<span>This statement is true. Since it is impossible to eliminate all spontaneity in life, planning for every little thing is just not viable. There will always be an issue that pops up, which will only create more stress if not planned for. So, yes, too much planning on the job can get in the way of truly enjoying it.</span>
Answer:
100 bushels of oranges
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
for Greece
opportunity cost of producing oranges = 20 / 100 = 0.2
opportunity cost of producing tomatoes = 100/ 20 = 5
For turkey
opportunity cost of producing oranges = 30 / 40 = 0.75
opportunity cost of producing tomatoes = 40 / 30 = 1.33
Greece has a comparative advantage in the production of oranges. If it specialises in the production of oranges, it would produce 100 bushels
Answer:
B) 3 scarves
Explanation:
total fixed costs per day = $60 (rent)
selling price per scarf = $40
variable cost per scarf = $15
contribution margin = selling price per unit - variable cost per unit = $40 - $15 = $25
break even formula in units = total fixed costs / contribution margin = $60 / $25 = 2.4 units, since you can only sell complete units, the break even amount is 3 scarves.
<span>Disability income plans which require that the insurer can never change or alter premium rates are usually considered </span>noncancellable.
Noncancellable means an insurance policy that can not be canceled as long as the customer makes their premium payments. They can not cancel or change the service agreement for any reason if payments are made.
Answer:
Gross profit= $54,700
Explanation:
Giving the following information:
Purchases $37,000
Merchandise inventory, September 1 6,100
Merchandise inventory, September 30 6,800
Sales 91,000
<u>First, we need to calculate the cost of goods sold:</u>
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 6,100 + 37,000 - 6,800
COGS= $36,300
<u>Now, the gross profit:</u>
Gross profit= sales - COGS
Gross profit= 91,000 - 36,300
Gross profit= $54,700
