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3 years ago

The price of apples falls. what happens in the market for apple pies?

1 answer:

7 0

It depends.
If it is a natural supply demand situation, then the makers of apple pies should lower their prices.

Or

They should make fewer pies because all the apple pie makers are going to choose making apple pies because of reduced costs.

In the market place, you can strive to make a profit, but you should never be greedy.

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A rightward shift of the supply of loans curve would

Minchanka [31]

C. increase in the interest rate

3 0

2 years ago

Micro Tech, Inc. made the following cash expenditures during current-year related to the development of a new technology which w

lilavasa [31]

Answer:

a.$348,000

Explanation:

Research & Development Cost=Materials and supplies+R&D Salaries+Consultant fees+purchase cost of equipment=38,000+120,000+50,000+140,000

=$348,000

3 0

3 years ago

Nor Corporation borrowed money using a discounted note at 94 with a stated 6% interest rate and a face amount of $400,000. What

kolezko [41]

Answer:

the effective rate of interest on the debt is 6.38%

Explanation:

The computation of the effective rate of interest on the debt is shown below:

Effective rate of interest is

= ($400,000 × 6%) ÷ ($400,000 × 0.94)

= $24,000 ÷ $37,600

= 6.38%

Hence, the effective rate of interest on the debt is 6.38%

It could be determined by applying the above formula so that the correct rate could come

8 0

3 years ago

(lavilla) lavilla is a village in the italian alps. given its enormous popularity among swiss, german, austrian, and italian ski

bonufazy [111]

The answer is <u>"120 skiers per day".</u>

On average, 1,200 skiers in the village

On average, skiers stay in lavilla for 10 days

how many new skiers are arriving = ?

Applying Little's Law,

Flow Rate = Inventory / Flow Time

= 1200 skiers / 10 days

= 120 skiers per day

4 0

3 years ago

7. Gold Company has budgeted the following costs for the production of its only product: Direct Materials $75,000 Direct Labor 5

STatiana [176]

Answer:

$68 = unitary variable cost

Explanation:

Giving the following formula:

Gold Company wants a profit of $100,000

Production= 2,500 units

Selling price= $125

Fixed indirect production costs 27,500

Fixed selling and administrative costs 15,000

<u>To calculate the target total unitary variable cost, we need to use the following formula:</u>

number of units sold= (desired profit + fixed costs) / (selling price - unitary variable cost)

2,500= (100,000 + 27,500 + 15,000) / (125 - unitary variable cost)

312,500 - 2,500unitary variable cost = 142,500

170,000 = 2,500unitary variable cost

$68=unitary variable cost

3 0

3 years ago