Answer:
Under a) r=0.1;Id=50;Cd=750;P=7 b) P only changes and is now 9.33
Explanation:
a) In a closed economy national savings are equal to investments or:
S d = I d = Y - Cd - G
Id = Y - 100 - 0.8*Y + 500*r - 0.5*G
100 - 500*r = 0.2*Y -100 + 500*r -0.5*G
200 - 1000*r = 0.2*1000 - 0.5*200=100
-1000*r=-100
r= 0.1
i = 0.15
Id = 100 -50 =50
Cd= 100 + 800 - 50 - 100=750
P = Md/Y-2000 i
P= 2100/1000 -300=7
b) If money supply increases to 2800, the price level would be:
P = 2800/Y - 2000*i = 2800/Y- 2000*(i-inflation)
However, since the variables determining real interest rate remained the same, r is also the same or 0.1 and i is 0.15. Consumption and investment remain the same, only price level changes or:
P=9.33
<h2><u>Answer:</u></h2>
Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.
After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:
The organization utilizes the weighted-normal strategy. Required: 1. Figure the proportional units of creation. 2. Register the expenses per proportional unit for May. 3. Decide the expense of completion work in procedure stock and of the units exchanged to the Coating Department. 4. Set up a cost compromise between the costs decided in (3) above and the expense of starting stock and expenses included amid the period.
"C is correct answer." Gloria's flower shop is an example of a proprietorship. "Hope it helped you!" "Have a great day!" "Thank you so much!"
Answer:
Current assets:
Amount = 2014 value - 2013 value
= $203,600 - $254,000
= -($50,400) (Negative)
percentage changes = 
= 
= (19.84)%
Plant assets:
Amount = 2014 value - 2013 value
= $1,397,000 - $831,700
= $565,300
percentage changes =
= 
= 67.96%
Total assets:
Amount = 2014 value - 2013 value
= $1,600,600 - $1,085,700
= $514,900
percentage changes =
= 
= 47.42%
Answer:
The price of trucking services would fall until equilibrium prices are reached. Only normal profit would be earned in the long run
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
