Answer:
The correct answer would be option D, Focus their thinking on the essence of the problem at hand.
Explanation:
An economist is a person who has expertise or who is an expert in the field of Economics. The Economists make assumptions about the economies to focus their thinking on the essence of the problem they have at the moment. They predict the economy, they analyze the economy, they suggest solutions to the problems concerning the economy on the basis of their experience and the new studies being carried up by them. So for this purpose they make assumptions because they want to clearly analyze the situations and want to see what impact their decision will make on the economy, which give them a clear picture about the possible solutions of the problem they have at hand at the moment.
Answer:
Explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one. Please have a look at the attached photo.
Given:
- Cost $71 per linear foot
- Budge $34080 for those walls
Let X is the the length
Let Y is the width
From the photo, we can see that
(4X + 6Y)*71 = 34080
<=> (4X + 6Y) = 480
<=> Y = 80 -
X
The are of the rectangular industrial warehouse:
A(X) = 3Y*X
<=> A(X) = 3(80 -
X )X
<=>A(X) = (240-2X)X = 240X -
So A'(X) = 240 - 4X
Let A'(X) = 0, we have:
240 - 4X = 0
<=> X = 60
=> Y =(80 -
X ) = 80 -
*60 = 40
So the dimension to maximize total area is: 60 in length and 40 in width
The bank puts interest in your account because they take sum of it to loan to ppl and it’s goes through a lot and comes back to your account and then sum
Answer:
The order in which the following budgets are generally prepared are as arranged below:
1. Sales budget
2. Production budget
3. Material purchases budget
4. Budgeted income statement
In an attempt to expatiate the decision above. We must observe that income statement starts with revenue. Similarly here, the budget will starts with sales. The revenue section is followed by production budget which from which various budgets like material, direct labor and overhead budget are prepared from. After the Production budget, follow the Material purchase budget, then Budgeted Income Statement