.
When the Fed buys government bonds, the reserves in the banking system increases, the banks demand for the reserves decreases, and the federal funds rate falls.
When the Fed buys government bonds, it is essentially creating money. This money enters the banking system in the form of reserves, of which some are loaned out, creating even money. Demand for the borrowed reserves falls because banks now need less of it, and as a result, their price: the federal funds rate, also falls.
Explanation:
Answer:
will smith
Explanation: will smith duhh
Answer:
Correct answer is b, there is no breach contract
Explanation:
There is no breach contract happened because what Friendly did is just a mere advertisement published in a news paper. What happened is that, Friendly notify the customers that they will be having a clearance sale for all the floor items that they had. Mere advertisement is not yet in the stage of contract to sell and the advertiser is not bound for any liability in case the product is not available at the time the customer decided to buy the product.