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3 years ago

A transaction between two parties who agree to trade money for a product or service is referred to as _____ exchange.

1 answer:

3 0

The answer to this question is: Voluntary exchange
In economy, voluntary exchange refers to the trade of resources between two parties that based on their own will.
This type of exchange usually could only happen because both parties feel that they will be advantaged from the exchange

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The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each

zzz [600]

Answer:

40 air conditioner and 60 fans yield a 1,900 dollar profit

Explanation:

$Maximize: 26x_1+15x_2\\$Subject to:\\3x_1+ 2x_2 =240\\2x_1+x_2 =120$

We apply this constrain on excel solver tool.

Wiring Drilling Profit per unit Total Profit

AC 40 units 120 80 25 1000

Fan 60 units 120 60 15 <u> 900 </u>

240 140 1900 1,900

8 0

3 years ago

Jones Lumber Co. has annual fixed costs including depreciation of $300,000 and variable costs that are 88.25 percent of sales. W

STALIN [3.7K]

Answer:

$2,553,191

Explanation:

The formula to compute the break even point in dollars amount is presented below:

= (Fixed cost ) ÷ (Profit volume ratio)

where,

Fixed cost = $300,000

And the profit volume ratio would be

= (Contribution margin) ÷ (Sales) × 100

We assume the sales be 100%

So, the variable cost is

= 88.25%

And, the contribution margin is

= 100 - 88.25

= 11.75%

So, the break even sales would be

= $300,000 ÷ 11.75%

= $2,553,191

7 0

4 years ago

Skyline Corp. will invest $130,000 in a project that will not begin to produce returns until the end of the 3rd year. From the e

koban [17]

Answer:

NPV = $23,146.99

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

The NPV can be calculated using a financial calculator:

Cash flow in year o = $- 130,000

Cash flow each year in year 1 and 2 = 0

Cash flow each year in year 3 to 12 = $34,000

I = 12%

NPV = $23,146.99

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0

4 years ago

You have a workbook that contains sales data for different regional sales reps of a company. which task is the least likely to b

arsen [322]

The least likely task to be done while the worksheets are grouped when you have a workbook that contains sales data for different regional sales representatives of a company, is to make sure that you ungrouped sheets if ever you want to perform a task on only one worksheet because if you forget to ungroup sheets you could potentially ruin several worksheets by overwriting data on all worksheets instead of just the active worksheet.

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3 years ago

If the absolute price of good X is $10 and the absolute price of good Y is $14, then what is (a) the relative price of good X in

Yuri [45]

Answer:

1X= 5/7Y

1Y= 7/5Y

Explanation:

Relative price of product of X in terms of product Y is the price of product X expressed a fraction of product of Y, that is $10/$14=5/7,and it is expressed in standard terms 1X=5/7Y

The relative price of product Y in terms of product X is $14/$10=7/5 and also can be expressed in standard format as IY=7/5Y

All in all, product the relative price of product Y seems to be higher than the relative price of product x

8 0

3 years ago

A transaction between two parties who agree to trade money for a product or service is referred to as​ _____ exchange.

A transaction between two parties who agree to trade money for a product or service is referred to as _____ exchange.