The revenue function is given by R = -10p² + 4700p
Revenue is the total amount of money made from selling a particular unit of products while cost is the amount of money spent in production.
Given an annual sales (q) as:
q = (−10p + 4,700) million units.
The selling price is $p per unit. Hence:
Revenue = per unit price * annual sales
Revenue = p * (−10p + 4,700)
Revenue (R) = -10p² + 4700p
The revenue function is given by R = -10p² + 4700p
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John kotters theory consist of 8 steps processes for leading change.
Change is hard.
Especially if we wanted to change something that deeply immersed in our habit. Florence and her team cannot just tell and force the staff to change. They have to be patient and implement the correct ways to the changes in order for it to be happen.
Answer:
The correct answer is letter "B": can be physically touched.
Explanation:
Goods are those <em>material </em>assets that satisfy consumers' needs. Services are also provided to fulfill individuals' wants but they are <em>intangible</em>, meaning even if goods can be rendered from one person to another, services cannot be touched or perceived with the senses. The creation of goods and services to cover different types of necessities is what drives countries' economies.
Answer:
Units transferred out = 760
Explanation:
If we assume that all units are completed in the order of arrival i.e (FIFO), then the units transferred out is the sum of the opening inventory and the units started and completed in the period. The units started and completed in the period is referred to fully-worked.
Fully worked is computed as the units started in the period less the closing inventory .
Fully- worked = 800 - 240 = 560
The units transferred out = opening inventory + Fully-worked
= 200 + 560 = 760
Units transferred out = 760
Note we assumed that the units of the inventory( started last period i.e January) would be worked on first in the month of February before any other units. So, it is assumed completed by the end of February
Answer:
4. Estimates the decrease in the value of capital goods due to wear and tear over the year.
Explanation:
In accounting terms and in the business world, depreciation is defined as the systematic loss or reduction in value of a fixed asset or capital goods over time due to wear and tear. It is used in estimating the useful life or life expectancy of the asset. Examples of those fixed assets include, buildings, furniture, tractors, etc.
