Answer and Explanation:
The computation is shown below:
Fixed cost is
= $500,000 + $1,000,000
= $1,500,000
And, the marginal cost is
= $0.25 + $0.10
= $0.35 per paer
Now
as we know that
AFC = FC ÷ Q
Now for At 1,000,000 papers,
AFC is
= 1,500,000 ÷ 1,000,000
= $1.50/mo
At 800,000 , it would be
AFC = 1,500,000 ÷ 800,000
= $1.875/mo
MC = $0.35 per paper and the same is not changed
Now for break even, the average total cost is
ATC = AFC + AVC
ATC = FC ÷ Q + VC ÷ Q
VC = MC × Q
ATC = FC ÷ Q + MC
ATC = FC ÷ Q + 0.35
At Q = 1,000,000,
ATC = 1.50 + 0.35
ATC = $1.85
At Q = 800,000 , it would be
ATC = 1.875 + 0.35
= $2.225
As it can be seen that
The AFC changes from 1.50 to 1.875 which shows an increment of 0.375.
The MC remains constant or same at 0.35 as the printing and delivery costs per paper are remain same
And, The minimum amount that we must charge to break even rises i.e. from 1.85 to 2.225. That is a rise of 0.375
my boss just took 70 dollars out of my paycheck and he said, "i cant believe you yelled at one of our costumers." and I have no idea what he is talking about. Is this something i should take to the owner of the store?
supporters of globalization believe that tougher environmental regulations and stricter labor standards are a natural aspect of economic progress. t or f
True, supporters of globalization believe that tougher environmental regulations and stricter labor standards are a natural aspect of economic progress.
What kind of economic globalization is it?
Economic globalization is the term used to describe the rising interdependence of world economies as a result of the expanding size of cross-border trade in goods and services, the movement of capital internationally, and the wide-spread and quick adoption of technology.
What impact is globalization having on the current economic climate?
Globalization generally lowers the cost of manufacturing. This enables businesses to provide consumers with items at a lesser cost.
Increases in the level of life are largely influenced by the average cost of commodities. The range of products available to consumers has likewise increased.
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Write the function of commercial bank in points.(don't copy)
Explanation:
Functions of Commercial Bank:
1=Acceptance of deposits from public.
*Demand deposits.
*Fixed deposits.
*Saving deposits.
2=Advancing of loans.
*Direct loans.
*Money at call.
*Overdraft.
*Discounting bills of exchange.
if you want to know more u can ask me.
Which of the following financial institutions does not take customer
deposits?
A. Investment bank
B. Credit union
C. Commercial bank
D. Savings bank
Option (A) Investment bank is correct.
Investment bank does not take customer deposits.
What meant by Investment bank?Investment banks are financial institutions that sell their services and act as a middleman in complex transactions like mergers or a startup's initial public offering (IPO). They are also capable of acting as brokers or financial advisers for significant institutional clients like pension funds.
Investment banks do not accept deposits; rather, they help individuals, groups, and governments raise money by issuing securities. Investment companies, often known as mutual fund companies, pool money from institutional and ordinary investors to offer them access to a greater variety of assets. While some financial institutions take deposits, others only offer particular banking services. These non-depository financial institutions include brokerage houses, finance companies, insurance companies, and pension funds. They provide services to both people and companies.
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When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies
instead. This situation is an example of the
The supply curve slopes upward because at a higher price, producers have
to produce more.
The price of shirts declines dramatically. Javier now feels richer and buys more shirts than he normally would. This
situation is an example of the
substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.
Answer: Here go the right answer and I got it right
Explanation:
When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies instead. This situation is an example of the substitution effect.
The supply curve slopes upward because at a higher price, producers have an incentive to produce more.
The price of shirts declines dramatically. Javier now feels richer and buys more shirts than he normally would. This situation is an example of the
income effect.
What are the approaches for learning Economics effectively?
A company would like to produce 2500 products per week for 30 weeks. The Direct Material Cost for the raw materials used in the product is $1. 50 per product. After producing 250 products, the company must stop production to replace a filter on the machine (the filter is replaced after producing every 250 products). The filter costs $50. 0. What is the Total Cost Per Product?
