Answer:
A) 0%
Explanation:
The unemployment rate in the town of Marble Falls refers to the portion of the active population which is not employed
Initially, there were 2 people actively searching for means of livelihood, six weeks down the line, they lost interest in job search, which means that by then, they were no longer in the unemployed category since they have stopped looking for job opportunities.
In essence, when the 2 people left the unemployed category, no one was left, which translated into the unemployment rate for the town of Marble Falls
High end and low end versions of the same items to capture more of the market.
Tiffany's sells high-end fine jewelry at higher prices. Walmart also offers nice jewelry at much lower prices.
Answer: Option A
Explanation:
From the question, the demand given is 250,000
For Option A,
Fixed cost = $25000
Variable cost = $0.1 per candle
Total cost = Fixed cost + Variable cost
Total cost = $25000 + ($0.1 × 250,000)
= $25,000 + $25,000
= $50,000
For Option B,
Fixed cost = $10000,
Variable cost = $0.5 per candle
Total cost = Fixed cost + Variable cost
Total cost = $10000 + ($0.5 × 250,000)
= $10,000 + $125,000
= $135,000
Therefore, the board should select option A as the total cost is cheaper than option B.
