Answer:
$1.75 and $4,500
Explanation:
The computation of the fixed cost and the variable cost per unit by using high low method is shown below:
Variable cost per unit = (High total cost - low total cost) ÷ (High unit produced - low unit produced)
= ($74,500 - $36,000) ÷ (40,000 units - 18,000 units )
= $38,500 ÷ 22,000 units
= $1.75 per unit
Now the fixed cost equal to
= High total cost - (High units produced × Variable cost per unit)
= $74,500 - (40,000 units × $1.75)
= $74,500 - $70,000
= $4,500
We simply applied the above formulas
The correct designing principles that will be implemented to create the brochure will be Contrast and Repetition.
In the question, it is stated that a brochure has to be made for the business. The brochure will be designed such that the text will be in black color, the section headings will be blue, etc. In order to create such a brochure, the Designing principles will include Contrast and Repetition.
Contrasting and Repetition are based on making people visualize and highlight the key points of the brochure. It is basically based upon creating a contrasting difference between and highlighting the important key points in the brochure.
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A long-term loan usually has lower interest rate
The answer is the 'A' option. That is the Lorenz curve.
A Lorenz curve is a graph that shows how wealth or income is distributed among a population.
Lorenz curves plot population percentiles against the total wealth or income of those who fall inside that percentile or above it.
For the purpose of assessing inequality within a population, Lorenz curves and the statistics derived from them are frequently utilized.
Lorenz curves are mathematical estimates for measuring true inequality since they are based on fitting a continuous curve to partial and discontinuous data.
Hence, The degree of inequality in the distribution of income in an economy is depicted in a Lorenz curve.
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Answer:
When any company wants to sale their product without prior knowledge of the market then it's a disaster.
First thing Jack can do is "Test Marketing". If any company has no knowledge of market then fastest way to know your market is test marketing. Jack must put his sweaters in small quantity for sale at different locations. Test marketing needs to be done for whole week. Jack needs to collect the feedback from its customers too. Feedback is the way jack can know the market. Without knowing the market and customers, it's really hard to market or sale your product. Feedback from test marketing activity will actually give him market knowledge and customer's feedback.
