Answer:
Explanation:
Average arrival rate, λ = 5 people in 15 minutes = 20 people in 60 minutes = 20 per hour
Average service rate, μ = 1 in 7 minutes = (60/7) per hour
The minimum number of servers required for a stable queuing system = λ / μ = 20 / (60/7) = 7/3 = 2.333
So, the minimum number of hosts that could be hired = 3 hosts
Budgeted direct materials quantity
4000 pounds
Actual direct materials quantity
4500 pounds
Direct materials quantity variance
4500-4000=500 pounds ( underapplied)
The government has various reasons for this. first of all, when the living standards are raised, the people will have more disposable income. this allows the people to start buying goods hence the demand will increase. when the demand increases, more tax may also be collected and more supply may be created...this creates jobs as well.
also, an increase in living standards will mean more happy people. this will increase their productivity hence production is increased which can increase amount of tax collected or even increase supply hence make goods cheaper overally.
last but not least, this will help in improving the health and nutrition of the people as less people will be sleeping hungry and less people will be falling sick. this will allow the government to reduce its spending on the health amenities so that money could be used somewhere else.
Answer:
A. Decrease in supply
B. Increase in quantity supplied.
C. Increase in supply
D. Decrease in supply
Explanation:
If the price of paper increases, the cost of production increases and supply falls.
If the price of economics textbooks increases, the quantity supplied increases in line with the law of supply.
If the number of publishers increase, the supply would increase.
If there are expectations that prices would rise in the future, suppliers would decrease supply now and increase it in the future in order to earn a higher revenue.
I hope my answer helps you
Answer:
Dr Loss on impairment 8,700
Cr Debt investment 8,700
Explanation:
Yayai didn't purchase Schuyler's bonds to trade them, they purchased them as a held-to-maturity investment, so they are reported in the Debt investments account which has a debit balance (asset account). Since it decreases in value, it should be debited.
The loss on impairment account reports decreases in the net carrying value of assets, such as debt investments.
