The central bank buys $15,000 worth of bonds in the open market from Christopher, who
deposits the proceeds in his checking account at Carla Bank. The required reserve ratio is
5%.
(a) What is the amount by which Carla Bank's liabilities have changed?
(b) Calculate the change in required reserves for Carla Bank.
(c) What is the dollar value of the maximum amount of new loans Carla Bank can initially
make because of Christopher's deposit?
(d) Based on the central bank's open-market purchase of bonds, calculate the maximum
amount by which the money supply can change throughout the banking system.
(e) How will the change in the money supply in part (d) affect aggregate demand in the short
run? Explain.
Answers
Answer:
(a) What is the amount by which Carla Bank's liabilities have changed?
Carla Bank's liabilities increased by $15,000 (bank deposits are liabilities).
(b) Calculate the change in required reserves for Carla Bank.
Carla Bank's reserves must increase by $15,000 x 5% = $750
(c) What is the dollar value of the maximum amount of new loans Carla Bank can initially make because of Christopher's deposit?
Carla Bank can loan $15,000 x 95% = $14,250
(d) Based on the central bank's open-market purchase of bonds, calculate the maximum amount by which the money supply can change throughout the banking system.
Money multiplier = 1 / 5% = 20
The money supply has the potential to increase by $15,000 x 20 = $300,000
(e) How will the change in the money supply in part (d) affect aggregate demand in the short run? Explain.
Aggregate demand will increase since the total money supply increases. This should also help to decrease the interest rates and foster investment.
The amount by which Carla Bank's have changed is increased by $15,000, and the dollar value of the maximum amount of new loan is $14,250.
What are bonds?A bond is a type of security under which the issuer of the bonds build upon the holder a debt, and is obliged or depending on the given terms.
(a).
The amount by which Carla Bank's liabilities have changed is increased by $15,000 because the bank deposits are liabilities, and that have to pay in the market for the bonds.
(b).
The change in required reserves for Carla Bank in that the amount would be increased by $750, mean 5% of the borrowed amount. i.e.,
\((\$15,000 \times \frac{5}{100})\)
(c).
The dollar value of the maximum amount of new loans Carla Bank would be initially the 95% of the amount of care loan means $14,250. i.e.,
\((\$15,000 \times \frac{95}{100})\)
(d).
Based on the purchase of the central bank open-market of bonds, the maximum amount by which the money supply can change passim the banking system is the money multiplier, it is computed as,
\(\text{Money multiplier} = \dfrac{1}{\text{Reserve ratio \%}}\\\\ \test{\text{Money multiplier}} = 20\)
Then, the money supply has the potential to increased by:
\(=\text{Loan Value} \times \text{\Money Multiplier}\\\\=\$15,000 \times 20 = \$300,000\)
(e).
The change in the money supply in part (d) affect aggregate demand in the short run, as the aggregate demand will raise. Since the total money supply raises. This should also support to fall the interest rates and foster investment.
To learn more about the bonds, refer to:
https://brainly.com/question/10777799
Related Questions
Ethiopia's incomes and expenditures are as follows (in billion bire) in 2009
Wages
at what approach 100
Social security contributions
7
Interest income
5
Personal taxes
20
Consumption expenditure by households
60
Government purchases of goods and services
150
50
Transfer payments
100
Corporate profit
30
Investment expenditures by business
20
Corporate Income taxes
50
Indirect business taxes
Undistributed corporate profit
90
Consumption of fixed capital( depreciation)
40
Non income charges
65
Expenditures by foreigners
25
Net foreign factor income earned domestically
25
a. Using expenditure approach, what is GDP?
Answers
The GDP of Ethiopia using the expenditure approach in 2009 was 205 billion bire.
