Evaluating your data involves examining it in terms of reliability, relevance, expertise, adaptability, and biases.
1 answer:
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Answer: a. This is all the cost associated with production of an item.
B. This is the relationship between physical input and quantities of output q=f(l, k).
C. This the price of a product below the equilibrium price.
D.difference between marginal feel accepted by producer for a product and how much can be received for selling at market price.
E. This is a table showing different quantity demand at different prices.
F. A movement along a demand curve occurs when a change in demand occurs because of change in price.
G. Direct payment injured while running a business that is wages, rent and materials.
H. These are new invention made by people in art, science, literature.
I. This is when total revenue balances with the total cost of carrying out production in a competitive market.
J. This is when a small change in product price cause large change in quantity of production of item.
K. Difference between revenues accrued from sales and cost of all inputs used with opportunity cost.
L. Difference between total monetary revenue and total monetary cost.
Explanation:the graphs attached gives the thorough explanation of a, b, c, d, e
G. Examples of intellectual property are trademarks, copyright and trademark secret.
L. The Answer: a. This is all the cost associated with production of an item.
B.q=f(l, k)
Answer:
<u>Depreciation expense per year</u>
Year 1 = $1200
Year 2 = $800
Year 3 = $600
Year 4 = $300
Year 5 = $100
Explanation:
To determine the depreciation expense under the units of production/activity method of charging depreciation, we will first calculate the depreciation expense per unit and then multiply it with the units of production in each year to calculate the depreciation expense for that year.
The formula for depreciation under this method is attached.
Depreciation per unit = (3000 - 0) / 30000 = $0.1 per copy
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<u>Depreciation expense per year</u>
Year 1 = 0.1 * 12000 = $1200
Year 2 = 0.1 * 8000 = $800
Year 3 = 0.1 * 6000 = $600
Year 4 = 0.1 * 3000 = $300
Year 5 = 0.1 * 1000 = $100
Answer:
14 truck and 1 suv produce 21,800 profit
Explanation:
We have to solve for the contribution margin considering the constraing resourse which, is the ordering cost:
The card models revenue is calcualted using the net realizable value for each card, which is their sales price less the 5% sales commission.
Then we solve for how many truck will it purchase:
300,000 / 19,000 = 15,78
So the company will purchase 15 trucks
giving 15 x 1,425 = 21,375
This will require 2.5 x 15 = 37.5 hours thus 5 sales man (40 labor)
This creates 2.5 hours unsured
and also 300,000 - 15,000 x 19,000 = 15,000 dollar which are not productive
So, we will try to make a better use to purchase the SUV which is the second best option instead of the 15th truck:
giving 14 x 1,425 + 1350 = 21,300
we subtract the 500 dollar of sales man and get a 21,800 profit
with less unproductive dollar. So this will be the answer