Answer:
Following are the solution to the given points:
Explanation:
In point 1:
The yield added by the regression equation increases 8.5 times of per each unit of fertilizer.
In point 2:
Definition i.e. describes the percentage of variation. Consequently, the value of Fertilizer variable describes 0.79 percent throughout the variance of the Bushels variable.
In point 3:
At , Bushels has an fertilizer of 60.
In point 4:
The fertilizer should be 100 when bushels are:
In point 5:
Increased that amount of fertilizer will reduce the amount of bushels unless the value of determination was negative.
<u>Answer:</u> Reciprocal method
<u>Explanation:</u>
Under reciprocal method the cost incurred is allocated to other departments using some equations. Using this method the costs can be accurately distributed. It is also a complicated method of allocating the costs. The service department costs are allocated to and from other service departments.
The overhead costs are allocated based on the objective method. The service department costs can be allocated to the production departments and other departments. The efficiency of the service departments can also be identified.
Answer:To allocate scarce goods and resources, a market economy uses non-price rationing preferential treatment price rationing . this means that individuals will get the goods and services if they have the ability to pay meet the government's requirements stand in line at the store.
Explanation: hope this helps u! (:
Answer:
(D) that resources are imperfectly substitutable among alternative uses.
Explanation:
A production possibility curve is used to measures the maximum amount of output of two goods using any combination of the factors of production as fixed input, therefore, capital,land,labour and entrepreneur, which requires the combination of all in most cases. The points on the curve indicates the amount of each goods to be produced when there is a shift in resources from making more of one goods than the other goods.
If the amount produced is inside the production possibility curve, then all of the factors of production are not being effectively used in the production of the goods.