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2 years ago

What are the disadvantages of using acrid analysis to help make desisions? HURRY!!!!

1 answer:

4 0

It is only as good as the information put into it. You must very good and correct information in order to have good decision. It is not suitable for small tables (little input information and "small" problems).

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Ferkil Corporation manufacturers a single product that has a selling price of $100 per unit. Fixed expenses total $225,000 per y

exis [7]

Answer:

d)= 6,500

Explanation:

The break-even point (BEP) is the units of the product that Ferkil Corporation must sell for it to make no profit or loss.

This units can be determined as follows:

BEP = Total fixed cost + target profit/ selling price - variable cost

So we substitute the variables given into the formula

5000 = 225,000 /(100-X)

5000×(100-X) =225,000

500,000 -5000x = 225,000

(500,000 -225,000)/5000 = x

X= 55

variable cost per unit = $55

Units to sell to achieve a profit 67,500

= (225,000 + 67,500)/(100-55)

= 6,500

6 0

2 years ago

What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?

makkiz [27]

Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
Gary Becker, an economist from the University of Chicago has popularized this term. The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community:

7 0

3 years ago

At 1

ELEN [110]

B) did not acquire the instrument in good faith

7 0

3 years ago

The given statements are about monopolistic competition. Indicate whether each statement is true or false. A monopolistically co

Nuetrik [128]

Answer:

1. A monopolistically competitive firm may be able to distinguish itself from other firms by adjusting the physical attributes of its product, by offering a distinctive level of service, or by selecting a convenient location.- True

2.Product differentiation enables a monopolistically competitive firm to have some control over the price of its product- True

3.In the long run each monopolistically competitive firm produces a level of output that results in allocative efficiency.- False

4. In the long run each monopolistically competitive firm produces a level of output that results in productive efficiency- False

5.To maintain a competitive edge and earn economic profits, a monopolistically competitive firm has an incentive to improve its product. -True

6. Compared with purely competitive markets, under monoplistic competition consumers with a diversity of tastes can benefit from the opportunity to choose from a greater range of products and services. -True

7.In order to maximize its profits, each monopolistically competitive firm must determine the price of its product, how to differentiate its product, and how much it will spend on advertising.True

Explanation:

3 0

3 years ago

Only one commercial bank in the banking system has an excess reserve, and its excess reserve is $400,000. This bank makes a new

Zarrin [17]

Answer:

money supply will increase by 2,400,000

Explanation:

the expansion f the money supply will be:

the money multiplier will be:

1/reserve ratio = 1/0.125 = 8

300,000 x 8 = 2,400,000

The reasoning for the multiplier effect is the following:

once the money is received, it will be used, and the person who receive the cash will deposit their proceeds.

This amount, can generate a new loan for, the remainder after subtracting the required reserve.

300,000 - 12.5% = 262,500

And this, once used will also end in a deposit. This opens the posibility for another loan, after reducing the reserve

262,500 - 12.5% = 229,687.5‬

This can be reapeat again and again and the limit for this is the formula state above:

multiplier effect = 1/reserve ratio

5 0

3 years ago