The company should accept the special order because it will get an additional profit of $4,000 ($12,500 - $7,500 - $1,000) for the special order. This additional profit amount can be acquired by separating the effect from the special order on each cost and sales of the company's business. The sales should increase by $12,500 ($5 x 2500 unit) amount if the job is taken and the variable cost should increase by $7,500 ($3 x 2500 unit). Lastly, the fixed cost should increase by $1,000 (the new machine).
ANSWER – FALSE
When a union bargains successfully with employers, resulting
in increment in total compensation, both the quantity of labor supplied and the
quantity of labor demanded doesn’t increase, rather, the quantity of labor
supplied increases and the quantity of labor demanded decreases.
The right answer for the question that is being asked and shown above is that: "A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university." the loan should Jim choose is that he<span> should choose the federal loan since he will not have to pay interest if he attends a public university.</span>
The statement that must be true about the demand for a product if it is inelastic is that, a price increase does not have a significant impact on buying habits. The correct answer would be option B. When the demand is inelastic, this situation means that the demand for a product does not decrease nor increase in corresponds to the rise or fall of its price.
The difference in height between the hill 973 feet above sea level and the crack 79 feet below sea level is:
Difference in height = 973 - (-79)
Which is equal to 1052 feet.