The company aims to produce 2500 products per week for 30 weeks, and after producing 250 products, it needs to replace the filter, which costs $50. The Total Cost Per Product is 0.20002.
The total cost per product can be calculated by summing the direct material cost per product and the cost of replacing the filter, and then dividing it by the total number of products.
The direct material cost per product is given as $1.50. For 2500 products per week for 30 weeks, the total number of products is 2500 x 30 = 75,000 products.
The cost of replacing the filter occurs every 250 products, so there will be 75,000 / 250 = 300 filter replacements. Each filter replacement costs $50.
To calculate the total cost per product, we add the direct material cost per product ($1.50) and the cost of the filter replacements ($50 x 300) and then divide it by the total number of products (75,000). The formula is:
Total Cost Per Product = (Direct Material Cost + (Cost of Filter Replacement x Number of Replacements)) / Total Number of Products
Total Cost Per Product = 0.20002
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employees complain of feeling overwhelmed by e-mail and text messages, with some employees checking their e-mail boxes up to 40 times per hour. such constant connection with others results in:
The correct option is D. Such constant connection with others results in Information overload.
Information overload refers to a situation where an individual or organization is presented with an excessive amount of information, making it difficult to process and use effectively. In economics, information overload can occur in various contexts, such as in financial markets, where traders are inundated with vast amounts of data about companies, economic indicators, and other market factors.
This can lead to poor decision-making and increased risk, as important information may be missed or overlooked. In the field of behavioral economics, information overload can also affect consumer behavior, where the abundance of information and choices can lead to decision paralysis and dissatisfaction with the chosen option. Information overload can also occur in the workplace, where managers and employees may be overwhelmed with emails, reports, and other forms of communication, leading to decreased productivity and increased stress.
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Complete Question:
Employees complain of feeling overwhelmed by e-mail and text messages, with some employees checking their e-mail boxes up to 40 times per hour. Such constant connection with others results in
Select one:
a. Stimulus apprehension
b. Mindless messaging
c. Perceptual "blasts"
d. Information overload
PLEASE HELP!!!
Money going out of a business is called _BLANK_.
A. income
B. expenses
Answer:
Expenses
Explanation:
Which best describes the business, management, and administration career cluster?
Answer:
are careers that are focused on running businesses.
Explanation:
The Business, Management, and Administration career cluster includes business skills essential to efficient, productive operations for any company (Administrative and information support, Business analysis, Business, financial management and accounting, Human resources, Management..) The Business, Management, and Administration career cluster is best described with the following: These are careers that are focused on running businesses.
Correct answer: A
Consider a circle whose equation is x2 + y2 – 2x – 8 = 0. Which statements are true? Select three options. The radius of the circle is 3 units. The center of the circle lies on the x-axis. The center of the circle lies on the y-axis. The standard form of the equation is (x – 1)² + y² = 3. The radius of this circle is the same as the radius of the circle whose equation is x² + y² = 9.
According to the question of equation, the first statement is true. The second statement is false. The third statement is false. The fourth statement is true. The fifth statement is false.
What is equation?Equation is a mathematical statement that expresses the equality of two expressions by using symbols. It typically consists of an equal sign and two expressions or terms that are linked by the equal sign. These expressions or terms can contain numbers, variables, constants, and mathematical operations such as addition, subtraction, multiplication, and division. Equations are used to describe physical phenomena and solve problems.
The radius of the circle is 3 units because the equation can be rearranged to (x – 1)² + y² = 3, which is the standard form of a circle. The center of the circle lies at the point (1, 0) and does not lie on the x-axis. The center of the circle lies at the point (1, 0) and does not lie on the y-axis. The standard form of the equation is (x – 1)² + y² = 3. The radius of this circle is 3 units, while the radius of the circle whose equation is x² + y² = 9 is 3√2 units, which is not the same as 3.
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What documents do I need to join bank accounts?.
A valid, government-issued photo ID like a driver's license, passport or state or military ID. A minimum opening deposit of $25 to activate your account.
