Answer:
I. Consumer Reports: consumer advocacy publication.
II. Federal Trade Commission (FTC): competition regulator.
III. Food and Drug Administration (FDA): consumer protection agency.
Explanation:
I. Consumer Reports: consumer advocacy publication. It is a non-profit organization in the United States of America saddled with the responsibility of consumer advocacy, investigative journalism, product testing and the enlightening of the general public.
II. Federal Trade Commission (FTC): competition regulator. It is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.
III. Food and Drug Administration (FDA): consumer protection agency. It is a federal agency of the government of the United States of America saddled with the responsibility of protecting the consumers of edible products and public health safety.
Answer:
The marginal revenue product of the second worker is:_______
a. $16.
Explanation:
a) Data and Calculations:
Quantity of Labor Total Product Total Revenue Marginal Revenue
1 4 $16 $16
2 8 32 $16
3 11 44 $12
4 13 52 $8
5 14 56 $4
b) The Marginal Revenue of labor refers to the additional revenue that is derived when one additional unit of labor is employed into production. It can be calculated by deducting the total revenue obtained by the addition of one unit of labor to the total revenue before the addition.
Answer:
January $151,575
February $248,675
March $305,525
Explanation:
The computation of the cash collections is shown below:
January month
= January credit sales × month of sale collection percentage
= $202,100 × 75%
= $151,575
February month
= January credit sales × following month collection percentage + February credit sales × month of sale collection percentage
= $202,100 × 25% + $264,200 × 75%
= $50,525 + $198,150
= $248,675
March month
= February credit sales × following month collection percentage + February credit sales × month of sale collection percentage
= $264,200 × 25%+ $319,300 × 75%
= $66,050 + $239,475
= $305,525
Answer:
APR 6.498%
Explanation:
We solve for rate using excel goal seek
we write on A1:
=PV(A2;60;2,250)
Now, on A2 wirite any number as a placeholder
Last we use goal seak tool to make the A1 value of 115,000 changin A2 (which is the rate)
C 2,250.00
time 60
rate 0.00541501
PV $115,000.0007
now, this rate will be monthly so we multiply by 12
0.00541501 x 12 = 0,06498012 = 6.498%
Answer:
Minstrel Show
Explanation:
The Minstrel Show was a 19th-century theater format in which white artists played black people. Interpretations were pejorative, where blacks were interpreted as ignorant, lazy, and comic people. It is noteworthy that these shows took place in the context of the American civil war, where there was still slave culture.