Answer:
A. 4; 3.83 units per hour
B. Increases by 4.44%.
Explanation:
Given that,
Current period:
Output = 160 units
Input = 40 hours
Previous period:
Output = 138 units
Input = 36 hours
A. Current period productivity:
= Current period output ÷ Current period input
= 160 units ÷ 40 hours
= 4 units per hour
Previous period productivity:
= Previous period output ÷ Previous period input
= 138 units ÷ 36 hours
= 3.83 units per hour
B. Percentage change in worker's productivity:
= [(change in productivity) ÷ Previous period productivity] × 100
= [(4 - 3.83) ÷ 3.83] × 100
= (0.17 ÷ 3.83) × 100
= 0.0444 × 100
= 4.44%
Therefore, the worker's productivity increases by 4.44%.
Answer:
a. Cost of goods sold = Sales - Gross profit
= $416,720 - $242,950
= $173,770
b. Direct materials cost = Materials purchased -Indirect materials - Materials inventory, end of period
= $128,350 - $45,220 - $17,090
= $66,060
c. Direct labor cost =Total manufacturing costs for the period - Direct materials cost - Factory overhead
= $239,610 - $66,060 - ($90,430 + $45,220 + $13,750)
= $239,610 - $66,060 - $149,380
=$239,610 - $215,440
=$24,170
This is an example of Selection bias.
<h3>What is Insurance?</h3>
Insurance exists as a way to manage your risk. When you buy insurance, you purchase security against unexpected financial losses. The insurance company reimburses you or someone you determine if something bad happens to you. If you have no insurance and an accident occurs, you may be accountable for all corresponding costs.
Insurance plans exist beneficial to anyone examining to protect their family, assets/property, and themselves from financial risk/losses: Insurance plans will permit you to expend for medical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care needed in the future.
Selection bias happens if those who enroll in HMOs are either more or less likely to utilize health services after changing for factors utilized to set rates (e.g., Medicare sets HMO rates based on age, sex, Medicaid eligibility, and institutional status).
To learn more about Insurance refer to:
brainly.com/question/10787476
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Answer:
c. firms are free to enter and exit the market.
Explanation:
A monopolistically competitive market is a market in which there are a lot of organizations that sell products that are similar and it tends to be easy to enter and leave the industry. Because it is easy for a company to enter the market and there is a lot of competition, in the long run the economic profit is zero. According to this, the answer is that in the long run, profits in a monopolistically competitive market are zero because firms are free to enter and exit the market.
The other options are not right because a monopolistically competitive market has zero profits because of its low entry barriers and amount of competitors not because of government regulations or an illegal agreement between organizations to control competition. Also, in a monopolistically competitive market the products are similar.
Answer: a. True
Explanation: Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency. Foreign investment involves capital flows from one country to another, granting extensive ownership stakes in domestic companies and assets. Foreign investment denotes that foreigners have an active role in management as a part of their investment. One major spur of this inflow and outflow is the existing interest rate a country offers. Higher interest rates increases inflow of capital. The opposite is true for countries with lower interest rates, as there is an outflow of capital to countries having higher interest rates.