What is Ethiopia's GDP?By adding up all of the expenditures on finished goods and services produced domestically, we may compute the GDP using the expenditure method. The following formula is used to determine GDP when utilizing the spending method:
GDP = C + I + G + (X - M)
where:
C = Consumption expenditure by households
I = Investment expenditures by business
G = Government purchases of goods and services
X = Expenditures by foreigners on domestically produced goods and services
M = Expenditures by domestic residents on foreign-produced goods and services
Using the given values for Ethiopia's incomes and expenditures in 2009, we can further input the values to calculate the GDP as;
GDP = C + I + G + (X - M)
= 60 + 20 + 150 + (25 - 25)
= 205 billion bire
learn more on GDP here;
https://brainly.com/question/1383956
#SPJ1
Candra has compiled her rewritten notes, vocabulary lists, potential test questions and her previous tests. Which main component to a strong study guide is she missing? a. Class notes c. Graphic organizers b. Flashcards d. None of these
Answers
Answer:
the answer is C
Explanation:
i just took the test hope this helps
Graphic organizers is the main component to a strong study guide is she missing. Hence, option C is correct.
What is Graphic organizers?A visual and graphic display known as a graphic organizer shows the connections between vocabulary, concepts, and facts within a learning task. In addition to being known as graphic organizers, knowledge maps, concept maps, story maps, cognitive organizers, advance organizers, and concept diagrams are other names for them.
Students are supposed to use this graphic organizer from The Resourceful Teacher to arrange information by responding to the 5 Ws: who, what, when, where, and why.
In any topic area, graphic organizers are beneficial teaching resources. They serve as a pre-writing aid for essays, assist students in organizing their thoughts and ideas for answering questions, and present information visually.
Thus, option C is correct.
For more information about Graphic organizers, click here:
https://brainly.com/question/19200216
#SPJ2
Pension funds pay lifetime annuities to recipients. If a firm remains in business indefinitely, the pension obligation will resemble a perpetuity. Suppose, therefore, that you are managing a pension fund with obligations to make perpetual payments of $3.0 million per year to beneficiaries. The yield to maturity on all bonds is 20%.
Required:
a. If the duration of 5-year maturity bonds with coupon rates of 12% (paid annually) is 3.9 years and the duration of 20-year maturity bonds with coupon rates of 6% (paid annually) is 6.7 years, how much of each of these coupon bonds (in market value) will you want to hold to both fully fund and immunize your obligation? (Do not round intermediate calculations. Enter your answers in millions rounded to 5 decimal places.)
b. What will be the par value of your holdings in the 20-year coupon bond? (Enter your answer in dollars not in millions. Do not round intermediate calculations. Round your answer to the nearest dollar amount.)
Answers
We need to hold $12.82051 million in 5-year maturity bonds and $25.64103 million in 20-year maturity bonds to fully fund and immunize the obligation. the par value of our holdings in the 20-year coupon bond is $231,719.
To fully fund and immunize the obligation, we need to find the market value of each bond that would generate a cash flow of $3.0 million per year. Let x be the market value (in millions) of 5-year maturity bonds and y be the market value (in millions) of 20-year maturity bonds. Then we have:
0.12x + 0.06y = 3.0 (annual coupon payments)
3.9x/100 + 6.7y/100 = 0 (duration matching)
Solving these equations simultaneously, we get:
x = 12.82051
y = 25.64103
The par value of our holdings in the 20-year coupon bond can be calculated as follows:
Par value = Market value / (1 + YTM)^n
where YTM is the yield to maturity (20%) and n is the number of years to maturity (20). Substituting the values, we get:
Par value = 25.64103 / (1 + 0.20)^20
= $231,719.25
To know more about Pension funds, here
brainly.com/question/15408263
#SPJ1
Centrum Services purchased $4,400 worth of equipment. The equipment has an estimated useful life of seven years and a salvage value of $200. Using the straight-line method, the depreciation for the first month is:
Answers
Using the straight-line method, the depreciation for the first month is: $50
Using this formula
Depreciation=(Cost -Salvage value) /Useful life
Where:
Cost=$4,400
Salvage value=$200
Useful life=7 years
Let plug in the formula
Depreciation=[($4,400-$200)/7]×1/12
Depreciation=($4,200/7)×1/12
Depreciation=$600×1/12
Depreciation=$50
Inconclusion Using the straight-line method, the depreciation for the first month is: $50
Learn more here:
https://brainly.com/question/13213236
instances where' silence is golden ' is applicable
Answers
Identify legal business matters related to contracts and apply ethical standards to all business practices
Answers
Ethical standards are based on human rights and wrongs and legal standards are based on written law.
