If the marginal benefit of an extra item is greater than or equal to the marginal cost of the additional item, raise the quantity produced when determining how much to produce.
The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics. Divide the variation in production costs by the variation in quantity to determine marginal cost. Finding the point at which an organisation can realize economies of scale to improve production and overall operations is the goal of marginal cost analysis. The producer may make money if the marginal cost of producing one extra unit is less than the price per unit.
To learn more about marginal cost click here:
https://brainly.com/question/7781429
#SPJ4
after meeting with the borrowers to complete a loan application, you return to your office and order a tri-merged credit report. now that you have a credit report, what loan disclosure must you now prepare and mail (or give) to them?
Notice to Home Loan Applicant
Can the borrower get a credit report?
The lender or broker is permitted by the Fair Credit Reporting Act to provide their client with a copy of the report they have obtained. However, if you decide to do so, you must be ready to explain the report to your customer and the information it contains.
Who is eligible for a loan is determined by lenders using what criteria?
To determine whether you are eligible for a personal loan, the majority of lenders look at your income, DTI ratio, credit score, and credit history.
What is included in a disclosure of a credit score?
In a nutshell, this is a disclosure that contains information such as the applicant's credit score, the range of possible scores, key factors that negatively impacted the credit score, the date of the score, and the name of the individual or organization that provided the score.
Learn more about credit score here:
https://brainly.com/question/2573941
#SPJ4
the cost of data storage has plummeted recently, making data mining feasible for more firms.
a. True
b. False
It is true that the cost of data storage has plummeted recently, making data mining feasible for more firms.
What is data storage?Data storage can be described as the one of the essential part of data management in the organization because management of the data of the firm as well as the data of the client of the organization is very important since any loss as as well as theft of data can be dangerous for the comp[any or the organization.
It should be noted that most of the firm do spend some of their money on the data management especially the telecommunication as well as the IT industries, since the data of their client is very prominent to them as well as their own data.
In conclusion , with the reduction in the cost of the data processing this has encourage so many firms to be able to manage their data very well and ability to handle their data very well.
Read more about data storage at:
https://brainly.com/question/14466798
#SPJ1
lillian applies for a job as the chief financial officer (cfo) of delco corporation. lillian is excited about the opportunity and feels that she has a pretty good chance of getting the position. just to make sure, lillian decides to explore the backgrounds of the decision-makers at delco. if lillian knows their interests, she thinks that might increase her chances of making a good impression in the final interview. the decision-makers who will decide whether or not lillian gets the cfo position at delco corporation include:
The decision-makers who will decide whether or not Lillian gets the cfo position at delco corporation include: the board of directors.
Who are the board of directors in a company?The board of directors is the term that is used to refer to the body that would be in the governing council of a company. The members of the board of directors are usually known to be chosen by those that are in the shareholders position in the company. They are those that have invested in the business.
They help to carry out different functions in the company. One of the functions that they help to carry out in the business is that they help to oversee the management of the business that is done in the company and they also carry out management services in the company.
Therefore the people that would have to carry out the function of having to decide on who is going to get the position would be the board of directors especially when they meet for a meeting.
Read more on board of directors here:
https://brainly.com/question/21121907
#SPJ1
Complete question
Lillian applies for a job as the chief financial officer (CFO) of Delco Corporation. Lillian is excited about the opportunity and feels that she has a pretty good chance of getting the position. Just to make sure, Lillian decides to explore the backgrounds of the decision-makers at Delco. If Lillian knows their interests, she thinks that might increase her chances of making a good impression in the final interview. The decision-makers who will decide whether or not Lillian gets the CFO position at Delco Corporation include:
a. the shareholders of Delco Corporation.
b. the board of directors.
c. the chief executive officer, secretary, and treasurer of Delco Corporation.
When it comes to setting one's own quality standards, one must ensure they are ___?
.profitable
.written
.measurable
.reviewed
When it comes to setting one's own quality standards, one must ensure they are measurable. The correct option is C.
Define the Actual Requirements. Learn how to satisfy quality management compliance more easily. Maintain Simplicity. Everything should be documented. Check for comprehension. Establish Key Performance Indicators (KPIs) Results should be measured.
What set your quality standards?
Quality management standards are particular rules, specifications, guidelines, and characteristics that products, services, and processes must follow on a consistent basis to guarantee that their quality meets expectations. They are suitable for their intended use.
