Answer:
<em><u>Economic Growth</u></em>
Explanation:
<em>Economic Growth</em><em>-</em><em> </em><em>an increase in an economy's production capacity or potential GDP</em><em>.</em><em> </em><em>T</em><em>he </em><em>rate </em><em>of </em><em>economic </em><em>growth</em><em> </em><em>is </em><em>the </em><em>key </em><em>determinant </em><em>of.</em><em> </em><em>changes</em><em> </em><em>in </em><em>a </em><em>society's </em><em>standard</em><em> </em><em>of </em><em>living </em><em>–</em><em> </em><em>which </em><em>a </em><em>commonly</em><em> </em><em>measured </em><em>using </em><em>real</em><em> </em><em>GDP </em><em>per </em><em>Capita</em><em>.</em>
Answer:
Contribution per unit
= Selling price - Variable cost per unit
= $27 -$13
= $14
Contribution margin ratio
= Contribution per unit
selling price
= $14
$27
= 0.518518518
Break-even point in dollars
= $1,400
0.518518518
= $2,700
Explanation:
Break-even point in dollars equals fixed cost divided by contribution margin ratio. Contribution margin ratio is equal to contribution per unit divided by selling price. Contribution per unit is selling price minus variable cost per unit.
Answer:
1.)a
2.)b
3.)c
4.)c
I think this could be the answer
Change in the price of the good results in the movement along the same demand curve.
Factors other than price results in the shift in demand curve.
A rightward shift in demand would increase the quantity demanded at all prices compared to the original demand curve.
While a left shift indicates decrease in demand.
In the given graph , there is a rightward shift of the demand curve from left to the right ( D1 to D2), Thus we can say that there is an increase in demand.
Answer:
The budgeted ending balance of cash for the month of April is $36,000
Explanation:
Ending balance of cash = Cash balance at beginning of April + Expected cash receipt - (Salary paid + Material purchases + Other expenses)
= $16,000 + $272,000 - ($62,000 + $94,000 + $96,000)
= $288,000 - $252,000
= $36,000
Note: Depreciation is non- cash expense so it will not be considered while computing the cash balance at the end of the month.