Legal standards are defined as a body of rules based on regulations passed by the government. The legislation and laws that solicitors quote are founded in the law. Legal restrictions are helpful because they outline what people are not permitted to do. Organizations create ethical standards to help members learn the distinction between good and evil and apply that knowledge to their decisions. The right to life, the freedom from harm, and the right to privacy are only a few examples of the rights that fall under the purview of ethical norms.
Learn more about Standard, here;
https://brainly.com/question/15287326
#SPJ1
Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.
Answers
a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.
c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units
a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].
Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.
b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.
The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:
(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit
Plugging in the values, we have:
(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units
c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.
The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.
The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.
for such more questions on margin
https://brainly.com/question/9797559
#SPJ8
Difference between financial and managerial accounting?
Answers
The main difference between financial and managerial accounting is that financial accounting is done for external stakeholders and managerial accounting is done for internal stakeholders.
How are financial and managerial accounting different?Financial accounting is often made for the use of the external stakeholders of a company including the public, the government, and analysts and investors. As a result, it has to follow the recommended accounting principles.
Managerial accounting on the other hand, is done for the benefit of internal stakeholders like management. It is used to make decisions on operations. It therefore does not need to follow generally recommended accounting principles which makes it different from financial accounting.
Find out more on managerial accounting at https://brainly.com/question/25161518
#SPJ1
How do the location and size of warehouses affect the performance of a firm such as IKEA?
Answers
Answer:
Just guessing here, but could it be that the storage directly affects the layout which can determine the size. Ikea is known as a furniture store, so of course they need space to sell things like beds, couches, etc. In a smaller Ikea you cannot sell as many couches & refrigerators as you could in a larger Ikea, also you may have a larger variety. In turn if a customer enters a smaller Ikea said customer may not find the item they were looking to purchase & as a result may leave. Whereas in a larger Ikea they are more likely to find their item & make a purchase causing the business to gain more profit. Therefore sizing determines product, product determine profit and without a profit there is a much worse performance.
When manager Mariah Pitner delivered the company's financial report to local bankers and analysts, she was acting in a(n) _____ role.
Answers
Answer:
When manager Mariah Pitner delivered the company's financial report to local bankers and analysts, she was acting in a(n) _assistant secretary_ role.This is a good question to ask during an interview A) How many vacation days do I get? B) What kind of products or services do you provide? C) How many hours of training will I need? D) None of the above
Answers
Answer:
C) How many hours of training will I need?
can banks create money?
Answers
Answer:
yes
Explanation:
most of the money in our economy is created by banks in the form of banks deposits - eg the numbers that appear in your account. Banks create new money whenever they make loans
A share of stock with a beta of 0.75 now sells for $50. Investors expect the stock to pay a year-end dividend of $2. The T-bill rate is 4%, and the market risk premium is 7%. a. Suppose investors believe the stock will sell for $52 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy? What will investors do?
Answers
Answer:
What the investors will do depends on whether the actual return will be higher, lower or the same as the required return (Opportunity cost of capital) .
The Actual return can be calculated using the Holding Period Return which is;
= (Earnings(Dividends) + (Ending Stock Price - Beginning Stock Price))/Beginning Stock Price
= (2 + (52 - 50))/50
= 4/50
= 8%
The Opportunity Cost of Capital can be calculated using CAPM.
= Risk Free Rate + beta(Market Premium)
= 4% + 0.75(7%)
= 9.25%
The Opportunity Cost of Capital is greater than the Actual Return from the stock so the stock is a bad buy.
Investors will not invest.
A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution margin of $16 and takes two machine hours to make and Product B has a unit contribution margin of $30 and takes three machine hours to make. If there are 5,000 machine hours available to manufacture a product, income will be:
a. $10,000 more if Product A is made.
b. $10,000 less if Product B is made.
c. $10,000 less if Product A is made.
d. the same if either product is made.
Answers
Answer:
Product B has a net income of $10,000 superior to Product A.
The correct answer is C.
Explanation:
Giving the following information:
Product A:
Unitary contribution margin= $16
Machine-hours required= 2
Product B:
Unitary contribution margin= $30
Machine-hours required= 3
First, we will calculate the total income of both products.