Quality standards are documents that contain rules, specifications, guidelines, or characteristics that can be utilized regularly to guarantee that materials, products, processes, and services are fit for purpose.
Thus, the ideal selection is option C.
Learn more about quality standards here:
https://brainly.com/question/14314787
#SPJ2
Answer:
C- Measurable
Explanation:
This was the correct anser on my test
Which of the following is not a systematic process of controlling?
Select one:
A.
Establishing standards and methods of measuring performance.
B.
Measuring both quantity and quality
C.
Measuring performance
D.
Determining whether performance matches the standards
Measuring both quantity and quality (option B) is not a systematic process of control.
What is controlling?Controlling is described as a process in management, and it is a vital management function. It is important to mention that in the lack of any control process, management will fail to work properly. The management will fail to formulate a plan and work and will be unable to according to the implemented plan.
Measuring just the quantity and the quality, the performance measurement is overlooked. It is the main objective of control is to work as per plan and the level of performance must be by the formulated plan. However, measuring only the quality and quantity will not lead to a systematic process of control.
It can be concluded that measuring both quantity and quality (option B) is not a systematic process of control.
To know more about controlling, check this link:
https://brainly.com/question/28109846
#SPJ13
what must a global marketer consider when developing a global advertising plan that addresses potentially competitive business objectives?
It's not simple to market internationally. Before entering the international market, it must research, develop, and produce various products. It must decide which marketing tactics to employ first.
Before anything else, a company or organization should consider its general and marketing goals and objectives. Without a marketing plan, a company lacks focus and will find it difficult to achieve its aims. A global marketing strategy (GMS), which aims to coordinate a company's marketing operations throughout these markets, includes many world geographical areas. GMS helps in the marketing of each and every company by providing them with assistance.
To learn more about global marketing strategies, visit here:
https://brainly.com/question/1405418
#SPJ4
all cash receipts and outflows during an interest period are treated as if they all happened at the same time. what is that time, and what is this rule called?
The end of the time period is the point at which all cash inflows and outflows within an interest period are handled as though they occurred simultaneously; this rule is referred to as the End of the period convention.
Explain the concept of cashflows.Cash flow can be defined as the net amount that flows into and out of your organization over a specific period of time.Typically, this time frame is a month, quarter, or year.
The cash inflow is the total sum of money coming into your business. Positive cash flow occurs when there is more money entering in than leaving the business. Cash inflow includes any profits you make from investments you make. It also includes the money you receive immediately from clients in return for the products or services you render.
When money leaves your company, this is referred to as a cash outflow. When it comes to operations, cash outflow happens when you pay your employees' salary and when you pay your rent.
To know more about, cashflows, visit :
https://brainly.com/question/17032132
#SPJ4
If the total income of people in the US increases,
1. Equilibrium price would increase & equilibrium quantity would decrease
2. Equilibrium price would decrease & equilibrium quantity would decrease
3. Equilibrium price would increase & equilibrium quantity would increase
4. Equilibrium price would be indeterminate & equilibrium quantity would decrease
Equilibrium price would increase and equilibrium quantity would increase
What is equilibrium price and quantity?
The equilibrium price, which is obtained when the quantity sought by consumers and the quantity supplied by producers, respectively, are equal, is the only price at which consumer and producer plans coincide. This common quantity is known as the equilibrium quantity.
A product is neither in short supply nor in excess when its quantity is in balance. When supply and demand cross, the amount of a good that consumers desire to buy is equal to the amount that its manufacturers are supplying.
To determine the quantity, enter the equilibrium price into the supply or demand function.
To learn more about equilibrium price and quantity refer to:
https://brainly.com/question/22569960
#SPJ13
if an organization's board of directors were to set aside assets to be used for replacement of plant and equipment, where would this be reflected on the balance sheet?
Answer: Assets Limited as to Use
Explanation: These are unrestricted assets whose use is limited by the governing board or contracts or agreements with outside parties other than donors or
nowledge Check 01
On November 1, the company rented space to another tenant. A check in the amount of $9,000, representing three months' rent in advance, was received from the tenant on that date. The payment was recorded with a credit to the Unearned Rent Revenue account.
Complete the necessary December 31 adjusting journal entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.
