a. "the life expectancy of this brand of tire is the random variable in this experiment."
In probability and statistics, a random variable is a variable whose possible values are outcomes of a random phenomenon. In this scenario, the life expectancy of a particular brand of tire is a random variable because it is a numerical value that varies from tire to tire and can take on different values based on chance.
The normal distribution and the value of 40,000 miles are not the random variable themselves, but rather the distribution and the expected value of the random variable.
The normal distribution is used to model the distribution of the random variable, while the mean of 40,000 miles is the expected value of the random variable based on the given information.
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Which is considered a tertiary source?
A.) A Wikipedia article
B.) An autobiography
C.) A government record
D.) A journal entry
Answer:
A Wikipedia article.
Explanation:
A tertiary source are sources that compile info from other sources.
Answer:
B. An autobiography
Explanation:
It's a 3rd person source
Big Brothers, Inc. Borrows $171,989 from the bank at 7. 22 percent per year, compounded annually, to purchase new machinery. This loan is to be repaid in equal annual installments at the end of each year over the next 10 years. How much will each annual payment be? USING EXCEL
The annual payment using Excel, we can use the PMT function. PMT stands for Payment and is used to calculate the periodic payment for a loan or investment based on constant payments and a constant interest rate.
Here's how to use Excel to calculate the annual payment for this loan:
Open a new Excel worksheet and enter the following values in cells A1 to A4:
A1: Loan amount = -$171,989 (Note the minus sign to indicate a cash outflow)
A2: Interest rate per year = 7.22%
A3: Number of years = 10
A4: Compounding frequency = 1 (annually)
In cell A5, enter the following formula to calculate the annual payment:
=PMT(A2/A4,A3*A4,A1)
The PMT function takes three arguments:
Rate: The interest rate per period. Since our interest rate is per year and our compounding frequency is also per year, we divide the annual interest rate by the compounding frequency to get the periodic interest rate. In this case, we divide 7.22% by 1 to get a rate of 7.22%/1 = 0.0722.
Nper: The total number of payment periods. Since the loan is to be repaid over 10 years with annual payments, the total number of payment periods is 10*1 = 10.
Pv: The present value or loan amount. Since the loan amount is $171,989 and it is a cash outflow, we enter -$171,989 as the present value.
Press Enter, and Excel will calculate the annual payment to be $28,176.59. This means that Big Brothers, Inc. will have to make annual payments of $28,176.59 at the end of each year for the next 10 years to repay the loan.
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_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity
Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
how can a business meet customer needs
Carl's monthly take-home pay is $2,000 and his monthly rent is $500 if both his monthly take-home pay in his rent increase $100 what percentage of Carl's take-h...
Answer: 28.6%
Explanation:
he _____ includes activities such as order transmission, order receipt, order processing, order preparation (picking and packing), and order shipment.
The order-to-cash process is made up of activities such as order transmission, order receipt, order processing, order preparation, etc.
What is order to cash?Order to cash which is known as OTC or O2C is described as a method that includes a set of business processes that entails the receiving and fulfilling customer requests for a specific goods or services.
The order-to-cash process is made up of all steps from when a customer is said to place to the time the order is paid.
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bellue incorporated manufactures a single product. variable costing net operating income was $96,300 last year and its inventory decreased by 2,600 units. fixed manufacturing overhead cost was $1 per unit for both units in beginning and in ending inventory. what was the absorption costing net operating income last year? multiple choice $2,600 $93,700 $96,300 $98,900
The absorption costing net operating income last year was $93,700. The correct option is B).
Absorption costing includes fixed manufacturing overhead costs in the product cost, while variable costing does not. Since the inventory decreased by 2,600 units, this means that 2,600 more units were sold than produced during the year.
To calculate the absorption costing net operating income, we need to add the fixed manufacturing overhead cost per unit to the variable costing net operating income and then subtract the change in fixed manufacturing overhead cost in inventory.
