Answer:
A. elastic.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic when a change in price leads to a change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than one.
Demand is inelastic when a change in price has no effect on quantity demanded.
The absolute value of the coefficient of elasticity for inelastic demand is usually less than 1.
Demand is unitary when a change in price leads to an equal proportional change in quantity demanded.
The absolute value of the coefficient of elasticity for unitary demand is usually equal to one .
I hope my answer helps you.
Answer: The statement "A. The units in beginning inventory plus the units transferred out during the month should equal the units in the ending inventory plus the units transferred in during the month." is <u>FALSE.</u>
Explanation: The units in beginning inventory plus the units<u> </u><u>transferred in</u> during the month <u>MUST be equal</u> the units in the ending inventory plus the units <u>transferred out during</u> the month.
Answer:
No, a currency carry trade with positive profit can not be conducted.
Explanation:
The currency carry trade is the trading strategy where investor funding from lower-yield currency to invest in higher-yield currency with expectation to earn positive profit from the yield differences between the two currencies.
However, this strategy only works when the difference is big enough to compensate for the depreciation ( if any) of the higher-yield currency against the lower-yield currency.
With the given information, the strategy will not work because the depreciation of NZ$ against US$ after one-year is too big to be compensated for the yield difference.
For specific example, suppose the strategy is conducted, in 2008, an investor will borrow, for example, US$1 at 4.2%, exchange it to NZ$1.71. Then, invest NZ$1.71 at 9.1%.
In 2019, an investor will get NZ$1.86561 (1.71 x 1.091). The, he/she exchanges at the 2019 exchange rate, for US$1.36176 (1.86561 / 1.37). While at the same time, he will have to pay back 1 x 1.042 = US$1.042 => The loss making in US$ is US$0.32.
Answer:
Current = 5.00
Company A = 6.30
Company B = 6.71
The company B would have the highest productivity in terms of revenue per dollar of input, that is 6.71.
Explanation:
Current:
Average time = 40 minutes
Cost = 40 minutes x $2 = $80
Productivity (Revenue per $ input) = $400 / $80 = 5.00
Company A:
Average time = 40 - 10 = 30 minutes
Cost = (30 minutes x $2) + $3.50 = $60 + $3.50 = $63.50
Productivity (Revenue per $ input) = $400 / $63.50 = 6.30
Company B:
Average time = 40 - 12 = 28 minutes
Cost = (28 minutes x $2) + $3.60 = $56 + $3.60 = $59.60
Productivity (Revenue per $ input) = $400 / $59.60 = 6.71
Current = 5.00
Company A = 6.30
Company B = 6.71
The company B would have the highest productivity in terms of revenue per dollar of input, that is 6.71.
Hope this helps!
Answer:
$80
Explanation:
The computation of the material cost per unit is shown below:
= Direct materials placed into production ÷ number of units
= $4,000 ÷ 50 units
= $80
Simply we divide the direct material placed with the number of units so that the correct material cost per unit can come,
All other information which is given is not relevant. Hence, ignored it