Product A= 16*(5,000/2)= $40,000
Product B= 30*(5,000/3)= $50,000
Product B has a net income of $10,000 superior to Product A.
Sylvia Baxter reaches an agreed upon selling
Answers
When Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.
Based on the information you provided, Sylvia Baxter has reached an agreed-upon selling price for a particular item or property. This means that she and the buyer have come to a mutual agreement on the price at which the item or property will be sold.
When negotiating a selling price, it's important for both parties to consider several factors, such as the current market value of the item or property, its condition, and any unique features or attributes that may affect its value. Additionally, both parties should be clear about any terms and conditions of the sale, such as the date of transfer of ownership, any repairs or renovations that need to be made before the sale, and any financing or payment arrangements.
Once the selling price has been agreed upon, both parties will typically sign a sales agreement or contract that outlines the terms of the sale. This document serves as a legally binding agreement between the buyer and seller and ensures that both parties are aware of their rights and obligations.
In summary, when Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.
for more such question on selling price
https://brainly.com/question/28189871
#SPJ11
Shelton, Inc. has sales of $435,000, costs of $216,000, depreciation expense of $40,000, interest expense of $21,000, and a tax rate of 35 percent. What is the net income for the firm? Suppose the company paid out #30,000 in cash dividends. What is the addition to retained earnings?
Answers
Answer:
a. Net income = $107,200
b. Addition to retained earnings = $72,700
Explanation:
a. What is the net income for the firm?
Net income which also referred to a s net earnings is estimated by deducting cost of goods sold, selling and distribution expenses, administrative expenses, depreciation expenses, interest expenses, taxes, and other relevant expenses from sales.
b. What is the addition to retained earnings?
Addition to retained earnings is obtained by deducting the cash dividends from the net income.
For this question, the net income and addition to retained earnings can be calculated by preparing an income statement as follows:
Shelton, Inc.
Income Statement
For the year ....
Particulars $
Sales 435,000
Costs of sales (216,000)
Gross profit 219,000
Depreciation expense (40,000)
Interest expense (21,000)
Income before tax 158,000
Tax ($158,000 * 35%) (55.300)
Net income 102,700
Cash dividends (30,000)
Addition to retained earnings 72,700
Therefore, Net income is $107,200, and addition to retained earnings is $72,700.
Which statement best summarizes the role of businesses in the flow of
goods?
O A. Businesses provide natural resources to product markets.
B. Businesses consume goods produced by households.
C. Businesses offer goods and services to consumers.
D. Businesses sell goods that are created in product markets.
Answers
Answer:
the answer is C
suppose you have a student loan with an annual interest rate of 4 percent. one day your lender announces that the interest rate will soon increase to an annual rate of 5 percent. your friend claims that this only one percentage increase in your interest rate. is she correct? why? why not? if she is incorrect, what is the actual percentage increase in your interest rates? what is the percentage point increase in your interest rates? [3 points]
Answers
Your friend is incorrect. The actual percentage increase in your interest rate is 25%, not 1%.
The formula for calculating the percentage increase is:
((new rate - old rate) / old rate) x 100 = % increase
Plugging in the numbers:
((5 - 4) / 4) x 100 = 25
So, the actual percentage increase in your interest rate is 25%.
Additionally, the percentage point increase in your interest rate is 1 percentage point or 1%. The percentage point increase is simply the difference between the old rate and the new rate, so in this case it would be 5 - 4 = 1.
For more questions like Interest rate click the link below:
https://brainly.com/question/13324776
#SPJ4
What aspect of the control environment is affected by the company's decision to no longer require approvals for purchase order discounts
Answers
Answer:
. When temporary workers are recruited the wages might be less but the accuracy extent is quite questionnable. Even the slightest mistake by the workers will make the permanent workers liable. Though the wages of the temporary workers are less.
Explanation:
(>‿◠)✌
Refer to the following diagram.
A decline in U.S. housing prices, as in 2007, pushed the AD curve from AD1 to AD2. Dynamic feedback effects that would destabilize the economy could shift:
A) SAS2 to SAS3.
B) AD2 to AD1.
C) AD2 to AD3.
