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kondor19780726 [428]
3 years ago
12

At every point on a demand curve, the height of the demand curve indicates: A. the minimum price the consumer is willing to pay

for the good. B. the marginal rate of substitution. C. the total benefit of the good to the consumer. D. the consumer's utility level.
Business
1 answer:
Law Incorporation [45]3 years ago
5 0

Answer:D

Explanation:

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Daba Company manufactures two products, Product F and Product G. The company expects to produce and sell 1,630 units of Product
Harrizon [31]

Answer:

Explanation:

Activity cost pool:

  • Machine setups

Cost = $37,290

Total activity for both products = 339

Overhead rate = $37,290/339 = $110

  • Purchase orders

Cost = $165,240

Total activity for both products = 2040

Overhead rate = $165,240/2040 = $81

  • General factory

Cost = $123,690

Total activity for both products = 6510

Overhead rate = $123,690/6510= $19

Product F total overhead cost:

Machine setups = $110*144 = $15,840

Purchase orders = $81*890 = $72,090

General factory = $19* 2,440 = $46,360

Total = $134,290

Product G total overhead cost:

Machine setups = $110*195= $21,450

Purchase orders = $81*1150= $93,150

General factory = $19* 4070= $77,330

Total = $191,930

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4 years ago
Last winter, a guest at a nearby motel fell through the ice and was not rescued in time. The motel’s name was included in news c
kaheart [24]
They should sell the info and make that cash cash money
3 0
4 years ago
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item 2 if, in the market for money, the quantity of money demanded exceeds the money supply, the interest rate will
Oksanka [162]

The market for money, the quantity of money demanded exceeds the money supply, the interest rate will It will rise, and households and businesses will have less money.

When demand exceeds supply, people sell assets such as bonds for money. This increases the supply of bonds, lowering bond prices and increasing market interest rates.

When money demand increases, the money demand curve shifts to the right and nominal interest rates rise. Conversely, when the demand for money decreases, the demand curve for money shifts to the left and interest rates fall.

To understand why interest rates are falling, remember that people who want to hold less money want to hold more bonds. Panel (b) therefore shows an increase in demand for bonds. High bond prices mean low interest rates. When interest rates fall, financial markets are rebalanced.

Learn more about demand exceeds brainly.com/question/29311439

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5 0
1 year ago
When we discuss _____ approaches, we are talking about how organizational decision makers actually approach ethical issues. a. O
Soloha48 [4]

Answer:

The correct answer is letter "E": Normative.

Explanation:

Normative Economics incorporates <em>subjectivity </em>and <em>value judgments</em> focusing on what "<em>should be</em>". It is usually implemented at the governmental level. Normative Economics leaves the door open for future changes, eliminates absolute statements and provides an avenue for analysis of different economic scenarios.

5 0
4 years ago
Suppose that the equilibrium wage for teachers in Michigan is $15/hour. Also suppose that Michigan raises its minimum wage to $1
Iteru [2.4K]

Answer:

a. Lower b. Decrease c. Surplus

Explanation:

The equilibrium wage rate is $15.

The minimum wage is fixed at $16.

a. The equilibrium wage is lower than minimum wage.

b. The higher minimum wage will lead to reduction in the number of teachers employed as the cost of hiring goes up.

c. There will be a surplus in the number of teachers, as with increased wages, the supply of teachers will be higher than demand.

4 0
4 years ago
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