Answer:
Capitalism is an economic system based on investing money in the expectation of making a profit. The means of production are usually privately owned by private entrepreneurs who often use wage labor to create added value. In doing so, they enjoy a great deal of legal freedom to dispose of these means, free enterprise production. This freedom also means that there is competition, which means that entrepreneurs have an interest in increasing the efficiency of their company. Hence, the capital owner will not fully consume the profit but reinvest in the business and capital accumulation takes place. The distribution of products is regulated by the market, in which the role of the government is, in principle, limited to that of market master.
Answer:
Explanation:
Julie is 25 years old and living in an apartment. She is thinking about quitting her job and returning
to college. Consider the following costs: tuition, the cost of books and supplies and rent.
Rent is
A. not a cost associated with college
B. an explicit cost of attending college
C. an implicit cost of attending college
Answer:
$10.72
Explanation:
Calculation for How much is the cost per service
First step is to calculate the Total costs
Building Rent Expense $5,200
DepreciationExpense—Equipment 1,600
Supplies Expense 8,000
Utilities Expense 2,350
Total costs $17,150
Now let calculate the Cost per service using this formula
Cost per service = Total costs / Services
Let plug in the formula
Cost per service = $17,150 / 1,600
Cost per service = $10.72
Therefore the cost per service is $10.72
Answer:
A. €1,244,212.10
Explanation:
Contract Size Country U.S. $ equiv. Currency per U.S. $
£ 10,000 Britain (pound) $ 1.9600 £ 0.5102 interest APR
12 months forward $ 2.0000 £ 0.5000 rates
€ 10,000 Euro $ 1.5600 € 0.6410 i$ = 1 %
12 months forward $ 1.6000 € 0.6250 i€ = 2 %
SFr. 10,000 Swiss franc $ 0.9200 SFr. 1.0870 i£ = 3 %
12 months forward $ 1.0000 SFr. 1.0000 iSFr. = 4 %
Fixing a problem will often cost money; to minimize these costs it is best to find and fix the problem-<u> just before we begin the first production operation.</u>
<u />
Explanation:
Before we begin with any operational production function it is necessary to check the proper functioning of the machinery.If the machinery used for the production of the products have any defect then the cost of production increase leading to an overall increase in the production cost of the product.
Thus it is an important mandate to check the operational functionality of the machinery's which are involved in the production .It is advisable to find and fix the problem at the earliest ,so that the cost incurred can be minimized
Hence we can say that Fixing a problem will often cost money; to minimize these costs it is best to find and fix the problem-<u> just before we begin the first production operation.</u>
<u />
