<u>Solution and Explanation:</u>
1. MC = Cost of raw material + Cost of time
MC = 5 plus (10 divide by 2)
MC = $10
2. TFC = $300
Q = 300
, AFC = TFC/Q = 300 divide by 300 = $1
3. His profit maximizing output would be higher
Reason: P = MR = $15
, MC = $10
Since MR > MC, and at the profit maximizing point MR = MC, it is better for Nicholas to increase his output.
4. His profit maximizing output would be higher
Reason: P = MR = $15
, MC = $4 + $5 = $9
Since MR > MC, and at the profit maximizing point MR = MC, it is better for Nicholas to increase his output.
Answer:
The Oscar's fixed costs per month is $2,500
Explanation:
Fixed cost: The fixed cost is that cost in which the amount is remain fixed whether production level change or not, that means it does not have any effect on the production level.
In the given question,
Monthly rent is $2,500 which is fixed so, it would be considered as fixed cost
The per hour pay and electrical bill depend upon the total hours of operation which means if the more hours, the workers are engaged so more pay will be give to them, and more electricity bill come.
And if they are working few hours, than less rate and less electrical bill will be there which reflects the variable cost. So, these cost are considered variable cost. Thu, it would not be included in the fixed cost.
Hence, Oscar's fixed costs per month is $2,500
Answer:
Explanation:
A:
Number of contracts required:
= (0-1.2)×36,000,000÷(900×$250)
= -192
Since negative value, short 192 contracts.
B:
= (0.9 - 1.2)×36,000,000÷(900×$250)
= -48
Since negative value, short 48 contracts.
C:
= (1.8 - 1.2)×36,000,000÷(900×$250)
= 96
Since positive value, long 48 contracts.
Answer:
Explanation:
As the complete question is not given thus the complete question is found online and is attached herewith.
As per the complete question, the goals of the two foundations are required which are as follows:
American Federation of Labor:
American Federation of Labor made efforts for
- <em>Cooperation among corporate and political leaders to achieve goals of the working community</em>
- <em>Settlement of hundreds of industrial disputes </em>
- <em>Encouraged improvements in safety environment at the factory </em>
- <em> Establishment of pensions for long-term workers</em>
Industrial Workers of the World
Industrial Workers of the World advocated and worked for:
- The one big union
- The rejection of capitalism
- The inclusion of unskilled and foreign born workers.
Answer:
the stock price <u>has decreased in the same proportion as the dividend. </u>
Explanation:
Since we are told that the dividend yield remained the same, and the dividend decreased by 2.03%, we know that the price of the stock decreased by 2.03%.
= [($1.45 - $.148) / $1.48] x 100 = -2.03%