Answer:
D. supply curve Upper S 3
Explanation:
A decrease in the wage rate of pizza makers will result in a movement from Point B to Point C on supply curve Upper S 2. This is because the decrease in production cost (with the wage rate falling) allows more pizza to be supplied at the same price.
The subject of your question relates to the supply curve within the field of Economics. A supply curve illustrates how the quantity of a good supplied by producers responds to a change in price. In this case, we are considering a decrease in the wage rate of pizza makers, which is a cost of production. According to the law of supply, if the cost of production decreases, it will cause an increase in the quantity supplied. Therefore, a decrease in the wage rate of pizza makers will move us from Point B to Point C on the same supply curve i.e. on supply curve Upper S 2. This is because Point C will represent a higher quantity of pizza being supplied at the same price, as lower wage rate improves the profitability of producing pizzas.
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Borrow $4,500.
Repay $5,500.
Repay $4,500.
Borrow $5,500.
Answer:
Borrow $19,500
Explanation:
The movement in the cash balance between the beginning an end of a period may be expressed as
opening balance + cash collection - cash disbursed = closing balance
As such, where the company has $11,000 cash at the beginning of June and anticipates $31,000 in cash receipts and $36,500 in cash disbursements during June, the expected closing balance
= $11,000 + $31,000 - $36,500
= $5,500
If the company is owing the bank $15,000 then the company would still owe
= $5,500 - $15,000
= ($9,500)
If the company is expected to maintain a balance of $10,000, the amount to be borrowed must be $10000 in excess of the amount owed the bank. Hence amount to be borrowed
= $10000 + $9500
= $19,500
B. premiums
C. risk expenditures
D. deductibles
Answer:
The answer is B.
Explanation:
A premium is the money a business or an individual pays for an insurance policy or it is the price of an insurance policy. They are many policies individuals or businesses can buy and they include healthcare insurance, home insurance, auto insurance, life etc.
Premium can be paid monthly, quarterly, semi-annually or yearly.
The premium paid by a business or an individual is income for the insurance company. Businesses or individuals pay premium in advance. While premium paid in advance is an asset to the business or individual at initiation, it is a liability to the insurance company.
Answer:
The correct answer is letter "B": premiums.
Explanation:
Insurance premiums are the payments individuals make to companies providing policies for the coverage of health care, vehicles, and home. Once an individual enrolls for insurance earns the obligation of making payments to the insurance company so they can render the services agreed on the policy. Premiums are calculated according to the risk of the insured in using the coverage and are paid on a regular basis or in a lump sum.
Activities not on the critical path cannot become critical after crashing.
Crashing shortens the project duration by assigning more resources to one or more of the critical tasks.
Crashing a project often reduces the time it takes for lengthy or complex, but noncritical activities.
Answer:
The correct answer is letter "A": Crashing is not possible unless there are multiple critical paths.
Explanation:
Project crashing is a technique used to reduce the duration of a project to the least amount of extra cost by decreasing one or more critical activities. All of this is usually arranged in multiple entry charts where each critical activity receives the name of "critical path". It is imperative to have several critical paths so the crashing can be the most effective possible.
Answer:
The correct answer is letter "D": illegal.
Explanation:
Blockbusting is the illegal practice by which real estate brokers spread the word among homeowners of a given area that the price of their properties is undervalued because of any false reason made up by the broker in an attempt of having owners to sell their houses so the broker can have more listings.
As a result of blockbusting, the price of houses decline. The license of brokers engaged in this activity is subject to disciplinary action.
Answer:
operating income increase by 30,413 dollars
Explanation:
We will calculate the income as usuall revenues - expense
We aren't given with other manufacturing cost so we assume this are all the cost involved in the order:
Special Order Revenue: 230 trees at $160 each: 36,800
Special Order Cost:
mold cost: 5,000
variable cost: 230 trees x 6.03 dollars = 1,387
Total cost for the order: 6,387
Financial outcome: 36,800 - 6,387 = 30,413
The special order from the local shopping mall would increase the Faux Trees Company's operating income by $22,413.10.
To determine the change in the operating income due to this special order, we must first calculate the total revenue and total costs associated with the order. The total revenue can be calculated as the product of the offered price per tree ($160) and the number of trees ordered (230), which equals $36,800.
The total cost is the sum of the initial investment for the molds ($5000), plus the variable cost per tree ($6.03) multiplied by the number of trees (230), which equals $6386.90.
So, the change in operating income, or profit, due to this special order can be found by subtracting the total costs ($6386.90 + $5000) from the total revenue ($36800). In this case, the special order would increase the company's operating income by $22,413.10.
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