What is bank accounts?A bank account is a financial record of the financial transactions between a bank and a customer that is kept by a bank or other financial institution.Opening a checking account is a fairly simple process, but you must bring the necessary documentation. Checking accounts are deposit accounts that allow you to keep your money in one place, make withdrawals and transfers, write checks, and pay your bills.You will also be given a debit card by your bank or financial institution so that you can conduct your banking at an ATM. You have a selection of checking account choices if you want to conduct regular financial transactions.After selecting a bank and completing some paperwork, you can depart with an active account. However, because you typically need to provide documentation to prove your identity, the process can become a little more challenging.To learn more about accounts refer :
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why is it important to protect profit motive in a mixed economy
Answer:
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.
Explanation:
I looked it up, cause I don't know much about this stuff, but I hope it helps you!
Question 1 of 15.
Your Total Labor Cost was $27,750. Management Labor was $4,575 and Tax & Benefits were $8,150. Your average Direct Labor Hourly Wage was $10.25. How many Direct Labor Hours did you use?
Direct Labor Hours pay =3,948.78.
Direct Labor work cost is a part of wage-bill or payroll that may be mainly and constantly assigned to or related to the manufacture of a product, a particular work order, or provision of a provider.
Direct labor value is easy to recognize. It refers to the fees, which include wages and other advantages, that you incur for employees that at once paint at the tasks including the laborer, rigger, foreman, and pipefitter. oblique hard work refers to employees who aren't involved in planning or construction initiatives.
The total Labor Cost was $27,750.
Management Labor was $4,575 '
Tax & Benefits were $8,150.
Total cost invluding = $27,750. + 4,575 + $8,150.
= $40475
Direct Labor Hourly Wage = $10.25.
Direct Labor Hours pay =3,948.78
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Which career is best suited for people who have a high school diploma?
- Administration and information support.
- Human resources.
- Business financial management and accounting.
- Business analysis.
Answer:
It should be Human resources because it is the least technical compared to the other three options.
Introduce the term of notice in two sentence
Explain the importance of team dynamics (plz help)
Team dynamics in the workplace are important because they impact creativity, productivity and effectiveness. Since group work is integral to organisations, improving group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.
Ben recently purchased 100 shares of stock in Feger's Sports, Inc. Ben is a(n) ________ of Feger's Sports, Inc. Group of answer choices owner manager director partner employee
Ben, who recently purchased 100 shares of stock in Feger's Sports, Inc., can be classified as an owner of the company. As a shareholder, Ben holds a stake in the company and is entitled to certain rights and benefits associated with stock ownership.
By purchasing 100 shares of stock in Feger's Sports, Inc., Ben becomes a shareholder and a partial owner of the company. As an owner, Ben has a financial interest in the success and performance of the company. Shareholders are considered the owners of a corporation and have certain rights, such as the right to vote on corporate matters, receive dividends, and participate in the company's growth and profitability.
However, it is important to note that being a shareholder does not necessarily mean that Ben has a managerial or executive role in the company. Shareholders are distinct from managers, directors, partners, and employees. While shareholders have a financial stake in the company, managers are responsible for overseeing the day-to-day operations, directors provide guidance and make strategic decisions, partners have ownership rights and responsibilities, and employees work for the company under an employment relationship.
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pls hurry
Your friend recently
opened a retail shoe store. She knows she needs to pay sales tax
but isn't sure how much. HST is calculated by the cash register.
HST rate is 15%. Sales, before taxes, f
In this case, $100 * 0.15 = $15, which matches the initial HST amount calculated.
If your friend's retail shoe store is located in a jurisdiction where the Harmonized Sales Tax (HST) applies, the HST rate of 15% would be calculated on the sales amount before taxes. Let's assume that your friend made a sale of $100 (before taxes). To determine the amount of HST payable, you can follow these steps:
1. Calculate the HST amount: Multiply the sales amount by the HST rate. In this case, $100 * 0.15 = $15. This is the amount of HST that needs to be collected from the customer.
2. Calculate the total amount: Add the sales amount and the HST amount to get the total amount payable. In this case, $100 + $15 = $115. This is the total amount that the customer would pay, including the HST.
3. Separate the sales and HST amounts: To determine the breakdown between sales and HST, you can subtract the HST amount from the total amount. In this case, $115 - $15 = $100. This represents the sales amount before taxes.
4. Verify the HST calculation: You can double-check the HST calculation by multiplying the sales amount before taxes by the HST rate. In this case, $100 * 0.15 = $15, which matches the initial HST amount calculated.
