The NPV break-even level of unit sales for the Mini-Max Company's new prospective project is approximately 84 units.
To calculate the NPV break-even level of unit sales, we need to determine the level of unit sales at which the net present value (NPV) of the project becomes zero.
The formula for NPV is:
NPV = PV of cash inflows - PV of cash outflows
To find the PV of cash inflows, we need to multiply the price per unit by the number of units sold and discount it to present value using the discount rate.
PV of cash inflows = (Price x Units sold) / (1 + Discount rate)^n
Where n is the year in which the cash inflow occurs.
To find the PV of cash outflows, we need to add up the initial investment, fixed costs, variable costs, and depreciation over the project life and discount it to present value using the discount rate.
PV of cash outflows = (Initial investment + Fixed costs + Variable costs x Units sold + Depreciation) / (1 + Discount rate)^n
The break-even level of unit sales occurs when NPV is zero. So we need to solve for units sold in the following equation:
0 = PV of cash inflows - PV of cash outflows
Substituting the given values and solving for units sold, we get:
0 = (8 x Units sold) / (1 + 0.12)^1 + (8 x Units sold) / (1 + 0.12)^2 + (8 x Units sold) / (1 + 0.12)^3 + (8 x Units sold) / (1 + 0.12)^4 + (8 x Units sold) / (1 + 0.12)^5 - (700 - 140) / (1 + 0.12)^1 - 200 / (1 + 0.12)^1 - (3 x Units sold) / (1 + 0.12)^1 - (3 x Units sold) / (1 + 0.12)^2 - (3 x Units sold) / (1 + 0.12)^3 - (3 x Units sold) / (1 + 0.12)^4 - (3 x Units sold) / (1 + 0.12)^5
Simplifying the equation, we get:
0 = 8 [(Units sold / 1.12) + (Units sold / 1.2544) + (Units sold / 1.4049) + (Units sold / 1.5749) + (Units sold / 1.7669)] - 354.29 - 119.87 Units sold
Solving for units sold using trial and error or a spreadsheet, we get:
Units sold = 84.2
Therefore, the NPV break-even level of unit sales is approximately 84 units.
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1. Which is the common factor of 24 and 32?
D. 32
D. 28
D. 19
A 8
B. 16
C. 24
2. What is the greatest common factor of 14 and 567
A7
B. 14
C. 21
3. What is the greatest common factor (GCF) of 16 and 24?
A. 6
B.8
C. 12
4. Which of the following is the greatest common factor of 28 and 367
A. 4
B.7
C. 8
5. The following numbers are common factors of 28 and 56 except?
A. 7
B. 14
C. 8
6. What is the Least Common Multiple (LCM) of 7 and 87
D.9
D. 28
A. 56
B. 68
C. 84
D. 146
7. What is the least common multiple of 6 and 147
A. 42
B.54
C.76
D.84
8. What is the least number of carpenters that an engineer must hire If he wants to
arrange them in groups of 4, 5, 6 with no left over?
A. 120
B.150
C.60
D.240
9. During a car race, two competitors will stop to fill up the fuel tank. One does it
every 4 laps, and the other every 5 laps. If they travel at the same speed, how
many laps will they meet again at the fuel station?
A. 16
B. 20
C.25
D. 30
10. What is the least common multiple (LCM) of 12 and 14?
A. 54
B. 68
C. 84
D. 146
please answer me please
Answer:65
Explanation:
Answer:
8
Explanation:
Mechelle has a life estate in a property in rural Maine. Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property. Mechelle is allowing what to happen
The scenario that's illustrated regarding the property in this case is improper dominion.
What is dominion?It should be noted that in law, dominion simply means the right to control the ownership of a a property.
In this case, since Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property, this illustrates improper dominion.
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Longbow Lumber is purchasing a new horizontal resaw at a cost of $375,000. There is an additional $10,000 delivery and installation cost. The machine has a capital cost allowance (CCA) rate of 20%. What is the incremental undepreciated capital cost (UCC) for year 2?
A.) $346,500
B.) $385,000
c.) $337,500
d.) $192,500
e.) $375,000
To calculate the incremental undepreciated capital cost (UCC) for year 2, we need to determine the UCC for year 1 and then subtract the CCA for year 1 to find the UCC for year 2.
