Answer:
a) demand curve and demand schedule
Explanation:
A demand schedule is actually a table while a demand curve is a graph. Understanding the difference between the two of them is important in answering this question but both show different quantities of goods that consumers are willing to buy at different prices. An important assumption is that other factors affecting the quantity demanded are held constant. In summary, a demand schedule shows this relationship in a tabular form while demand curve shows it in a graphical form.
Answer:
The correct answer is (B)
Explanation:
Economists are helpful to predict future economic and financial phenomenon’s. In that regard, statistical or mathematical models are considered more appropriate and it is said that they provide better results. In the above scenario, Syd is attempting to construct an economic model for that, the suitable technique to examine the cause and effect to predict the outcomes are mathematical functions. The reason is that mathematical models are more appropriate to predicts cause and effect.
Answer:
d. functional
Explanation:
A functional manager can be described as a managers whose responsibility is to manage an organizational unit such as a department within an organization.
A manager can be given the responsibility to manager a specific department such as marketing, engineering, IT, or public relations.
The primary role of a functional manager is to be in charge and manage resources in his department, and to also to direct the technical work of people working on a project under his functional area.
Therefore, managers who are responsible for just one organizational activity are known as <u>functional managers</u>. The correct option is d. functional.
Answer:
$41,774
Explanation:
the depletion expense is calculated below
Depletion expense reffered to the charge against profits for the use of natural resources.To calculate the depletion per unit we will need to calculate the total cost less salvage value then divide it by the total number of estimated units.
The expense is calculated by multiplying the depletion per unit by the number of natural resources units consumed current period.
Original cost= $659,964
residual value = $55,169
estimated units or tons= 96,740 tons
number of tons extracted in a given year = 6,682 tons of ore.
depletion expense =?
We will need to find the difference between the residual value and the original cost first. Which is
= (Original cost - residual value) = )$659,964 - $55,169)/96,740 tons
= 6.25
(6.25* 6,682 tons )= $41774
Hence,The depletion expense =$41774
