Answer:
The correct answer is (d)
Explanation:
Better quality can help to reduce many costs such as customer’s dissatisfaction cost, inspection cost and warrant and service cost. When customers don't like the quality of the product they are likely to buy the same product from somewhere else that is the dissatisfaction cost. Still, maintenance cost is likely to incur no matter how good the quality is. Maintenance cost helps to keep the product clean and fresh for long-term use.
Answer:
The answer is D a larger number of firms will lead to a higher average cost
Answer:
A) 3% decrease in the quantity demanded of pineapple.
Explanation:
We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.
In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.
Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%
Answer:
E) $3.00.
Explanation:
The computation of direct materials cost per equivalent unit is shown below:-
Equiavent unit with respect to material = $31,000 + $88,000 + $30,000
= 149000 units
Total direct material cost = $109,600 + $336,800
= $446,400
Direct materials cost per equivalent unit = Total direct material cost ÷ Equiavent unit with respect to material
= $446,400 ÷ 149,000
= $3 per unit
So, we have applied the above formula.