It's important for your friend to ensure that the cash register is programmed correctly to automatically calculate the HST based on the sales amount before taxes. This way, the correct amount of HST will be collected from customers, making it easier for your friend to remit the appropriate taxes to the tax authorities on a regular basis.
Please note that tax regulations and rates can vary depending on the jurisdiction, so it's advisable for your friend to consult with a tax professional or local tax authority to ensure compliance with the specific tax laws applicable to their retail shoe store.
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A medium-term goal takes _____ to accomplish. a. 1-2 months b. 1-2 years c. 1-5 years d. 5-10 years Please select the best answer from the choices provided A B C D
Answer:
C
Explanation:
For the accomplishment of a medium-term goal, it takes a time period of almost 1-5 years. Hence, Option C is correct.
What is a medium-term goal?An individual or a group of people set certain goals in life. These goals can be of any type like short-term, medium-term, or long-term. All these time periods depend upon the type of task that is set under the achievement sector. As per the names, it can be understood that it also has a different time duration. For the short term, it can be either a day, a week, or a month or it can be a year.
In the context of the medium-term, the time period can be of one year to five years and for the achievement of a long-term goal, it is more than five years. For instance, if a person wants to get a graduation degree, then they have to pursue the course for a time period of three to four years, for paying a car loan or an education loan, one has to set a medium-term goal.
Thus, Option C is correct.
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how does a competitive market determine the types of goods and services to produce, the costs to produce those goods and services, and who receives them?
With the support of the price system, the competitive market selects the sorts of goods and services to produce, the costs to produce those goods and services, and who receives them.
A price system is a system in economics that determines the valuations of any type of property (tangible or intangible). As a result of scarcity, all cultures employ price systems to allocate and exchange resources.
Even in a no-money barter economy, price systems are used to determine exchange ratios (relative valuations) between the properties being exchanged.
A price system can be regulated (such as a fixed price system) where prices are administered by an authority, or it can be free (such as a market system) where prices are allowed to float "freely" as decided by supply and demand without the involvement of an authority.
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what are some reasons why a company might choose to do forest certification? select all that apply. group of answer choices it is required by law. to gain access to new markets. to show their customers that they are managing their forest sustainably. to save money.
A company might choose to do forest certification for various reasons.
Forest certification is a process of verifying that a forest is being managed sustainably. The certification process involves assessing the environmental, social, and economic aspects of forest management practices. A company may choose to do forest certification to gain a competitive edge in the marketplace, demonstrate its commitment to sustainable forest management, and enhance its reputation.
Conclusion: Therefore, the correct reasons for a company to choose forest certification are to gain access to new markets, to show their customers that they are managing their forest sustainably, and to enhance their reputation. It is not required by law, nor is it a way to save money.
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in terms of the aggregate demand model, how does one indicate an increase in the demand for cash? please choose the correct answer from the following choices, and then select the submit answer button. answer choices an increase in the growth rate of the velocity of money a decrease in the growth rate of the velocity of money an increase in the growth rate of the money supply a decrease in the growth rate of the money supply
In the aggregate demand model, an increase in the demand for cash is indicated by a decrease in the growth rate of the velocity of money.What is the aggregate demand model?The aggregate demand (AD) model illustrates the overall spending on goods and services in an economy at different price levels. Aggregate demand is the total sum of all consumer spending, business investment, government spending, and net exports. The aggregate demand curve slopes downward because of the wealth effect, the interest-rate effect, and the exchange-rate effect.
What is the demand for money?The demand for money is the amount of cash or cash-equivalent assets that people are willing to hold in order to facilitate the purchase of goods and services. People keep some cash on hand for unexpected expenses or as a buffer to keep them from overdrawing their accounts.What is velocity of money?The velocity of money is the rate at which money is exchanged in an economy. It's calculated by dividing nominal gross domestic product (GDP) by the money supply (M1 or M2).What is the relationship between demand for money and velocity of money?When people demand more money, they keep more cash on hand, which reduces the velocity of money. When the demand for money decreases, people spend more money, which increases the velocity of money. An increase in the demand for cash, for example, would result in a decrease in the growth rate of the velocity of money. Therefore, the correct answer is (B) a decrease in the growth rate of the velocity of money.
