Based on predicted production of 34,000 units, a company anticipates $799,000 of fixed costs and $722,500 of variable costs. The flexible budget amounts of fixed and variable costs for 32,000 units are (Do not round intermediate calculations) a) $799,000 fxed and $680,000 variable
b) 004706 nc $680.000 fed and $799.000 variable
c) $752,000 fed and $722.500 veriable
d) $799,000 ed and $722.500 variable
e) $752.000 fd and S680.000 variable

In which of the following situations would the price of a good be most likely to increase? a. a breakthrough in productive technology enables a company to increase its output. b. an increase in production costs results from a rise in wages. c. there's a sudden increase in the number of companies competing to sell the good. d. a drop in demand happens too quickly for producers to decrease production to keep up.

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.