Excess Demand is occurring.
This means that the amount of supply in a market cannot keep up with demand.
Answer:
the decrease in the savings is $600 billion
Explanation:
The computation of the decrease in the savings is shown below;
The difference in the income is
= $11,000 billion - $10,000 billion
= $1,000 billion
Now the decrease in the savings is
= 0.60 × $1,000 billion
= $600 billion
Hence the decrease in the savings is $600 billion
The same is to be considered and relevant
Answer:
C. 12 cases remaining
Explanation:
The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day.
Orders arrive three days from the time they are placed.
Thus, the shop has 3 days of merchandise in transit:
4 cases x 3 days in-transit: 12 cases
When there is 12 cases remaining It should do the order. This will make the order arrive exactly when the inventory drops to zero according to a just in time policy.
Answer:
Accumulated depreciation= $276,000
Explanation:
Giving the following information:
On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.
Depreciable value= 700,000 - 10,000= 690,000
Straight-line depreciation= 690,000/5= $138,000
Accumulated depreciation= 138,000*2= $276,000
Answer:
$1,000,000
Explanation:
As the name suggests, the production-of-final-goods approach refers to the production of goods should be recorded at the final goods and ignored the intermediary goods. Moreover if the workers earned any income so it would not be relevant for this approach
As in the question there are two goods produced i.e raw silver and silver necklaces
So this means that the raw silver produced the silver necklaces i.e represents the intermediate goods which is not relevant here
So in this case the silver necklaces is only considered i.e $1,000,000