Answer:
The supply of savings increases.
Explanation:
We know that the supply of loanable funds is dependent upon the amount of deposits in the savings account. Supply curve of loanable funds represents the direct relationship between the quantity supplied and the interest rate. It is a upward sloping curve which indicates that an increase in the interest rate will lead to increase the quantity supply of loanable funds.
There is a change in the supply of loanable funds if there is any change in the savings behavior of the customers. If the savings of the customers increases then as a result the supply of savings also increases.
Answer:
The cost of the batch amounts to $350
Explanation:
Cost of the batch is the expense or cost which is incurred in order to make the product or good in order to earn profit.
The cost of the batch is computed as:
Cost of batch = Direct material + Direct Labor
where
Direct material is $200
Direct Labor is computed as:
Direct labor = Hours × Rate per hour
= 10 × $15
= $150
Putting the values above:
Cost of batch = $200 + $150
Cost of batch = $350
To a macroeconomist savings occurs when a person's income exceeds his consumption while investment occurs when a person or firm purchases new capital such as a house or business equipment.
Answer:
Buy in-store.
Explanation:
The Polya technique suggests the following steps to solve a problem:
Step 1: Understand the problem.
Nathan is facing two options for buying a new sweatshirt. We need to calculate and compare both prices in order to determine the better buy.
Step 2: Devise a plan.
To calculate and compare the prices we need to discount the coupons on both options and then buy the sweatshirt with the lower price.
Step 3: Carry out the plan (solve).
<h2><u>
Option A</u></h2>
Price: $36
Discount: -30%
Final price option A : 36 × ( 1 - 30%) = 25.2
<h2><u>
Option B</u></h2><h2><u>
</u></h2>
Price: $32
Discount: -25%
Final price option B: 32 × ( 1 - 25%) = 24
Step 4: Look back (check and interpret).
Final price option A < Final price option B.
<h2><em>With this analysis in cosideration, we deduce that the better buy is the option A. In-store purchase.</em></h2>
<em></em>
<h2><u>
</u></h2><h2><u>
</u></h2>