D) SAS1 to SAS2.
Answers
As in 2008, a drop in home prices has pushed AD from AD1 to AD2, and dynamic feedback effects that would destabilise the economy might shift SAS1 to SAS2. This is because demand would rise as a result of the drop, while supply will fall in the short term.
Why there is destabilization in economy?
The Great Recession, which was caused by the financial crisis of 2007–2008, is an example of how macroeconomic instability may be brought on by a lack of financial stability.
According to monetarists, a highly changeable money supply causes a very variable level of output. This, according to Milton Friedman, was a major cause of the Great Depression of the 1930s.
To know more about destabilization, click here-
https://brainly.com/question/13049164
#SPJ4
A stock has an average expected return of 10.1 percent for the next year. The beta of the stock is 1.45. The T-Bill rate is 5.5% and the T-Bond rate is 3.5 %. What is the market risk premium?
a. 3.17%.
b. 4.60%.
c. 14.60%.
d. 2.48%.
e. 4.93%.
Answers
Answer:
The right solution is "4.55%".
Explanation:
Given that,
Expected return,
= 10.1%
Risk-free rate,
= 3.5%
Beta,
= 1.45
Now,
The market risk premium will be:
⇒ \(Expected \ return=Risk-free \ rate+Beta\times (Market \ risk \ premium)\)
⇒ \(Market \ risk \ premium=\frac{Expected \ return-Risk -free \ rate}{Beta}\)
By putting the values, we get
⇒ \(=\frac{10.1-3.5}{1.45}\)
⇒ \(=\frac{6.6}{1.45}\)
⇒ \(=4.55\) (%)
what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and the last payment is received 25 years from now
Answers
Answer:
PV= $50,981.17
Explanation:
First, we need to calculate the future value at the end of the period:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {7,500*[(1.071^19) - 1]} / 0.071
FV= $283,234.78
Now, the present value:
PV= FV/(1+i)^n
in this case n=25 years
PV= 283,234.78 / (1.071^25)
PV= $50,981.17
Heinz makes most of its money from ketchup and prepared, packaged foods that are substitutes for fresh foods. Revenue tends to be low in the second quarter (May, June, and July). Can you provide a possible reason for this pattern? (Hint: Fresh fruits and vegetables are substitutes for many Heinz prepared foods, and ketchup is commonly used on food prepared at outdoor cookouts.) Revenue for Heinz tends to be low in the second quarter because
Answers
Answer:
Revenue in the second quarter tends to be low, because in late spring and in summer, fresh produce (fresh fruits and vegetables) tend to be plentiful, because this is a harvest period.
Because the products that Heinz makes are substitutes for fresh produce, in this period, people flock to the fresh produce. For example, people buy tomatoes to make tomatoe sauce at thome instead of buying Ketchup.
Identify all of the statements that are examples of fiscal policy.
There is an increase in income tax rates.
The Federal Reserve purchases bonds on the open market.
The estate tax is repealed.
Government increases military spending.
Public money is used to build a high-speed train that connects Los Angeles and Las Vegas.
The Federal Reserve increases the money supply by decreasing the reserve ratio requirement.
To help domestic firms, government sets a quota on the number of goods that can be imported.
Answers
There is an increase in income tax rates.
How are three 3 things that financial arrangement impacts the economy?
The public authority does this by expanding charges, lessening public spending, and cutting public area pay or occupations.
The three principal parts of the Financial Strategy of any nation are - government receipts (income and capital), government use (income and capital) and public obligation.
The right response is Loan fee. Loan fee doesn't frame part of the monetary strategy of a country. Financial strategy is the utilization of government income assortment (essentially burdens yet additionally non-charge incomes like divestment, advances) and use (spending) to impact the economy.
Financial strategy is the means by which the public authority changes its spending and income to impact the more extensive economy. By changing its degree of expenditure and duty income, the public authority can influence the economy by either expanding or diminishing financial movement temporarily
Learn more about tax rates here:
https://brainly.com/question/26316390
#SPJ1
1.Identify three jobs and three careers. What do they have in common? How do they differ?
2.Discuss the cost and benefits of choosing a career instead of a job.
