Answer:
Harry loves both hot dogs and hamburgers. He receives about the same satisfaction from eating one hamburger as he does from eating one hot dog, and the two goods fill the same need in Harry's life. The price of hot dogs has been extremely volatile for the past several years, and this year is no exception Hot dog prices decreased tremendously this month Assuming hot dogs and hamburgers are substitutes for Harry, what is the effect on Harry's demand for hamburgers due to the decrease in the price of hot dogs?
There will be a movement down along his demand curve
Explanation:
Reason behind the decrease in demand curve for hamburger would be as a result of decrease in the price of hot dog which would increase the demand since they could be substituted for each other because of their benefits; hence, the demand curve for hamburger would be decreased or mov e down
Answer:
Check the explanation
Explanation:
1. Record the journals as shone, below:
Date Accounts title & explanation Debit (S) Credit(S) 2016 Research and development expense 2,200,000 ` Cash 2,200,000
(To record the expense incurred
on research and development)
2017 Research and development expense 800,000 ` ` Software and development costs 400.000
Cash 1,200,000
(To record the sc&ware
development costs incanted)
kindly check the answer to the second question in the attached image below
Answer:
Explanation:
In Henry's case, as the manager is not going to take into consideration specific techniques of behavior, Henry must put emphasis on <em>practical but long-lasting feedback</em> so based on those guidelines the manager can start taking better decisions for the company to reach its consumers' expectations.
Answer:
option (C) 280%
Explanation:
Number of shares of stock X purchased = 100
Purchasing cost of share = ![\$6\frac{1}{8} =\frac{49}{8}](https://tex.z-dn.net/?f=%5C%246%5Cfrac%7B1%7D%7B8%7D%20%3D%5Cfrac%7B49%7D%7B8%7D)
Selling cost of stocks = $24 per share
Brokerage paid = 2%
Now,
The total purchasing cost involved =
+ 2% of ![100\times\frac{49}{8}](https://tex.z-dn.net/?f=100%5Ctimes%5Cfrac%7B49%7D%7B8%7D)
= 612.5 + 0.02 × 612.5
= $624.75
also,
Total income from sales of stocks
= Total selling cost of shares - brokerage paid
= $24 × 100 - 2% of Total selling cost
= $2400 - ( 0.02 × $2400 )
= $2400 - $48
= $2,352
now,
The investor's percent gain on this investment =
=
=
= 276.47% ≈ 280%
Hence, the correct answer is option (C) 280%
Answer:
Unitary variable cost= $40
Total variable cost= $800,000
Explanation:
Giving the following information:
Direct materials $ 10 per unit
Direct labor $ 20 per unit
Overhead costs for the year Variable overhead $ 10 per unit
Fixed overhead $ 160,000
Units produced 20,000 units
Unitary variable cost= direct material + direct labor + manufacturing overhead= 10 + 20 + 10= $40
Total variable cost= 20000units* 40= $800,000