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2 years ago

What is Economy? In your own words pls

2 answers:

8 0

the process or system by which goods and services are produced, sold, and bought in a country or region.

Tanzania [10]2 years ago

4 0

The countries wealth and resources especially the production and consumption of goods and services

also economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given country or region
Economy is three types planned economy, market economy and mixed economy

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Current Attempt in Progress Swifty Corporation produces three versions of baseball bats: wood, aluminum, and hard rubber. A cond

jarptica [38.1K]

Answer:

None of the fixed costs are avoidable. Therefore the company now loses all the fixed costs and the positive contribution margin.

Explanation:

Giving the following information:

Wood Aluminum Hard Rubber

Total Sales $65000

Variable expenses (58000)

Contribution margin 7000

Fixed expenses (22000)

Net income (loss) (15000)

Effect on income= -22,000 - 7,000= -29,000

None of the fixed costs are avoidable. Therefore the company now loses all the fixed costs and the positive contribution margin.

5 0

2 years ago

12345678901234567890000

Arlecino [84]

Answer:

12345678901234567890000

Explanation:

6 0

2 years ago

The Crunchy Potato Chip Company sells chips in boxes with a net weight of 846 grams per box . Each box contains ten individual 3

Alinara [238K]

Answer:

0.8

Explanation:

Given:

Number of chips contained in each box = 10

Weight of each packet of chips = 3 ounce

Average weight per box = 853 grams

Upper specification limit of the weight = 846 + 12 grams = 858 grams

Lower specification limit of the weight = 846 - 12 grams = 834 grams

Standard deviation, σ = 5 grams

Now,

Capability index = $\frac{\textup{Upper limit - Lower limit}}{6\sigma}$

Capability index = $\frac{858 - 834}{6\times5}$

Capability index = 0.8

7 0

2 years ago

Fill in the blanks

ELEN [110]

Answer:

Management
Owners
External stakeholders

Explanation:

Management of the business is responsible for taking care of the performance of the business and comparing the present status of the business with the previous status, and sometimes with its competitors.
Owners of the business are the persons who are responsible for creating budgets and make various business-related decisions. These are done with the use of accounting information.
External stakeholders or shareholders are interested in buying shares of the company. They make their investment decisions by analyzing the various positions of the company after going through accounting information.

7 0

2 years ago

You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales po

Nutka1998 [239]

The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.

Using this formula

Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)

Let plug in the formula

Midsized automobile price = $11,000 (3× -1.2) / 1 + (3× -1.2)

Midsized automobile price = $14,000 × -4.8/ -3.8

Midsized automobile price = $14,000 × 1.384615

Midsized automobile price = $15,230.765

Midsized automobile price =$15,230.77 (Approximately)

Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.

Learn more here:brainly.com/question/16991499

3 0

2 years ago