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3 years ago

Determine what some skills used in science are. name one science skill that you have used today

1 answer:

8 0

The basic science process skills include the following: observing, inferring, measuring, communicating, classifying and predicting.
When these skills are well developed in a scientist, such a scientist will be able to identify variables, formulate hypothesis, interpret data, conduct experiment and formulate models.<span />

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] A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost wo

valina [46]

Answer:

The question is not complete, below is an example of the completely stated question:

A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost would rise to $5,008. What does this information tell you about the firm?

a. Marginal cost is $5, and average variable cost is $8.

b. Marginal cost is $8, and average variable cost is $5.

c. Marginal cost is $5, and average total cost is $8.

d. Marginal cost is $8, and average total cost is $5.

Answer:

d. Marginal cost is $8, and average total cost is $5.

Explanation:

Marginal cost of production is the change in cost, arising from the production of an additional unit of output. it is the cost of manufacturing one more unit of product. Mathematically, marginal cost is represented as:

$Marginal\ cost = \frac{change\ in\ cost}{change\ in\ quantity\ produced} \\$

change in cost (ΔC) = C₂ - C₁ = 5,008 - 5,000 = 8

change in quantity produced = Q₂ - Q₁ = 1,001 - 1,000 = 1

$Marginal\ cost = \frac{8}{1} = \$8$

∴Marginal Cost = $8

Average Total Cost (ATC) or average cost or unit cost is the total cost divided by the number of units produced. It is represented as

$ATC =\frac{TC}{Q} \\where\\ATC = Average\ total\ cost\\\TC = Total\ cost\ = \$5,000\\Q = units\ of\ goods\ produced = 1,000\\$

∴ ATC = 5,000 ÷ 1,000 = $5

4 0

3 years ago

OSHA issues fines against companies which have safety violation in order to _______.

lozanna [386]

OSHA issues fines against companies which have safety violation in order to D. Compel them to make safety improvements.

OSHA stands for the occupational safety and health administration. The OSHA administration makes sure that all safety requirements are being followed by a business to ensure quality and safety of their employees and consumers. OSHA conducts safety inspections to make sure there are no safety violations, if there are, there is a time limit set for when/how to fix the violation.

7 0

3 years ago

Read 2 more answers

How can a company´s salespeople help with product development?

Marizza181 [45]

Answer:

Salespeople, who are on the front line interacting with customers, assume one of the most important roles in the product differentiation process. A well-informed customer will usually choose the product that offers the most value. There- fore, salespeople need to position their product with a value proposition.

6 0

3 years ago

Ahrends Corporation makes 59,000 units per year of a part it uses in the products it manufactures. The unit product cost of this

AysviL [449]

Answer: $66.90 per unit

Explanation:

Cost that would be avoided is:

= Direct materials + Direct cost + Variable manufacturing overhead + part of fixed manufacturing overhead

= 20.80 + 26.50 + 6.90 + (36.10 - 31.40)

= $58.90

If the outside supplier commits to 59,000 units a year, the company should not pay more than:

= (Number of units supplied * Avoidable cost + contribution margin on other product (opportunity cost) ) / Number of units supplied

= (59,000 * 58.90 + 472,000) / 59,000

= $66.90 per unit

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3 years ago

Jenna would like to work as a computer programmer. While in college, Jenna worked in a bookstore, where she eventually moved up

TiliK225 [7]

<span>the answer d Jenna is incorrect; working in the bookstore gave her the management experience valuable in different fields.
Even though jenna's decision is correct in quitting her job in the bookstore and start to pursue her dream, her view on her previous job is wrong.
With ther past experience, Jenna now has additional skills in leading team members which would be extremely useful for her next job.</span>

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4 years ago

Read 2 more answers