Answer:
1. The Total Expenditure curve shifts Upward
2. Falls
3. Increase
Explanation:
Economic equilibrium is a state where economic forces are balanced. Total Expenditure curve shifts upward.
There will be a fall in inventories level
Supply and demand for goods are equal which is equilibrium in the market. Business firms will increase the quantity of goods and services they produce.
Answer:
Future Value = $1,192,287.56
Explanation:
<em>The future value is the expected total sum that an investment is suppose to accumulate together with interest over a period of time at a particular interest rate.</em>
Where compounding is done done monthly, he future value is determined as follows:
FV = PV ×( (1+r)^n -1 )/ r
FV - Future Value , PV - present value r- monthly rate of interest , n- number of months
FV - ?
r- 8%/12 = 0.66%
n - 30× 12 =
PV - 800
FV = 800 × ( (1.00666)^(360) - 1 )/ 00666
= 800 × 1490.359449
= $1,192,287.56
Answer: E.53
Explanation:
From the above information, the formula for due date is given below.
DUE DATE = Expected Completion Time + (Z * Standard Deviation)
A confidence level refers to the percentage of all possible samples that can be expected to contain the true population parameter. It is computed according to a random sample from the population and most times always associated with a certain confidence level that is a probability, usually presented as a percentage. The 90% says that 90% will include the true mean but 10% won't.
A Z-score is referred to as a numerical measurement that is made use of in statistics of a value's relationship to the mean (that is average) of a group of values, measured in terms of standard deviations away from the mean.
Expected time = 40
Confidence interval = 90 = Z VALUE of 1.282
Standard Deviation= 10
DUE DATE = 40 + (1.282 * 10) = 53days
= 40+ 12.82
=52.82
Approximately 53
Therefore,the time in days is 53 days.
Answer:
D.$54,000
Explanation:
A flexible budget is a one which changes or adjusts with change in actual activity. The flexible amount is more reliable than the static amount. The static budget is one which is not adjusted with level of real activity. The machine hours are used as basis of adjustment for flexible budget. The amount of fixed overhead budgeted allocation cost is adjusted based on machine hours according to actual machine hours of 985 hours.
Answer: A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price. The change could be triggered by a shift in income levels, consumer tastes, or a different price being charged for a related product.
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