Ceteris paribus, when the price of tuition increases, fewer people will choose to go to college. what do we mean by ceteris paribus in this statement?

a. we also assume fewer students are entering high-paying college majors
b. we know that college graduates are also currently earning lower wages
c. fewer students attend college because classes are getting more difficult
d. all of the above
e. none of the above

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?