well, he has room for a total of 264 vehicles, he needs to have "five times as many cars as trucks", namely the cars : trucks ratio must be 5 to 1 or 5:1.
well, to change the total value to a ratio, we simply divide the total amount by the sum of the ratios, namely 264 ÷ (5+1), and distribute accordingly.
Reducing the duration of patent law protection. This would allow firms to recover the costs associated with developing a new product but prevent firms from earning outlandish profits.
Answer: Option D.
<u>Explanation:</u>
The major motive and aim of patent is to increase and encourage the motivation of the producers to innovate and produce new things which can increase the efficiency in the process of production. This is done to increase the innovation.
But if the time of patent of a particular good is reduced then the firm will be able to cover it's cost on the innovation but it would not lead to any kind of inefficiencies as others will also be able to use it after patent is over.
Answer:
VC% = 73.5%
The New variable cost percentage of sales = 73.5%
Explanation:
Given;
New Fixed cost = $5.3 million
Total cost = $20 million
Total variable cost = $20 - $5.3 = $14.7 million
Variable cost percent=(total variable cost/total cost)×100%
VC% = (14.7/20) × 100%
VC% = 73.5%
Transference type of risk response strategy is demonstrated.
When the risk materializes, a backup plan is put into action. The plan's goal is to limit the risk's potential damage when it materializes. The entire impact of the risk may have a significant impact on the project if no plan was in place. The last line of defense against the risk is the contingency plan. It appears fair to build on these as a basis for establishing methods appropriate for responding to identified opportunities since project managers and risk practitioners are accustomed to the four basic risk response strategies (for threats) of avoid, transfer, mitigate, and accept. Utilizing an avoid risk response strategy requires taking action to remove the threat's root cause.
Learn more about risk here brainly.com/question/24035290
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Answer:
D) $2,622
Explanation:
Daily costs
= ($8/meal x 3 meals/day x 2 people) + $45 + $190 + $25) = $308 daily costs
Total costs
= ($400 x 2) + 90 + 500 + (308 x 4 days)
Hence:
Total costs = 800 + 90 + 500 + 1,232
= $2,622
