Answer:
Effect on income= $140 decrease
Explanation:
Giving the following formula:
Production costs:
Direct material= 10
Direct labor= 1.2
Variable overhead= $1.5
Selling price= $12
Number of units= 200
<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs. </u>
Effect on income= Units sold*unitary contribution margin
Effect on income= 200*(12 - 10 - 1.2 - 1.5)
Effect on income= $140 decrease
Answer:
Explanation:
Private Sector enterprises have a goal of making profit and it employs more workers who work long hours. They are run by organisations and are free from Government control. They are usually funded by individual investments.
Public Sector Enterprises are fully owned and controlled by the Government. they are controlled by the government and funded by the government. They enjoy monopoly in operation.
Verna is likely to experience the dissociative fugue. It is a type of disorder that falls under the dissociative area. It is where an individual could experience a type of reversible amnesia of which it targets to forget the person's identity, behavior or memories of which Verna is experiencing above as the symptoms are evident.
The answer is true. In economics, the supposition of ceteris paribus,
a Latin expression that means "with other things the same" is significant
in defining causation. It helps separate numerous independent variables touching
a dependent variable. Causal relationships among financial variables are hard
to separate in the real world, ever since most economic variables are typically
affected by more than one cause, but reproductions often hinge on a supposition
of independent variables.
Answer:
a decrease in price and an increase in quantity.
Explanation:
Complementary good is a good wherein its use has an association with its complement . Goods are said to be complementary when the usage of good X requires more usage of good Y.
Example of complementary good is DVD player and a DVD disc. If there is an increase in price of DVD player, then there would be a decrease in price and quantity demanded for a DVD disc.
It therefore means that complementary goods are goods that are jointly consumed together.