Merck provides an example of what can happen if a company deviates from its : Core values
<h3>What are core values?</h3>
The core values of an organization are those values we hold, which form the foundation on which we perform work and conduct ourselves.
The core value of a company are those enduring principles that govern it's fundamental conduct towards attainment of it's goals. It is usually a passionate pledge on the principles that the organization stands for.
Hence, Merck provides an example of what can happen if a company deviates from its core values.
Learn more about core values here : brainly.com/question/14595106
Answer:
He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.
Explanation:
According to the given data we have the following:
h = handling cost per unit = $ 9
S = Ordering cost per order = $20.5
He uses 8,500 gallons a month, therefore, the annual demand D= 8,500*12 = 102,000 gallons
.
Therefore, the optimal ordering quantity would be= [ (2*D*S) / h ]1/2
=681.66 units
He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.
Such employment would fall outside the production possibilities curve as the values plotted on that curve would be the minimum unemployment levels. The usual figure to use is % unemployment so most likely the differing levels shown would be for unemployment ie 10% above the curve and say 5 % on the curve.
Answer:
a. $28 per unit
b. 6,500 units
c. 25,000 units
Explanation:
a. The computation of the contribution margin per unit is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $40.50 - $12.50
= $28 per unit
b. The formula to compute the break even point in units is shown below:
= (Fixed expenses ) ÷ (Contribution margin per unit)
= ($182,000) ÷ ($28)
= 6,500 units
c. The formula is shown below:
= (Fixed expenses + target operating income) ÷ (Contribution margin per unit)
= ($182,000 + $518,000) ÷ ($28)
= 25,000 units
Answer:
A) buyers of gasoline bear a higher burden of the $2 tax than buyers of paperback novels.
Explanation:
The flatter the demand curve, the more elastic. In this case, D2, the demand curve for gasoline is more steeper which means it is more inelastic. Also, S2, the supply curve for gasoline is extremely elastic since it is almost horizontal.
When a tax is imposed on a good, the largest burden will fall on the side (suppliers or consumers) whose demand or supply curve is more inelastic. When a curve is inelastic, it means that a 1% price change will affect the quantity demanded in a smaller proportion.
