Answer:
e. It would decrease by S100,000.
Explanation:
Options are <em>"a. It would increase by $100,000 multiplied by the reciprocal of the required reserve ratio. b. It would decrease by $100,000 multiplied by the reciprocal of the required reserve ratio. c. There would be no change to the money supply. d. It would increase by $100,000. e. It would decrease by $100,000."</em>
An individual paid cash in exchange of bond to bank and bank has that cash in its vault. Now, the bank sells securities worth $100,000 to that individual. In this case, the cash at bank will decrease by the amount of securities, that is $100,000 and the money supply also reduce by the same amount of $100,000.
Answer:
(i) $50 and $50.03
(ii) $70
(iii) No
Explanation:
The computations are shown below:
(i). The company average cost would be
= Total cost ÷ number of graphing calculators produced
For 700 graphing calculators
= $35,000 ÷ 700
= $50
For 701 graphing calculators
= $35,070 ÷ 701
= $50.03
(ii) The marginal cost would be
= Total cost at 701st calculator - Total cost at 700th calculator
= $35,070 - $35,000
= $70
(iii) Since we see that the company has a marginal cost of $70 and paying price or marginal revenue is $60 so it will be a loss of $10 in case of sale. So, the company should not produce it.
Answer: Option (d) is correct.
Explanation:
The predetermined overhead is largely based on the estimations rather than actual costs. It is determined by dividing the total estimated factory overhead cost by the total number of estimated machine hours. It gives a way to the firms for measuring their factory overhead costs that are going high or low for a specific production run.
Answer:
Probably Bad.
Explanation:
It would be very hard to do..pretty much anything without the internet. I cant search up anything that might help me with something.
