Suppose there are claims that a new war in the Persian Gulf could shift the world supply curve to the left, causing the world price of oil to soar regardless of whether we drill in ANWR. How accurate is this claim? Use the same type of analysis as in the text solved problem to calculate how much a shock would cause the price to rise without and with the ANWR production. According to the solved problem demand is initially: 0 =117.50 — 0.4?p and supply is initially Q = 70.50 + 0.47p (without negative oil shocks and ANWR oil production). Now incorporate a negative oil shock of 3 million barrels a day (shifting the supply curve for oil to the left by that amount). Without the ANWR production, price rises by $ per barrel. (Enter a numeric response using a reai number rounded to two decimal places.)

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next