B. documentation of personal belongings
Calculating average cost of steak initially when only 5000 pounds was produced
Average cost= 50000/5000
AC= 10$
Now when 1 pound is added only 9$ is added in total cost so marginal cost
MC= 9$
From above calculations we can see that AC>MC
so we can say that the average cost of production is greater than marginal cost so it will be beneficial to produce more
Answer:
Overhead incurred for may is $8,250
Explanation:
Factory overheads are costs that don not contribute directly to production.They are also know as indirect costs and include items such as insurance costs,administrative expenses, licensing, insurance, facility upkeep costs etc.
In B&T's case factory overhead items include:
a) Indirect labor - $6300
b) Property taxes on production facility - $810
C) Factory heat,lights and power - $970
d) Insurance of plant and equipment <u>- $170</u>
Total factory Overhead for May = Indirect labor + Property taxes on production facility +Factory heat,lights and power + Insurance of plant and equipment
Total factory Overhead for May = 6300 + 810 + 970 + 170 = $8250.
The best option in the situation of Dawn is to chose a
primary site, for it will be able to provide her the alternative she needs in
her facility and organization’s primary data center as this allows multiple
servers and network allocation that is needed by them.
Answer:
The correct answer to the following question will be "Mixed economy".
Explanation:
A Mixed economy is described in different ways as an economic structure that combines elements of markets along with the elements of socialist economies, free markets with state expansionism, or private enterprise with the social sector.
The key characteristics of the mixed economy are as follows:
- The co-existence of the public and private sectors.
- Private Sector Policy.
- Reduction of wealth and income inequalities.
- The motive of concern for business.
It's an economy where most decisions related to economic derive from the engagement between sellers and buyers in markets, but for which the government plays an important role throughout the distribution of resources.
Therefore, a Mixed economy is the right answer.
