Answer:
d. the law of demand
Explanation:
One of the foundations of current economy, the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.
This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.
Answer:
B. restricted the ability of competitors to engage in cooperative agreements
Explanation:
The Sherman Antitrust Act of 1890 is a US legislation that regulates the level of competition that exists among businesses. It was passed by the Congress when Benjamin Harrison was president. This act is aimed at protecting trade and commerce from illegal restraints and monopolies. It was enacted by the 51st Congress of the United States. This act was introduced by John Sherman in the senate house.
<span>When the dollar appreciates relative to foreign currency means that the exchange rate will favor the dollar and cause a decrease in the the price of imported goods. It also means that travel abroad from the U.S. to the relative countries will increase due to lowered costs.</span>
Answer:
retaliation.
Explanation:
Title VII of hte Civil rights Act of 1964 prohibits discrimination at work based on race, color, ethnic origin, gender, religion, etc. What the company was doing was wrong, and the Equal Employment Opportunity Commission (EEOC) should deal with this issue. But what they did to Hailey for complaining about the company's wrong deeds is twice as bad. The company not only keeps discriminating African American employees but also retaliates against Hailey for demanding something that is correct and legal.
Answer:
The predetermined overhead rate for the recently completed year was $25.33
Explanation:
The formula to compute the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
where,
Total estimated manufacturing overhead = Estimated total fixed manufacturing overhead + estimated variable manufacturing overhead rate × estimated labor hours
= $1,230,440 + $3.12 × 55,400 hours
= $1,230,440 + $172,848
= $1,403,288
Now put these values to the above formula
So, the rate would equal to
= $1,403,288 ÷ 55,400 hours
= $25.33
