Re: ::: vuaskari.com ::: idea solution ECO401 GDB by Fizza dastgir

2- stand paper used in production

On Mon, Apr 25, 2011 at 9:46 AM, meerab choudary <meerab.choudary7@gmail.com> wrote:

need answer plz(mgt-402)

which of the following item of cost should not be treated as direct material:

1-electricity representing 90% of the total cost

2- stand paper used in production

3- thread used in stiching garments

4- all of the obove

 

i am confused about 2&3

On Sun, Apr 24, 2011 at 3:14 PM, Fizza Dastgir <mc090405569@vu.edu.pk> wrote:

 

Eco 401 GDB

Idea Solution by

Fizza Dastgir

 

 

Consider the markets of motor vehicles and fuel oil. If price of motor vehicles rises, what will happen to the demand of fuel oil? In which direction the demand curve for fuel oil will shift with a rise in price of motor vehicles?

 

Answer:

Demand for fuel oil will fall and the demand curve will shift LEFTWARDS, showing that decrease.

 

FIZZA DASTGIR BHATTI

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MC090405569 

MBA - ISLAMABAD

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