Answer:
I would say in December 31
Your manager is very concerned about the cost of hiring the three new employees needed for your unit. As a result, she doesn’t want to post the advertisement in a variety of places; she thinks it’s best to just use a “refer a friend” recruitment strategy. When she moves forward with this strategy, ten people turn in résumés. Upon looking further, it appears all applicants went to the same private religious college and graduated around the same time. You are concerned that this method of recruitment lacks diversity. 1. How would you handle this matter with your manager?
It can handle as per three main steps to creating diversity plans, Assessment of diversity, Development of the diversity plan and Implementation of the plan.
What does recruiting strategy entail?Using a recruiting strategy, you should be able to find, attract, and hire the best individuals for your open roles. These are some basic guiding ideas that will help you locate the job seekers you require.The procedure entails determining the business's personnel needs, recruiting and locating qualified people, interviewing, screening, and hiring applicants. The duration of the procedure might range from a few days to several weeks or months, depending on the needs of the organization.Here are our four suggestions for luring the top applicants:
1) First, develop a strong employee value proposition (EVP).
2) Ensure that any chances for advancement or development are advertised.
3. Make sure your staff are promoting you because they are your best brand ambassadors.
4) Promote the principles of your company.
To know more about recruiting strategy refer to:
https://brainly.com/question/15561608
#SPJ13
A sample of 39 observations is selected from a normal population. The sample mean is 19, and the population standard deviation is 4. Conduct the following test of hypothesis using the 0.10 significance level.
H0: μ ≤ 18
H1: μ > 18
a. Is this a one- or two-tailed test?
multiple choice 1
One-tailed test
Two-tailed test
b. What is the decision rule?
multiple choice 2
Reject H0 when z > 1.282
Reject H0 when z ≤ 1.282
c. What is the value of the test statistic? (Round your answer to 2 decimal places.)
e-1. What is the p-value? (Round your answer to 4 decimal places.)
e-2. Interpret the p-value? (Round your final answer to 2 decimal places.)
The test that we have here is a one tailed test. The decision rule is to Reject H0 when z > 1.282. the value of the test statistic is 1.56. The p value is 0.0594
How to solve the problema. The question that we have been asked to solve in the problem that we have here has been identified as a one tail test. The first option is correct
b. The decision rule that we are to abide by in the question is Reject H0 when z > 1.282. The first option is the answer here
c. How to solve for The z test statistic calculation
19 - 18 / 4 / √39
= 1.5612
e1. The p value that we have here is 0.059238. The p value was obtained through the use of a statistical software.
e2. The p value is less than 0.10. That is 0.059238 < 0.10 so we have to reject the null hypothesis.
Read more on statistics here:
https://brainly.com/question/15980493
#SPJ1
suppose an economy can produce a maximum of 10 units of good x and the opportunity cost of 1x is always 2y. what is the maximum number of units of good y the economy can produce?
The value of the next-best option when a choice is made is known as the opportunity cost, according to Andrea Caceres-Santamaria, senior economic education specialist at the St.
What changes as the output of good X grows in terms of the opportunity cost?The law of rising opportunity cost is covered in lesson five. The opportunity cost to producing the additional good will rise as you increase production of one good. First, keep in mind that opportunity cost, or what is given up when a decision is taken, is the worth of the next-best alternative.Applying the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.Opportunity cost can be used in almost any business decision or financial decision-making process. Business owners and other stakeholders can assess the most valuable and lucrative choice as well as the return of a foregone alternative by using opportunity cost estimates.To Learn more About opportunity cost refer to:
https://brainly.com/question/1549591
#SPJ4
In addition to value, what characteristics are being addressed in a vrio analysis?
The abbreviation VRIO stands for a four-question framework that considers value, rarity, imitability, and organization when assessing an organization's capabilities and resources. A four-pronged structure of an organization's resources analytical and sustainable success indicators is used in the VRIO analysis.
VRIO emphazises Value, Rarity, Imitability, and Organization as its four key objectives. These four areas serve as indicators of the distinctive worth and assets that make up your organization, and a review of their data can show you what the long-term benefits are for your firm. an internal analytical tool that businesses use to classify their resources according to whether they exhibit certain characteristics listed in the framework.
To learn more about VRIO, click here.
https://brainly.com/question/24880923
#SPJ1
What basic function requires a manager to hire employees and coordinate the work of subordinates
The basic function that requires a manager to hire employees and coordinate the work of subordinates is referred to as the organizing function
This is further explained below.
