Answer: QUESTION 1. 2 Question 2 no QUESTION 3 MAYABE QUESTION 4 I MAY DECRATE ASHCETIC LIKE QUESTION 5 HELL YES QUESTION 6 I WOULD KEEP IT
Explanation:
Answer:
She should subtract the lowest unit of the product produced at a particular time of the day from the highest unit of the product produced at another time of the day
Explanation:
Range is calculated by subtracting the lowest output at a given time of the day from the highest output at another time of the day
Answer:
The actual usage of materials was less than the standard allowed.
Explanation:
Based on these variances, one could conclude that the actual usage of materials was less than the standard allowed because the Company planned to produce 3,000 units of its single product during November in which the standards for one unit of the product specify six pounds of materials at $0.30 per pound but at the end the Actual production in November was 3,100 units instead of 3,000 unit which was planned .
Therefore Materials quantity variance = (AQ - SQ) SP.
A favorable materials quantity variance can occurred in a situation where the actual usage of materials was less than the standard allowed which is AQ < SQ.
Answer:
The firm will sell 600 units at $20
Explanation:
Giving the following information:
d = annual demand for a product in units
p = price per unit
d = 800 - 10p
p must be between $20 and $70.
Elastic demand
We have to calculate how many units the firm will sell at $20
d=800-10*p=800-10*20= 600 units
Answer:
Explanation:
The firm can sell 800 - (10 * 20) = 600 units at the $20 per-unit price.
The firm can sell 800 - (10 * 70) = 50 units at the $70 per-unit price.
Store Travel Time Each Way Price of a Dress
(Minutes) (Dollars per dress)
Local Department Store 15 102
Across Town 30 87
Neighboring City 60 63
Juanita makes $58 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $58 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.
Store Opportunity Cost of Time Price of a Suit Total Cost
(Dollars) (Dollars per suit) (Dollars)
Local Department Store 103
Across Town 88
Neighboring City 63
Assume that Juanita takes opportunity costs and the price of the suit into consideration when she shops. Juanita will minimize the cost of the suit if she buys it from the:______. .
1. The opportunity cost and total cost table is shown in the attached image below. 2. Juanita will minimize the cost of the dress if she buys it from the: Neighboring City.
The value of the next best alternative foregone when a decision is made to opt for resources like time, money, or effort to a certain option is known as opportunity cost. In other words, it is the cost of choosing one choice over another while considering the benefits and drawbacks of both options.
As there are only so many resources available, selecting one choice frequently implies forgoing its advantages. It's a manner of approaching decision-making that considers both the advantages and disadvantages of various options
Learn more about opportunity cost here:
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The complete question might be:
Determining opportunity cost Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $103 for the dress: Juanita makes $16 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $16 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.
1.Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.
2. Assume that Juanita takes opportunity costs and the price of the dress into consideration when she shops. Juanita will minimize the cost of the dress if she buys it from the :______.
b. encounter—where the newcomer learns what the organization is really like; and
c. change and acquisition—where members master important tasks and roles.
d. This process can be achieved through a variety of processes and tactics.
e. This exercise will challenge your understanding of some of the characteristics of these tactics and processes.
Answer: The correct answers are "a. anticipatory socialization—those activities that take place prior to the first day on the job;", "b. encounter—where the newcomer learns what the organization is really like;" and "c. change and acquisition—where members master important tasks and roles.".
Explanation: The 3 steps or phases of the organizational socialization process are:
1) Anticipatory socialization: those activities that take place prior to the first day on the job;
2) Encounter: where the newcomer learns what the organization is really like;
3) Change and acquisition: where members master important tasks and roles.
Answer: it reduces the supply of loanable funds which raises the interest rate
Explanation: Contractionary monetary policy is a monetary policy that reduces the supply of money and increases interest rates and is carried out by the Fed through selling of bonds. This reduces the supply of loanable funds and increases the interest rate. It is driven by increases in the various base interest rates with a goal to reduce inflation by limiting the amount of active money in circulation.