Answer:
decrease the demand for good A.
Explanation:
Under the cross price elasticity of demand, there are two goods i.e substitute goods and the complementary goods.
The substitute goods shows the positive relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is decreases and vice versa
Whereas, in the case of complimentary goods, it shows a negative relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is increases and vice versa
Answer: No one of the options but <u>Commercial paper</u>
Explanation: Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities. Maturities on commercial paper rarely range longer than 270 days.
Answer:
$660,000
Explanation:
The computation of the equity investment is shown below:
= (Common stock balance) + (Earnings × purchased shares ÷ Total outstanding shares) - (dividend × purchased shares ÷ Total outstanding shares)
= ($600,000) + ($400,000 × 200 shares ÷ 1,000 shares) - ($1,00,000 × 200 shares ÷ 1,000 shares)
= $600,000 + $8,0000 - $20,000
=$660,000
Answer:
marginal cost equals the price
Answer:
Total Unit cost 430 $/Unit
Explanation:
ALCULATE UNIT COST :
AMOUNT
Beginning work in process 500
Direct material 800
Direct labour 300
Overhead (300*40%) 120
Total cost of job 1720
Units 4
Unit cost 430
