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3 years ago

V. Wheat is the main input in the production of flour. If the price of wheat decreases, then we would expect:

Business

1 answer:

Murrr4er [49]3 years ago

6 0

Answer:

3. Supply of flour to increase.

Explanation:

The situation above is showing a direct proportional relationship between the "wheat," as a main ingredient of flour, and the flour itself.

If the price of wheat decreases, suppliers will be interested in buying more of it in order to produce more quantities of flour at a lower cost because it will more likely lead to a higher profit. This will, therefore, increase the supply of flour in the market.

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tomsm's Investment account at his bank has compounding Interest. He Isn't sure if this is a positive thing for his investment. W

Margarita [4]

Answer: Keep your account open and you will earn more on Interest you've already earned

Explanation:

Since Tom's investment account at his bank has a compounding interest, the best advice that'll be offered to Tom is to keep the account open and he will earn more on Interest than what he has already earned.

It should be noted that compound interest makes ones money grow faster. The reason for this is due to the fact that the interest is calculated based on the accumulated interest that the individual has earned over time and the original principal.

Therefore, it isn't advisable for Tom to withdraw his money or ask the bank to compound the interest less frequently but rather, he should keep the account open as he'll earn more interest.

5 0

3 years ago

The natural rate of unemployment is 4%, and the economy is producing 95% of its potential output. Okun's law predicts an unemplo

Anon25 [30]

Answer:

so correct option is C. 6.5

Explanation:

given data

natural rate of unemployment = 4%

economy producing = 95%

solution

we know here as Okun's law for the every 1 percentage increase in unemployment rate

GDP of country = 2% lower than potential GDP

but here is country GDP = 5% lower than potential GDP

so there is increase in the unemployment rate = 5% ÷ 2 = 2.5%

and unemployment rate is given = 4%

so effective unemployment rate will be

effective unemployment rate = 4% + 2.5%

effective unemployment rate = 6.5%

so correct option is C. 6.5

6 0

3 years ago

Biltz Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. During

strojnjashka [21]

Answer:

Underapplied overhead= $109,500

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 525,000 / 150,000

Predetermined manufacturing overhead rate= $3.5 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 3.5*135,000

Allocated MOH= $472,500

Finally, the under/over applied overhead:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 582,000 - 472,500

Underapplied overhead= $109,500

8 0

3 years ago

Nation A has expansive manufacturing capabilities, and, therefore, its economy focuses on selling goods to other countries. Coun

taurus [48]

Answer:

The international monetary fund.

Explanation:

The international monetary fund is made up of 189 countries around the world that foster global monetary cooperation, promote high employment, secure financial stability, facilities international trade, and reduce poverty. It periodically depends on the World Bank for funding.

Countries that are having problems with balance of payment can borrow money from IMF pool of resources.

In this scenario country B is unable to pay for goods bought from country A till it makes export. There is a problem of balance of trade. The IMF can help country B make the payment by borrowing it funds.

8 0

3 years ago

Read 2 more answers

The following transactions were completed by The Irvine Company during the current fiscal year ended December 31: Feb. 8 Receive

nirvana33 [79]

Answer:

See every requirement in details bellow

Explanation:

6 0

3 years ago