Answer:
option (d) $200.00
Explanation:
Average total cost for 100 pairs = $2.50
Marginal cost for every pair = $10.00
Now,
Total cost = Fixed cost + Variable cost
or
Fixed cost = Total cost - variable cost
or
Fixed cost = (Average total cost × 100) - (Marginal cost × 100)
= ($2.5 × 100) - ($1 × 100)
= $250 - $100
= $150
thus,
Total cost to produce 50 pairs of oven gloves
= fixed cost + variable cost
= $150 + (50 × $1)
= $150 + $50
= $200
Hence,
option (d) $200.00
Answer:
A reduction in U.S net exports would shift U.S. aggregate demand goes d. leftward. In an attempt to stabilize the economy, the government could decrease expenditures.
Explanation:
Decrease in net exports shifts the AD curve leftward and to stabilize the economy government should cut taxes.
Answer:
Invalid, because under the UCC the acceptance must mirror the offer
Explanation:
§ 2-207 of the Uniform Commercial Code (UCC) enforces the mirror image rule. The mirror image rules states that in order for a valid contract to be formed, the offeree (Office Supply) must accept all the terms included in the offer (by Blue Cross) and cannot modify or add any terms. Any term that changes the original offer results in no contract.
A qualitative forecasting method that utilizes structured questionnaires submitted to potential customers soliciting opinions about potential products to estimate likely demand is build-up forecasting.
<h3>Build-up forecasting</h3>
It is referred to as zero-based sales forecasting.
Market identification: describe the market for the product/service being investigated by checking all the appropriate industries.
Market diagnosis: analyze the basis for evaluating the number of institutions within that industry that are likely to utilize the product/service.
The objective of a bottoms-up forecast should be to output informative data that leads to decision-making backed by tangible data.
Bottom-up forecast models enable administration teams to develop a better perception of their company, which precedes improved functional decision-making.
To learn more about Build-up forecasting visit the link
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