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Employers must provide a stairway or a ladder at points of access where the elevation between two steps is _____ inches or more.
As per the OSHA regulations, Where there is a break in elevation of 19 inches (48 cm) or more and no ramp, runway, sloped embankment, or personnel hoist is present, a stairway or ladder must be provided.
The American national standards known as the Occupational Health and Safety Administration (OSHA) regulations were created to guarantee workplace health and safety for all employees. The main regulation of OSHA is that businesses must ensure a safe working environment. All regulations that come after this one are governed by it, and new regulations are frequently made to strengthen it. Employers are required by law to adhere to all OSHA guidelines. OSHA has put into effect hundreds of safety laws that include the maritime, agricultural, and construction industries. There are broad industry regulations for all other types of employment, ensuring that all workers have access to the law in the event that they feel unsafe at work. One such legislation requires companies to ensure that employees receive the necessary training before starting any job and that they have the right to decline doing a task if doing so will endanger their health or safety.
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why do weather forecast models have limitations? why are they useful? be sure to answer both questions completely for full credit. bolditalicunderline
Weather forecast models have limitations because they are based on complex mathematical equations that attempt to predict the behaviour of the atmosphere. These equations rely on input data, such as temperature, pressure, and wind speed, which are collected from various sources such as weather balloons, satellites, and ground-based sensors.
However, there are often gaps in the data due to limitations in the sensors or the inability to collect data from certain areas of the atmosphere. Additionally, small variations in the input data can have a significant impact on the accuracy of the forecast. Despite these limitations, weather forecast models are still incredibly useful. They allow meteorologists to make informed predictions about the weather, which can be critical for public safety, emergency management, and many other industries.
For example, farmers may use weather forecasts to make decisions about when to plant or harvest crops, while airlines may use them to plan flight routes and avoid bad weather. Additionally, weather forecast models are constantly improving as technology advances and more data becomes available, making them more accurate and reliable over time.
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Kyle made a down payment of $850 towards his car loan. He will be paying $415 every month for 24 months.
_____ is a new technological design or process that becomes the accepted market standard.
Answer:
industry standard
Step-by-step:
The term you are thinking of is "industry standard." An industry standard is a set of criteria or specifications that dictate how a product or service should be designed, constructed, and used within a particular industry.
When a new technological design or process becomes widely adopted and accepted within an industry, it can become the de facto industry standard and serve as a benchmark for future products and services within that industry.
Examples of industry standards include the USB standard for computer peripherals, the Wi-Fi standard for wireless networking, and the MPEG standard for digital video compression.
Hope this helps!
If you were a business owner, which would be important to you (making money or helping people)
Answer:
making money
Explanation:
because if you are a business owner you should be making money to stay open :) the you can help people after words
why is putting even a small amount into savings from every paycheck a smart money habit?
Putting even a small amount into savings from every paycheck is a smart money habit because it helps build an emergency fund, allows you to work towards financial goals, and takes advantage of compound interest. By consistently saving, you can improve your financial security and achieve long-term financial success.
1. Building an emergency fund: By consistently saving a portion of your paycheck, you can gradually build an emergency fund. This fund serves as a financial safety net in case of unexpected expenses, such as medical bills or car repairs. Having an emergency fund can prevent you from going into debt or relying on high-interest loans.
2. Achieving financial goals: Regularly saving a small amount from each paycheck allows you to work towards your financial goals. Whether it's saving for a down payment on a house, paying for education, or taking a dream vacation, these goals require consistent effort. By saving consistently, you can make progress towards these goals without feeling overwhelmed by large lump-sum contributions.
3. Accumulating compound interest: Savings accounts often earn interest, and even a small amount saved regularly can accumulate over time. This is because of compound interest, where the interest earned is added to the initial amount, creating a snowball effect. Over the long term, this can significantly increase your savings.
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Please!!!!!!!!!!!!!!!!!!!!please!!!!!!!!!!!!!!!!!
What is Marketing and why is it important in a global economy? How do you interact with and are
affected by marketing daily?
Answer:
Many companies have become disillusioned with sales in the international marketplace as old markets become saturated and new ones must be found. How can they customize products for the demands of new markets? Which items will consumers want? With wily international competitors breathing down their necks, many organizations think that the game just isn’t worth the effort.