Answer:
d. Design utilization is 66%.
Explanation:
If the clinic gave flu shots to 330 seniors over ten hours, that's an average of 33 seniors per hour, comparing to the design capacity and effective capicity gives:
Therefore, Design utilization is 66% and Effective utilization is 75% so the answer is D.
Answer:
b
Explanation:
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
- Firms that set the market price for their products
- profit maximisation
- high barriers to entry or exit of firms
- downward sloping demand curve
87 octane gas in Durham is the same in each of the five stations, so the product is undifferentiated
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
A monopolistic competition is when there are many firms selling differentiated products in an industry.
A monopoly is when there is only one firm operating in an industry.
An example of a monopoly is a utility company
Answer:
$15.625
Explanation:
The computation of the no-arbitrage U.S. price of one ADR is shown below:
= Euro U.S. dollar spot exchange rate × closing price per share × number of shares
= €.625 × €5 per share × 5 shares
= $15.625
Simply we multiply the Euro U.S. dollar spot exchange rate with the closing price per share and the number of shares so that the correct price of one ADR can be come
Answer:
A country induce imports mainly due to two strategies. First is when the needs is to be satisfied for a commodity that cannot be produced domestically or to foster competition in the domestic country.
When the imports increase the domestic industries tries to improve their operations by increasing efficiency which leads to better economic growth and employment opportunities.
Answer:
It is a relatively easy method to apply.
Explanation:
When accounting for a subsidiary, equity method is followed, whenever the shareholding percentage is equal or more than 20%.
But here, the parent company uses, initial value method for internal reporting.
Under initial value method the value of investment in subsidiary is recorded at cost, and then adjusted at year end at fair value, this clearly shows the gain or loss at each year end from such investment as per market norms.
There is no statutory requirement to follow such initial value method for internal reporting.
The correct reason therefore, is:
It is a relatively easy method to apply.
