Answer:
the ending cash balance is $330,300
Explanation:
The computation of the ending cash balance is shown below:
Ending cash balance = Opening cash balance + Profit
= $270,000 + (9% × $670,000)
= $270,000 + $60,300
= $330,300
We simply added the opening cash balance and the profit so that the ending cash balance could come
Hence, the ending cash balance is $330,300
The party organization is essential because it helps party candidates win elections
Answer:
The correct answers are:
a) A. An economy's price level.
b) A. As the price level rises, firms expand their production because they can sell their output for more money.
Explanation:
On the one hand, in this type of economic model, the aggregate supply and demand represent the economy's price and quantity level regarding the output of the country as a whole. Therefore that in the vertical axis of the diagram the curves measures the price level of the economy and in the horizontal axis the curves measure the output that the economy produces at that given price.
On the other hand, the slope of the aggregate supply is upward because of the same reason as it is in the supply curve, because of the law of the supply, that states that there is a direct relationship between the price of the good an its quantity offered. Thefore that when the price level rises the firms will produce more because they can sell their production at a higher price.
Answer:
<em>D = a*t + b*(T-t) </em>
Explanation:
I<em>n the example given, four variables are to be considered here, </em>
<em> How many dollars he makes per hour , same as how many dollars he makes as a waiter, How many hours he worked both as tutor and a waiter </em>
<em> Let define our variables</em>
<em>let a = the amount of dollars he makes per hour as a tutor
</em>
<em>Let b = the amount of dollars he makes as a waiter
</em>
<em>Let t = number of hours he worked as a tutor
</em>
<em>Let T = the total hours combined he worked both jobs in a month</em>
<em>Therefore, T-t = number of hours left he worked as a waiter. </em>
<em>Then, D = total dollars Frank received this month in which is: D = a*t + b*(T-t) </em>
