The idea that people like to save more money at higher interest rates and do not like saving as much money at lower interest rates results in a upward sloping supply curve in the loanable funds market.
Interest is charge from a borrower or deposit-taking monetary institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. it is wonderful from a rate which the borrower may additionally pay the lender or some 1/3 birthday party.
Interest is the rate you pay to borrow cash or the price you rate to lend cash. interest is most usually reflected as an annual percentage of the amount of a loan. This percent is called the hobby fee on the mortgage.
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Answer:
b. As income increases, the quantity demanded of food decrease
Explanation:
food weights for individuals whose income is sufficient enought to keep them healty and feed will not increase their food consumption much else. That's because, their already have it covered and want to saisfy new needs
The demand for food is only high at low levels of income.
Answer:
A
Explanation:
As by 2020 college educated and skilled workers will be short, so companies instead of hiring more skilled workers are relocating their already hired experts and transferring some of their tedious lower skilled tasks to other workers thus reducing their cost of hiring more experts.
By redefining these __high value__ knowledge jobs, they address ___skill__ shortages and _____lower___ costs while enhancing job satisfaction.
Answer:
The $12,000 is the material handling cost should be assigned to products made in March.
Thus, the correct option is a. $12,000
Explanation:
For computing how much of the material handling cost should be assigned, first we have to calculate the per pound of material. The formula is shown below:
Per pound of material = Labor cost ÷ Number of pounds
= $160,000 ÷ 800,000
= $0.2 per pound of material
Now, multiply this per pound of material with moving pounds.
In mathematically,
Material Handling cost = Per unit of pound × Moving material
= $0.2 × 60,000
=$12,000
Hence, the $12,000 is the material handling cost should be assigned to products made in March.
Thus, the correct option is a. $12,000
Answer:
$2,500,000
Explanation:
Data provided
Ending assets = $1,500,000
Inventory turnover = 6.0 times
Net sales = $8,000,000
The computation of beginning total asset balance is shown below:-
Average total assets = $8,000,000 ÷ 4
= $2,000,000
Total assets = $2,000,000 × 2
= $4,000,000
Beginning assets = Total assets - Ending assets
= $4,000,000 - 1,500,000
= $2,500,000
Therefore we applied the above formula
