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pogonyaev
3 years ago
10

The​ do-it-yourselfer plucked a gallon can of base paint from the shelf of the local hardware store and handed it to​ keith, the

cheerful clerk at the paint counter. their eyes met briefly and the​ do-it-yourselfer silently handed over sample​ 150c-1, musical​ mist, to the clerk. it was impractical to keep several gallons of every possible color on the shelves at the hardware​ store, so the paint manufacturer had created clever workaround. the workaround was a​ computer-based system that added predetermined quantities of pigments to a gallon can of base paint depending on the desired​ shade, in this​ case, musical mist. the hardware store now needed to stock only the base​ paint, this​ machine, and a small supply of paint pigments in order to create the thousands of colors in its catalog. this scenario is a prime example of
Business
1 answer:
enyata [817]3 years ago
5 0
<span>This scenario is a prime example of cost-effective design. The store is able to save space, as well as maintain a much small inventory of items. They can also save money by not carrying an unnecessarily large stock of paint that may or may not ever sell.</span>
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Which of the following is true? Group of answer choices An excise subsidy has only a substitution effect since the subsidy artif
Nadya [2.5K]

Answer:

An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect.

Explanation:

The above is true due to the fact that the consumption of goods increases. This could have been reduced had it been that, there was never any excise subsidy on those goods.

6 0
3 years ago
Borchardt Corporation has provided the following data concerning last month’s operations. Direct materials $ 29,000 Direct labor
skad [1K]

Answer: $178,000

Explanation:

The following information can be derived from the question:

We have to first calculate the total manufacturing cost. This will be:

Direct material 29000

Add: Direct labor 58000

Add: manufacturing overhead 82000

Then the manufacturing cost will be:

= 29000 + 58000 + 82000

= 169000

We then add the beginning work in progress and then subtract the ending work in progress. This will be:

Manufacturing cost = 169000

Add: Beginning WIP = 66000

Less: Ending WIP = 57000

= 169000 + 66000 - 57000

= $178,000

7 0
3 years ago
Economist A says all of the following: The economy needs expansionary fiscal policy to remove it from a recessionary gap. Govern
lana [24]

Answer:

The correct answer is:

Government should either raise its <u>expenditures</u> or cut<u> taxes</u>. I believe the government spending multiplier is <u>greater</u> than the tax multiplier, so I favor <u>this policy</u>.

Explanation:

To begin with, an <em>"expansionary fiscal policy" </em>represents the tool that a government has in order to give response to a recessionary context in where the economy is falling down by decreasing its production. That is why, that in this type of policy the actions that are to be taken comprehends the reduction of taxes that the public sector collects from the private sector and also to increase the public expenditures that the government has with the purpose to estimulate the demand and offer of goods.  

4 0
2 years ago
Dr. Evil presents the sound of a buzzer to his pet rabbit, and he follows it with the delivery of a small electric shock. After
alexdok [17]

Answer:

Reconditioning

Explanation:

Reconditioning means to "condition again" so the rabbit will demonstrate and condition the fear of the buzzer again.

5 0
3 years ago
Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production fa
Anna007 [38]

Answer:

Given,

Annual demand, D = 12500,

Setting up cost, S = $ 49,

Production rate per year, P =  production facility × capability of production = 300 × 105 = 31500,

Holding cost per year, H = $ 0.15,

Hence,

(i) Optimal size of the production run,

Q = \sqrt{\frac{2DS}{H(1-\frac{D}{P})}}=\sqrt{\frac{2\times 12500\times 49}{0.15(1-\frac{12500}{31500})}}=3679.60238126\approx 3680

(ii) Average holding cost per year,

=\frac{QH}{2}(1-\frac{D}{P})

=\frac{3680\times 0.15}{2}(1-\frac{12500}{31500})

=166.476190476

\approx \$ 166.48

(iii) Average setup cost per year,

=\frac{D}{Q}\times S

=\frac{12500}{3680}\times 49

=166.44021739

\approx \$ 166.44

(iv) Total cost per year = average setup cost per year + average holding cost per year + cost to purchase 12500 lights

= 166.44 + 166.48 + 12500(0.95)

= $ 12207.92

7 0
2 years ago
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