Answer:
Contribution per machine hour = $4 per machine hour
Explanation:
The contribution per machine is the total contribution made divided by the total machine hours consumed.
Contribution per machine hour = Total contribution/Total machine hours
The total contribution made = Unit contribution × unit sold
unit contribution = selling price - variable cost
= 10-8= $2 per unit
Total contribution = $2× 4,000= $8,000
Total machine hour = 2,000
Contribution per machine hour= 8,000/2,000 = $4 per machine hour
Contribution per machine hour = $4 per machine hour
Answer:
Change in G = $90 billion
Explanation:
Data provided in the question:
Shift in demand curve, ΔY = $300 billion
Marginal propensity to consume (MPC) = 0.7
Now,
Government spending multiplier
⇒ ΔY ÷ ΔG = 1 ÷ ( 1 - MPC )
or
⇒ $300 billion ÷ ( Change in G ) = 1 ÷ ( 1 - 0.7 )
or
Change in G = $300 billion × ( 1 - 0.7 )
or
Change in G = $300 billion × 0.3
or
Change in G = $90 billion
The answer is a market's condition. <span />
Answer: Chief in operations section
Explanation: The chief in operations section of an entity is responsible for execution of the strategic plan made and implementing the actions done in daily business activities in accordance with the objectives ascertained by the management.
From the above we can conclude that it is the operation section chief who directs management for incident related activities.