Answer: Increase in equilibrium quantity of fish.
Explanation: New technology allows fishing boats to catch more fish while using the same number of crew-members. This will increase supply of fish shifting the supply curve for fish to the right.
At the same time a new study shows that eating fish at least three times a week helps prevent heart attacks. This will increase demand for fish shifting the demand curve for fish to the right.
The net effect of these changes is an increase in equilibrium quantity of fish. However, the change in the price of fish cannot be determined as it depends on the magnitude of shift in the two curves.
Answer:
outsource the accounting function to another firm
Explanation:
Based on this information regarding Marcus' situation, the best advice would be for him to outsource the accounting function to another firm. This is something that many individuals/companies do and will allow Marcus to focus all of his time and energy on what he is best at (which is helping his clients with their marketing challenges.) while at the same time making sure that the accounting tasks such as billing the clients are done quickly and correctly.
Answer:
Professional image is mandatory in finding the employment.
Explanation:
Presenting a professional image plays an important role in finding employment. It is our behavior, appearance, and way of communicating that help in attracting employment.
If our appearance is not appealing and our communication skills are weak and our behavior is not as per the requirements of the job then we might face difficulty in getting a job. Professional presentation is vital and expected by the person recruiting the employees.
Answer:
Cost of jobs completed in February=
Direct materials issued to production+
Direct labor costs+
Manufacturing overhead applied
=(96000+113000+119000)
=$328000(B).
The break-even point is calculated as -
Break-even point (in units) = Fixed cost ÷ Contribution margin per unit
Here,
Selling price = $ 21.95
Variable cost (manufacturing costs) = $ 14.92 (since, costs bifurcation is not given, the manufacturing costs are taken as variable costs)
Contribution per unit = Selling price - Variable cost (manufacturing costs)
Contribution per unit = $ 7.03
Fixed cost (monthly) = $ 8500
Now,
Break-even point (in units) = $ 8,500 ÷ $ 7.03
Break-even point (in units) = 1,209.1 or 1210 games
