Answer:
- Paul Donut Franchisee : Perfectly Elastic Supply
- P & G Facial Tissues : Elastic Supply
- Papermate Pens : Inelastic Supply
- Bright Ideas Lightbulbs : Perfectly Inelastic Supply
Explanation:
Price Elasticity of Supply is sellers' quantity supplied response to price change. P(Es) = % change in supply / % change in price.
Supply can be classified by Price Elasticity of Supply, as undermentioned :
- Elastic Supply : P(Es) > 1 ; % change in supply > % change in price
- Inelastic Supply : P(Es) < 1 ; % change in supply < % change in price
- Unitary Elastic : P (Es) = 1 ; % change in supply = % change in price
- Perfectly Elastic Supply : P(Es) = ∞ ; Supply responds infinitely to any slight price change & so prices are constant.
- Perfectly Elastic Supply : P (Es) = 0 ; Supply responds negligibly to massive price change & so quantity supplied is constant
- Paul Donut Franchise : Unlimited Supply at constant price, so supply perfectly elastic
- P & G facial tissues : % change in supply i.e 66% > % change in price i.e 10% , so supply is elastic
- Papermate pens : % change in supply i.e 10 % < % change in price i.e 15% , so supply is inelastic
- Bright Ideas Lightbulbs : % change in supply 15% negligible in relation to 400% price change , so supply is perfectly inelastic
Answer: Sustainability
Explanation:
The sustainability is the term which is used to refers to the economical activities that helps in maintain the present actual requirement and also understanding the future abilities.
The importance of the sustainability is that it helps in maintain the quality of our environment and also the various types of natural resources.
The following are some benefits of the sustainability are as follows:
- Reduce the cost
- Helps in reducing the waste
- Increase the productivity in an organization
- The business abilities get increased
According to the question, the sustainability is basically refers to the natural environment that has long term potential which include the various types of biological entities, business strategies and also the interaction with the environment.
Therefore, Sustainability is the correct answer.
Answer:
Indirect manufacturing cost= $22100
Explanation:
We are provided with the following information:
Direct materials $ 6.20
Direct labor $ 3.10
Variable manufacturing overhead $ 1.35
Fixed manufacturing overhead $ 14,000
Sales commissions $ 1.50
Variable administrative expense $ 0.40
Fixed selling and administrative expense $ 4,500
6,000 units are produced
Indirect manufacturing cost= variable overhead + fixed manufacturing overhead= 1,35*6000+14000= $22100
Answer:
Total budget = $53,330
Explanation:
<em>The total overhead is an example d of a mixed cost. A mixed cost is that made up of a variable portion and a fixed portion. The variable portion is driven by the activity level- machine hours. While the fixed portion is independent of the machine hours</em>
Fixed overhead = 15,300 + 5,600+ 6600 = 27500
Variable overhead per hour = (54,560 -27500)/2200
= $12.3 per hour
Budget for 2,100 machine hours
= 27,500 + ($12.3× 2100)
= $53,330
<span>Put the individual p-values in ascending order.Assign ranks to the p-values. For example, the smallest has a rank of 1, the second smallest has a rank of 2.<span>Calculate each individual p-value’s Benjamini-Hochberg critical value, using the formula (i/m)Q, where:<span>i = the individual p-value’s rank,m = total number of tests,Q = the false discovery rate (a percentage, chosen by you).</span></span>Compare your original p-values to the critical B-H from Step 3; find the largest p value that is smaller than the critical value.</span>
As an example, the following list of data shows a partial list of results from 25 tests with their p-values in column 2. The list of p-values was ordered (Step 1) and then ranked (Step 2) in column 3. Column 4 shows the calculation for the critical value with a false discovery rate of 25% (Step 3).
The bolded p-value (for Children) is the highest p-value that is also smaller than the critical value: .042 < .050. <span>All </span>values above it (i.e. those with lower p-values) are highlighted and considered significant, even if those p-values are lower than the critical values. For example, Obesity and Other Health are individually, not significant when you compare the result to the final column (e.g. .039 > .03). However, with the B-H correction, they are considered significant; in other words, you would reject the null hypothesis for those values.