What is an organizing function?Generally, Delegating power to subordinates and setting up channels of communication are both components of the organizational function of the management process.
In conclusion, The duty of organizing encompasses other activities as well, such as the creation of departments and the coordination of the work of subordinates.
Read more about organizing function
https://brainly.com/question/3608737
#SPJ1
Question is in the pictures below.
1a) The plantwide overhead rate for Precision Manufacturing Inc. is $3.13 per direct labor dollar.
1b) The unit product cost for each product using the plantwide overhead rate is as follows:
EX300 TX500
Unit Costs $14.37 $27.05
2a) The activity rates are as follows:
Activity Rates:Machine (Machine hours $1.30
Set up (Setup hours) $400
Product-level (No. of products $50,125
General factor (DL dollars) $0.37
2b) The unit product cost for each product using the activity rates is as follows:
EX300 TX500
Unit Costs $12.13 $37.77
3) The conventional and activity-based costing assignments differ because of the different cost driver bases used in allocating overhead.
Whereas the conventional costing method uses a single cost driver to allocate overheads to products, the activity-based costing technique employs multiple activity cost drivers.
Plantwide Overhead and Unit Cost:PMI Products EX300 TX500 Total
Direct materials $366,325 $162,550 $528,875
Direct labor costs $120,000 $42,500 $162,500
Overhead allocated:
Plantwide rate $375,600 $133,025 ($42,500 x $3.13)
Total Cost $861,925 $338,075 $1,196,700
Annual production units 60,000 12,500
Unit Costs $14.365 $27.046 ($338,075/12,500)
ABC Overhead and Unit Cost:PMI Products EX300 TX500 Total
Direct materials $366,325 $162,550 $528,875
Direct labor costs $120,000 $42,500 $162,500
Overhead allocated:
Activity-based costing rate 241,525 $267,100 $508,625
Total Cost $727,850 $472,150
Annual production units 60,000 12,500
Unit Costs $12.131 $37.772 ($472,150/12,500)
Plantwide overhead rate = $3.13 ($508,625/$162,500)
Activity Rates:Machine (Machine hours $1.30 ($198,250/152,500)
Set up (Setup hours) $400 ($150,000/375)
Product-level (No. of products $50,125 ($100,250/2)
General factor (DL dollars) $0.37 ($60,125/$162,500)
Overhead Allocation to Products:Activity Cost Pool and Measure Rate EX300 TX500
Machine (Machine hours $1.30 $117,000 $81,250 ($1.3 x 62,500)
Set up (Setup hours) $400 30,000 120,000 ($400 x 300)
Product-level (No. of products) $50,125 50,125 50,125 ($50,125 x 1)
General factor (DL dollars) $0.37 44,400 15,725 ($0.37 x $42,500)
Total allocated overhead costs $241,525 $267,100
Learn more about activity-based costing at https://brainly.com/question/14907462
#SPJ1
Question Completion:Activity cost pools Manufacturing EX300 TX500 Total
(and activity measures) Overhead
Machine (Machine hours $198,250 90,000 62,500 152,500
Set up (Setup hours) 150,000 75 300 375
Product-level (No. of products 100,250 1 1 2
General factor (DL dollars) 60,125 $120,000 $42,500 $162,500
Total $508,625
10. NIMS Components are adaptable to planned events such as sporting events.
OA. TRUE
OB. FALSE
NIMS Components are adaptable to planned events such as sporting events. This, statement is true. Thus, option (a) is correct.
This means that the National Incident Management System (NIMS) features can be implemented to planned events, including athletic events, to guarantee effective incident management and response.
The National Incident Management System (NIMS) Training Programme serves to reduce risk by increasing readiness. The training programme supports the training and qualification of emergency management employees in NIMS ideas and principles.
As a result, the significance of the statement is true are the aforementioned. Therefore, option (a) is correct.
Learn more about on NIMS, here:
https://brainly.com/question/29761530
#SPJ6
if the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. this is known as ________________.
Answer:
Explanation:
If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied by an amount known as excess demand or deficit supply. This is known as price ceiling.
if the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. this is known as excess demand or deficit supply. This is known as the price ceiling.
