Answer:
The given statement 'In fact,...observable' conveys the idea that <u>it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly</u>. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.
<span>
$300,000 / 30% = 1,000,000 - 300,000 = $700,000 </span>
When using the Euromarkets, companies pay less for the loans
I think it’s the continual system
Answer:
$1,901,385
Explanation:
First unit produced by lambda took 5,000 hours to produce and required $30,000 worth of materials and equipment usage.
The second unit took 4,500 hours and used $24,000 worth of materials and equipment usage.
learning rate = time needed to produce second unit / time needed to produce first unit = 4,500 hours / 5,000 hours = 90%
materials and equipment usage rate = $24,000 / $30,000 = 80%
using the attached table of cumulative values, we can determine the cumulative improvement factors needed to solve this question:
Olsan's accumulated cost for producing 20 more guidance controls
-
work hours = 4,500 x 14.61 (90% and 20 units) x $25 per hour = $1,643,625
- materials and equipment = $24,000 x 10.74 (95% and 20 units) = $257,760
- total = $1,901,385