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BET SAY LESS nrg_samfortnite or
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I would say that if the manager was consulted on the budget then he/she couldn't complain that it was unrealistic and impossible to meet and if they had any problems with it then they should have spoken up when the budget was being formulated.
Answer:
Explanation:
Demand can be defined as the total quantity of a particular commodity which a consumer is willing and able to buy at a particular price and a particular time.
A demand schedule is a tabular representation of the total quantity of a particular commodity which a consumer is willing and able to buy at a particular price and a particular time.
Below is an attachment showing the tabular representation and the solution to requirement A
In the first Attachment all that was done was to use the values from the question to get our requirements Total revenue was gotten by (Price * Quantity)
Marginal Revenue was gotten by finding the Change in Total Revenue divided by Change in Quantity
So also a tabular representation of B
All that is required to plot the graph is to match the values gotten to the Y axis which represents revenue and X axis which represents quantity and connect the lines together.
Answer: the U.S. dollar was the only currency that was fully convertible to gold; other currencies were not directly convertible to gold
Explanation:
The Bretton Woods system was a system that was based on dollar, being used as a standard for other currencies from other parts of the world which in turn was pegged to the good price.
Under this system, the U.S. dollar was the only currency that was fully convertible to gold; other currencies were not directly convertible to gold.
Answer:
Option (a) : 505,400 units
Explanation:
As per the data given in the question,
Budget sale units = 531,000
Ending inventory of finished goods = 66,200
Beginning inventory of finished goods = 91,800
Budgeted production unit = 531,000 + 66200 - 91,800
= 505,400
So, The number of units it would have to manufacture during the year is 505,400 units.
Hence, option (a) is correct answer.