Answer:
B. Quality
Explanation:
Quality of goods and services rendered by a supplier could be affected by government standards as a result of the established methods by the government. <em>For example, meat supplier has to abide to government standards when supplying to markets and retail sellers.</em>
Answer:
A. the iso-quant line is tangent to the iso-cost line.
Explanation:
Cost minimization refers to the decrease in level of cost of production for certain specified level of production.
Iso quant line represents the labor and capital combinations keeping the total cost same. The least combination represents the tangent to isoquant, basically representing the idle choice of labor and capital.
In this manner the company chooses the idle way of cost minimization.
Good customer service might be the answer
Answer:
Luke's net tax due or refund is $2,900
Explanation:
In order to calculate Luke's net tax due or refund we would have to make the following calculation:
Luke's net tax due or refund=Luke's non refundable credit+income taxes withheld from his salary
Luke's non refundable credit=non refundable personal tax credit-gross tax liability
Luke's non refundable credit=$2,400-$1,800
Luke's non refundable credit=$600
Therefore, Luke's net tax due or refund=$600+$2,300
Luke's net tax due or refund=$2,900
Luke's net tax due or refund is $2,900
Answer:
An increased of $18,000
Explanation:
$15 per units
Variable costs $6
Increased in unit sold $2,000
Therefore;
(15-6)=9
9×2,000= $18,000
