Answer:
Falls by $100,000
Explanation:
In this question, we are asked to calculate and state what happens when demand for land falls and as a result, there is also a fall in rental rate.
Firstly, we cost the total of 1000 acres. The price of 1000 acres is simply the multiplication of the 1000 acres by the $500 unit price= 500 * 1,000 = $500,000
We now calculate the price or worth of the land when demand falls
This is mathematically equal to 400 * 1000 = $400,000
Now, the net economic rent fall would be $500,00 - $400,000 = $100,000
Hence, there would be a fall of $100,000 as the demand for land falls
Answer:
increases as the price falls
Explanation:
A. increases as the price rises
B .at $8.00 a DVD is 8 DVDs a month
C. at $6 a DVD is less than the quantity demanded at $8.00 a DVD
D. increases as the price falls
E .at $6.00 a DVD is 4 DVDs a month
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
As price decreases, quantity demanded increases
Answer:
B
Explanation:
children are more bored than ever so parents buy them puzzles so they stay busing doing something instead of saying they are bored to their parents every 3 seconds.
Answer: $317,400
Explanation: The first step is to calculate the sales value
Sales = Unit sold × Price per unit
11500 × $77.00 = $885,500
calculation Total variable cost
i. Variable production cost = Units × variable production cost per unit
11500 × $39.70 = $456,550
ii. Variable selling and administrative cost = unit × variable selling and administrative cost per unit
11500 × $9.70 = $111,550
Total variable cost = Variable production cost + variable selling and administrative cost
Total variable cost = $456,550 + $111,550
= $568,100
Calculation of contribution margin
Contribution margin = Sales - total variable cost
= $885,500- $568,100
= $317,400
Based on the given scenario above regarding Wang's Techno toys which was successfully run by Ann Wang, the method of import or export financing that the Techno Toys' bank used if it functions as an intermediary without considering any financial risk is called the DOCUMENTARY COLLECTION.
