Answer: Option A
Explanation:
From the question, the demand given is 250,000
For Option A,
Fixed cost = $25000
Variable cost = $0.1 per candle
Total cost = Fixed cost + Variable cost
Total cost = $25000 + ($0.1 × 250,000)
= $25,000 + $25,000
= $50,000
For Option B,
Fixed cost = $10000,
Variable cost = $0.5 per candle
Total cost = Fixed cost + Variable cost
Total cost = $10000 + ($0.5 × 250,000)
= $10,000 + $125,000
= $135,000
Therefore, the board should select option A as the total cost is cheaper than option B.
Answer:
c
Explanation:
The adaption model was developed by Miles and Snow (1978)
Businesses are classified as :
- Reactors
- Defenders
- Analysers
- prospectors
Company XYZ can be classified as a defender. this is because they have taken steps to increase control internally. It also has a lot of rules which might stifle adaption
Answer:
Option (2) is correct.
Explanation:
A supply curve is a graphical representation of quantity supplied of a commodity at every price level. The law of supply states that there is a direct relationship between the price of the product and the quantity supplied of the product.
This is one of the main reason of upward sloping supply curve. This means that as the price of a product increases then as a result the quantity supplied for that good also increases.
Demand curve is a downward sloping curve which shows that there is an inverse relationship between the price of the good and the quantity demanded for that good.
Answer:
D. A checking account comes with a credit card.
Explanation:
A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.
Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.
its Criminal liability.
because, as seller of alcohol, you may face criminal laws if you break any law:
-Serving alcohol to a minor
-Serving a guest who is or appears to be intoxicated
-Possessing, selling, or allowing the sale of drug on the premises
Consequences include:
-Probation
-Fined
-Jailed
