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2 years ago

Using money prices to compare relative values of goods and services represents money functioning as a?

1 answer:

8 0

Using money prices to match relative values of goods and services represents money functioning as a: unit of account.

What is money as unit of account?

As a unit of account, money is the common base of comparison that people use to present prices and record debts. Without a standard unit of account, these tasks would be far more difficult. The third function of cash , as a store useful , is one that we all know well. once you work, you're paid a wage.

What is a unit of account cost?

The unit-of-account costs of inflation are the costs arising from the way inflation makes money a less reliable unit of measurement. Shoe-leather costs are the increased costs of transactions caused by inflation. Menu costs are the important costs of changing listed prices

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Vertis Corporation is interested in cutting the amount of time between when a customer places an order and when the order is com

vladimir2022 [97]

Answer:

40%

Explanation:

For computing the manufacturing cycle efficiency, first we have to compute the throughput time which is shown below:

Throughput time = Process time + Inspection time + Move time + Queue time

= 6 + 0.6 + 0.4 + 8

= 15

Now

Manufacturing cycle efficiency (MCE) is

= Value added time (process time) ÷ Throughput time

= 6 ÷ 15

= 40%

We simply applied the above formulas so that the manufacturing cycle efficiency (MCE) could come

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4 years ago

About the Lagrangian method, select the correct statement: We can use it to solve consumer's utility maximization problems, but

mezya [45]

Answer:

About the Lagrangian method,

We can use it to solve both consumer's utility maximization and firm's cost minimization problems.

Explanation:

Lagrangian method is a mathematical strategy for finding the maxima and the minima of a function subject to equality constraints. Equality constraints mean that one or more equations have to be satisfied exactly by the chosen values of the variables. Named after the mathematician, Joseph-Louis Lagrange, the basic idea behind the Lagrangian method is to convert a constrained problem into a Lagrangian function.

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3 years ago

Your company will generate 73,000 in annual revenue each year for the next eight years from a new information database. If the a

lys-0071 [83]

$73,000x8.5%=$6,205 for one year
I believe you are looking for either this number or $6,205x8?
$49,640 for 8 years

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3 years ago

Each day, Tasty Tortilla Company incurs total costs of $8,000 to process flour into tortillas. The company can sell the tortilla

Murljashka [212]

Answer:

c. The firm will make an additional $4200 in income per day if it sells taco shells instead of tortillas.

Explanation:

Tortilla daily revenue: $8000

Tortilla daily cost: $22500

Taco shell daily revenue: $26,700

Taco shell daily cost: $8000 + $4200 = 12200

Additional income if Taco Shells sold instead of Tortillas: $26,700 - 22,500 = $4200

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4 years ago

What agency provides over 25,000 government publications?

shepuryov [24]

Answer:

Correct Answer:

4. The Government Printing Office

Explanation:

The United States Government Publishing Office is an agency of the legislative branch of the United States federal government with the mandate to inform the Nation by producing, procuring, and disseminating printed and electronic publications of the Congress as well as the executive departments and establishments of the Federal Government.

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3 years ago