What is Equilibrium?When economic forces are in balance, there is said to be an economic equilibrium. In the absence of outside influences, economic variables essentially hold true to their equilibrium levels. Market equilibrium and economic equilibrium are two different concepts.
Market equilibrium is described as the price at which supply and demand are equal in basic microeconomics. As a result, it is a location where the theoretical supply and demand curves.
hence, if the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. this is known as excess demand or deficit supply. This is known as the price ceiling.
To know more about Equilibrium follow the link.
https://brainly.com/question/14281439
#SPJ2
The three basic situational leadership theories are
According to the notion, there are four basic leadership philosophies. High directing behaviors, low supporting behaviors in the directing (S1) domain. High on directing and encouraging behaviors when coaching (S2). Supporting (S3): High levels of supporting behaviors and low levels of directing behaviors theories.
According to Blanchard and Hersey, situational leadership entails "selecting the correct leadership behaviors style for the right individuals." Additionally, it depends on the age and competency of the followers. Leaders theories today appear more like partners than bosses for the first time in history. Depending on who you're managing and when, you might use one of four different leadership philosophies.
To learn more about leadership, click here.
https://brainly.com/question/13775918
#SPJ1
a company that develops a new merchandise tracking technology that automatically notifies suppliers when a new shipment is needed is using its new product to:
Though it varies depending on the business, the product development process can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization.
What does product tracking technology entail?Innovators are those who adopt new ideas or technologies merely because they are novel. Innovators are the most daring and are more willing to take chances. Early adopters: This group has a propensity to form opinions that drive trends.
Poor product-market fit, unmet client needs, or fierce competition are just a few causes for why new products can fail.
In order to create a new product, entrepreneurs must first determine the problems that their target market faces.
To learn more about product tracking technology entail refer to:
https://brainly.com/question/28155287
#SPJ1
What was the largest deduction for this pay period? ngpf
The largest deduction for a pay period is the B. Federal tax.
What is the Federal tax about?The Internal Revenue Service (IRS) levies a tax on the annual earnings of individuals, businesses, trusts, and other legal entities in the United States.
Wages, salaries, commissions, bonuses, tips, investment income, and certain types of unearned income are all subject to federal income taxes as part of a taxpayer's taxable income.
Individual federal income tax rates in the United States are progressive, which means that as taxable income rises, so does the tax rate. Federal income tax rates range from 10% to 37% and are levied at various income levels. Tax brackets are the income ranges to which the rates apply. Income in each tax group is taxed at the associated rate.
The complete question is given below.
Learn more about tax on:
https://brainly.com/question/25783927
#SPJ1
What was the largest deduction for a pay period?
Medicare Tax
Federal Tax
State Tax
Retirement
Knowledge Check 01
Intercontinental, Incorporated, uses a perpetual inventory system, Consider the following information about its inventory; August 1,
rchased 10 units for $910 or $91 per unit; August 3, purchased 15 units for $1,590 or $106 per unit; August 14, sold 20 units; August
17, purchased 20 units for $2,300 or $115 per unit; August 28, purchased 10 units for $1,190 or $119 per unit; August 30, sold 23 units.
Using FIFO, the cost of goods sold for the sale of 23 units on August 30 is
and the inventory balance at August 30 is
The cost of good sold is $2,255
The ending inventory is $1,765
What is the cost of goods sold and ending inventory?
FIFO is an inventory system in which the first inventory that is purchased is the first that is assumed to be sold. Ending inventory is made up of goods that are purchased last.
The 23 units sold on August 30 would be taken from the inventory purchased on August 3 and 17. This is because the goods sold on August 14 would be taken from the inventory purchased on August 1 and 3.
Cost of good sold = (5 x $106) + (15 x $115)
$530 + $1,725 = $2,255
Ending inventory = (5 x $115) + $1190 = $1,765
To learn more about FIFO, please check: https://brainly.com/question/294129
#SPJ1
The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico that took effect in 1994. It eliminated many tariffs and restrictions to allow free trade among these countries.
Discuss the positive and negative effects of the North American Free Trade Agreement on the United States. Support your conclusions with examples and evidence from the lesson.
The positive effects that Nafta had was that it
increased trade It brought better prices for goodsIncreased foreign investmentLed to raised output in the nationsThe negative effects of NAFTA were:
Mexico lost in the forms of farm jobsNations had to export the farm products below their exported costsWhat is NAFTA?This is the term that is used to refer to the North American free trade agreement that helped to establish free trade in the region between the member nations.
