Answer:
C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result
Explanation:
Price floor is the least amount a good or service can be sold. A price floor is usually set above equilibrium price.
When a price floor is enacted, it usually discourages demand because prices are usually set higher and encourages supply.
As a result, quantity demanded will decrease, quantity supplied will increase, and a surplus will result.
I hope my answer helps you.
A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.
<h3>What is a subsidized loan?</h3>
A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.
Hence, subsidized loan is explained as above.
Learn more about subsidized loans here:
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Answer:
Instructions are listed below
Explanation:
Giving the following information:
The high-low method involves taking the highest level of activity and the lowest level of activity and comparing the total costs at each level.
Mountain has recorded the following for the past nine months:
January:
Number of Cavities= 375
Total cost= $5,300
February:
Number of Cavities 500
TC= 5,850
March
Number of Cavities 350
TC= 5,200
April
Number of Cavities 600
TC=6,250
May
Number of Cavities 325
TC= 5,150
June
Number of Cavities 475
TC= 5,700
July
Number of Cavities 525
TC= 6,100
August
Number of Cavities 575
TC= 6,300
September
Number of Cavities 450
TC= 5,550
A) Variable cost= (Highest activity cost - lowest activity cost) / (Highest activity units - lowest activity units)
Variable cost= (6300 - 5150) / (600 - 325)= 4.18 per unit
Fixed cost= HACost - (variable cost per unit * HAUnits)= 6300 - (4.18*600)= 3792
Fixed cost= LACost - (variable cost per unit* LAUnits)= 5150 - (4.18*325)= 3792
B) Q= 400
Total cost= 3792 + 4.18*400= $5464
Answer:
B. 26,000, 24,000.
Explanation:
Stock Company
Equivalent units
Particulars Units % of Completion Equivalent Units
Mat. Conversion Mat. Conversion
Transferred Out 23000 100 100 23000 23000
<u>Ending WIP 3000 100 331/3% 3000 999.9= 1000</u>
<u>Total Equivalent units 26000 24000</u>
<u />
The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.
Equivalent units for materials 26000
and Equivalent units for conversion are: 24000
:0
yas I will vote him!
lol
wait..no! He will just take our money. My answer is a maybe.
