Answer:
Explanation:
A) Energy can be both a fixed cost and a variable cost for a company. This is due to the sense that energy in the form of fixed electricity bill even when no production takes place (telephone bill), a fixed cost and electricity bill when production takes place would be a variable cost
B) An increment in fixed cost will shift the ATC curve to the right while the MC curve would remain the same because MC is the change in variable cost as output increases and is not related to fixed cost.
C) Corn cost is a variable cost for ethanol producer as each unit of corn is used to produce ethanol and thus use of corn is reliant upon how much ethanol is produced. This makes corn a variable input dependent on the production of output, therefore, the cost of corn is variable.
D) An increment in the variable cost will shift the ATC curve to the right and individual MC curve to the right.
I think the better one is D.
Answer:
A=167.74
B 96.15%
C 95.43%
D 1.02 days
Explanation:
A)No of days in the year = 365
Total no of services days = 26106 + 35120 = 61226
Average daily census = 61226/365=167.74
B) Bed occupancy rate for January - June 3.
= Total number of inpatient days * 100/ Available beds * number of day
=26106*100/150*181=96.15%
C)Bed occupancy rate for July - December=
Total number of inpatient days * 100/ Available beds * number of day
35120*100/200*184 = 95.43%
D)
ALOS (Average length of days)=Total inpatient days /Total Discharges
61226 + 9601/59788 + 9588= 1.02days
Answer: Economics studies the behaviour of human beings when there is scarcity and choices have to be made.
Explanation:
Economics is a social science i.e study of human behavior in relation to the manufacturing, distribution and consumption of products. Economics focal point is the interaction and behaviour of economic agents (households, firms and governments) and how economies work.
Economics is divided into microeconomics and macroeconomics. Microeconomics deals with the small elements in the economy such as interaction of markets and prices of certain products. Macroeconomics deals with the whole economy and issues discussed include unemployment, economic growth, inflation etc.
Answer:
The number of labor employed by the plant is 160
Explanation:
The computation of the labor employed at the plant is shown below:
= Yearly production ÷ (labor hours per month × productivity × month per year)
= 57,600 ÷ (200 hours × 0.15 × 12)
= 57,600 ÷ 360
= 160
Hence, the number of labor employed by the plant is 160 and the same is to be considered
We simply applied the above formula
