Answer:
It is False
The law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold in different.
Answer: Technician B is correct.
Explanation:
When checking for oil in the engine. One should only Locate the oil dipstick which will give a correct measurement to know how much is in the engine.
Technician A gave wrong information which can lead to environmental hazards if one heeds to his advice
Technician B gave the right answer by saying that oil on the DIPSTICK that catches fire when lit is a sign of fuel in the oil and not the entire oil as proposed by Technician B
Answer:
c.154
Explanation:
In a safety stock problem where both demand and lead time are variable, demand averages 150 units per day with a daily standard deviation of 16, and lead time averages 5 days with a standard deviation of 1 day. The standard deviation of demand during lead time is approximately: 154 units
Answer:
PV of the six year annuity = $201,923.57
Explanation:
<em>This is an example of an advanced annuity. A series of constant amount receivable for certain number of years with first one occurring immediately.</em>
Present Value of the annuity for the next five years=
A× 1- (1+r)^(-n)/r
A- annual cash flow, n- number of period, r-interest rate per period
A- 43,000, r- 11%, n- 5
=43,000× (1- 1.11^(-5))/0.11
=158,923.57
The first cash flow of 43,000 occurs immediately , hence it is already discounted. Hence the PV of the total cash flows would be the sum of the PV of the next five year cash flows and the one received now.
Hence,
PV = 158,923.57 + 43,000= 201,923.57
PV of the six year annuity = $201,923.57
Economies of scale refers to the fact that as the quantity of product produced in a given time period <u>increase</u>, the cost of manufacturing each unit <u>decreases</u>.
<h3>What is Economies of scale?</h3>
Economies of scale can be defined as the benefit a company or organization enjoy for expanding their business or the cost benefit a business derived when they increases their level of output.
Therefore Economies of scale refers to the fact that as the quantity of product produced in a given time period <u>increase</u>, the cost of manufacturing each unit<u> decreases.</u>
Learn more about economies of scale here:brainly.com/question/780900
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