A <u>practical</u> standard is the quantity of material required if the process is 100fficient without any loss or waste.
Sensible requirements are the requirements that are set for everyday working conditions. They account for reasonable and unavoidable wastages which are part and parcel of the normal manufacturing manner. Practical standards remember the effect that factors along with machine preservation and maintenance time, everyday employee breaks, etc.
Perfect requirements aren't practical standards, apart from in the very quick run, and are consequently of little use for control wherein their use will be very demotivating for employees. Achievable standards constitute what will be done with a reasonable degree of effort below ordinary working situations.
Ideal preferred costs, those preferred expenses constitute the best overall performance. They assume 100% efficiency, that there are no losses or idle time. They constitute the minimal charges that are feasible below the maximum efficient running situations.
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Answer:
Charlie consumes 100 books and 25 wines at pareto-optimal allocation, is the right answer.
Explanation:
According to the question, book is denoted with b whereas, wine is denoted with w.
The Utility function of Martha is-
The Utility function for Charlie is-
= $1 : = $4
At pareto-optimality,
The budget constraint,
Therefore, it may be said that Charlie must consume 100 books and 25 wine at pareto-optimal allocation.
Answer:
c. employment levels will decrease
Explanation:
As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called PROGRESSIVE TAX
Answer:
Maximum initial cost would be $58,116,883.12
Explanation:
1,790,000 increased at 3%
Ke 0.119 + 0.02 = 0.139
ER 0.15
Kd(after-tax) Kd(1-t) = 0.047
DR 0.85
WACC 0.06080
Now that we have the rate, we calculate the present value using the gordon method
1,790,000 / (0.06080-0.03) = 58,116,883.12