Manufacture is a verb. However is an adverb, cruel is an adjective, and maintenance is a noun
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Answer:
He must deposit $10,168.07 per year to reach the future value of $1,000,000.
Explanation:
Giving the following information:
Final value= 1,000,000
n= 25
Interest rate= 10%
We need to calculate the annual deposit necessary to reach the goal of $1,000,000.
To calculate the annual deposit, we need to use the following variation of the future value formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,000,000*0.1) / [(1.10^25) - 1]
A= $10,168.07
He must deposit $10,168.07 per year to reach the future value of $1,000,000.
Answer:
d. 9,200 units.
Explanation:
The computation is shown below for break-even points in units:
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Fixed costs = $260,000 + $11,400 = $271,400
Contribution margin per unit = Selling price per unit - variable cost per unit
= $50 - $20.5
= $29.5
Now put these values to the above formula
So, the units would equal to
= $271,400 ÷ $29.5
= 9,200 units
The law of diminishing marginal returns---<u>explains why the average </u><u>total costs</u><u> and</u><u> marginal cost curves </u><u>are U shaped in the </u><u>short run.</u>
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Option C is correct.
<h3>What is the law of diminishing marginal returns?</h3>
The law of diminishing marginal returns states that when a firm uses more than one variable factor of production for a given fixed quantity of factors of production, the marginal product of the variable factor of production that will eventually drop.
<h3>Why is diminishing profit margin important?</h3>
The law of diminishing marginal returns is one of the fundamental principles of economics and is very important in finding the right balance of production in an organization. Regardless of the nature of the business, understanding the law of diminishing marginal returns will have a direct impact on its performance.
Learn more about law of diminishing marginal returns :
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