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Naily [24]
3 years ago
8

Table 1 contains information about a small business for one month. The business

Business
2 answers:
alexira [117]3 years ago
8 0

Answer:

Profit during month =   £22,200

Explanation:

Given:

Number of unit sold = 270

Fixed costs  = £2,100

Variable costs (per unit)  = £110

Sales price (per unit)  = £200

Find:

Profit during month

Computation:

Total sales value = Number of unit sold x Sales price (per unit)

Total sales value = 270 x £200

Total sales value = £54,000

Total Variable costs value = Number of unit sold x Variable costs (per unit)

Total Variable costs value = 270 x £110

Total Variable costs value = £29,700

Profit during month = Total sales value - Total fixed cost - Total Variable costs value

Profit during month =  £54,000 -  £2,100 -  £29,700

Profit during month =   £22,200

8090 [49]3 years ago
7 0

Answer:

workings. Number of units sold: 240. Fixed costs: £1 100. Variable costs per unit: 45 pence. (2) ... You are advised to show your workings. (2). (Total for question = 2 marks). Q6 ... Table 1 contains information about a small business for one month. ... Using the information in Table 1, calculate the profit for this business. You ...

Explanation:

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Explanation:Risk control is a step in the hazard management process. It involves finding a way to neutralize or reduce an identified risk.

Risk control begins with a risk assessment to identify the presence and severity of workplace hazards. Employers must then implement the most effective controls available.

In order of effectiveness (from most effective to least), risk control methods include:

Elimination: removing the risk entirely

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6 0
3 years ago
If the economy is at equilibrium above potential output:
babunello [35]

Answer:

B) There is an inflationary gap, and contractionary fiscal policy is appropriate.

Explanation:

One of the macroeconomic cases is inflationary gap. It means that the difference between the current level of real gross domestic product (GDP) and the predicted or forecasted GDP that would be experienced and achieved if an economy is at full employment. It could be claimed that when the demand for goods and services gets over the production in the factors such as: higher levels of overall employment, increased trade activities or increased government expenditure.

In order to overcome this gap, the contractionary fiscal policy must be considered. The mechanism of that policy is to increase the taxes decrease the government expenses due to inflationary pressures. This policy consequently will affect the level of consumption and private investment, respectively, these also will decrease the real GDP.

Other concept of macroeconomics is recessionary gap. In comparison to inflationary gap, this concept indicates the economy operating at lower level than its full equilibrium level, in turn, the level of real GDP is also less than full equilibrium level. We used to see this situation when the economy was intending to recess.

In order to overcome this gap, the expansionary fiscal policy will work well. Because of decreasing taxes and increasing government expenditures, the recessionary gap can be fought anymore. Since the taxes decreases, the business will revive and the confidence to the investment will increase, as a result the GDP will rise. Moreover, the growing government expenditures will stimulate the GDP to accrue.

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4 years ago
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3 years ago
Today companies such as Nike, Walmart and Apple are trying to stop certain harmful practices and prevent managers abroad from ad
Leni [432]

Answer:

where is the wuestion

Explanation:

3 0
3 years ago
Direct materials inventories are kept in pounds for Cat Company, and the total pounds needed for production in the current perio
pychu [463]

Answer:

Purchase= 14,500 pounds

Explanation:

Giving the following information:

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