Answer:
She buys it from the "Neighboring city". The further explanation is given below.
Explanation:
The cost of opportunity while shopping from Local dept. store:
=
=
=
=
The cost of opportunity while shopping from across town:
=
=
=
=
The cost of opportunity while shopping from neighboring class:
=
=
=
=
Now,
<u>Store Opp. Cost Price Total cost</u>
Local dept. store 16 103 119
Across town 24 89 109
Neigh. city 40 63 103
Therefore, a Neighboring city would be the right answer.
Answer:When countries trade, their consumers have access to raw goods at cheaper prices, workers will produce better goods for export, and countries will become Richer..
Answer:
The answer is: B) equals the quantity supplied.
Explanation:
For all products and services; the equilibrium price is always the price where the quantity supplied of a product or service (in this case apartments offered for rent) is equal to the quantity demanded of that product or service (in this case apartments demanded for rent).
Answer:
a. $6 per direct labor hour
Explanation:
Predetermined overhead rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is applied. It is a rate at which the overhead is applied to a product / project/ department.
Predetermined overhead rate = Expected overhead / Expected activity
Predetermined overhead rate = Expected overhead / Expected direct labor hours
Predetermined overhead rate = $480,000 / 80,000
Predetermined overhead rate = $6 per direct labor hour