First, we need to calculate the initial UCC, which is the total cost of the asset:
Total cost = Cost of horizontal resaw + Delivery and installation cost
Total cost = $375,000 + $10,000
Total cost = $385,000
Next, we need to calculate the CCA for year 1:
CCA for year 1 = Initial UCC x CCA rate
CCA for year 1 = $385,000 x 20%
CCA for year 1 = $77,000
Now we can calculate the UCC for year 1:
UCC for year 1 = Initial UCC - CCA for year 1
UCC for year 1 = $385,000 - $77,000
UCC for year 1 = $308,000
Finally, we can calculate the UCC for year 2:
UCC for year 2 = UCC for year 1 - CCA for year 2
UCC for year 2 = $308,000 - ($385,000 x 20%)
UCC for year 2 = $308,000 - $77,000
UCC for year 2 = $231,000
Therefore, the answer is (d) $192,500.
heavy dream is best.
agree
or
no agree
Answer:
Agree
Explanation:
Answer:
agree
Explanation:
both terms of this would be true
as a result of poor delivery performance by a supplier of high quality metal components, jim houser, purchasing agent at milton toy company, plans to consider a possible change in suppliers. this provides an illustration of: a. a modified rebuy. b. a straight rebuy. c. routinized problem solving. d. selective perception. e. the backlash effect.
Jim Houser, a purchasing agent at Milton Toy Company, intends to think about a potential supplier switch as a result of a supplier of high quality metal components' subpar delivery performance. This serves as an example of a modified rebuy.
What approaches are suitable for an out supplier to take in a modified rebuy scenario?Offering performance guarantees is one tactic that might be appropriate for a "out" supplier to use when dealing with a modified rebuy scenario. urging the organization to try the company's product. Identifying and addressing the issue the company has with the current provider.
Who influences the purchasing choice by offering data for the assessment of alternatives or by establishing purchasing requirements?The job of an influencer is played by those who provide information for the evaluation of alternatives or who establish the criteria for a purchase.
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Creating a Business Plan - Basics Math Quiz
QUESTION 5 of 10: Your business plan calls for delivering 6,000 haircuts in year 3. If one stylist works 250 days per year and does 5 cuts
per day, how many stylists will you need?
The 5 stylists to deliver 6,000 haircuts in year 3 assuming each stylist works 250 days per year and does 5 cuts per day.
To determine the number of stylists use the following calculation:
Total haircuts required in a year = Haircuts per day × Days per year
Given:
Haircuts per day = 5 cuts
Days per year = 250 days
Total haircuts required in year 3 = 6,000 haircuts
calculate the number of stylists needed:
Total haircuts required in a year = Haircuts per stylist per day × Days per year × Number of stylists
to solve for the Number of stylists.
6,000 haircuts = 5 cuts per stylist per day × 250 days × Number of stylists
Dividing both sides by (5 cuts per stylist per day × 250 days),
Number of stylists = 6,000 haircuts / (5 cuts per stylist per day × 250 days)
Number of stylists = 6,000 / (5 × 250)
Number of stylists = 6,000 / 1,250
Number of stylists ≈ 4.8
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Items that are used in the production of an item but are not necessarily the primary items being processed are recorded as
The items that are used in production but are not necessarily primary items are known as Supplies inventory.
What are supplies inventory?Supplies are items that are used in production to help in the production of the final good.
They are not however used to produce the primary good which means that they are not processed as primary items. They simply help the primary good to be produced.
In conclusion, these are supplies inventory.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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Who is Jake from Statefarm??
Answer:
my baby daddy.
Explanation:
I forgot to take the pill :(
Answer:
god
Explanation:
jake from state farm is god. *period*
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are customers paying early or late? Base your answer on this equation: DSO - Credit Period = Days early or late, and use a 365-day year when calculating the DSO. A positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91
Answer:
b. 22.38
Explanation:
The credit period to pay for merchandise is 45 days, sales for last year = $325,000, therefore sales/day (daily sales) = $325,000/365 = $890.41
Year-end receivables = $60,000
Company DSO = Year-end receivables/ daily sales = $60000/$890.41 = 67.38
The difference between the Company DSO and credit period determines if the payment is early or late. A positive answer indicates late payments, while a negative answer indicates early payments.
Therefore, Company DSO - credit period = 67.38 - 45 = 22.38
Since the difference is positive, it is a late payment
what occurs when the free market is not able to allocate resources and goods and services efficiently
Answer: Market failure
Explanation:
When the free market is not able to allocate resources and goods and services efficiently, this situation is referred to as market failure.
Market failure brings about disequilibrium in the market as the quantity supplied and the quantity demanded aren't in equilibrium anymore as there's market distortion. It takes place when the quantity of good. The distortion may be as a result of monopoly power.
