Answer:
$24,25
Explanation:
Cost per unit (Variable Costing) = Variable manufacturing costs
= Direct Materials + Direct Labor + Variable Overheads
= $ 9.00+$ 8.50+$ 6.75
= $24,25
Therefore, the total production cost per unit under variable costing if 25,000 units had been produced is $24,25
Answer:
Where I grew up, I went to a vocational school for just the beginning of the year, then left to a charter school, At a vocational school, I can choose a cooking class, welding, mechanic, and some other neat stuff, it's kinda of preparing you to be independent, but also you can do it working with other people too.
They are strict with absences and tardies, 3 tardies make one absence, and absences put penalties on your highschool resume/record, depending on how many penalties from absences and tardies you get, they kick you out of the school which is not fair if you have construction workers on the road slowing you down on your way to school for 3 months.
If you do a vocational school, collages you want to go to are more likely to take you in faster than a person who went to a regular high school.
Answer:
Real GDP growth increases only in the short run, and the inflation rate increases in both the short run and the long run.
Explanation:
An increase in the growth rate of money supply will result in an increase in inflation in both the short run and the long run.
Long run growth of the real GDP growth depends on the effective use of resources and technology, not the money supply.
A small increase in the money supply is always needed to support economic growth, that is why one of the few ideas that most economists agree upon is that the inflation rate should be between 1.5 - 2% per year.
Answer:
sets the price and determines the quantity it sells in the marketplace.
Explanation:
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Generally, a perfectly competitive market is characterized by the following features;
1. Perfect information.
2. No barriers, it is typically free.
3. Equilibrium price and quantity.
4. Many buyers and sellers.
5. Homogeneous products.
Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.
In perfect competition, an individual firm sets the price and determines the quantity it sells in the marketplace.
Investors can receive compounding returns by investing their earnings back into their original investment. For example, if they earn $10 from a stock they invested in, they would place that $10 back into the stock that earned them that money.
