Use the three-step demand-supply analysis to analyze changes to the equilibrium price, and quantity in the California computer market when Intel introduces a new but much cheaper computer chip (with the same computing power). Step 1: Decide if the new chip shifts the computer demand or the supply curve or both:

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units