The Director of National Intelligence is known as the President's chief adviser on intelligence matters across the executive branch.
<h3>What is the role of
Director of National Intelligence?</h3>
The director's role is to serves as the head of the Intelligence Community, directing the implementation of the National Intelligence Program budget and serving as the principal advisor to the President.
Hence, the Director of National Intelligence is known as the President's chief adviser on intelligence matters across the executive branch.
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Managerial economics can be applied to the non-profit organizations too because it help them in organizing, and controlling their resources.
Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.
<h3>What is
Managerial economics?</h3>
Managerial economics is an area of economics that is used for staffing, as well as controlling the resources of the organization.
With Managerial economics , one can carry out:
- planning
- directing
- organizing
In this case, Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.
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Answer:
The increase in operating profit is $1,829.00.
Explanation:
The rise or fall in the operating income:
= Purchase unit × ( offer price- direct material- direct labor- variable overhead)
The rise or fall in the operating income: = 1550× (2 - 0.26 - 0.4 - 0.16)
The rise or fall in the operating income: = $1829
Therefore the profit will increase by $1829
Here all the fixed cost is not considered because it is a sunk cost and variable and administrative expenses are also not considered because these costs are not going to be incurred for offer.