3.Explain different ways for people to build their human capital.
Answers
careers: doctor, dentist, engineer
similarities: make money, pay taxes, requires high school education
differences: u can make a lot more money with a careers, u got to college for a career, usually requires at minimum a associate degree
u can increase human capital by going to school, (higher education) reading, going out into the world and experiencing things, getting a job aswell ! hope this helped u ! :D good luck !
Label the parts of the Supply & Demand Curve. Demand Supply Equilibrium Price Quantity
Answers
The law of supply and demand is the foundation of microeconomics. In this system, supply refers to the amount of a particular product or service that businesses are prepared to provide, while demand refers to the amount of the same product or service that consumers want to purchase.
Supply and Demand Curve Labeling Demand curve: The quantity of a good that consumers are willing to purchase at a given price point is known as the demand curve. Demand curves are usually drawn downward-sloping because as the price of a good rises, consumers become less willing to pay for it.
Supply curve: The quantity of a good that businesses are prepared to offer at a particular price point is known as the supply curve. Because businesses are more likely to provide additional goods if the price of those goods is high, supply curves are often upward-sloping.
Equilibrium point: The price at which the amount of a good that consumers are willing to buy is equal to the amount of that good that businesses are prepared to supply is known as the equilibrium point. In other words, it's the point where the supply and demand curves intersect.
Quantity: The quantity of goods that are supplied and demanded at the equilibrium point is the quantity.In conclusion, the supply curve illustrates the relationship between price and quantity supplied, whereas the demand curve illustrates the relationship between price and quantity demanded.
The equilibrium price and quantity can be found where the two curves intersect.
For more question on equilibrium
https://brainly.com/question/17193674
#SPJ8
Select all te correct answers
What are the advantages a market economy offers producers?
minimal government intervention
property rights
monopoly of bigger companies
free advertising for small businesses
free labor
Answers
Answer: Minimal government intervention AND Property rights
Explanation:
If you review your credit report and find an error, and you're able to prove it is, indeed, an error, how long does
the credit bureau have to remove the error?
Answers
Answer:
30 days
And, under the Fair Credit Reporting Act (FCRA), bureaus generally have 30 days to investigate the dispute and remove any items proven to be inaccurate.
Explanation:
There
EB11. LO 4.6A company has the following information relating to its production costs: A chart of information including: Machine hours 25,000, Direct labor cost $550,000, Indirect labor 45,000, Plant maintenance 259, 300, Plant supervision 90,000, Plant depreciation 150,000, Plant utilities 48,000, Indirect material 5,000. Compute the actual and applied overhead using the company’s predetermined overhead rate of $23.92 per machine hour. Was the overhead overapplied or underapplied, and by how much?
Answers
Answer:
Total overheads = Indirect labor + Plant maintenance + Plant supervision + Plant depreciation + Plant utilities + Indirect materials
Total overheads = 45000 + 259300 + 90000 + 150000 + 48000 + 5000
Total overheads = $597,300
Actual overhead rate = Total overheads/Machine Hours
Actual overhead rate = 597300 / 25000
Actual overhead rate = $23.892
While Applied overhead rate = $23.92
Conclusion: The actual overhead rate is less than applied or absorbed rate, therefore there is overhead over applied and it is by $0.028
which of these is representative of quantitative data
Answers
Joni buys coffee three times a week at the local donut shop is representative of quantitative data. The correct option is A.
Quantitative data consists of numerical quantities that can be quantified and statistically analyzed. In this scenario, the statement specifically mentions Joni's coffee consumption, revealing that she buys it three times a week. The number "three" signifies a quantity that may be calculated and compared. Quantitative analysis of this data can be used to determine average weekly coffee purchases or assess Joni's coffee intake in comparison to others.
Thus, the ideal selection is option A.
Learn more about Quantitative data here:
https://brainly.com/question/96076
#SPJ1
Your Question seems incomplete most probably your complete Question was:
Which of these is representative of quantitative data?
A.Joni buys coffee three times a week at the local donut shop.
B. Andre prefers chocolate cake over vanilla.
C. Georgia prefers floral-scented soaps to sweet-scented soaps.
D. Sammy likes to watch horror movies more than comedy.