I think ( prototype)
If the constructor function is a machine to create object instances, then the <em><u>prototype</u></em> is the blueprint for the objects that are created.
The incorrect statement is : The income from the TSA is received income tax-free. Upon retirement, payments received by employees from the accumulated savings in tax-sheltered annuities are treated as ordinary income.
Answer:
The statement is: False.
Explanation:
Managers must <em>make decisions based on facts and support data</em> -such as the accounting books of the company- since those sources provide <em>objective information</em> on what is happening in regards to the organization. Even if they might be allowed to follow their instinct in taking risky investment decisions, a <em>study </em>must be made before taking a step forward to analyze what the best output could be.
Thus, guessings and personal points of view are not enough for managers to conduct business.
Answer:
Profit Maximising Quantity = 775
Explanation:
Price P = 35 - 0.02Q
Total Revenue TR = Price x Quantity = P X Q
= (35 - 0.02Q)(Q) = 35Q - 0.02Q^2
Total Cost TC = 8000 + 4Q
Profit = TR - TC
[35Q - 0.02Q^2] - [8000+4Q] = 35Q - 0.02Q^2 - 8000 - 4Q
Profit Function = - 0.02Q^2 + 31Q - 8000
To find out profit maximising Quantity , we will differentiate Profit Function with respect to Q & equate it to 0.
dTR/ dQ = -0.04Q + 31 = 0
Q = 31/0.04 = 775
To verify whether 775 is profit maximising Q, we will do second derivative & check that it is negative.
d^2TR/ dQ^2 = -0.04 i.e < 0 (negative)
So 775 is profit maximising quantity
