Answer:
It is acknowledging a cultural symbolism about the number 13
Explanation:
A cultural symbol is an object, a behavior or a word that has a particular meaning in a culture. In Germany the number 13 is considered an unlucky number and they prefer not to use it and this is a cultural symbol. So, according to this, the answer is that the firm is acknowledging a cultural symbolism about the number 13.
$9.7295 amount of production costs would be assigned to Product A
<h3>What is
production ?</h3>
Production is the process of combining different material and immaterial inputs to create something for consumption. It is the act of producing an output, such as a good or service, that has value and contributes to people's utility.
Land, labor, capital, and entrepreneurship are the four production factors.
Production has six facets, according to Peterson and Anand (2004): technology, law and regulation, industry structure, organizational structure, occupational careers, and market.
The four factors of production are inputs used in various combinations to produce goods and services for a profit. Land, labor, capital, and entrepreneurship are the production factors. They are the supply inputs required.
To know more about production follow the link:
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Answer:
The average inter arrival time is less than the average process time.
Explanation:
Queue model is used to describe the waiting lines through a mathematical equation. It clearly assumes that the inter arrival time that is the time in between any two waiting is less than the average processing time.
And accordingly all the things gets to add more processes, and there is a stage in which all the things are into processes.
And since the interval time is low thus, the key assumption stated in statement 2 is correct.
Answer:
The answer is $2,000
Explanation:
A monopolist is a single seller in the industry. A monopolist can influence the market price because he is the only one selling the product in the industry and has many buyers. Monopoly is an imperfect market and there are price discriminations in this market. A monopolist can charge different prices for different people.
We have first degree price discriminations, second degree price discriminations and third degree price discriminations.
Total revenue = selling price x units sold
Selling price is $100
Units sold is 20 jackets
Total revenue is therefore, $100 x 20 jackets
=$2,000
