Answer:
C : accept the offer because it will produce net income of $12,600.
Explanation:
In this question we have to compare the cost which is presented below:
In the first case
The variable cost would be
= Number of units buys × variable cost per unit
= 4,200 units × $67
= $281,400
And, the selling cost would be
= Number of units sold × selling price per unit
= 4,200 units × $70
= $294,000
So, the difference would be
= $294,000 - $281,400
= $12,600
Answer:
economies of scale
Explanation:
Economies of scale happen when the average total cost of producing additional units of output decreases as total output increases. The reason why this happens is that even if variable costs per unit remain the same, average fixed costs per unit decrease as total output increases.
Answer:
Explanation:
Mean can simply be define as the average of a set of numbers.
$400 and $3,800 per year is spends on all types of insurance.
A= 400
B= $3,800
Using the formula:
u = a+b/2
=$400 +$3,800/ 2
=$4,200 /2
=$2,100
Therefore the mean amount spent on the insurance is $2,100
Answer:
The steps that contries must take to transition to a mixed-market economy is by first establishing a fair labor market, discouraging all foreign investment and opening up trade to other countries.
