Answer:
They both are in a better position after trading in 10 units of each product.
Explanation:
Since both companies decided to specialized production, the answer is comparing the total products they have after trading (2nd scenario) against the initial situation where both companies produced the 2 products. In this case, mikhail's will have 90 carpets, and 90 quilts and dominque's will have 70 carpets and 110 quilts. Comparing with the 1st scenario (without trading) both companies are in a better position having 10 units more of each product, so the trade benefited both in absolute terms
Answer:
Multiple regression
Explanation:
With regards to the above, multiple regression can be used to determine one educational background, interest and gender so as to see if there is a variation in terms of individual's annual income as it relates to their educational background.
Multiple regression basically is a mathematical model, which is used when one value is matched with two or more variables. Here, the value is a stand alone, which is why we study, while the variables are dependent; hence are factors that required to be checked and why the whole analysis is being conducted.
In the above scenario, the value being represented is 'annual income' which is independent, while educational background, interest and gender are variables which are independent.
Answer:
The correct answer is C. 3240 units.
Explanation:
The calculation of Equivalent units of production for the year is given below.
Add
Begining inventory = 60% * 200 = 120 units
completed in this period
Units put in process = 3200 units
Less
Un-complete closing = 20% * 400 = (80 units)
stock
Equivalent units = 3240
Answer:
b) 4,000 + 5 x 1,000
Explanation:
The cost of 1000 items will be the total of
1). the set up cost
2). The per item cost multiplied by 1000 units
Therefore, the cost function will
=set up cost($4000 ) + cost of 1000 items( $5 x 1000)
=$4000 + $5 x 1000
Answer:
do not Install guard rail because the guard rail cost exceed the expected benefits
Explanation:
given data
guard rail cost = $70,000
average damage = $10,000
guard rail prevent = 5 vehicles
to find out
What should the county do
solution
we know here guard rail cost is $70,000
but expected benefits = $10,000 × 5
expected benefits = $50,000
so we can say that do not Install guard rail because the guard rail cost exceed the expected benefits