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3 years ago

The economy is in long-run equilibrium: Select one:

Business

1 answer:

Ket [755]3 years ago

3 0

Answer:

A, when the AD and AS curves intersect at potential output,Y.

Explanation:

Aggregate demand curve is a graphical representation that shows the relationship between total goods and services and its price levels.

Aggregate supply curve is a graphical representation that shows the relationship between the total amount of good and services firms are willing to sell and at what price the want to sell.

For an economy to be in long-run equilibrium, an economy has to have both curves meet at a point Y which is the potential output of the economy. This means simply that demand and supply has to be balanced (in equilibrium).

I hope this helps.

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Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the present and proposed produ

AleksAgata [21]

Answer:

Hello some parts of your question is missing attached below is the missing part

Answer : value added times : 30 minutes , 30 minutes

non-value added times: 1210 minutes, 130 minutes

Total lead times : 1240 minutes, 160 minutes

value added time as a ratio: 2.4%, 18.8%

Explanation:

Given data:

production batch sizes = 40 units

process step 1 = 6 minutes

process step 2 = 10 minutes

process step 3 = 6 minutes

process step 4 = 8 minutes

Determining : The value added, non-value added , total lead times and value added ratio under the present and proposed production approaches

UNDER PRESENT PRODUCTION APPROACH

Th value added time:

= summation of all process times = (6+10+6+8) = 30 minutes

Non-value added time:

= Value added time *(Batch size -1) + move time between each step

= 30*39+8*5

= 1170 +40 = 1210 minutes

total lead time :

= value added time + non-value added time

= 30 + 1210 = 1240 minutes

value added time as a percentage/ratio

(value added time / total lead time) * 100

= 30 / 1240 * 100 = 2.4%

UNDER PROPOSED PRODUCTION APPROACH

value added time :

= summation of all process times = (6+10+6+8) = 30 minutes

Non-value added time :

= Value added time *(Batch size -1) + time between each step

= 30*4+2*5 = 120 + 10 = 130 mins

total lead time :

= value added time + non-value added time = 30 +130 = 160 mins

value added time as a percentage/ratio:

(value added time / total lead time ) * 100

= (30 / 160) * 100 = 18.8%

3 0

4 years ago

The Palmer Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents

Fynjy0 [20]

Answer:

in roms 425

in dollars 24,650

Explanation:

Operating fixed cost

salaries 5,500

utilities 1,200

depreciation 1,300

maintenance <u>4,325</u>

Total Fixed cost 12,325

Contribution per room:

$58 per night

-$10 maid

-$19 other

Contribution = 29

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

12,325/29 = 425 rooms

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio$

29/58 = 0.5

12,325/0.5 = 24,650

Also can be done:

BEPunits x Price per unit

425 x 58 = 24,650

4 0

4 years ago

"With a finance degree, you can apply for almost any position available to accounting majors."

nexus9112 [7]

Answer:

False because finance is totally different from management and financial accounting. Finance degree holder can not apply for every as the finance degree holder knows better about financial management not about management accounting or financial accouting. The major fields which a finance degree holder can apply for are accountancy firms, investment and high street banks, insurance firms, management consultancies, etc.

3 0

4 years ago

Boston, Inc. applies manufacturing overhead at the rate of $40 per machine hour. Budgeted machine hours for the current period w

Luda [366]

Answer:

$580,000 underapplied

Explanation:

The computation of the ending overhead is shown below:

The applied overhead is

= Predetermined overhead rate × actual machine hours

= $40 × 90,000

= $3,600,000

Now the underapplied overhead is

= $4,180,000 - $3,600,000

= $580,000

So the ending overhead is $580,000 underapplied

5 0

3 years ago

________ play an important role in matching supply and demand by providing consumers with a broad assortment of products in sma

konstantin123 [22]

Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.

The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.

By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.

Learn more about intermediaries here : brainly.com/question/25736500

5 0

3 years ago