<span>If a firm has an incentive to increase supply now and decrease supply in the future, then the firm expects that the prices for the firm's product will be lower than the prices that have been set in the present. In the present case as the supply is increased, the prices are higher as the demand is higher. Then at later point of time when the supply is decreased, then demand also decreased, then the prices are likely to come down.</span>
Answer:
a. 24,000 unfavorable
Explanation:
Quantity Variance = Standard Price ( Actual Quantity - Standard Quantity Allowed)
= $12 per pound (8 lbs.*16,500 lbs-8 lbs.*16,000)
= $ 12 (132,000 lbs-130,000 lbs) = $ 12 (2000)= 24,000 unfavorable
It is unfavorable because the actual quantity used is more than the standard quantity allowed.
Quantity variance is obtained by multiplying the standard price with the difference in the actual quantity used and the standard quantity allowed.
Answer:
This is because a change in autonomous expenditure changes income and sets off further changes in induced expenditure.
Answer:
$4,021.77
Explanation:
To solve this question find the present value of each cashflow then sum them up.
<u>PV of 2,000 received at year 2;</u>
Using a financial calculator, input the following;
FV = 2,000
I = 6%
N = 2
PMT = 0
then compute present value; CPT PV = $1,779.99
<u>Next, PV of 3,000 received at year 5;</u>
Using a financial calculator, input the following;
FV = 3,000
I = 6%
N = 5
PMT = 0
then compute present value; CPT PV = $2,241.78
Then sum up the two PVs = $1,779.99 +$2,241.78 = $4,021.77
The DTI bucket had the highest number of rejected loans whose debt was greater than 20% of their income and lowest when debt is less than 10% of their income.
There are three factors to be checked upon before the Lending Club will grant us loans. The first factor is the debt-to-income ratios, the second one is the length of employment and the third factor is the credit score. The Lending Club collects all this information before granting a loan and then checks them before granting the loan.
We can use the Pivot table that is available to make the comparisons. According to the debt-to-income ratios, the person whose loan was more than 20% of income was the highest as maybe the person granting the loans will not feel secure even and so this was the factor for rejected loans. Security is one of the main factors as the person needs to feel secure that he will get back his money.
The lowest rejects were the ones whose people loan asked was less than 10% of their incomes. In such cases, the person giving the loan may feel secure that he may get back his money. The length of employment is also another important factor as long as the person has worked for some years the lender can be assured that from his income he may get back the loan amount. The third factor being the higher the credit score more the chances of the person getting the loan.
Learn more about loans here:
brainly.com/question/20159513
#SPJ4
