1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolbaska11 [484]
3 years ago
9

A rise in the interest rate increases the opportunity cost of consuming today. increases the opportunity cost of consuming in th

e future. decreases the opportunity cost of consuming today. decreases the opportunity cost of consuming in the future.
Business
1 answer:
ExtremeBDS [4]3 years ago
3 0

Answer:

increases the opportunity cost of consuming today

Explanation:

Consumption today is inversely related to interest rate.

If interest rate rises, consumption falls and if interest rate falls, consumption increases.

If interest rate is higher, the amount that can be earned on savings increases and this increases the incentives to save more now and consume less today.

You might be interested in
What is a regular savings account traditionally called?
Sphinxa [80]
A savings account is a savings account
4 0
3 years ago
Suppose that the quantity of DVD players sold increased from 200 to 400 when the price fell from $225 to $175. Over this price r
Nataly_w [17]

Answer:

Option D.

Explanation:

Given information:

Q_1=200, Q_2=400

P_1=225, P_2=175

Formula for price elasticity of demand is

E_d=\frac{Q_2-Q_1}{P_2-P_1}\times \frac{P_1+P_2}{Q_1+Q_2}

Substitute the given values in the above formula.

E_d=\frac{400-200}{175-225}\times \frac{225+175}{200+400}

E_d=\frac{200}{-50}\times \frac{400}{600}

E_d=-\frac{8}{3}

E_d\approx -2.67

Absolute value is

|E_d|= |-2.67|=2.67

The absolute value of the price elasticity of demand for DVD players is 2.67.

Therefore, the correct option is D.

6 0
3 years ago
"Consider the following data: Cost of goods sold $70 Direct labor $20 Direct materials used $15 Cost of goods manufactured $80 W
vovikov84 [41]

Answer:

Schedule of cost of goods manufactured & Sold

Particulars                                   Amount

Direct materials used              $15

Direct labor                                 $20

Factory overhead Applied         <u>$30</u>

(150% of DL Cost)

Total manufacturing costs          $65

Add: Beginning WIP                    <u>$25</u>

Total cost of work in process     $90

Less: Ending WIP                         <u>$10</u>

Cost of goods manufactured    <u>$80</u>

Particulars                                                  Amount

Cost of goods manufactured                       $80

Add: Beginning finished goods inventory   <u>$5</u>

Cost of goods available for sale                 $85

Less: Ending finished goods inventory        <u>$15</u>

Cost of goods sold                                        <u>$70</u>

<u />

3 0
3 years ago
When herbert took a new position at galbrook manufacturing company, the firm was near insolvency. one of herbert’s first acts wa
Anon25 [30]
<span>The answer for the above question is managerial. When Herbert took a new position at Galbrook Manufacturing Company, the firm was near insolvency. One of Herbert's first acts was to establish specific goals for sales growth and a strategy for achieving them. He also changed the organizational structure and developed an elaborate control system for keeping the company on track. Herbert is functioning in a(n) managerial position at Galbrook Manufacturing.</span>
3 0
3 years ago
Which of these is the result of a government-regulated natural monopoly?
mezya [45]
I believe it would be C.) multiple installations of gas, water, and electric lines
5 0
3 years ago
Read 2 more answers
Other questions:
  • On April 1, Otisco, Inc. paid Garcia Publishing Company $1,548 for 36-month subscriptions to several different magazines. Otisco
    5·1 answer
  • Which of the following is an example of a capital resource
    6·1 answer
  • Lucy told jim her house is for sale for $252,000. jim told lucy he is very interested but wanted his wife to see it first. that
    9·1 answer
  • On January 1 of the current year, the Barton Corporation issued 8% bonds with a face value of $73,000. The bonds are sold for $7
    9·1 answer
  • Marshall's &amp; Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
    15·1 answer
  • Sam's Dog toys sells a Red toy and a Blue toy. The contribution margin for the Red toy is $5 and for the Blue toy is $10. The ex
    15·1 answer
  • Question 1 (14 points)
    12·1 answer
  • Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the followin
    7·1 answer
  • Many adults owe money from their college loans for years into their professional careers. a newspaper would like to estimate the
    13·1 answer
  • select the correct answer. weight management is one benefit of participating in sports. which sentence is true regarding weight
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!