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3 years ago

A company sells two products with information as follows:

Business

1 answer:

sattari [20]3 years ago

8 0

Answer:

True.

Explanation:

The Contribution margin i.e Sale price less Variable Cost per unit for product A is (15-4) is $11 & for product B is ( 21-13) is $8. for making 4 units of product A we need three machine hours, so if we divide units by machine hours only 0.9 unit of A can be made in an hour while we can made 5 units in 0.7 hours pf product B, so if we divide 5 by 0.7, approximately 7 unit of B can me made in an hour.

Thus, in the production of 1 hour we can make $10 from product A while we can make $ 57 from product B.

Product A Product B

S.P $15.00 $21.00

V.C $4.00 $13.00

Contribution Margin Per unit $11.00 $8.00

Units Produce Per hour Production 0.9 7

CM Per hour $10.27 $57.14

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Eleni's landscaping company placed two orders. *The first order was for 13 bushes and 4 trees and totaled $487. *The second orde

Maksim231197 [3]

Answer:

Price of One Bush is $ 23

Explanation:

Suppose

bushes = B

trees = T

According to given condition:

13B + 4T = 487 (Eq: 1)

6B + 2T = 232 (Eq: 2)

Multiplying (Eq: 2) by 2

12B + 4T = 464 (Eq: 3)

Substractign (Eq: 3) from (Eq: 1)

13B + 4T - (12B + 4T) = 487 - 464

13B + 4T - 12B - 4T = 23

B = 23

By putting value of B in (Eq: 1)

(13 x 23) + 4T = 487

299 + 4T = 487

4T = 487 - 299

4T = 188

T = 188 / 4

T = 47

Price of One Bush = B = 23

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3 years ago

In the short-run, if there is a surplus in the market for a product, the rationing function of price can be expected to cause:

Diano4ka-milaya [45]

Option D

In the short-run, if there is a surplus in the market for a product, the rationing function of price can be expected to cause: a decrease in the market price of the product.

<h3>Explanation:</h3>

When quantity provided surpasses quantity required, a surplus endures. If the value goes up, the amount of necessitated goes downward. If the price drops, the quantity required raises. Price ceilings limit a price from growing beyond a particular level.

When a price ceiling is fixed under the equilibrium price, the amount required will pass quantity fulfilled, and excess demand or deficits will result. Price floors block a price from dropping below a reliable level. When a price floor is fixed beyond the equilibrium price, the measure supplied will exceed the quantity needed, and excess stock or surpluses will happen.

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3 years ago

Pickwick Production offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the b

julsineya [31]

Even though the company is no longer able to pay the retirees, they are still protected because The Pension Benefit Guarantee Corporation will pay a basic benefit. 

The Pension Benefit Guarantee Corporation:

Was created to protect the pensions of millions of Americans
Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them

The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.

In conclusion, The Pension Benefit Guarantee Corporation will pay out something to the retirees.

Find out more at brainly.com/question/7331178.

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As manager of Kids Skids, Meghan wants to develop her relationship management skills. In order to do this, she learns how to

larisa86 [58]

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3 years ago

Which of the following people is functioning as a producer?

Natalija [7]

Answer:

D. Simon, who is baking a cake that will be sold in a bakery

Explanation:

Simon is the producer here because he is producing a product to sell on the market.

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