Most agree that attempts to control healthcare costs too often have either modest or no success. Other countries have managed to control costs by limiting or rationing some services. Other attempts to control costs involve reducing payments to doctors and providers. Finally, attempts to address demographic and behavioral factors have had mixed success. Finding a way to change our culture of health and finding transformative approaches to rethinking our health care system remain key challenges facing the health sector. Describe one option to reduce healthcare costs that you believe would be most practical and would not reduce value or standards of care.
One practical option to reduce healthcare costs without compromising value or standards of care is to focus on preventive healthcare measures.
By promoting and investing in preventive care, such as regular check-ups, screenings, and healthy lifestyle programs, the healthcare system can address health issues at an early stage and prevent the development of more complex and costly conditions.
Capitation investing in preventive healthcare measures can have significant long-term cost savings by reducing the burden of chronic diseases and expensive treatments. By encouraging individuals to adopt healthier lifestyles and providing access to preventive services, healthcare providers can detect and address health issues before they escalate into more severe conditions that require costly interventions. This approach can lead to early intervention, timely treatment, and improved health outcomes.
Furthermore, preventive care can help shift the focus from reactive, episodic care to proactive, holistic care. It involves promoting healthy behaviors, disease prevention, and health education, which can lead to reduced healthcare utilization and costs over time. Additionally, investing in preventive care can improve population health, increase productivity, and decrease the overall demand for healthcare services.
By prioritizing preventive healthcare, healthcare systems can allocate resources more efficiently, reduce the need for expensive treatments, and create a culture of health and well-being. This approach emphasizes the importance of proactive care, health promotion, and early detection, ultimately resulting in better health outcomes and sustainable cost reductions in the long run.
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What happens to the equilibrium price and equilibrium quantity when demand and supply increase simultaneously, but the relative size of the shifts are not known?.
When both the demand and supply increase simultaneously, the equilibrium quantity will increase whereas the equilibrium price will be unknown.
An increase in demand leads to an increase in both the equilibrium quantity and equilibrium price, it is because it leads to more people buying the particular product as of increased demand which means a higher quantity will be sold as an increase in equilibrium quantity as more people are buying the price will go up leading lead to the higher equilibrium price. Similarly, an increase in supply leads to a decrease in equilibrium price and an increase in equilibrium quantity because more supply of goods is done to the market with the expectation of a rise in quantity and the price fall, So when both the supply and demand increase, the equilibrium price could go up, down, or stay the same, can't be determined but the equilibrium quantity goes u
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a change that is made in response to arising problems or opportunities is called __________.
Discuss about the main types of fish available in Nepal.
Answer:
There are many types of fish in nepal but and seven of the major types are:-Mola carplet (Amblypharyngodon mola)
Mola carplet (Amblypharyngodon mola)Bighead carp
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morar
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morarBarred baril
Barnaby baril
Hamilton's barila
Explanation:
I am sure to will get 6 marks out of 6 marks if you submit this answer!
_____ refer(s) to a decision bias influenced by the way in which a problem or decision alternative is phrased or presented
Framing effect refer(s) to a decision bias influenced by the way in which a problem or decision alternative is phrased or presented.
The framing effect is a cognitive bias where people's choices are influenced by the way options are presented to them. It occurs when people react differently to a choice depending on how it is framed or presented. For example, the same decision can be presented as a gain or a loss, and people tend to be more risk-averse when it is framed as a loss, and more risk-seeking when it is framed as a gain.
The framing effect can be influenced by various factors such as the context, the language used, and the presentation format. Understanding the framing effect can help individuals make more rational decisions by being aware of the way choices are presented to them.
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A project has an initial cost of $80,000 and a 3-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,200, $2,300, and $2,800 a year for the next 3 years, respectively. What is the average accounting return? 5.25 percent 5.35 percent 5.45 percent 5.56 percent
Answer:
5.25%
Explanation:
The computation of the average accounting return is shown below:
Average accounting return is
= Average net income ÷ average initial cost
where,
Average net income is
= ($1,200 + $2,300 + $2,800) ÷ 3 years
= $2,100
And, the average initial cost is
= $80,000 ÷ 2
= $40,000
So , the average accounting return is
= $2,100 ÷ $40,000
= 5.25%
Hence, the average accounting return is 5.25%
What does qualitative research and quantitative research means?
Answer:
Quantitative research is expressed in numbers and graphs. It is used to test or confirm theories and assumptions. This type of research can be used to establish generalizable facts about a topic.
Common quantitative methods include experiments, observations recorded as numbers, and surveys with closed-ended questions.
Qualitative research
Qualitative research is expressed in words. It is used to understand concepts, thoughts or experiences. This type of research enables you to gather in-depth insights on topics that are not well understood.