This helped in the removal of tariffs from all that had to do with trade in the North American region.
The positives were that it helped to bring about more economic opportunities for the members involved. They could trade more and better with themselves.
The negatives is from the fact that the exports that were made in some cases were a loss to the people that would export these products in the market at the time.
Read more on NAFTA here:
https://brainly.com/question/27372794
#SPJ1
the rational model of decision making is considered ______ in that it describes how managers should make decisions rather than how they actually make them.
Since the rational model of decision-making prescribes how managers should make decisions rather than how they really do, it is regarded as prescriptive.
Since the Instead of offering advice or summarizing what is done, a prescriptive approach entails telling individuals what they should do. rational model of decision-making outlines how rational model managers should make decisions rather than how they actually do, prescriptive it is seen as normative.
Instead than focusing on how managers actually make prescriptive decisions, a normative decision-making approach defines how they should make decisions and offers guidelines for achieving the best possible outcome for the organization.
A descriptive approach, however, focuses on how managers prescriptive actually make decisions as opposed to how they rational model should make decisions in accordance with a theoretical ideal.
Learn more about prescriptive here
https://brainly.com/question/9537464
#SPJ4
Fanning Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow:
Basco Boards Shimano Boards
Production costs
Direct materials $ 24.50 $ 37.00
Direct labor $ 30.50 $ 52.00
Allocated overhead $ 15.25 $ 19.00
Total units produced and sold 4,500 8,500
Total sales revenue $ 389,250 $ 1,062,500
Fanning allocates production overhead using activity-based costing. It allocates delivery expenses and sales commissions, which amount to $56,500 per quarter, to the two products equally.
Required
Compute the per-unit cost for each product.
Note: Do not round intermediate calculations round your answers to 2 decimal places.
Compute the profit for each product.
1) The per-unit cost for each product for Fanning Boards is as follows:
Basco Boards Shimano Boards
Per unit cost $76.53 $111.32
2) The profit for each product for Fanning Boards is as follows:
Basco Boards Shimano Boards
Profit per product $44,875 $116,250
What is the profit?The profit is the difference between the total sales revenue and the total cost for each product category.
What is the per-unit cost?The per unit cost is the quotient of the total costs divided by the total production and sales units for each product category.
Production costsBasco Boards Shimano Boards
Direct materials $ 24.50 $ 37.00
Direct labor $ 30.50 $ 52.00
Allocated overhead $ 15.25 $ 19.00
Total production costs per unit $70.25 $108.00
Total units produced and sold 4,500 8,500
Total delivery expenses and sales commission = $56,500
Total production costs per unit $70.25 $108.00
Total delivery costs per unit $6.28 $3.32
Total cost per unit $76.53 $111.32
Total sales revenue $ 389,250 $ 1,062,500
Total production costs $316,125 $918,000
Fixed costs: Delivery &
Sales Commission 28,250 28,250
Total costs $344,375 $946,250
Profit per product $44,875 $116,250
Learn more about profits at brainly.com/question/1078746
#SPJ1
Gary is opening a restaurant. Determine whether his costs are fixed or
variable. Use F for fixed and V for variable.
Takeaway boxes
Rent
Credit card bill
Ingredients
The cost will be:
Takeaway boxes - Variable cost
Rent - Fixed cost
Credit card bill - Variable cost
Ingredients - Variable cost
What are fixed cost?Fixed Costs are those costs that are immutable i.e they cannot be changed.
Variable Costs are those costs that change or vary with the rate of production. For example, if the production rate increases or decreases, they also increase or decrease. They are also known as a direct cost
Takeaway boxes - V This is because as production or demand increases takeaway boxes will also increase
Rent - F This is because whether production or demand increases or decreases, the rent remains the same
Credit card bill - V This is because as production or demand increases credit card bill will also increase
Ingredients - V This is because as production or demand increases demand will also increase
Read more on fixed cost here:
https://brainly.com/question/25109150
#SPJ1
a bond has a $1,000 par value, 12 years to maturity, and an 8% annual coupon and sells for $980. what is its yield to maturity (ytm)? round your answer to two decimal places
If a bond has a $1,000 par value, 12 years to maturity, and an 8% annual coupon and sells for $980. its yield to maturity (ytm) is 8.25%.
