Answer:
$6.00
Explanation:
Calculation for Oerther Corporation average fixed cost per unit assuming that the level of activity is within the relevant range
Calculation for fixed cost per unit
Average Fixed cost per unit = Total fixed cost/Unit
Where :
Total fixed cost = 31,200
Unit =5,200
Hence:
Average Fixed cost per unit= 31,200/5,200
Average Fixed cost per unit= $6.00
Therefore Assuming that the level of activity is within the relevant range the Average Fixed cost per unit would be $6.00
Answer:
D. ceteris paribus condition
Explanation:
The Latin words “Ceteris paribus”, means “all other things remain the same”. It is an assumption usually included when by economists when stating laws or concepts such as demand and supply. Because, actually in the real word, it is feasible to eliminate other variables that might influence an outcome, aside the variables under study. So therefore, we assume all other variables remain constant, when stating the relationship between two variables. For example, when constructing a demand curve showing the relationship between price and quantity demanded, we assume that all other variables that can influence demand other than price, remain the same, which in reality might be difficult to isolate.
Answer: Stratified random sampling
Explanation:
Given : The manager of the customer service division of a major consumer electric company is interested in determining whether the customers who have purchased a Blu-ray player made by the company over the past 12 months are satisfied with their products. If there are 4 different brands of Blu-ray players made by the company.
The best sampling strategy which we can use is stratified random sampling because it is not much costly and also it induces the efficiency . We can me different strata according to the 4 brands , then we can randomly select participants for the sample.
- Stratified random sampling is a method of probability sampling in which a researcher divides the entire population into multiple homogeneous groups known as strata and then he randomly select an sample members from each strata for research .
<span>Before entering the next project, a review must be in place to capture lessons that have been learned from the recent project. Management requires this to maintain quality output and further improve. A project profile is also done to document all that has transpired including costs, contracts, and customer feedbacks.
Source: Project Management for Instructional Designers</span>
