Answer:
Demand curve will shift to the right, the prices will increase.
Explanation:
An increase in the income of the consumer of will cause the demand curve of the consumer to shift to the right. This rightward shift in the demand curve will cause the demand curve to intersect the supply curve at a higher point.
As a result, the equilibrium price level and the equilibrium quantity will increase. A decline in the income, on the other hand, will cause both quantity and price to decline because of a leftward shift in the demand curve.
Answer: COUNTERCLAIM
Explanation: Counterclaim is a term mainly used in legal matters,to refer to claim allegedly made by a defendant against the claims of an apellant. The issues concerning Loren and Mabel is a case of Counterclaim.
Counterclaim puts both persons involved in the suit in the same level,as the Court will have to review both claims and determine who is at fault or guilty and the level of Compensation required by either or both of the parties.
Answer:
The <u>gig economy</u> is a flexible market that allows you to work short-term.
Explanation:
The gig economy is a market in which temporary jobs are offered for a specific period of time. This refers to working as a freelancer taking specific activities without a job contract or working exclusively for that organization. According to this, the answer is that the gig economy is a flexible market that allows you to work short-term.
Answer:
Break-even points in units is 33,705.00
Explanation:
Break-even point in units=fixed costs/weighted average selling price-weighted average variable cost
Kayaks 12,600
Motors 23,400
total 36,000
kayaks sales mix=12,600/36,000=0.35
Motors sales mix =23,400/36,000=0.65
weighted average selling price=$120*0.35+$80*0.65
=$42+$52
=$94
weighted average variable cost=$80*0.35+$60*0.65
=$28+$39
=$67
fixed costs is $910,035
break-even points in units=$910,035/($94-$67)
= 33,705.00
The mix of both Kayaks and Motors that would gives no profit no loss is 33,705.00
D) 2.40 is the correct answer to this question