How to determine the yield to maturity?Given data :
Par = $1,000
N = 12
PMT = $1,000 x 8% = $80
Price = $980
Using this formula to determine or find the yield to maturity ( YTM)
YTM = PMT + (Par - Price )/ N ÷ (Par -Price )/ 2
Let plug in the formula
YTM = 80 + ( 1,000 - 980 )/ 12 ÷ ( 1,000 + 980) /2
YTM = 80 + ( 20 / 12 ) ÷ 1980 /2
YTM = 80 + 1.6666666667 ÷ 990
YTM = 81.6666666667 ÷ 990
YTM = 0.08249 ×100
YTNM = 8.25 (Approximately)
Therefore the 8.25% is the yield to maturity .
Learn more about yield to maturity here: https://brainly.com/question/26376004
#SPJ1
wheat is produced in a perfectly competitive market. if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will . increase; increase increase; decrease decrease; increase decrease; decrease increase; remain unchanged
In a case whereby wheat is produced in a perfectly competitive market if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will increase.
What is perfectly competitive market?Perfect competition can be described as the kind of competition that do take pace a s a result of how the companies sell identical products.
It should be noted that in this market, the companies can exit at any time they want and in this market the share does not influence price in the market because there are alot of the firms there.
Therefore option A is correct.
Read more about competitive market at:
https://brainly.com/question/4190313
#SPJ1
As wheat is produced in a perfectly competitive market, if market demand increases, the individual wheat farmer's marginal revenue will and his profit-maximizing rate of output will increase.
What is a perfectly competitive market?Perfect market competition refers to the type of market structure where all producers and consumers have proper and symmetric information about the market and product.
Perfect market competition has the features of a large number of buyers, a large number of sellers and all products are homogeneous.
Basically, the perfect competitive market occurs when all the companies sell identical or homogeneous products.
Learn more about perfectly competitive market here:-
https://brainly.com/question/13961518
#SPJ1
you open an investment account that earns a nominal interest rate of 3.1% per year. the current consumer price index is 205. in one year, the consumer price index is expected to go to 203. what is your expected real rate of return?
The expected rate of return is 4.08%. The right response is option D
Which projected return rate is ideal?
For long-term stock market investments, the majority of investors would consider an average annual rate of return of 10% or above to be a decent ROI. Just remember that this is an average. There will be years with reduced returns, or even negative returns.
The anticipated value of a financial investment's return is known as the expected return. It is a measurement of the random variable's distribution's centre, which is the return. Although the term "good" is arbitrary, many professionals believe that a good ROI for stock investments is 10.5% or higher. This figure serves as the industry standard because it represents the average return of the S&P 500, an index that measures the general health of the American stock market.
to learn more about return rate, click the linkshttps://brainly.com/question/14281182
#SPJ4
Correct Question - You open an investment account that earns a nominal interest rate of 3.1% in every year. The current consumer price index is 205. In one year, the consumer price index is expected to go to 203. What is your expected real rate of return?A) 7.12%B) 3.1%C) -0.98%D) 4.08%
Bree's Bait Shop is a successful store that specializes in highly effective fishing tackle. Bree has employed a high-tech computer
tracking system that allows her to separate her customers into two different groups of consumers with a differing willingness to
pay. Bree is interested in increasing her profits through price discrimination and approaches your marketing firm for advice.
Assuming her demand curve is downward sloping, you tell her there is one more crucial piece of information you must have in
order to advise her.
What do you ask Bree?
Are you currently producing where P = ATC?
What are your total costs?
What is your current price?
O Are you able to prevent the resale of your tackle?
Option (d) is the best choice. We ask Bree: Are you able to stop your tackle from being sold again?
What is pricing discrimination, and how does it help monopolies make more money?By maximizing total income, price discrimination often increases the monopoly firm's profit. Instead of setting a flat rate for all clients, a monopolist charges some customers additional prices. Price discrimination among clients with diverse needs helps reduce the danger of establishing a uniformly high price.
How can pricing discrimination boost revenue?An organization can sell at a significantly higher production thanks to price discrimination. It is therefore using its earlier spare capacity. This enables the company to use its manufacturing factors more effectively. Because of the higher output, the company is able to cut its long-term average costs and raise profits even more.
Learn more about Price discrimination: https://brainly.com/question/17272240
#SPJ1