Opera Corp. uses the dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Dec 31, 20X0, Inventory at end-of-year prices = $65,000 (price index = 1.00); Dec 31, 20X1, Inventory at end-of-year prices = $126,000 (price index = 1.05); Dec 31, 20X2, Inventory at end-of-year prices = $135,000 (price index = 1.10). What is the 20X0 inventory balance using dollar-value LIFO? a. $65,000.
b. $61,904.
c. $122,727.
d. $135,000

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided