Answer:
C ) As demand increases,price increases
Answer:
The total amount of administrative cost to the Accounting Department is $ 14,900.
Explanation:
In order to calculate the total amount of administrative cost to the Accounting Department, first we need to calculate the Utilization Ratio of the particulars, using the following formua:
Utilization Ratio=(Total amount particular/Utilised by accounting department)
Hence, the Utilization Ratio of Administration costs
=(50/280)
=0.178
the Utilization Ratio of Maintenance fee
=(12,000/36,000)=0.33
the Utilization Ratio of Utilities=(12,000/36,000)=0.33
Therefore, the total amount of administrative cost to the Accounting Department=(0.178×$50,000)+(0.33×$12,000)+(0.33×$6,000)
=$8,900+$4,000+$2,000
=$14,900
Answer:
c. 66.67%
Explanation:
Unemployment rate = Number unemployed / Labor force = (2/3) x 100% = 66.67%
Answer:
<u>A</u>
Explanation:
-Both firms maximize the profit equating the marginal revenue (MR) with the marginal cost (MC). i) Is correct
-MR is equal to the price, but not in the monopoly. The monopolist can planify and impose the price. Then ii) is incorrect
-MR is the difference between the increment in the revenue, is not equal with demand. iii) is incorrect
- <em>Average revenue (AR) = Price (P) </em>
<em>AR= Revenue/Quantity</em>
<em>AR= P x Q / Q</em>
<u><em>AR= P -------------------------> </em></u><em> iv) Is correct!</em>
Answer:
The correct answer is all of the above.
Explanation:
Solution
When a client is not happy with the work of the former Engineer A on his project, if he hires Engineer B to finish the work, the new Engineer must take into consideration the past work of his predecessor.
He has to check the overall work manual of the previous engineer, so as to input his own idea to make the work much better and satisfactory for the client.
He (Engineer B) should be able to keep track in documenting his or her effort while redoing the entire design process stage.
He can also asked questions from the previous Engineer in case he his not understanding dome things or facing some issues towards the project work.
The four option here, are correct