Answer:
Hand saw is cheaper.
Explanation:
Given:
Material cost = $500
Electric saw cost rent per hour = $20
Building hour from electric saw = 6 hour
Building hour from hand saw = 15 hour
Time off pay from job = $8/hour
Computation of total cost from Electric saw :
Total cost from Electric saw = Material cost + Renting cost of electric saw + Time of from job
Total cost from Electric saw = $500 + (6 × $20) + (6 × $8)
Total cost from Electric saw = $500 + $120 + $48
Total cost from Electric saw = $668
Computation of total cost from hand saw :
Total cost from hand saw = Material cost + Time of from job
Total cost from hand saw = $500 + (15 × $8)
Total cost from hand saw = $500 + $120
Total cost from hand saw = $620
Hand saw is cheaper.
Answer:
False
Explanation:
The given situation does not represents the support function as it is a production function and the same is to be considered as it manages and improves the organization efficiency also it convert the processes through which it added the more value to the organization
Therefore the given statement is false
Answer:
That two projects are not mutually exclusive means the firm can implement both projects. They should run both because they both have returns exceeding the cost of capital.
Explanation:
Answer:
The correct answer is $1,881,600
Explanation:
According to the scenario, the computation of the given data are as follows:
Unit sells = 10,000 units
Growth rate = 12%
Selling price = $150 per unit
Costing = $100 per unit
So, we can calculate the budget sales revenue by using following formula:
Budget sales unit for quarter 3 = (10,000 × 112%) × 112% = 12,544
So, budget sales amount for quarter 3 = 12,544 × $150
= $1,881,600
Answer:
A
Explanation:
The privately-owned school system in Smalltown generates positive externality to members of SmalltownA good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
The free rider has caused a decline in revenues and did not cause the private market to undersupply education to the community
