The global economy continues along its low-growth path, but there are a
number of bright spots. In the U.S., despite the political uncertainty, a
strengthening consumer is driving strongerr growth. A large fiscal
stimulus under the new administration could well provide another boost
to the U.S. economy. And in many emergingg marketss the rebound that began
in 2016 appears to have momentum, supported by higher commodities
prices and structural reforms. Europe remains challenged by uncertainty
about the future of the European Union, low growth and high
unemployment.
Answer:
the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Generally, it has been proven beyond reasonable doubt that pollution is undesirable to living organisms such as humans, plants and animals in an environment.
Furthermore, we know and agree that social welfare of the people living across the world is increased by reducing pollution.
Hence, the optimal level of pollution in a society is the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
Answer: The firm manager should order 10 units today
Explanation:
Based on the information that have been given in the question, we should note that the number of units in order before it orders today will be 14.
Also, since the order up to level is 10, it simply means that the firm manager cannot order more than 10 units per day which means that option C of 14 units is Incorrect.
The correct answer will be that the firm manager should order 10 units today.
Answer:
Explanation:
The rate of production is determined by the slowest step or process.
Determine the rate of production of each step.
<em>1. The Cutting department has 6 machines that each process materials at a rate of 2 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 6 × 1 unit / 2 minute = 3 units / minute
<em>2. Drilling has 6 machines that each process materials at a rate of 3 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 6 × 1 unit / 3 minute = 2 units / minute
<em />
<em>3. Stamping has 6 machines that each process materials at a rate of 4 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 6 × 1 unit / 4 minute = 1.5 units / minute
<em />
<em>4. Welding has 4 machines that each process materials at a rate of 2 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 4 × 1 unit / 2 minute = 2 units / minute
<em>5. Painting has 2 machines that each process materials at a rate of 4 minutes per unit. </em>
- rate = number of machines × rate of each machince
- rate = 2 × 1 unit / 4 minute = 0.5 units / minute
Then, the fifth process, painting is the slowest process because it only can process 0.5 units per minute. This is the bottleneck. Even if the other processes worked faster, the production could not exceed the number of machines that can be painted per hour.
To find how many units can be painted or produced by hour multiply the rate by the number of minutes in one hour:
- 0.5 units/min × 60 min/hour = 30 units / hour.
Therefore, the capacity of the entire five-step process is 30 units per hour.
Answer:
correct option is b. $200,000
Explanation:
given data
Intercept = 40,000
Slope = 20
machine hours X = 8000
to find out
what is the predicted cost of equipment maintenance for April
solution
we will use here least square equation that will be
Y = intercept + Slope × X ............................1
here Y is cost of maintenance and X is maintenance hours
so put here value we get from equation 1
Y = 40000 + ( 20 ×
8000 )
Y = 40000 + 160000
Y = 200000
so predicted cost of equipment maintenance for April is 200000
correct option is b. $200,000
