A mission statement defines the company vision and objectives.
A vision statement focuses more on the future goals and is usually longer than a mission statement because it covers things company purpose, goals, how it will be achieved, etc.
The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Given Data Product Cost per Unit Selling Price <u>Per Unit A 40 60 B 80 100 C 40 80 D 100 130 E 20 30 </u>Computation of Net Realisable Value
<h3>What is
Royal Decking?</h3>
The term's roots have been attributed to a number of places, such as the destroyed church of St. Helens next to the Isle of Wight's St Helens Road harbor, where ships would frequently resupply, or even the broken monuments of St. Nicholas Church in Great Yarmout. According to the US Navy, the phrase may have originated from the fact that 'holystoning the deck' was initially performed while knelt in prayer. Prayer books were the names given to smaller holystones, and Bibles to bigger ones. Holystoning was eventually done with a stick lying in a hollow in the flat side of the stone, held in the hands and under the arm, rather than on the knees.
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Answer:
E. decreasing marginal benefit.
Explanation:
The law of diminishing marginal utility can be explained as whenever there is rise in the supply of particular goods/services, then the marginal utility falls. Utility in Economics can be regarded as Satisfaction derived from particular goods/services.
Therefore, in the case of the question, point that each glass of lemonade consumed on a hot day brings lower and lower levels of satisfaction is known as the principle
decreasing marginal benefit. Because as the consumption of the lemonade increases, marginal utility gotten from
every added units taken will start reducing like that.
c. inappropiated
cus d is something that chris would like b. he would be thankful a. it depends if he likes concert and c will press chris badly
Answer:
Ava, Miranda and Anna are using marginal analysis, while D.A and Andrea are not.
Explanation:
Let's look at the situation of each character:
- Ava decides whether or not she should spend an additional hour per day welding burn barrels by looking at how much she can produce in that hour.
Marginal analysis focuses on the costs and benefits of producing an additional unit of output or using an additional unit of input. In this case, Ava wants to determine how her productivity would be modified if an additional unit of input (time) is added.
- Miranda is pondering whether adding one more painting to her art installation will make the audience's experience better or worse.
She is using marginal analysis to determine whether the costs of producing an additional unit of output (one more painting on display) would be offset by the benefits, which are represented by the audience's satisfaction.
- D.A. calculates how many pounds of brisket he needs to eat on a daily basis to survive by looking at the total number of calories he needs.
- Andrea decides how much fabric she needs for her new costume-making business this month by using the total she used last month.
Neither D.A nor Andrea are using marginal analysis. If so, they would be interested to know what the effect of using an additional unit of input (brisket or fabric) would be to achieve their purposes. Instead, they are simply asking about the total amount of input needed to generate a certain output.
- Anna decides whether she should devote another day to studying for her music theory exam or if she can instead spend it practicing the viola.
Anna uses marginal analysis because she wants to determine how her test performance would change, whether or not she invests an additional unit of time in studying.
