Answer:
B) diminishing marginal utility
Explanation:
The law of Diminishing marginal utility states that utility falls as consumption increases.
The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Because of diminishing marginal utility, consumption can be encouraged by reducing price.
As utility falls, consumers would be unwilling to buy more goods at the same price, therefore it would be reasonable to reduce price to encourage consumption.
Answer: 402 years
Explanation:
Debt is $15,000,000,000,000
Payment per second $1,183
Time taken to pay off = 15,000,000,000,000/1,183
= 12,679,628,064 seconds
Seconds in a year = 60 secs * 60 mins * 24 hours * 365 days
= 31,536,000 secs
Time taken in years = 12,679,628,064/ 31,536,000
= 402 years
Answer:
The correct answer is letter "B": Master production schedule.
Explanation:
A Master Production Schedule (MPS) is a detailed plan that outlines what products and in which quantities products should be manufactured over a certain period. This schedule contrasts the Aggregate Production Plan (APP) which has a broader scope in business production not only for a product but for a product family usually in large plants.
<em>MPS planning horizon is shorter than the APP but easier to understand assuming the demand for the product is constant. The MPS lead time to produce a good tends to be longer than the APP.</em>
Answer:
a). $12,850 b.) 550
Explanation:
a). Shareholder equity
The shareholder equity consists of the shareholder capital contributions plus the retained earnings. calculating the shareholder's equity is through the formula shareholder equity = total assets -total liabilities
In this case,
Total assets = $5,000,+ $23,300= $28,300
Total liabilities = $4,450 + $11,000 + $15,450
Shareholder equity = $28,300 -$15,450 = $12,850
b). Net working capital
Net working capital is the difference between current assets and current liabilities. i.e., net working capital is current assets - current liabilities
current asset = $5000
Current liabilities = $ 4,450
Net working capital; = $5,000 - $4,450= $550
