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3 years ago

What are some strategies that you can use when agreeing to a contract to protect yourself?

1 answer:

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Read through all of the information even though it may be like reading a book u need to make sure u understand everything your signing into on that contract completely.

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Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by on

serious [3.7K]

Answer:

a) Learning Costs Curve:

Quantity Marginal Total Cost ($) Average Cost (Units)

Cost ($) ($/unit)

1 $76 $76 $76

2 $70 $146 $73

3 $64 $210 $70

4 $58 $268 $67

5 $52 $320 $64

6 $46 $366 $61

b) For a request for proposal for two units, the break-even price for the two units is $146 ($73 per unit).

c) For two more units, the break-even price for them alone is $122 ($268 - $146). Each unit's break-even price will be $61 ($122/2).

Explanation:

a) A break-even price is a price that is equal to the total cost. At break-even, there is no profit and there is no loss. The total cost equals total revenue.

b) The learning cost curve shows how the "marginal cost decreases as a result of an increase in production by one unit." This curve can be illustrated graphically to show how the marginal and average costs reduce as a result of the increase in the quantity produced.

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4 years ago

Assume the market for manufactured houses is in equilibrium. Imagine that trade restrictions increased the cost of cement, which

xeze [42]

Answer: f. Supply of manufactured houses shifts leftward and manufactured houses increase in price

Explanation:

All else being equal, when the price of an input into the production process increases, it makes producing the goods in question more expensive and so producers will respond by reducing production levels to maintain Profitability.

As the price of cement rises, making manufactured houses becomes more expensive and so the makers of manufactured houses will reduce the number of manufactured houses they make. This will reduce Supply thereby shifting the Supply Curve to the left. The new Equilibrium level will indicate a higher Equilibrium price as shown in the attached graph.

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3 years ago

Which is an example of a semi-skilled worker?

Verizon [17]

A lifeguard would be an example of one.<span />

7 0

3 years ago

Read 2 more answers

The payroll register for Gamble Company for the week ended April 29 indicated the following:

seraphim [82]

Answer and Explanation:

The journal entries are shown below:

1. Salaries expense Dr $1,560,000

To Social security tax payable $93,600

To Medicare tax payable $23,400

To Federal income tax withheld payable $312,000

To Salaries payable $1,131,000

(Being the payroll is recorded)

For recording this we debited the salary expense as it increased the expenses and credited all payable as it also increased the liabilities

2. Payroll tax expense Dr $132,600

To Social security tax payable $93,600

To Medicare tax payable $23,400

To State unemployment tax payable ($260,000 × 5.4%) $14,040

To Federal unemployment tax payable ($260,000 × 0.6%) $1,560

(being the payroll tax expense is recorded)

For recording this we debited the payroll expense as it increased the expenses and credited all payable as it also increased the liabilities

7 0

4 years ago

The Kaizen approach to change: Select one: a. favors the use of a large number of small local projects b. has to be led by a tea

rosijanka [135]

Answer:

A)favors the use of a large number of small local projects

Explanation:

Kaizen approach can be regarded as an approach that enables continuous improvement as a result of the idea which focus that a small as well as a continuous positive changes can give rise to tangible improvements. This approach focus on commitment as well as cooperation. It should be noted that The Kaizen approach to change favors the use of a large number of small local projects.

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3 years ago