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Murljashka [212]
3 years ago
8

Plowin' Supply plans to make 22 comma 000 tractors at its plant. Fixed costs are $ 550 comma 000 and variable costs are $ 180 pe

r tractor. What is the average cost perâ tractor?
Business
1 answer:
xz_007 [3.2K]3 years ago
5 0

Answer:

$43

Explanation:

The total cost incurred by the company is made of two classes of cost namely; Fixed and variable cost. While the fixed cost is constant, the variable cost is dependent on the number of tractors produced.

A such,

Fixed cost = $550,000

Variable cost = 22000 × $180 = $396,000

Total cost = $550,000 + $396,000

= $946,000

The average cost per tractor is the result of the ratio of the total cost to the number of tractors

average cost per tractor =  $946,000/22,000

                                         = $43

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"stars" are one of the four types of employees based on the degree of organizational commitment and task performance. "stars" ar
olga55 [171]

The answer to the blank space is voice. There are four types of employees besides stars, and they are: land mines, not yet gone, and students.  

These employees are classified into the four categories based on two important questions: Is this employee a cultural fit? Is the employee a contributor?  

Stars would fit culturally and be an active contributor, while students are culturally fit but not yet a contributor. Land mines are not culturally fit but are active contributor while not yet gone are both not culturally fit and not active contributor.

4 0
3 years ago
You recently interviewed a candidate for a position in your sales department. However, another candidate was more qualified. You
AleksAgata [21]

Answer:

B. Invite further correspondence.

C. Close with good wishes.

D. Buffer the opening.

Explanation:

These are all strategies that can be used to soften the bad news of rejection for a candidate that is not going to be hired. When you buffer the opening of your correspondence, you contribute to making the reader feel less negative about the news. Moreover, by inviting further correspondence, you demonstrate that the rejection is nothing personal and should not be taken as such. Finally, by closing with good wishes, you end on a positive note that is reassuring to the candidate.

8 0
4 years ago
Read 2 more answers
Suppose a monopolist's costs and revenues are as follows: ATC = $50.00; MC = $35.00; MR = $45.00; P = $55.00. The firm should
bekas [8.4K]

Answer:

The firm should increase output and reduce price

Explanation:

For a monopolist, there can be one of the following three scenarios at a time point in time:

Scenario one, MR = MC: For a monopolist, profit is maximized at the point where marginal revenue (MR) is equal to to marginal cost (MC), i.e. where MR = MC.

Scenario two, MR < MC: But when the MR < MC, it indicates that the monopolist is currently producing a higher quantity of output and it is not maximizing profit. In order to maximize profit, the monopolist has to reduce output until MR = MC.

Scenario three , MR > MC: But when the MR > MC, it indicates that the monopolist is currently producing a lower quantity of output and it is not maximizing profit. In order to maximize profit, the monopolist has to increase output until MR = MC. Also, the monopolist has to reduce price in order to sell the increased quantity of output.

From the question, the monopolist falls into scenerio three as MR > MC, i.e. $45 > $35. Therefore, the monopolist should increase output until MR = MC and reduce price in order to maximize profit.

3 0
3 years ago
In the context of the different techniques used by an inference engine to manipulate a series of rules, _____ refers to a series
Volgvan

In the context of the different techniques used by an inference engine to manipulate a series of rules, <u>forward chaining</u> refers to a series of "if-then-else" condition pairs.

<h3>What is an inference engine? </h3>

An inference engine is a part of the system that applies logical rules to the knowledge base to deduce new information. The first inference engines were components of expert systems.

Therefore, the correct answer is forward chaining.

learn more about forward chaining: brainly.com/question/15303791

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4 0
2 years ago
A company is currently selling 10,000 units of product monthly for $40 per unit. The unit contribution margin is $27. The compan
Ludmilka [50]

Answer:

The company should accept the idea because profit will increase by $24,000.

Explanation:

A company is currently selling 10,000 units of product monthly for $40 per unit.

The unit contribution margin is $27.

The company believes that spending $50,000 per month on advertising will allow them to increase the selling price to $45 and that sales will increase by 750 units per month.

The unit contribution margin is the difference between selling price and variable cost per unit.

An increase in the selling price of $5 will cause the contribution margin to increase by $5, from $27 to $32.

Profits is the product of contribution margin and number of output.

At initial price, the profit was

= 10,000\ \times\ \$ 27

= $270,000

At the new price the profit will be

= 10,750\ \times\ \$ 32  - $50,000

= $344,000 - $50,000

= $294,000

The increase in profit

= $294,000 - $270,000

= $24,000

3 0
3 years ago
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