Fixed manufacturing overhead cost per unit = Total fixed manufacturing overhead cost / Total number of units produced
= $1 per unit
Absorption costing net operating income = Variable costing net operating income + (Change in fixed manufacturing overhead cost in inventory x Fixed manufacturing overhead cost per unit)
= $96,300 + (-2,600 x $1)
= $93,700
Therefore, the correct answer is option (b) $93,700.
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What are two examples of how Josie, a business owner, can help support her community and their local events?
A. Through volunteerism and sponsorship
B. Through online reviews and creativity
C. Through free marketing and word-of-mouth
D. Through managing expectations and conflict resolution
Two examples of how Josie, a business owner, can help support her community and their local events are A) Through volunteerism and sponsorship.
What are volunteerism and sponsorship?Volunteerism and sponsorship are two examples of how a business owner can support their community and local events.
Volunteerism can take any of the following forms:
Actively seeking volunteer opportunities in the communityParticipation in community projects, like reforestation and cleaning up beachesCommitting to providing assistance and sustaining the commitments.The benefits that accrue from volunteerism include:
Making a differenceMeeting peopleBeing part of a communityLearning new skillsGaining self-confidenceTaking on different challenges.Sponsorship involves providing support, physical, moral, financial, and otherwise, to ensure the successful completion of the projects of a community or organization.
Thus, two examples of how Josie, a business owner, can help support her community and their local events are A) Through volunteerism and sponsorship.
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At the end of 20 years, an initial investment of $10,000 grows to $51,551.70. Use the continuous compounding formula to determine the annual rate of return. Write your answer in decimal form rounded to three decimal places. Do NOT convert your answer to a percentage.
Answer:
6
Explanation:
The annual rate of retutn is 0.823.
What is compoud interest?
The mathematical formula for calculating compound hobby, A=P(1+r/n)^nt.Compound interest genuinely approach earning hobby in our savings, and also, in the end, at the hobby that those savings earn.continuously compounded interest way that an account stability is continuously incomes hobby, in addition to refeeding that interest lower back into the balance so that it, too, earns.
continuous compounding is similar in idea to annual compounding, besides the compounding intervals are infinitely small. even though the yearly compounding system can be without difficulty changed to accommodate smaller durations.
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Businesses get paid for the value it delivers through its business model. True or False?
True. Businesses get paid for the value they deliver through their business model.
The business model is the blueprint that outlines how a company creates, delivers, and captures value. It defines how a business generates revenue by providing products or services that fulfill customer needs and solve their problems. When a business effectively delivers value to its customers, it can charge a price that reflects that value. This allows the business to generate revenue and sustain its operations.
In conclusion, businesses do get paid for the value they deliver through their business model.
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Jenna supervises a group of employees who are highly trained and
motivated. Based on this information, which type of management style
should Jenng employ?
A. Directing
B. Supporting
C. Delegating
D. Coaching
SUBMIT
Answer: C. Delegating
Explanation:
With a delegating management style, the manager simply assigns projects and duties to their subordinates and gives them the freedom to carry out those tasks the way they see fit.
This is best used when the employees are very skilled and motivated. Their skill will enable them to get the job done and their motivation means that they do not have to be followed up constantly to get the job done.
Answer:
DELEGATING
Explanation:
d
e
l
e
g
a
t
i
n
g
in terms of segmentation strategies by ethnicity, creating a single campaign that incorporates insights from various multiple ethnic groups tends to work better in today's market. true false
True. Creating a single campaign that incorporates insights from multiple ethnic groups tends to work better due to the increasing diversity and interconnectedness of consumer demographics.
In today's globalized and diverse marketplace, brands are recognizing the importance of inclusivity and cultural sensitivity. Rather than solely relying on segmentation strategies by ethnicity, creating a single campaign that embraces the insights and values of multiple ethnic groups has proven to be more effective. This approach acknowledges the diverse backgrounds and experiences of consumers, avoids potential pitfalls of exclusion or stereotyping, and fosters a sense of inclusivity and relatability.
