Answer:
$0.1
Explanation:
The per unit cost of a production is the sum of variable cost and fixed cost divided by the total number of units produced. The per unit cost is given by the formula:
Per unit cost = (Variable cost + Fixed cost) / Number of units produced
Variable cost = Cost of raw material = Units of raw material × Cost of each unit of raw material = 5 units × $4/unit = $20
Fixed cost = Cost of labor + Capital =(Units of capital × Cost of each unit of capital) + (Units of labor × Cost of each unit of labor) = (8 units × $3/unit) + (2 units × $10/unit) = $24 + $20 = $44
Variable cost + Fixed cost = $20 + $44 = $64
Per-unit cost of production = (Variable cost + Fixed cost) / Total output = $64 / 640 = $0.1
Answer:
C. $454,000.
Explanation:
We know that
The ending balance of retained earnings = Opening balance of retained earnings + net income - dividend paid
$375,000 = $0 + net income - $79,000
So, the net income would be
= $375,000 + $79,000
= $454,000
The ending balance of retained earnings - Opening balance of retained earnings is also known as increase in retained earning
Taxing a good with relatively less elastic demand, helps government to raise more revenue with lower welfare loss.
Answer:
When companies hire celebrities to advertise their products, they are attempting to make the demand for their product higher / more profitable. If this strategy is successful, the firm can raise both awareness and reputation / sales.
Explanation:
"Celebrity endorsement is a promotional tool that boosts brand awareness. It is a way of enhancing credibility and gaining visibility for brands. Celebrities are well-known people and a celebrity endorsement can make a brand stand out"
Reference: Elkins, Hashaw. “The Effect of Celebrities in Advertisements.” Small Business - Chron.com, 29 Mar. 2019
Saturn and Jupiter both have large quantities of liquid
hydrogen and liquid metallic hydrogen while Neptune and Uranus just have the
gaseous form of hydrogen because they are too little to compress hydrogen to
its metallic state. Also, the two latter planets have icy cores.
