Business, 08.11.2020 22:00, Catracho3619
Why did Friedrich Hayek call expansionary spending dangerous?
A He felt it could lower the money supply and cause deflation.
B He felt it could lead to inflation and poor decisions by consumers.
C He felt it could lead to deflation and poor decisions by consumers.
D He felt it could lower available credit and cause a drop in prices.
Answers: 3
Business, 21.06.2019 16:00, burnsmykala23
Excellent inc. had a per-unit conversion cost of $3.00 during april and incurred direct materials cost of $112,000, direct labor costs of $84,000, and manufacturing overhead costs of $50,400 during the month. how many units did it manufacture during the month? a. 18,000 b. 44,800 c. 70,000 d. 30,000
Answers: 1
Business, 21.06.2019 16:10, emmaja121003
Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product bold. labor costs will go from $7.91 to $8.41 per unit. in addition, their material costs have fallen from $13.66 to $12.66. assume all period costs as reported on baldwin's income statement remain the same. if baldwin were to pass on half the new costs of labor and half the savings in materials to customers by adjusting the price of their product, how many units of product bold would need to be sold next round to break even on the product?
Answers: 2
Why did Friedrich Hayek call expansionary spending dangerous?
A He felt it could lower the money su...
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