Statement: <span>"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night
</span>The type of consideration: <span>A benefit to the promisor
Promisor is the person who makes a promise. A person promises to refrain to not got to the bed later than 11:00 pm at school night is for the long term benefit of the person who is making the and not who is asking for the promise.</span>
Answer:
The labor cost per unit is lowest for China and is $0.40 per unit
Explanation:
Country Labor Wage per Day Wages per Production Labor cost
count per labor Day units per day per Unit
L w W=L×w P l=W÷P
Myanmar 7 $2.50 17.50 38 $0.46
China 9 $2.00 18.00 45 $0.40
Billings/ 4 $57.00 228.00 102 $2.24
Montana
The labor cost per unit is lowest for China and is $0.40 per unit
Answer: You can try to leave work at work, but the thought of what you went through, or what you have to go through the next day, will affect your home life. As those thoughts enter your mind, you will feel your stress level start to rise.
Explanation:
Answer:
False.
Explanation:
(1) Units produced = 24 units of output
At the 24th unit of output,
Marginal revenue = $5
Marginal cost = $4
MR ≠ MC
At the 25th unit of output,
Marginal revenue = $4.50
Marginal cost = $4.50
MR = MC
At the 26th unit of output,
Marginal revenue = $4
Marginal cost = $5
MR ≠ MC
A firm maximizes its profit at a point where the marginal revenue is equal to the marginal cost i.e. MR = MC.
It is clear from the above scenario that this firm doesn't stop at 24 units of output because at this point of production profit maximizing condition is not fulfilled which means MR ≠ MC.
This firm should stopped at 25 units of output where marginal revenue is equal to the marginal cost from the 25th unit of output.
Answer and explanation:
Under such a scenario, it is important to highlight that the SWOT analysis is useful to spot the internal Strengths and Weaknesses of the firm as well as the external Opportunities and Threats of the market. The SWOT analysis is a helpful tool that allows companies to understand what their core competencies are as well as the components that need improvement. At the same time, the SWOT analysis gives the firm an idea of what are the sectors of the market that could bring potential profits for the entity and which ones represent potential losses.
