Answer:
negative relation between the real interest rate and investment.
Explanation:
Loanable funds can be defined as the total income that are being saved and lend out, other than personal use or as consumption.
Also, it's the total amount investors chooses to borrow to fund their projects.
The slope of the demand for loanable funds curve represents the negative relation between the real interest rate and investment.
This slope of the demand for loanable funds usually slopes downward.
The equilibrium interest rate and quantity of loanable funds falls, when the demand for loanable funds shifts to the left.
Answer:
Profit : $297,000
Explanation:
Revenue is the earnings generated by a business by selling products and services. Expenses are the cost incurred in the process of generating revenue for the business.
A business will make profits if revenue exceeds expenses.
In this case, the revenue ($895,000) exceeds expenses($598,000). Therefore, the business will make a profit.
The profit will be revenue minus expenses
=$895,000 -$598,000
=$297,000
Answer:
$62,600
Explanation:
Net operating income under variable costing = $63,800
Fixed manufacturing overhead cost deferred in inventory = (300 units multiplied by $4) =$1,200
the absorption costing net operating income last year= $63,800 - $1,200 = $62,600
Answer:
The determinants of demand are:
Income
Price of related goods
A good's own price
Tastes and preferences
Number of consumers
Explanation:
The following are the determinants of demand:
1. Income - Income is a very important determinant of determine. Other things remaining equal, am increase in income will lead to an increase in demand.
2. Price of related goods - price lf related goods like substitute goods or complementary goods affect the demand of a product
3. A good's own price - This is very important too. The higher the price, the lower the quantity demanded and vice-versa
4. Tastes and preferences - Consumers might change taste and preference any time. Demand shifts to the right if customers like a product.
5. Number of consumers - Number of consumers affect demand. Goods are consumed more where the population is higher.
Traditional AISs generate unstructured data as part of processing transactions and business events.
