How does lean six sigma define quality?

The social cost of a transaction is _________.

dolphi86 [110]

Answer:

The correct answer is letter "C": the sum of private and external costs.

Explanation:

Neoclassical economics -based on supply and demand as market drivers- define the social costs of transactions as the sum of private costs inherent in the operation and the costs consumers set because of being exposed to the transaction or the external costs. This cost differs from the private costs which are the expenditures a producer incurs in the production of a good or service.

5 0

4 years ago

Read 2 more answers

What is a ledger?

Kitty [74]

Answer:

B

Explanation:

Because because because because

7 0

3 years ago

The Haskins Company manufactures and sells radios. Each radio sells for $76.00 and the variable cost per unit is $40.00. Haskin'

nevsk [136]

Answer:

The answer is $36.00

Explanation:

Contribution margin per unit is when variable cost per unit is subtracted from selling price per unit. Contribution is that part of revenue that was not used by variable costs and was used to cover fixed costs

selling price per unit = $76.00

variable cost per unit = $40.00

Therefore, contribution margin per unit is $76.00 - $40.00

= $36.00

5 0

3 years ago

The net income reported on the income statement for the current year was $210,000. Depreciation recorded on equipment and a buil

Lana71 [14]

Answer:

Cash flows from operating activities section

Amount in $

Net income 210,000.00

Depreciation 62,500.00

Change in Accounts Receivable -2,400.00

Change in Inventories 13,500.00

Change in Prepaid Expenses -600.00

Change in Accounts Payable 3,800.00

Change in Salaries Payable -750.00

Cash flows from operating activities  286,050.00

Explanation:

The operating activities includes net income, depreciation and changes in current assets and current liabilities. The depreciation as a non-cash item is added back in the cash flows statement.

An increase in current assets represents an outflow of cash hence the negative value and vice versa. The increase in current liabilities represents an inflow of cash hence it is positive and vice versa. Below are the changes.

Amount in $ Amount in $ D ifference

Change in Accounts Receivable 71,000 73,400 (2,400.00)

Change in Inventories 140,000 126,500 13,500.00

Change in Prepaid Expenses 7,800 8,400 (600.00)

Change in Accounts Payable 62,600 66,400 3,800.00

Change in Salaries Payable 9,000 8,250 (750.00)

7 0

4 years ago

Number of WorkersUnits of Output 00 110 290 3126 4150 5165 6180Refer to above data. Diminishing marginal returns become evident

kakasveta [241]

Answer:

The answer is "The third worker".

Explanation:

Please find the correct question in the attachment file.

$\text{Number of Workers}$ $\ Units \ of \ Out-put$ $\text{marginal Product}\\\\$ $1\ \ \ \ \ \ \ \ \ \ \ \ \ \ 40\ \ \ \ \ \ \ \ \ \ \ \ \ \ 40 \\\\2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 90 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 50\\\\ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 126 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 36\\\\ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 150\ \ \ \ \ \ \ \ \ \ \ \ \ \ 24\\\\ 5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 165 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 15\\\\ 6\ \ \ \ \ \ \ \ \ \ \ \ \ \ 180\ \ \ \ \ \ \ \ \ \ \ \ \ \ 15$

from 50 units down to 36 units.

3 0

3 years ago