Answer:
Both the metric system and the US monetary system are based on the system of tens.
Explanation:
The metric system is based on the meter, which is divided into 100 centimeters, while the US monetary system is based on the dollar that is divided into 100 cents.
Generally speaking all Americans and most US organizations use the Imperial System (along with Liberia and Myanmar), while the rest of the world uses the metric system. But some American organizations use the metric system also, like the military and many financial institutions, specially those that export or trade with commodities.
What s really intriguing about this, is that the metric system is the official measuring system of the US since 1866, but it hasn't been massively applied yet.
Answer:
the contribution margin per unit is $15 per unit
Explanation:
The computation of the contribution margin per unit is shown below:
Contribution margin per unit is
= Selling price per unit - variable cost per unit
= ($540,000 ÷ 9,000 units) - ($405,000 ÷ 9,000 units)
= $60 - $45
= $15 per unit
Hence, the contribution margin per unit is $15 per unit
To calculate marginal cost, divide the change in production costs by the change in quantity. The purpose of analyzing marginal cost is to determine at what point an organization can achieve economies of scale to optimize production and overall operations.
<h3>What is
marginal cost?</h3>
The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.
According to the law of declining marginal utility, as consumption increases, the marginal utility obtained from each extra unit decreases.
Marginal cost is an important concept in economic theory because a corporation seeking to maximise profits will produce until marginal cost (MC) equals marginal revenue (MR) (MR). After then, the cost of creating an additional item will outweigh the money generated.
To know more about marginal cost follow the link:
brainly.com/question/11689872
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Answer:
(C) reached the rate of 80 billion percent per month.
Explanation:
Inflation in Zimbabwe in 2008 -
In the year 2008 , Zimbabwe was in a condition of hyperinflation , which started in the February 2007 , and was extremely high in the year 2008 to 2009 .
During this time the government of Zimbabwe stop to fill the official inflation statistics , and hence it became very difficult to measure Zimbabwe's hyperinflation .
But the estimated amount was around 80 billion percent per month .
Answer:
D) Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.
Explanation:
In contract law, an offer can always be taken back as long as the other party hasn't accepted it yet. In this case, Jack agreed to make an offer about the restaurant and he even included certain details that apparently were important (non-competition agreement), but since Hal and Sophia haven't accepted it yet, Jack can take it back without fear of any claim being made against him. All he has to do is communicate his decision of taking back his offer to either Hal or Sophia, or their agent (if there is one).
