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ts variable cost increases by 10% as a result of wage increases, how many tables will the firm have to sell next year to have the same profit as last
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Such cases lead to filing of law suits on the part of the cargo’s insurance companies and on both parties of buyers and sellers. In circumstances such as the ocean disasters reflected in the photographs, the buyer should have included a condition subsequent
Therefore, 5,792,324 cubic inch per minute =2.07 cubic yard per hour.
5. 2.5 tons/square yard to Ibs per square inch. First convert tones into pounds. 1 ton is equivalent to 2200 pounds. Therefore, 2.5 tons = 2.5* 2200 = 5500 pounds. Also, convert square
This change caused a change in demand with more people subscribing for the service initially. The marginal cost (MC) of each unit of production increased before it fell. The fixed costs remained the same since changes in fixed
The impact of government report about the outbreak of salmonella poisoning a recent kumquat crop will cause the demand curve to shift towards the left indicating a decrease in demand. This is shown in the diagram below;
If the price
When the internet technology first came, it was very expensive to access the internet and people would make huge sales from the internet. With time everyone can access internet at a cheaper price and more easily. Almost every house has
For example, in case a household’s public service demand goes high where households with higher income choose jurisdictions which provide higher public service levels, or there is sorting by income of households between
Firm A will likely be unionized as compare to firm B. This is because compared to firm B firm A offers non-competitive pay and benefits. Non-competitive pay or wages is one of the reason why most employees go for unions with
However, there are situations where participating convertible preferred is same as redeemable convertible preferred when it comes to bonds payable in terms of interests and credit-ratings. Another interesting similarities involves the use
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