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Answer:
20 is the socially optimal number
Explanation:
In this question, we are asked to calculate the socially optimal number of clean streets given the marginal cost of cleaning them.
To solve this problem, we employ a mathematical approach as follows:
Market demand = Sum of Individual demand
Magaret demand = p = (50-Q)/2 = 25-0.5Q
Thomas demand = P = 40-Q
Market demand = 25-0.5Q + 40-Q = 65-1.5Q
MC = 35
Socially optimal number = MC = Market demand
35 = 65-1.5Q
30 = 1.5Q
Q = 20
Answer:
9,200 favourable
Explanation:
Calculation for direct materials quantity variance for last month
First step is to calculate the Standard quantity
Standard quantity = 6,800 units × 2 gallons
Standard quantity = 13,600gallons
Now let Calculate direct materials quantity variance for last month Using this formula
Direct materials quantity variance = Standard Price × (Standard Quantity - Actual Quantity)
Let plug in the formula
Direct materials quantity variance = $4 × (13,600 gallons - 11,300gallons)
Direct materials quantity variance = $4 × 2,300 gallons
Direct materials quantity variance = $9,200 favorable
Therefore The direct materials quantity variance for last month was $9,200 favourable
The disadvantages of a modern office are that employees can be very distracted on a multitude of levels. The internet is one way an employee can be distracted, also the fact that cellular phones are so easily accessible and social media.