<span>Unsure if there is a question posed or implied here. In any event, Trevor should have immediately researched and documented the suspect batch(es) of peanut butter, contacted any retailers who may have received the contaminated batches and then confirmed that those batches had been returned to his plant and destroyed. At the same time he should have instructed his employees to shut down the production of peanut butter, destroy the plants current output, and completely clean, inspect and retest the line in order to ensure that uncontaminated peanut butter was being produced. During this self-inspection stage, he shoudl have also notified the US FDA and reported onwhat had been done and documented.</span>
From the information given, the total interest payable on the mortgage is 290, 659.84 See the calculation and analysis below.
<h3>What is the calculation on the above mortgage scenario?</h3>
We are given
Vacation Home purchase amount = $250,000
Down payment = 20% i.e. $235,000 X 20% = $50,000
Loan Amount = $250,000 - $50,000
Rate = 7%
Period = 22 years = 22 x 12 = 264 monthly installment
Monthly installment = $1,858.56 (See attached spread sheet).
Recall that Total interest paid
= Monthly Installment X N - Principle loan amount
Hence,
1,858.56 x 264 - 200,000
= 490,659.84 - 200,000
Total interest paid = 290, 659.84
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If ty chooses a smartphone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smartphone, he is using a(n) lexicographic heuristic to help make his purchase decision. The study of heuristics analyzes how people make decisions when optimization is out of reach. It focuses on two questions, the first and descriptive, and the second is normative.
Answer:
D
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources
Points inside the production possibilities curve means that the nations resources are not being fully utilised
Factors that cause the PPF to shift
1. changes in technology.
2. changes in available resources.
3. changes in the labour force.
Due to the significant unemployment , production would occur at a point inside the curve. When the firm moves to full employment, production would take place on the curve
