Answer: Level of consumption
Explanation:
The level of consumption is one of the process in which the various types of products and the services are basically consumed by the customers.
The consumption is one of the economical based function that provide a relationship between the spending of the customer and the different types of factors that helps in determining the consumption level.
According to the question, there are basically five important variables which helps in determining the level of the consumption such as the price level, household wealth, the interest rate and also the current disposal income value.
Therefore, Consumption is the correct answer.
Answer:
1,000,000
Explanation:
As there are constant returns to scale the cost to produce a greater output will grow following a linear fucntion thus,
if 100 units units are produced at a cost of 200,000 dolllars
then 500 units will be produced five times that amount:
200,000 x 500/100 = 200,000 x 5 = 1,000,000
The total cost for 500 units will be a million dollars
Answer:
(1) $132,000
(2) $66,000
Explanation:
Selling price per unit:
= Sales ÷ No. of units
= $400,000 ÷ 5,000
= $80
Variable cost per unit:
= variable cost ÷ No. of units
= $247,000 ÷ 5,000
= $42
Alternative 1:
Contribution margin = Sales - variable cost
= (5,000 × $80 × 1.1) - (5,000 × $42)
= $440,000 - $210,000
= $230,000
Net income = Contribution margin - Fixed cost
= $230,000 - $98,000
= $132,000
Alternative 2:
Contribution margin:
= sales - variable cost
= $400,000 - ($400,000 × 59%)
= $400,000 - $236,000
= $164,000
Net income = Contribution margin - Fixed cost
= $164,000 - $98,000
= $66,000
Answer:
Managers' risk of job loss, loss of compensation, and/or loss of reputation.
Explanation:
Managerial employment risk is basically the risk of loss associated to the managers for being a manager.
It not only involves the loss of losing job, but as the person is a manager there is a serious risk attached in the form of loss of reputation and not getting any other job in the market because of poor reputation.
As the managers are responsible for the functioning of any company, and that the performance is equally important and represents the performance of a manager.
If company performs good the manager is called efficient whereas if the company do not perform good, the manager is called inefficient.
Accordingly, a manager faces the risk of losing job, reputation and without even getting any compensation.
