Answer: Sales price per unit less total variable cost per unit.
Explanation:
Cost-volume-profit analysis works by dividing the expenses faced by a business in the production and/ or selling of goods into fixed and variable costs.
To calculate the contribution margin in such a scenario, the Total variable cost incurred per unit is deducted from the sales price per unit. From this figure, the fixed cost can then be subtracted to find the operating income per unit.
If one wants to find the breakeven volume, you can divide the Fixed assets by the Contribution margin.
Maria involved with tragedy of the commons phenomenon.
The required details for tragedy of the commons in given paragraph
In economics, the tragedy of the commons is a scenario wherein man or woman users, who've open get right of entry to to a useful resource unhampered with the aid of using shared social systems or formal guidelines that govern get right of entry to and use, act independently in step with their personal self-interest and, opposite to the not precise of all users, reason depletion of the useful resource via their uncoordinated action. The idea originated in an essay written in 1833 with the aid of using the British economist William Forster Lloyd, who used a hypothetical instance of the results of unregulated grazing on not land in Great Britain and Ireland. The idea have become broadly referred to as the "tragedy of the commons" over a century later after a piece of writing written with the aid of using Garrett Hardin in 1968. Faced with proof of ancient and present commons, Hardin later retracted his authentic thesis, mentioning that the name must have been "The Tragedy of the Unmanaged Commons".
Although taken as a hypothetical instance with the aid of using Lloyd, the ancient death of the commons of Britain and Europe resulted now no longer from misuse of long-held rights of utilization with the aid of using the commoners, however from the commons' owners enclosing and appropriating the land, abrogating the commoners' rights.
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The Money is the price of labour
Answer:
<h2>A reduction in the oil prices in United States would lead to a a larger reduction in the GDP deflator than the CPI.Hence,the correct answer in this case is option D) or a larger reduction in the GDP deflator compared to the CPI.</h2>
Explanation:
In Macroeconomics GDP deflator and Consumer Price Index(CPI) both indicates the fluctuations or variations in the overall price level of all the goods and services in the economy.However,CPI only includes the prices of goods and services that are finally consumed or purchased by the consumers or buyers in the economy and excludes the goods and services involved in any commercial,business to business or government exchange or transaction.On the other hand,GDP deflator estimates the price level of all the goods and services produced by the economy.Therefore,GDP deflator is a relatively comprehensive and broader price indicator in the economy compared to the CPI and is inclusive of all types of commercial transactions between all entities,unlike CPI.Now,in this context,oil is used both for final consumption by consumers or buyers as well as for commercial purposes or intermediate good by firms and companies for production of final goods and services.In many common instances,oil is heavily traded in the international market and is a major export commodity for most of the oil producing countries.Therefore,CPI,in this case,would only register the reduction in price of oil that has been used only for final consumption by the consumers or buyers in the economy.In contrast,GDP deflator will account for the overall reduction in price of oil that is produced by US in general which is used for all commercial,government or administrative and final consumption.Consequently, oil price reduction in US will cause a relatively higher reduction in its GDP deflator than the CPI.
Answer: Option (B) is correct.
Explanation:
Product costs are the that are incurred during the production of a product. Various costs are involved in this product cost such as direct labor cost, consumable production supplies, direct material, etc. It is calculated by multiplying the cost driver rate to the number of the units of cost driver that are used in the production of each product.