Answer:
these two events would lead to an increase in equilibrium quantity and have an indeterminate effect on equilibrium price
Explanation:
As a result of the decrease in the price of oranges which is use in the production of orange juice, there would be a rightward shift of the supply curve for orange juice. A a result, the supply of orange juice would increase and price of orange juice would fall
Substitute goods are goods that can be used in place of another good.
The doubling of the price of coke would lead to a decrease in the demand for coke and an increase in the demand for orange juice. This would shift the dead curve for orange juice to the right. As a result, both equilibrium price and quantity increases
these two events would lead to an increase in equilibrium quantity and have an indeterminate effect on equilibrium price
Answer:
$142,524
Explanation:
The computation of the total cost assigned to the ending work in process
inventory is shown below:
As we know that
Total cost = Material + Labor
where,
Material = 21,400 units × 100% × $3.60 = $77,040
And,
Labor = 21,400 units × 60% × $5.10 = 65,484
So, the total cost is $142,524
We simply added material and the labor cost according to their completion percentage and its cost per equivalent units
Answer:
The three brand are famous soft drink brands utilized by individuals. It very well may be somewhat muddled for deciding the favored taste of the buyers. This exploratory plan is flawed as a result of the potential issues engaged with it. The test here is that the members may not give an exact rating. They may rate it the equivalent. There is an issue with this trial as one of the soft drinks going level may affect the rating of the members. As indicated by Malhotra (2010) the most widely recognized strategy utilized for testing is combined correlation. This can be utilized by the members for successful examination.
The perplexing variable in the investigation incorporates the measure of time that went between the tasting of various soft drinks. The temperature of the soft drink additionally indicates the inclination of the members.
The measure of time that has gone since the members had the beverage likewise chooses their inclination level.
I would utilize correlation strategy wherein irregular examining will be picked. The refrigerated soft drinks will be given. A sense of taste chemical will be given after each drink to clean their taste. This will incorporate in excess of five preliminaries for effectiveness.
Answer:
The correct answer is D: $10,329
Explanation:
Giving the following information:
You want to have the equivalent of $700,000 (in terms of today's spending power) when you retire in 30 years. Assume a 3% rate of annual inflation. The interest rate is 10% annual.
First, we need to determine how much is $700,000 in 30 years.
FV= PV*(1+i)^n
FV= 700000*(1.03^30)= $1,699,083.73
Now, we can calculate the annual payment required using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,699,083.73* 0.10)/[(1.10^30)-1]= $10329
