Answer:
e.$8,000 of fixed costs and $108,000 of variable costs.
Explanation:
Fixed costs don't change with a change in production volume, therefore, fixed costs remain $8,000.
The cost per unit to produce 15,000 units is:
Assuming a new production volume of 18,000 units, budgeted variable costs are:
The budgeted amounts are: e.$8,000 of fixed costs and $108,000 of variable costs.
Answer:
d. where price is equal to average fixed cost.
Explanation:
Firms involved in a perfectly competitive market face the same cost, <em>they will theoretically make zero profit on the long run.</em> This happen at the point where price is equal to average fixed cost.
Answer:
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Explanation:
English Translation
A school has a total of 475 students. We want to extract a sample of 80. Explain in detail how this sample is obtained by random sampling.
Solution
In random sampling, each member of the population has an equal chance of being surveyed or an equal chance of being a member of the sample.
For this Question, it will mean that each of the 475 students would have an equal chance of being part of the sample of 80 students. To use random sampling for this particular scenario, we would give all the students numbers from 1 to 475, we would then use a computer program to generate 80 random student numbers.
We could also put all the number in a bowl and randomly select 80 numbers from 475, that way, the sampling method would be as random as can be.
In Spanish/En español
En el muestreo aleatorio, cada miembro de la población tiene la misma probabilidad de ser encuestado o la misma probabilidad de ser miembro de la muestra.
Para esta pregunta, significará que cada uno de los 475 estudiantes tendría las mismas posibilidades de ser parte de la muestra de 80 estudiantes. Para usar el muestreo aleatorio para este escenario particular, le daríamos a todos los estudiantes números del 1 al 475, luego usaríamos un programa de computadora para generar 80 números de estudiantes al azar.
También podríamos poner todos los números en un tazón y seleccionar aleatoriamente 80 números de 475, de esa manera, el método de muestreo sería lo más aleatorio posible.
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Answer:
d. functional
Explanation:
A functional manager can be described as a managers whose responsibility is to manage an organizational unit such as a department within an organization.
A manager can be given the responsibility to manager a specific department such as marketing, engineering, IT, or public relations.
The primary role of a functional manager is to be in charge and manage resources in his department, and to also to direct the technical work of people working on a project under his functional area.
Therefore, managers who are responsible for just one organizational activity are known as <u>functional managers</u>. The correct option is d. functional.
Answer:
A. nominal interest rate is equal to the expected inflation rate plus the equilibrium real interest rate.
Explanation:
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
When this persistent rise in the price of goods and services in an economy becomes rapid, excessive, unbearable and out of control over a period of time, it is generally referred to as hyperinflation.
The Fisher effect states that the nominal interest rate is equal to the expected inflation rate plus the equilibrium real interest rate.
Thus, the real interest rate in a particular country's economy equals the nominal interest rate minus the expected inflation rate.
All things being equal (Ceteris paribus), the expected inflation rate of a country's economy would eventually cause an equal rise in the interest rate that the deposits of the country's currency can offer. Also, as inflation increases, the real interest rate falls or decreases.