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Jet001 [13]
3 years ago
13

Advantages of the method of least squares over the high-low method include all of the following except:

Business
1 answer:
Vanyuwa [196]3 years ago
3 0

Answer:

The correct answer is letter "B": Only two points are used to develop the cost function.

Explanation:

In cost accounting, the High-Low Method is used to separate fixed and variable costs using the minimal quantity of information possible. Implementing this approach means taking the highest level of production and the lowest level of production and compare the costs at each point. The Least Squares Method, instead, is a set of complex mathematical calculations considering a wider number of dependent variables.

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How many economic impact payments were there in 2021.
olga2289 [7]

Answer:

three Economic Impact Payments

Explanation:

Recovery rebate credits (Economic Impact Payments) for 2020 and 2021. To provide financial relief during a pandemic, many Americans received three Economic Impact Payments (EIP) in 2020 and 2021. The third payment, which began rolling out in March 2021, served as an advance payment of the 2021 Recovery Rebate Credit.

6 0
2 years ago
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Answer the question in the pic.
CaHeK987 [17]

Answer:

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7 0
3 years ago
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What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage?
hjlf

Answer:

Option 1 - the opportunity cost of leisure decreases as wages decrease.

Explanation:

The labour supply curve of any occupation will always be upward sloping because when wages, (the opportunity cost of leisure) rises, the more hours of leisure a staff will relinquish to do more work.  

The opposite of this is true as seen in option 1 of the question.

Opportunity costs will reduce with a consequent reduction in average wages. When fewer people want to retain their employment due to decrease in wage rates, it would lead to a fall in demand for leisure.  

6 0
3 years ago
Can someone please help mee
Vsevolod [243]

Answer:

$1,467.88

Explanation:

Net pay is the amount one receives after subtracting deductions from the gross pay. Therefore, net pay is the gross pay minus all the deductions such as social security, federal and state taxes.

In this case, the gross pay is $1,828. The total taxes are $ 360.12.

The net pay will be $1,828 -360.12.

= $1,467.88

6 0
3 years ago
Which type of facility layout is seen in the given example? George works as an operations manager for a machine manufacturer. Wi
Norma-Jean [14]

Answer: process

Explanation:just did the test on edmentum

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