Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
The probability of event B given that event A has already occurred is known as a CONDITIONAL PROBABILITY.
Conditional probability is written mathematically as: P[B/A], where P stands for probability.
Event A and B can be dependent or independent and this will have effect on the general formula of conditional probability, that is, the formula will change in form depending on the relationship between the two events.
Answer:
c. Balance of trade is equal to the sum of current account balance and financial account balance.
Explanation:
The balance of trade is the difference in value between a country's imports and its exports over time. Balance of trade ( BOT) is expressed in monetary terms. If a country has more exports than imports, it has a positive trade balance or a trade surplus. Balance of trade is also known as international trade balance or trade balance.
Economists use the balance of trade in determining the country's current account. A trade deficit or trade surplus on its own does not mean that the economy is weak or strong in that period. The balance of trade is obtained by subtracting net imports from net exports.
Answer:
$22.5 per unit
Explanation:
Given that,
When 15,000 units produced,
Company has fixed costs per unit = $18 per unit
Company has variable cost per unit = $9 per unit
Therefore,
Total fixed cost at 15,000 units:
= 15,000 units × $18 per unit
= $270,000
Per unit Fixed cost at 12,000 units:
= Total fixed cost ÷ 12,000 units
= $270,000 ÷ 12,000 units
= $22.5 per unit
It is used to help run your company with a more cohesive vision. You will have a greater chance to improve for success.