It recognizes that consumers are not limited to a single ethnic group and that cultural identities can intersect and overlap. By incorporating insights from various ethnic groups, brands can tap into universal values while also respecting and celebrating the unique aspects of different cultures. This approach not only expands the reach of the campaign but also demonstrates a commitment to diversity and inclusivity, which can resonate positively with a wide range of consumers.
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Who has a tw octane on rocket leage?
Answer:
I do :)
Have a great day!
Answer:
me
Explanation:
Select the correct answer.
Who needs to acquire a liquor license?
A.
a bartender
B.
the owner of an establishment
C.
an executive chef
D.
a food processing specialist
When a securities firm acts as a(n) ____, it makes a market in specific securities by maintaining an inventory of those securities.
Answer:
The correct approach is "dealer".
Explanation:
Dealers would provide money supply to financial products whilst also trying to establishing a working capital of those that have been exchanged at a small concentration. By mobilizing savings, dealers generate more money out of the expansion respectively bids and start questioning for quotes. To make profits, individuals consider purchasing lesser at either the contract offer, as well as take revenue at either the request and then, have a high turnover.True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to
to be certain that you are following the NO SMOKING re because he is concerned about safety and damage to the apartment.
Answer:
false
Explanation:
he/she is not allowed to enter at any time because he/she does not have the right to enter the home if you are not there.
Kubin Company’s relevant range of production is 12,000 to 16,000 units. When it produces and sells 14,000 units, its average costs per unit are as follows:
Direct materials $ 7.30
Direct labor $ 4.30
Variable manufacturing overhead $ 1.80
Fixed manufacturing overhead $ 5.30
Fixed selling expense $ 3.80
Fixed administrative expense $ 2.80
Sales commissions $ 1.30
Variable administrative expense $ 0.80
Required:
1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?
2. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?
3. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
4. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
5. If 12,000 units are produced, what is the average fixed m
Answer:
1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?
variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.502. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?
variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.503. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
$15.50 x 12,000 = $186,0004. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
$15.50 x 16,000 = $248,0005. If 12,000 units are produced, what is the average fixed m
average fixed manufacturing cost = ($5.30 x 14,000) / 12,000 = $6.1833 average fixed selling expense = ($3.80 x 14,000) / 12,000 = $4.4333average fixed administrative expense = ($2.80 x 14,000) / 12,000 = $3.2667total fixed expenses per unit = $13.8833You want to have Br. 10,000,000 when you retire in 40 years. You expect to earn 12% compounded semiannually over the entire 40-year period. How much extra money per month must you deposit if you choose to fund using an ordinary annuity technique rather than an annuity due technique?
Answer:
You must deposit Br. 54.01 extra per month if you choose to fund using an ordinary annuity technique rather than an annuity due technique.
Explanation:
This can be determined using the following 3 steps:
Step 1: Calculation of monthly deposit under ordinary annuity
Theis can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity given as follows:
FV = Do * (((1 + r)^n - 1) / r) ................................. (1)
Where,
FV = Future value of the amount = Br. 10,000,000
Do = Semiannual deposit under ordinary annuity = ?
r = Semiannual interest rate = Annual interest rate / Number of semiannuals in a year = 12% / 2 = 6%, or 0.06
n = number of semiannuals = Number of years * Number of semiannuals in a year = 40 * 2 = 80
Substituting the values into equation (1) and solve for Do, wee have:
10,000,000 = Do * (((1 + 0.06)^80 - 1) / 0.06)
10,000,000 = Do * 1746.59989136857
Do = 10,000,000 / 1746.59989136857
Do = Br. 5,725.40972286698
Mo = Monthly deposit under ordinary annuity = Do / Number of months in a semiannual = Br. 5,725.40972286698 / 6 = Br. 954.23
Step 2: Calculation of monthly deposit under annuity due
Theis can be calculated using the formula for calculating the Future Value (FV) of an Annuity Due given as follows:
FV = Dd * (((1 + r)^n - 1) / r) * (1 + r) ................................. (2)
Where
Dd = Semiannual deposit under annuity due = ?
