Answer:
$7,500
Explanation:
last quarter production was 1,000
production for the next four quarters:
- 900 ⇒ so 100 will be fired = 100 x $5 = $500 firing costs
- 700 ⇒ so 200 will be fired = 200 x $5 = $1,000 firing costs
- 1,000 ⇒ 300 will be hired = 300 x $20 = $6,000 hiring costs
- 1,000 ⇒ no one will be fired or hired
total firing and hiring costs = $500 + $1,000 + $6,000 = $7,500
When a firm pursues a chase strategy, it means that they are following the quantity demanded which is set by the market. They only follow the demand, they do not attempt to increase or decrease it.
Answer:
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The net sales would be = Sales revenue - sales discount - sales return and allowances
= $39,000 - $1,950 - $1,755
= $35,295
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:
Answer:
the substitution effect only
Explanation:
The Substitution effect occurs when there is an increase in the level of the price so the people goes towards the cheaper products who are best alternative due to which the demand of that goods would drop
Here in the question it is mentioned that if the good contains a less price so would consumer more due to the Substitution effect only
Hence, the same is to be considered
Simply put, Decision making is defined as the process involved in making a decision. It involves comparing alternatives and finding a solution to a problem.
The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.
Kyle prefers to base decisions on lots of data, both objective data from information systems and qualitative data from people - Analytical decision style
Bill prefers simple, clear-cut solutions to problems. - Directive decision style.
Josie likes to talk to people one on one to find out how the decision will affect them - Behavioural decision style.
The correct answer would be true there are different standards for due process in civil and criminal cases.