1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kow [346]
3 years ago
12

An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 un

its. Each unit of capital costs $10; each unit of raw materials, $4; and each unit of labor, $3.
If the per unit price of raw materials rises from $4 to $8 and all else remains constant, the per unit cost of production will rise by about:

A) 50 percent.
B) 30 percent.
C) 40 percent.
D) 100 percent.
Business
1 answer:
fgiga [73]3 years ago
6 0

Answer:

B 30 percent

Explanation:

Initial cost of production = (2×$10) + (5×$4) + (8×$3) = $20+$20+$24 = $64

New cost of production = (2×$10) + (5×$8) + (8×$3) = $20+$40+$24 = $84

% rise in cost of production = (new cost - initial cost)/initial cost × 100 = (84 - 64)/64 ×100 = 20/64 × 100 = about 30%

You might be interested in
The decision by GE to do business, through subsidiaries, with Iran would have been made at what organizational level? a. First-l
bekas [8.4K]

Answer:

D. Top management

Explanation:

The top management of a company has the duty to oversee the entire company's operation. They are also the one that make a decision which will heavily influence the company's position in the future.

A decision for company to do business with subsidiaries with another country possess a lot of risk. It tends to require a lot of investment but with equally higher return.  Decision with this magnitude will most likely fall to the hands of the top managers in the company.

3 0
3 years ago
Helpppp ASAPPP
crimeas [40]
List three services provided by a travel agent that benefit a business person who travels overseas frequently?
Familiarity with preferences for departure and return, seating is desirable and reliable
6 0
3 years ago
In the past, the policy-making relationship between states and the federal government was called ______, since there was clear s
jeka94

In the past, the policy-making relationship between states and the federal government was called Dual federalism, since there was a clear separation of policy responsibility between the two levels.

Dual federalism, also known as hierarchical federalism or shared sovereignty, is a political arrangement in which powers are clearly divided between federal and state governments, with state governments exercising delegated powers without federal interference. .

Even the House and Senate are examples of dual federalism. Both houses may be involved in approving federal laws that affect different states and require state involvement, but issues can only be passed through the senator's desk or state senators. representative.

Learn more about Dual federalism here: brainly.com/question/5544302

#SPJ4

7 0
1 year ago
Explain how the stock market operates, and list the distinctions between the different types of stock markets
nasty-shy [4]

Answer:

When you invest in the stock market your are buying a small piece of a company. Let's say you think that elon musk will evolve tesla's and tesla will be the largest car brand around the world. Then you would want to buy a piece of tesla so that you can make money as the company grows.

Why would you want to invest in the stock market?

In this modern day companies are growing more than ever and will continue to as long as companies and businesses are around, and this is how you can make money in the stock market. Back in the day stocks like netflix, amazon and apple were as low as $5 a share and this was when the companies weren't as famous. As these industries and companies started to grow, you can see the growth of the stock price over the course of time. If you bought multiple shares of these stocks back when it was only $5 for ONE share, you would have a lot of money just made in the stock market.

The stock market goes up and down due to supply and demand. Prices go up when there are more buyers than sellers and will go down if there are more sellers than buyers.

I don't know if this answers your question completely but this is just a basic explanation.

Explanation:

4 0
2 years ago
When deleting a check all of the following is true except: Multiple Choice It is better to delete the check than void the check
schepotkina [342]

Answer: It is better to delete the check than void the check in order to erase all records of the transaction

Explanation:

When a check is deleted, it should be noted that such check is being removed entirely from the system and also the transaction of the check will no longer be visible anywhere in the system.

Voiding a check mean that the amount of the transaction on the check will be changed to zero but it should be ited that a record of such transaction will still be kept in QuickBooks but deleting it will help remove the transaction in QuickBooks.

When a check is voided, the check details like the check number, account, payee, memo and date will be unchanged, even though the amount will change to zero.

Therefore, the option that says that it is better to delete the check than void the check in order to erase all records of the transaction isn't true.

4 0
3 years ago
Other questions:
  • Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 0.80 C $
    14·1 answer
  • Chandra spent part of her workday booking flights and accommodations for her vacation next month. she tells herself that this is
    12·1 answer
  • Which luxury brand shares its name with the french explorer who is credited with naming canada?
    11·1 answer
  • Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
    5·2 answers
  • When creating a new quickbooks data file for an existing company, opening balances are added when you:?
    10·1 answer
  • Individuals and organizations can give an unlimited amount of money to
    8·1 answer
  • ​finn and glenda want to form and do business as hobby crafts corporation. a corporation is
    10·1 answer
  • Riley is a 50% partner in the RF Partnership and has an outside basis of $56,000 at the end of the year prior to any distributio
    15·1 answer
  • A local government sells bonds having a face value of $1,000,000 at par. The bond proceeds will be accounted for in a Capital Pr
    6·1 answer
  • Cherry Valley Lumber's (CVL) lumber mill produces boards of various sizes and quality specifications for the home construction i
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!