Other values are as already defined in Step 1 above.
Substituting the values into equation (2) and solve for Dd, wee have:
10,000,000 = Dd * (((1 + 0.06)^80 - 1) / 0.06) * (1 + 0.06)
10,000,000 = Dd * 1,851.39588485068
Dd = 10,000,000 / 1,851.39588485068
Dd = Br. 5,401.329927233
Md = Monthly deposit under annuity due = Dd / Number of months in a semiannual = Br. 5,401.329927233 / 6 = Br. 900.22
Step 3: Calculation of difference between monthly deposit under ordinary annuity and monthly deposit under annuity due
Difference = Mo - Md = Br. 954.23 - Br. 900.22 = Br. 54.01
Therefore, you must deposit Br. 54.01 extra per month if you choose to fund using an ordinary annuity technique rather than an annuity due technique.
Maria is considering various business entity types in order to set up her new business. She wants to know which entities are subject to double taxation. You tell her that the entities subject to double taxation are:
Answer:
1. Corporations
2. Limited liability companies that are elected to be treated as corporations
Explanation:
Double taxation is when tax has to be paid two times on on the same particular source of income. A corporation pays tax at 2 levels. That is at the personal level and sat the business level. From dividends, taxes are paid by shareholders, corporations pay taxes on what they also warn annually.
Entities subject to double taxation includes, corporations and the limited liability companies treated as corporations.
Gato Inc. had the following inventory situations to consider at January 31, its year-end. Identify which of the following items should be included in inventory. (a) Goods held on consignment for Steele Corp. since December 12. select an option (b) Goods shipped on consignment to Logan Holdings Inc. on January 5. select an option (c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit
Answer:
(b) Goods shipped on consignment to Logan Holdings Inc. on January 5.
(c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit.
Explanation:
Gato Inc. should include two items in its inventory. Good shipped on consignment to Logan Holdings Inc. should be included in inventory because this is transaction after the closing of December period. Goods shipped tp a customer on January 29 must also be included in the inventory because the goods are still in transit.
. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5
What do you mean by Total revenue?
Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.
Total revenue when she uses the direct channel is $996
\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)
If she uses the indirect channel, her total revenue is $1,059.50.
\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)
The difference in revenue between direct selling and indirect selling:
\(\rm\, \$1,059.50 - \$996 = \$63.5\)
The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.
Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.
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FICA-Social Security and Medicare are a taxe imposed on both employees and employers to fund programs that provide benefits for retirees, the disabled and children of deceased workers.
Group of answer choices
True
False
You have to write around 650 to 700 words on one of the social problems in Bangladesh "Dowry". By writing the topic you have to follow some instructions. Which are—
1.You have to identify the problem (dowry in Bangladesh).
2.then must give the Explanation of the problem (dowry in Bangladesh).
3. You have to write Overall in English without using any Adjectives.
Please follow the interaction and write it carefully by analysing the social problem dowry in Bangladesh.
Dowry in Bangladesh is a prevalent social problem that involves the exchange of money, goods, or property from the bride's family to the groom's family as a condition of marriage. This practice, deeply rooted in cultural traditions and societal expectations, has numerous adverse effects on individuals and communities.
The problem of dowry in Bangladesh stems from long-standing social norms and gender inequality. **Dowry** is viewed as a way to secure a bride's future and enhance her marital prospects, often putting financial pressure on the bride's family. The expectation of a substantial dowry often leads to financial burden, debt, and even bankruptcy for the bride's family. This creates a vicious cycle where families become trapped in the cycle of dowry demands, perpetuating the problem across generations.
The practice of dowry reinforces gender inequality and discrimination against women. **Women** are often treated as commodities, valued based on the dowry they bring rather than their individual qualities or abilities. This devalues women and undermines their autonomy and worth within the family and society. Dowry-related violence and abuse are also prevalent, with cases of dowry disputes leading to marital conflicts, domestic violence, and even dowry-related deaths.
