Answer:
A monopsony is market where there is only one buyer, e.g. the government is the sole buyer for nuclear submarines in the US.
The demand curve of a monopsony is similar to the demand curve of any other type of market, i.e. it is downward sloping. Since there is only 1 buyer, the demand curve is also the supply curve. If the monopsonist wants to increase the quantity demanded at a lower price, the supplier (or suppliers) must be able to lower its costs and that generally results in lower labor costs.
Answer: is based on when the asset is expected to be converted to cash, or used to benefit the entity.
Explanation:
Also known as a Short-Term asset, a current asset is an item of value that a company can either use or sale within a period to gain cash to clear current liabilities. Current assets can easily be converted to cash by sales or use.
Answer:
= 0.008
Explanation:
Base on the scenario been described in the question , to develop a p-chart, first calculate as shown below:
P bar= total number of defective units from all samples /(number of samples ×sample size)
= 100/(12×1000)
= 100/12000
= 0.008
Thus, the p bar is 0.008
Answer:
$310,000
Explanation:
The computation of the projected initial cash flow is shown below:
Project's initial cash outflow= Increased inventory + increased accounts receivable - increased debt + spending amount for the expansion of the size of the showroom
= $150,000 + $35,000 - $75,000 + $200,000
= $310,000
We simply applied the above formula to find out the initial cash flow
Answer:
d. avoid employment in companies whose values seem incompatible with their own values.
Explanation:
