And something legally sufficient is <span>A promise to do something that one has no prior legal duty to do.
</span><span>For an agreement to be considered as legally sufficient, consideration must be something of value according to the law. After it fulfills all those the condition than the legal department could make an interference if either party do not keep their initial agreement.</span>
Answer: The correct answer is "e. hire; positive".
Explanation: Amy just applied for a position with Rory’s firm. Rory knows that Amy will earn $20 an hour and can produce a value of the marginal product of labor (VMPL) of $40. Rory will <u>hire</u> Amy because her VMPL is <u>positive.</u>
Answer:
c. $20210
Explanation:
The formula for COGS is as follows;
COGS= cost of opening inventory + purchases - cost of closing inventory.
Lets first calculate total production cost of 7550 units.
Total production cost= material cost + labor cost + production overheads.
(Important: selling and administrative expenses are not part of cost of goods sold).
TPC= $11065 + $11200 + $10200
TPC= $32465
Now we calculate production cost per unit in order to find the cost of closing inventory.
Production cost/unit= $32465÷7550
Production cost/unit= $4.3
The company produced 7550 units but sold only 4700 of them therefore the difference represents the closing inventory.
Cost of closing inventory = $4.3×2850
cost of closing inventory = $12255
If we subtract cost of closing inventory from total production cost we will get Cost of goods sold (COGS).
COGS= $32465 - $12255
COGS= $20210
Answer:
c) It refers to how well a study measures what it was designed to measure.
Explanation:
Validity explains how well an instrument measures what it supposed to measure. The idea of validity revolves around effectiveness of an instrument in achieving what the instrument is designed for. The instrument can be a study, survey or measurement instrument itself. Validity has degree, from high to low.
For example, if a study is undertaken to measure happiness at old age really help the researcher to reach conclusion about the research focus, then we can say the study has high validity. Otherwise, we can conclude that it has low validity.
Answer:
Your monthly expenses are greater than your monthly income.
Explanation:
A deficit means having a shortage. If one has a monthly spending deficit, it implies the expenses are more than the income. A deficit arises when the budgeted expenditure is more than the income.
A deficit contrasts with a surplus, which is a situation when one has more money than the planned expenses. In a surplus, one has an excess of money, but in a deficit, one has insufficient amounts to meet all expenses.