Dowry-related social pressures have significant economic implications for families. The excessive demands for dowry place a heavy financial burden on families, especially those from lower socioeconomic backgrounds. Families are forced to spend their life savings, sell assets, or take on loans to meet dowry demands, often resulting in impoverishment. This economic strain affects the overall well-being of families and hampers their ability to invest in education, health, and other essential needs.
The dowry system further perpetuates social divisions and reinforces class distinctions. **Socioeconomic** disparities play a significant role in the dowry system, as higher dowries are often demanded in more affluent families. This creates a significant barrier for individuals from lower socioeconomic backgrounds, limiting their chances of finding suitable partners or participating in marital relationships on equal footing. The dowry system also reinforces the concept of marriage as a transaction, overshadowing the importance of love, compatibility, and mutual respect.
Efforts to address the problem of dowry in Bangladesh require a multi-faceted approach. Raising awareness about the negative consequences of dowry, promoting gender equality, and empowering women to assert their rights are crucial steps. Legal measures must be strengthened to protect women from dowry-related violence and ensure the enforcement of existing laws against dowry practices. Educating communities about the importance of valuing individuals based on their character, skills, and abilities rather than their dowry can help shift societal attitudes.
Additionally, economic empowerment programs for women, providing skills training, and creating opportunities for income generation can help reduce the financial dependence associated with dowry. Educational initiatives focusing on gender equality, women's rights, and empowerment should be integrated into school curricula to foster a more inclusive and equitable society.
In conclusion, dowry in Bangladesh is a social problem deeply entrenched in cultural norms and gender inequality. It perpetuates financial burden, gender discrimination, and social divisions within society. Addressing this issue requires a comprehensive approach encompassing awareness-raising, legal reforms, empowerment programs, and education. By challenging traditional norms and promoting gender equality, Bangladesh can work towards a more inclusive and just society where individuals are valued for their intrinsic worth rather than material possessions.
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The Harris Company purchased equipment for $15,000 on December 1. It is estimated that annual depreciation on the computer will be $3,000. If financial statements are to be prepared on December 31, the company should make the following adjusting entry
The entry will include Depreciation Expenses for $1,750 and Accumulated Depreciation for $1,750
Here, we are to first calculate the Depreciation expenses while observing that the date runs for 1 month (From December 2 - December 31).
The depreciation expense will equals Annual depreciation of computer * 1/12
Depreciation expense = $3,000 * 1/12
Depreciation expense = $250
The adjusting entry will entails:
Date Account titles and explanation Debit Credit
31 Dec Depreciation expenses $250
Accumulated depreciation $250
(Entry to record depreciation expenses)
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If you are at a university and someone asks "what's your MAJOR?" this is what they
want to know:
a) the secondary courses you are taking in college just for fun
b) the academic discipline to which you have formally committed so you can earn
an undergraduate degree
c) which credit cards you have maxed out to afford tuition, housing, food and books
d) which political party you will agree to join and promote on your campus
Answer:
the answer is B
Explanation:
Clearly answer the following questions. Explain your answers in detail.
a) How does forecasting lead to an increase in profit of an organization? Explain your answer by giving an example.
b) State three advantages of forecasting within an organization.
c) What are the tactics for Matching Capacity to Demand when capacity exceeds demand?
Notes about the assessment:
• Your paragraphs should be well organized with appropriate format and relevant content.
• Plagiarism is not allowed (You need to paraphrase the content from your sources)
• Please do not Copy and Paste from any sources You should answer in your own words.
a) Forecasting leads to an increase in profit of an organization in various ways. For instance, forecasting helps businesses to prepare for future needs and potential opportunities. In this regard, the organizations can allocate their resources such as labor, raw materials, and capital effectively. This, in turn, reduces wastage, increases efficiency, and lowers the costs of production.
