Answer:
A) The number of hours per worker during December= 211,76 hours
B) The number of hours per worker during December=141,18 hours
Explanation:
In December, General Motors produced 7,200 customized vans at its plant in Detroit.
The labor productivity at this plant is known to have been 0.10 vans per labor hour during that month
340 laborers were employed at the plant that month.
A)
Considering that each worker produces 0,10 van an hour.
340workers*0,10=34vans per hour
The number of hours per worker during December= 7200vans/34vans= 211,76 hours
B) Labor productivity increases to 0,15 vans per hour per worker.
340workers*0,15= 51vans/hour
The number of hours per worker during December= 7200vans/51= 141,18 hours
Answer:
<em>Increase in quantity demanded</em>
Explanation:
Demand for a product is the different quantities of that product that consumers are willing and ready to pay for at different prices.
There are many factors that affect the demand for a product; these include change in the price of the product, price of related products, change in consumer income, change in fashion, taste and style.
<u><em>Change in quantity demand</em></u>
Specifically, the law of demand states that there is an inverse relationship between quantity demand and its price. Change in quantity demand is a movement along the demand curve.
<em>A change in the price of a product will produce an opposite change in the quantity that consumers are willing to buy assuming all other factors do not change. This is referred as to as change in quantity demand. This can either be an increase or a decrease depending on the direction of the price movement.</em>
<u><em>Change in demand</em></u>
<em>Change in demand is the shift in the demand curve to either right or left. This can be attributed to any of the factors that affect demand other the price e.g change in income.</em>
<em>Therefore a decrease in the price of laptop computers will lead to an increase in the quantity demanded</em> .
Answer:
17%
Explanation:
If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%
The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.
Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.
Answer:
The payments will be of 1,797.02 dollars
Explanation:
We need tyo calcualte the PTM of an ordinary annuity which present value is 8,000. The time will be 5 years and the discount rate 4%
PV $8,000.00
time 5 years
rate 4% = 4/100 = 0.04
PTM: $ 1,797.017
Answer:
The mortgage interest amount will be "Zero (0)".
Explanation:
A property to pay. Unless the apartment is started renting for 15 days or more in one year as well should not be used for private purposes for even more of some
(1) 14 days as well as
(2) 10% of the total rentals days, the apartment shall be considered as rental home.
Gross income = $7000
Now,
![Total \ expenses = (2500+9000+2400+1000+7500) - personal \ deduction[(2500+9000+2400+1000+7500)\times \frac{13}{100} ]](https://tex.z-dn.net/?f=Total%20%5C%20expenses%20%3D%20%20%282500%2B9000%2B2400%2B1000%2B7500%29%20-%20personal%20%5C%20deduction%5B%282500%2B9000%2B2400%2B1000%2B7500%29%5Ctimes%20%5Cfrac%7B13%7D%7B100%7D%20%5D)
On putting the values, we get
⇒ 
⇒ 
And, Net rental loss will be:



So that the Mortgage interest itemized will be "0"
.