Answer:
The answer is: b
Explanation:
At equilibrium the quantity of oil supplied is equal to the quantity of oil demanded at the equilibrium price. In summer, two events will occur which will trigger a move from equilibrium.
- A decrease in the supply of oil
Holding all else constant, a leftward shift in the supply curve leads to higher oil prices and lower quantities of oil.
- An increase in the demand for oil
Holding all else constant, a rightward shift in the demand curve leads to higher oil prices and higher quantities of oil.
In both scenarios, the shifts will result in higher oil prices but the change in quantity is ambiguous.
Answer:
The answer is Letter B
Explanation:
It is the use of computers to interactively design products and prepare engineering documentation.
Answer:
Unitary cost= $12
Explanation:
Giving the following information:
direct materials $5
direct labor $4
variable overhead $3
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead) to calculate the product unitary cost.
Unitary cost= 5 + 4 + 3= $12
Based on James's preferences and the conditions offered by the banks, the best checking account for James would be Account A.
<h3>Which account should James pick?</h3>
James would be able to use the ATM as many times as he wants with Account A as they have no ATM fees.
He wouldn't have to pay annual fees, online billing fees, and monthly fees because he is using direct debit. There will also be no overdraft fees as he doesn't overdraft his account. Account A is therefore best.
Find out more on picking the right account at brainly.com/question/17179481.
#SPJ12
Answer:
Option A
Explanation:
In simple words, Bank runs refers to the scenario when a significant amount of individuals begin to make bank withdrawals since they are afraid the organizations will run out of liquidity. Usually a run on the banks is the product of confusion instead of a true bankruptcy.
Bank run caused by panic that drives a bank into real bankruptcy provides a traditional example of a prediction that fulfills itself. The institution does defaults risk, as customers are continuing to withdraw money. So what starts out as fear will ultimately turn into some kind of true fallback situation.