Common qualitative methods include interviews with open-ended questions, observations described in words, and literature reviews that explore concepts and theories.
Answer:
Qualitative research involves collecting and analyzing non-numerical data (e.g., text, video, or audio) to understand concepts, opinions, or experiences. It can be used to gather in-depth insights into a problem or generate new ideas for research.
Quantitative research is a research strategy that focuses on quantifying the collection and analysis of data.
"XYZZ ADR represents 10% of the value of an XYZZ ordinary share. The ordinary shares trade on the London Stock Exchange, where the current price is 400 British Pounds (BP). The current exchange rate for the British Pound against the U.S. Dollar is $1.40. The ordinary share pays an annualized dividend of 12 BP, with payment made semi-annually. The XYZZ ADR is listed on the NYSE. If a customer places an order to buy $560,000 of the ADR on the NYSE, how much will the customer receive in each dividend payment?"
Answer:
$8,400
Explanation:
XYZZ ADR = 10% XYZZ ordinary share
Current price of ordinary shares trade = 400 British pounds
Pounds rate against the dollar = $1.40
Annualized Dividend pay = 12 pounds paid semianually
Dividend to be received on the purchase of $560,000 worth of ADR
Therefore ;
To calculate worth of XYZZ ADR
Dollar value of £400
400 * 1.4 = $560
10% of $560 = 10* 560 = $56 per ADR
Therefore, semiannual Dividend payed :
£12 / 2 = £6 every 6 months ; which is equivalent to (£6 * 10%) = £0.6 per ADR
Equivalent dollar value :
0.6 * $1.4 = $0.84 per ADR
AMOUNT OF ORDER TO BE PLACED / price per ADR
$560,000 / $56 = 10,000 shares
Dollar value of Dividend payed per share = $0.84
Dividend customer will receive :
10,000 * $0.84 = $8,400
A company is just getting started and needs new equipment but does not have a larhe amount of cash since the company business will also require frequent updating of the equipment it is better to the equipments
Answer:
Lease
Explanation:
A company is just getting started and needs new equipment but does not have a large amount of cash since the company business will also require frequent updating of the equipment it is better to lease the equipment.
It is best to lease the equipment when a business is just getting off the ground and requires new equipment but does not have a lot of cash on hand because the equipment will need to be updated frequently for the business.
The conditions under which one party agrees to rent an asset—in this case, property—owned by another party are outlined in a lease. It ensures the tenant, also known as the lessee, has access to the property and, in return, assures the lessor of monthly payments for a predetermined duration. If either party violates the contract's conditions, there will be repercussions for both the lessee and the lessor. A type of incorporeal right is a lease.
The details of rental agreements for real estate, as well as for real and personal property, are outlined in leases, which are legally enforceable contracts. These contracts are binding by both parties and contain obligations for each party to carry out and uphold the agreement.
Although not all leases are created equally, they all share key characteristics. These include the rent payment amount, the rent payment due date, and the lease expiration date. Before inhabiting the property, the tenant must sign the lease, indicating their agreement to its terms.
The majority of residential leases are uniform and have the same conditions for all tenants. Contrarily, commercial property leases are typically arranged according to the specific lessee and normally last between one to ten years, with larger tenants frequently having longer, more complicated lease arrangements.
Beyond residential leases, tenants who rent commercial buildings can choose from a number of lease forms, all of which are designed to place more responsibility on the tenant and increase the landlord's upfront profit.
In some commercial leases, the tenant is required to pay rent along with the landlord's operating expenses, whereas in other leases, the tenant is required to pay rent along with real estate taxes and insurance.
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who was the 20th president
Answer:
Of what country? Philippines or US or what??
Answer:
Kuroo Here!
Explanation:
It was James A. Garfield
Hope This Helps!! (^ '--')
When investors give computer instructions to sell automatically to avoid potential losses if their stock price dips to a certain point, it is called
When investors give computer instructions to sell automatically to avoid potential losses if their stock price dips to a certain point, it is called program trading.
What is program trading?Program trading is what create space or time for multiple trades to occur simultaneously.
It is an automated process that gives instructions to computers to sell when price of a stock goes down to prevent loss.
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On april 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for april legal services was made by the company on may 12. Prepare the required adjusting entry, if any
Answer:
On April 30,
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
On May 12,
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
Explanation:
Okay here the attorney fee is the legal fee expense that was accrued in April and must accounted for as accrued expense. The accounting entry would be increase in payables (Credit) and expense (Debit) as well.
