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Alenkasestr [34]
3 years ago
6

The business cycle is: a. the pattern of increases and decreases in the money supply. b. the term used to describe fluctuations

in output around its long-term trend. c. the length of time required by a firm to buy inputs and produce and sell output. d. regular and predictable.
Business
1 answer:
leonid [27]3 years ago
8 0

Answer:

The correct answer is option b.

Explanation:

The business cycle can be defined as the fluctuations in the level of output of goods and services produced in an economy in a year. It is also referred to as the trade cycle.  

The business cycle consists of several stages such as recession, depression, expansion, boom or peak, recovery, etc.

The output level tends to fluctuate around its long term trend.

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Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,900 units (solar panels) in July a
Wewaii [24]

Answer:

Overhead budget:

Variable overhead= 274,400

Fixed overhead= 180,000

Total overhead= $454,400

Explanation:

Giving the following information:

Production= 4,900 units

Each unit requires 5 hours of direct labor at a rate of $16 per hour.

Variable factory overhead is budgeted to be 70% of direct labor cost

Fixed factory overhead is $180,000 per month.

First, we need to determine the direct labor cost:

Direct labor cost= (4,900*5)*16= $392,000

Now, we can calculate the overhead budget:

Overhead budget:

Variable overhead= (0.7*392,000)= 274,400

Fixed overhead= 180,000

Total overhead= $454,400

7 0
3 years ago
Timothy, a restaurant general manager, carefully watches his costs by reusing some items that in the past were immediately throw
Oliga [24]

Answer:

irresponsible is the first that comes to mind  

Explanation:

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4 0
3 years ago
A trucking company must deliver a product to a location 150 miles away. The company must pay the driver a wage of $14 per hour.
topjm [15]

Answer:

Speed of the truck should be 64.03 miles per hour to minimize the cost.

Explanation:

Data provided in the question:

Distance = 150 miles

Wage = $14 per hour

Cost of fuel = ( v² ÷ 250 )

Now,

Total time taken = Distance ÷ speed

= 150 ÷ v

Therefore,

Total cost, TC = Wage + Cost of fuel

= $14 × (150 ÷ v) +  ( v² ÷ 250 )

= \frac{2100}{v}+\frac{v^2}{250}

for point of minima differentiating with respect to 'v'

TC'(v) =  -\frac{2100}{v^2}+\frac{2v}{250} = 0

or

-\frac{2100}{v^2}+\frac{2v}{250} = 0

or

\frac{v}{125}=\frac{2100}{v^2}

or

v³ = 2100 × 125

or

v = ∛262500

or

v = 64.03 miles per hour

hence,

Speed of the truck should be 64.03 miles per hour to minimize the cost.

6 0
3 years ago
hector spent the last three months on winter fishing boat in Alaska. he was doing research on populationlevels of fish for conse
Volgvan
<span>Natural Resource Systems.</span>
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Do you think the road the speaker took was really the less traveled one? What line supports your answer?
fredd [130]
I believe the speaker of the poem took the more difficult road. He took the road less traveled by. That means he took the road with less people. His journey had to be more lonely. He took the road that the majority of people avoid.
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