Which of the following statements are false?

Calculate the activity rate per grooming order. $fill in the blank 1 per grooming order 2. Calculate, in terms of grooming order

atroni [7]

Solution :

1. calculate the activity rate per grooming order

Activity rate Amount paid to agent

Number of grooming order

28,000

4,000

Therefore, the activity rate = 7 per grooming order

2. Calculating, in terms of grooming order, the :

a. Total activity availability

Number of grooming orders (A) = 4,000

Number of agents (B) 5

Total activity availability (A x B) 20,000

b). Total activity availability 20,000

Less: Orders actually processed (17,800)

Unused capacity 2,200

3. calculating the dollar cost of :

a). Amount paid to the agent (A 28,000

Number of agents (B) 5

Total activity availability in dollars (AxB) 140,000

b). Unused capacity (A) 2,200

Activity rate (B) 7

Unused capacity in dollars (AxB) 15,400

4 0

3 years ago

In a market economy, decisions about which goods are produced are based

STatiana [176]

Answer:

B. what businesses believe will generate the most profits.

Explanation:

A market economy is one where the factors of production are owned by the private sector. Production and distribution of products and services are in the hands of private individuals and firms. The government's role is mostly regulation and the provision of public goods.

In the market economy, the private sector engages in business to make profits. They risk their resources in producing goods and services that can increase their wealth. Only the products that are likely to generate profits are produced.

4 0

3 years ago

One person’s spending becomes another person’s income. This statement is

Paha777 [63]

Answer:

d. the Circular Flow Model

Explanation:

Based on the information provided within the question it can be said that this statement is an example of the Circular Flow Model. This model (like mentioned in the question) illustrates the flow of cash from different people or company's in different industries. Where one person/company pays another, which takes it in as income and uses that to pay another company for what they need and so on.

8 0

3 years ago

Admission prices to Dollywood are $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. Based on thes

Neporo4naja [7]

Answer: b. $30; $20; $0

Explanation:

Admission prices to Dollywood are $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. Based on these prices, the marginal cost of visiting Dollywood the second day is $30, the third day is $20, and the fourth day is $0.

The marginal cost is the extra cost per day of going to Dollywood.

Second day

Marginal cost = Second day price - First day

= 80 - 50

= $30

Third day

Marginal cost = Third day price - Second day

= 100 - 80

= $20

Fourth Day

Marginal cost = Fourth day price - third day

= 100 - 100

= $0

3 0

3 years ago

If a firm has a $1,500,000 debt limit before AT kd will change and if taxes are 40% and total equity in the capital structure is

andrew-mc [135]

Answer:

$2,500,000

Explanation:

Break Point = Level of debt / Weight of debt

(100%-40%)

=60%

Hence:

= 1,500,000 / 60%

= $2,500,000

Therefore the debt breakpoint in the MCC schedule will be $2,500,000

6 0

3 years ago