The first point is (-1, 6)
The second point is (0, -6)
The answer is Locational sensitive task.
Answer: Custom.
Explanation:
The 3M company modified their product to resemble what is obtainable in the Custom of the Philippines people to enable increased sales. A custom of a people is the way of life or behavior of a people over a long period of time.
Answer:
A) total cost = (200 labor hours x $20) + (500 units of raw materials x $8) + $4,000 cost of capital = $12,000
average total cost per unit = $12,000 / 2,000 units = $6 per unit
B) new total cost = (100 labor hours x $20) + (500 units of raw materials x $8) + $4,000 cost of capital = $2,000 + $4,000 + $4,000 = $10,000
average total cost per unit = $10,000 / 3,000 units = $3.33 per unit
C) When process innovation occurs, total productivity and efficiency increase, decreasing the average cost per unit. In this case the total cos decrease, but even if total costs do not decrease, higher efficiency and productivity can be achieved by production more units at the same total costs. Process innovations, usually related to new technologies, are responsible for the greatest increases in productivity and efficiency which result in higher economic output and growth.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
a) What is the present value of $34,900 due 9 periods from now, discounted at 9%
We need to use the following formula:
PV= FV/(1+i)^n
PV= 34,900/1.09^9= $16,068.83
(b) What is the present value of $34,900 to be received at the end of each of 12 periods, discounted at 8%
First, we need to find the final value:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {34,900*[(1.08^12)-1]}/0.08= 662,301.71
PV= 662,301.71/(1.08^12)= 263,009.12
