Answer:
Number of units needed to reach the operating income of 80,000: 5,200 units
Explanation:
Please find the below for detailed calculations and explanations:
To achieve $80,000 of operating income, denote the number of units needs to be sold is x.
For each unit sold, the incremental in profit will be 20.
Thus, to achieve the profit of 80,000, the amount of x units sold will generate the profit before fixed cost that covers 24,000 fixed cost and 80,000 targeted profit. So, we have:
80,000 + 24,000 = 20x <=> x = 5,200 units.
* For quick calculation purpose, we may apply the formular: Units need to be sold to achieve targeted income = (Fixed cost + targeted income)/ Contribution margin per unit in monetary form.
The statement " Most consumer protection statutes praise and protect unconscionable contracts and contracts of adhesion" is true.
<h3>What consumer protection?</h3>
Consumer protection can be defined as the way of protecting consumer or buyers against trade practice that is unjust.
Hence, the statement is correct because consumer protection help to praise and as well safeguard unconscionable contracts and contracts of adhesion.
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The answer I think is c because it’s most accurate to me
Having the human capital needed to deploy innovative information systems is associated with resource requirements.
Human capital is a idea used by social scientists to designate non-public attributes taken into consideration useful in the manufacturing process. It encompasses worker expertise, abilities, properly health, and education. Human capital has a substantial effect on person earnings.
What is meant through human capital?
Human capital includes the understanding, capabilities, and health that human beings invest in and acquire in the course of their lives, enabling them to recognize their ability as effective contributors of society.
Why is human capital essential?
Human capital is an asset including the expertise and capabilities held by someone that can be used by an enterprise to improve its goals. Human capital is important because a few level of human expertise and abilities is vital so as for an organization to accomplish anything.
How human capital is formed?
Human capital formation is the technique of adding to stock of human capital through the years. Human capital may be developed thru advent of skilled, educated and efficient labor pressure by way of offering higher education, health care centers, and many others. exceedingly skilled human beings can create new ideas and techniques of manufacturing.
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Answer:
B.
Explanation:
If the price of a good or service is higher than its opportunity cost (what producers sacrify when they produce the good), the producers are having positive benefits. Economic benefits are measure by the sum of total income minus the sum of total expenses. In this case, producer’s income is price and producer’s expense is the opportunity cost. In a perfect competitive market, there is complete information and no barriers to entry, so if people notice that producers are having positive benefits, they will like to enter to the market. In the long-run there would be more firms than before and for instance total supply will increase.