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
Now on May 12, the company paid the expense which means that the legal fee payable was reduced to zero (Reduction in liabilities is always debited) and the cash is also reduced by $3500 (Asset reduction is always credited).
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
Job vs Process
Costing
a. What is the difference between job and process costing?
b. For each of the following businesses, indicate whether job or
process costing would be more appropria
Job costing and process costing are two approaches to accounting for the costs of producing a product or service. The following are the differences between job and process costing:Job costing is used when each product is unique, such as a building or a ship, while process costing is used when items are indistinguishable from one another and are produced in a batch, such as sugar or flour.
Job costing and process costing are two different costing methods employed by firms. While Job costing is employed for production with many different items, Process costing is used for production with just one item or identical items in bulk. The main differences between job and process costing are based on their nature and focus. While job costing is used to trace costs for a specific job, process costing tracks costs for the entire production cycle. It's also important to note that job costing involves high monitoring and tracing costs, whereas process costing is not.
Process costing involves the calculation of average costs across the production cycle. For each of the following businesses, job or process costing would be more appropriate:A construction company that builds unique buildings and structures would be best suited for job costing since each building and structure is unique, and production costs for each job can be monitored. A paper manufacturer that produces large quantities of paper products of identical quality would be best suited for process costing, which helps to calculate the costs involved in producing each unit.
In conclusion, Job costing and process costing are essential tools for firms to measure the production costs of their products. While job costing is used for unique items, process costing is used for bulk production of identical items. These two techniques assist firms in determining the exact costs of their products. It's crucial to know which one is best for your business, as it will have a direct effect on your decision-making process.
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A startup company has invented a new IoT device and stored the design documents on an internal network share. Which of the following types of data are they trying to protect?a. PIIb. PHIc. IPd. PCI
The correct option is A, PII (Personally Identifiable Information) types of data are they trying to protect.
Information refers to any data or knowledge that has been processed and organized to provide meaning, context, and value to its intended audience. This can include facts, statistics, news, opinions, ideas, and insights, among other things.
Information can be transmitted in various forms, such as written or spoken language, images, symbols, or codes, and can be stored and accessed through various media, such as books, newspapers, computers, or the Internet. Information plays a crucial role in human communication, decision-making, and problem-solving. It enables people to learn, share, collaborate, and innovate and helps to create and sustain social, economic, and cultural systems.
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oblem 5 Carrol Smith transfers building with an adjusted basis of $400,000 and fair market value of $450,000 to a newly formed corporation in exchange for 100 percent of stock. Carrol owes $425,000 to the mortgage company and corporations assumes the morggage. Determine Smith's recognized gain and his basis for his stock.
Carrol Smith's recognized gain in the exchange is $50,000, which is the difference between the fair market value of the building ($450,000) and its adjusted basis ($400,000).
In this scenario, Carrol Smith transfers a building with an adjusted basis of $400,000 and a fair market value of $450,000 to a newly formed corporation in exchange for 100 percent of the stock. As a result of this transaction, there are two components to consider: the recognized gain and the basis for the stock.
The recognized gain is calculated by subtracting the adjusted basis of the building from its fair market value. In this case, the recognized gain is $50,000 ($450,000 - $400,000). This gain represents the taxable amount that Carrol Smith must report.
Regarding the basis for the stock received, it is determined by the amount of debt assumed by the corporation. Carrol owes $425,000 to the mortgage company, and the corporation assumes this debt as part of the exchange. Therefore, Carrol's basis for the stock is equal to the amount of the debt assumed, which is $425,000.
It's important to note that recognized gain and basis calculations may vary depending on the specific tax regulations and any additional factors involved in the transaction. Consulting a tax professional or reviewing the relevant tax laws is recommended for accurate and comprehensive analysis.
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What is NOT an advantage of being an entrepreneur?
Answer: Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business
Answer:
The advantages of entrepreneurship include the ability to shape one's own business, control of one's own working habits, and significant stock in the venture. Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business.
Explanation:
Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
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The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck
_____ variation is a variation whose cause can be identified. multiple choice theoretical random controllable statistical assignable
Assignable variation is a variation whose cause can be identified.Assignable variation refers to a type of variation in a process or system where the cause of the variation can be identified and attributed to specific factors.
It implies that the variation is not due to random chance or natural variability, but rather it can be traced back to controllable or identifiable sources. This type of variation is often seen as an opportunity for improvement since identifying and addressing the root cause can help reduce or eliminate the variability, leading to more consistent and predictable outcomes. Statistical tools and analysis are commonly used to identify and manage assignable variation.
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