Using High-Low method:x 1 = 1,125 ( low units ), x 2 = 3,000 ( high units )y 1 = 38,000 ( low cost ), y 2 = 59,000 ( high cost ).Formula is: y = m x + b, where b represents Fixed costs. m = ( y2 - y1 ) / ( x2 - x1 ) = ( 59,000 - 36,000 ) / ( 3,000 - 1,125 ) = 11.259,000 = 11.2 * 3,000 + bb = 59,000 - 33,600 = 25,400y = 11.5 x + 25,400Answer: Total fixed costs are $25,400.
Answer:
False
Explanation:
The Expectancy Theory was formed by Victor Vroom in the year 1964. This theory stipulates that for a worker to be motivated to participate in a task, it would be a result of how motivated he is. The satisfaction derived from the reward is known as the valence. The employee must attach a high level of importance to the reward for it to be classified as having a high valence.
In the case of Grant, in the above scenario, the motivating factor or valence needed for him to participate in the years contest and emerge a winner is an all-expense paid trip to Taiwan. Unfortunately, this reward does not have a high valence for Grant because he does not like to go to countries where he cannot speak the language. Therefore, he is not enthusiastic about the reward.
The rate of interest the Federal Reserve charges banks for short-term loans is called the
discount rate.
Answer:
LESSER THAN
Explanation:
During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression
Answer:
the judicial power shall be vested in one suprene court and in such lower courts as may be established by law.
