Answer:
Production in third quarter should be budgeted at $<u>245000</u>
Explanation:
10) Production in third quarter = Sales unit+Desired ending inventory-Beginning inventory
= 240000+(260000*25%)-(240000*25%)
Production in third quarter = 245000 Units
so answer is 245000
<span>Call cost per minute = $0.04
Number of minutes talked = 550
Call charges for 550 minutes @ $0.04 = $22
We should add the monthly charge of $6 to this call charges because that too is a part of our call cost. So the total cost would be $22 + 6 = 28.</span>
Answer:
a. They are what households or firms pay for products or resources.
Explanation:
The circular flow model shows how money flows in the society, from producers to workers in the form of wages, and back to the producers as money paid for products thereby providing exchange between the household and the firm.
The household work for firms in exchange for money to pay for goods and services offered by the firm while the firm sell there goods to the household so as to be able to generate profits.
The law of demand illustrates all quantities of goods that consumers are willing and able to buy at every possible price. (third option)
<h3>What is the law of demand?
</h3>
According to the law of demand, the higher the price, the lower the quantity demanded by consumers and the lower the price, the higher the quantity demanded by consumers. There is an inverse relationship between price and quantity demanded
To learn more about the law of demand, please check: brainly.com/question/26546773
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T<span>he opportunity cost for the first extra hour of study is an hour of sleep or an hour of something you should have done in lieu of studying. Since you chose to study, and gave up </span>other<span> things which you could have done, those were your opportunity costs. You are willing to give up those things in order to study.</span>
