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3 years ago

What happens to price when the cost of resources rise or fall?

1 answer:

8 0

Price: The value of goods and services that consumers need to pay in order to get it

Cost: The money needed to manufacture a good

So, if the manufacturing costs increase, the Yota expenditure is also likely to increase. As producers want to maintain or even increase profit margins to satisfy shareholders, the price they set for consumers are also likely to increase.

On the other hand, if there is a decrease in cost of resources, the producer is likely to produce more at every price level. Therefore, lowering the price. It is the law of supply.

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Nata [24]

Vas happenin!!

Scale is for to find your note or key

Clef is the beginning of the notes

Pitches are for singing

Signature is your own voice

I would go with scale

Hope this helps

-Zayn Malik

5 0

2 years ago

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ZanzabumX [31]

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7 0

3 years ago

The applications of analytics are not just limited to business but extend to a wide-array of human activity.

Mars2501 [29]

The applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.

<h3>How to illustrate the information?</h3>

Discovering, understanding, and communicating meaningful patterns in data is the process of analytics. Simply put, analytics enables us to recognize insights and valuable data that we might not otherwise notice.

Analytics combines data and arithmetic to make predictions about the future, identify relationships, and automate decision-making.

Therefore, based on the information, th

he applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.

Learn more about analytics on:

brainly.com/question/25819900

#SPJ4

4 0

1 year ago

A firm’s income statement included the following data. The firm’s average tax rate was 20%. Cost of goods sold $ 9,000 Income ta

Semmy [17]

Answer:

a. $12,000

b. $32,000

c. $17,000

Explanation:

The computations are shown below:

a. Net income = (Income tax paid ÷ Tax rate) – Income tax paid

Net income = ($3,000 ÷ 20%) - $3,000

= $12,000

b. Revenues = Cost of goods sold + Income tax paid + Administration expense + Interest paid + Depreciation + Net income

= $9,000 + $3,000 + $4,000 + $2,000 + $2,000 + $12,000

= $32,000

3. EBIT = Net income + Interest expense + Taxes

= $12,000 + $2,000 + $3,000

= $17,000

8 0

3 years ago

Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four sepa

zzz [600]

Answer:

The value-added, non-value-added, total lead time, and the value-added ratio under the present production approaches is as follows:

value-added=20 minutes

non-value-added=905 minutes

total lead time=925 minutes

value-added ratio=2.2%

The value-added, non-value-added, total lead time, and the value-added ratio under the proposed production approaches is as follows:

value-added=20 minutes

non-value-added=50 minutes

total lead time=70 minutes

value-added ratio=28.6%

Explanation:

In order to calculate the the value-added, non-value-added, total lead time, and the value-added ratio under the present production approaches we would have to use the following formula:

value-added=Process times, step 1 +Process times, step 2+Process times, step 3+Process times, step 4

value-added=5+8+4+3

value-added=20 minutes

non-value-added=Total within batch wait time+movie time

non-value-added=(5+8+4+3)*(45-1)+25

non-value-added=905 minutes

total lead time= value-added+ non-value-added

total lead time=20+905

total lead time=925 minutes

value-added ratio=value-added/total lead time

value-added ratio=20/925

value-added ratio=2.2%

In order to calculate the the value-added, non-value-added, total lead time, and the value-added ratio under the proposed production approaches we would have to use the following formula:

value-added=Process times, step 1 +Process times, step 2+Process times, step 3+Process times, step 4

value-added=5+8+4+3

value-added=20 minutes

non-value-added=Total within batch wait time+movie time

non-value-added=(5+8+4+3)*(3-1)+10

non-value-added=50 minutes

total lead time= value-added+ non-value-added

total lead time=20+50

total lead time=70 minutes

value-added ratio=value-added/total lead time

value-added ratio=20/70

value-added ratio=28.6%

7 0

3 years ago