Although she hates the work, [ Jessica has spent most weekends and the last three summers as a shortorder cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a Riding stable. ]
In short the answer is D. Riding stable
A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange
The statement which states that If the Federal Reserve's wishes for the <em>federal funds rate</em> to be permanently at the target level, then the <em>appropriate policy</em> for the Federal Reserve is to take a defensive open market purchase, is TRUE.
Based on the given question, we can see that an open market operation refers to the way the federal government makes the federal funds rate to change buy making the loans more easily obtainable.
With this in mind, if they wish for the federal funds rate to be <em>permanently </em>at the target level, then they would have to take a defensive position by increasing the reserves through buying of securities so that <em>economic activity</em> would be stabilised.
Read more about open market operations here:
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Answer: (C) Level production planning strategy
Explanation:
The level production planning is one of the type of strategy that is used for maintaining the steady rate of the production and also the level of the steady employment. This type of strategy helps for satisfying the demand of the customer.
The production planning strategy basically varying the inventory level for maintaining the production level in the given period of time. It is produced the constant output and also maintaining the stable work environment.
Therefore, Option (C) is correct.
Answer:
Break-even point= 110,000 units
Explanation:
Giving the following information:
Kelly Company sells its only product for $200 per unit. It has variable costs of $90 per unit. Annual fixed operating costs amount to $12,100,000.
To calculate the break-even point in units, we need to use the following formula:
Break-even point= fixed costs/ contribution margin
Break-even point= 12,100,000/ (200 - 90)= 110,000 units