Answer:
D) none of the statements associated with this question are incorrect.
Explanation:
As the population rises, demand increases and the market demand curve shifts to the right.
As a greater fraction of the population becomes elderly, the fraction of the population needing medical services increases and the demand for medical services will tend to increase. The demand curve shifts to the right.
Changes in the composition of the population affect the demand for a product. For example, if the fraction of the elderly in a population increases, the demand for medical services also increases.
I hope my answer helps you
Answer:
$100 million
Explanation:
Increase in the total value of checkable deposit is determined by the money multiplier
Reserves = required reserves + excess reserves
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Excess reserves is the difference between reserves and required reserves
Money multiplier = amount deposited / reserve requirement
$30 million / 0.2 + 0.1 = $100 million
Answer: True
Explanation: The matching principle is used to compute capitalized costs by companies and it records expenses in the same period as the related revenues by matching the cost of an asset to the time periods in which it is used, and is therefore generating revenue.
Capitalized cost is also given as the present worth of cash flows which go on for an infinite period of time. In other words, the worth of cash flows does not leave the company when items are purchased. This is because the monetary value is retained in the form of a fixed or intangible asset.
The capitalized cost of any investment can be determined using the equation, P = A/i. Where P is the capitalized cost, A is the annual amount and i is the interest rate.
Answer:
Variable cost per unit= $2.28
Explanation:
Giving the following information:
January 940 $ 5,490
February 1,840 $ 6,980
March 2,480 $ 8,100
April 640 $ 3,900
<u>To calculate the variable cost per machine hour under the high-low method, we need to use the following formula:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (8,100 - 3,900) / (2,480 - 640)
Variable cost per unit= $2.28
