In Colonial America, laborers were<br> a. in abundance<br> b. paid good wages<br> c. in short supply

A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 15 loans per da

anyanavicka [17]

Answer:

a) 46.7, 80 b) 20, 60 c) yes

Explanation:

a) % utilization= utilization/design capacity × 100

= 7/15 × 100

= 46.7%

% efficiency= efficiency/design capacity × 100

= 12/15 × 100

=80%

b) Utilization= 2/10 × 100 = 20%

Efficiency= 6/10 × 100= 60%

c) A system with higher efficiency ratios will always have higher utilization as these systems will have lesses number of failures

6 0

3 years ago

1. Consider an economy with a population of 100,000 households. 60 percent of households reportan annual income of $25,000 ("low

Leona [35]

Answer:

The total income earned by households in this economy is:

$4,700,000,000

Explanation:

a) Data and Calculations:

Household population = 100,000

Low earners = 60% with annual income of $25,000 each

Mid earners = 30% with annual income of $70,000 each

High earners = 10% with annual income of $110,000 each

60% of the population = 60,000 (100,000 * 60%) households

30% of the population = 30,000 (100,000 * 30%) households

10% of the population = 10,000 (100,000 * 10%) households

Total income earned by the households:

Low earners = 60,000 * $25,000 = $1,500,000,000

Mid earners = 30,000 * $70,000 = 2,100,000,000

High earners = 10,000 * $110,000 = 1,100,000,000

Total income earned in the economy $4,700,000,000

3 0

2 years ago

The decision to innovate

sukhopar [10]

Answer:

D hope that helps you out

7 0

3 years ago

What is the importance of linear model communication

bija089 [108]

Answer:

The linear communication model explains the process of one-way communication, whereby a sender transmits a message and a receiver absorbs it. It's a straightforward communication model that's used across businesses to assist with customer communication-driven activities such as marketing, sales and PR.

Explanation:

4 0

3 years ago

Why net profit will be higher if increases average prices to customers?

vampirchik [111]

Answer:

Higher prices with same sales quantity will mean greater profit.

Explanation:

Let's hold some variables constant. If a business sells books, and they take the prices up, if they sell the same quantity (at higher prices) this would increase revenues. Higher revenues, less the same cost structure (variable and fixed costs) will lead to a greater profit generation. Of course in the real world, price elasticity of demand comes in play when prices are changed. If prices go up, typically sales quantity will decrease and there may be a net effect in revenue and hence profit. In the simple case where prices go up and sales quantity is unaffected, net profit will rise.

6 0

3 years ago

In Colonial America, laborers were a. in abundance b. paid good wages c. in short supply