Answer:
Option (D) is correct.
Explanation:
Given that,
Current market price = $7.50
Average variable cost = $8.00
Average total cost = $8.25
It can be seen from the above information that current market price is less than the average variable cost, i.e, $7.50 < $8.00.
Mrs. Smith should shut down its production in the short run as well as in the long run until the point where current market price is greater than or equal to average variable cost.
Answer:
It will take 14.2 months before Helen pays off the card.
Explanation:
PV Ordinary Annuity = C*[(1-(1+i/100)^(-n))/(i/100)]
C = Cash flow per period
i = interest rate
n = number of payments
250= 20*((1-(1+ 21/1200)^(-n*12))/(21/1200))
n(in years) = 1.19
Months = years*12 = 1.19*12 = 14.2 months
The concept of four absolutes quality where quality is considered as necessity and conformance to standard is propounded by Crosby.
Philip B. Crosby in his theory defined quality as something that must be aligned to fulfill customer's need
Answer:
No, it will not be fair at all in judging any employee on the basis of his or her social media usage, until or unless that employee is interfering in any of the organisational domain in a negative way. Its the basic right of any worker that he can spend his private time in whatever way he or she likes. Social media has become one the important needs in the modern world today, if an employee is using social media for his private leisure time than it all depends on him or her BUT the usage of social media in the working hours should be seen carefully and the employee must restrict himself from it during his official working hours.