Example: Suppose the forecast shows that demand for product X will increase in the coming year. The organization can then decide to increase production to meet the anticipated demand. This may lead to an increase in the organization's sales revenue, consequently leading to an increase in profit.
b) The advantages of forecasting within an organization include:
Better planningRisk managementImproved decision makingc) There are various tactics for matching capacity to demand when capacity exceeds demand. They include:
Increase marketing effortsDiversify product or service offeringsAdjust pricingForecasting leads to an increase in profit of an organization as it helps the organization to prepare for the future and make informed decisions. It enables organizations to plan ahead and avoid unnecessary costs, thereby increasing profits. For example, a manufacturing company can use forecasting to predict the demand for its products in the future and plan its production accordingly. This helps the company to avoid overproduction or underproduction, reduce wastage, and save on costs, leading to increased profits.
The three advantages of forecasting within an organization are:
Better planning: Forecasting helps organizations to plan better by providing them with insights into the future. This enables organizations to allocate resources efficiently and make informed decisions that help them achieve their goals.Risk management: Forecasting helps organizations to manage risks by identifying potential risks and taking proactive measures to mitigate them. This reduces the impact of risks on the organization and helps them to stay competitive in the market.Improved decision making: Forecasting provides organizations with accurate information about the future, which enables them to make informed decisions. This reduces the likelihood of making wrong decisions, thereby increasing the chances of success.The tactics for matching capacity to demand when capacity exceeds demand are:
Increase marketing efforts: Organizations can increase their marketing efforts to attract more customers and increase demand for their products or services. This can be done by offering discounts, promotions, or improving the quality of their products or services.Diversify product or service offerings: Organizations can diversify their product or service offerings to attract a wider customer base and increase demand. This can be done by introducing new products or services that cater to different market segments.Adjust pricing: Organizations can adjust their pricing strategy to match demand by reducing prices during periods of low demand to attract more customers and increase sales. Conversely, they can increase prices during periods of high demand to maximize profits.Learn more about Forecasting: https://brainly.com/question/21445581
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When protecting the availability, integrity, and confidentiality of data, services, networks, and systems, the
of the data, service, network, or system should ideally not be compromised.
When protecting the availability, integrity, and confidentiality of data, services, networks, and systems, the security policies of the data, service, network, or system should ideally not be compromised.
What is the C-I-A security triad?The C-I-A security triad is an abbreviation for confidentiality, integrity and availability. Also, it can be defined as a cybersecurity model that is designed and developed to guide security policies for information security in a business firm, in order to effectively and efficiently protect and make their data available to authorized end users.
In this context, we can infer and logically deduce that the security policies of the data, service, network, or system should ideally not be compromised when protecting the availability, integrity, and confidentiality of data, services, networks, and systems.
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if monica is building computers under conditions of diminishing marginal returns, the marginal cost will:
If Monica is building computers under conditions of diminishing marginal returns, the marginal cost will eventually increase.
What is Diminishing marginal returns?Diminishing marginal returns means that as more units of a variable input (such as labor or raw materials) are added to a production process while holding other inputs constant, the marginal product of that input will eventually decrease. In the context of building computers, this means that as more workers are added to the production process, the marginal product of each additional worker will eventually decrease.
As the marginal product of each additional worker decreases, the cost of producing each additional computer will increase. This is because more resources (such as raw materials, equipment, and time) will be required to produce each additional unit of output.
Therefore, the marginal cost of producing each additional computer will eventually increase as diminishing marginal returns set in, which can make it more difficult and costly for Monica to continue to expand production beyond a certain point.
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_____ career skills involve tool selection and use.
Critical thinking
Basic
Technical
Computer
Answer:
The correct answer would be c) Technical
Spice Inc. S unit selling price is $48, unit variable costs are $30, fixed costs are $108,000, and current sales are 9,500 units. How much will operating income change if sales increase by 6,000 units
The operating income will change if sales increase by 6,000 units by: 108,000.
Change in operating incomeUsing this formula
Change in operating income=(Selling price-Variable cost)×Increase in sales
Let plug in the formula
Change in operating income=($48-$30)×6,000 units
Change in operating income=$18×6,000 units
Change in operating income=108,000 increase
Inconclusion the operating income will change if sales increase by 6,000 units by: 108,000.
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