<span>So when we are determining the production possibilities curve, the amount of productive resource remain constant or at least an assumption is made that the amount of resources is fixed while deriving the curve. This is done that way because to avoid fluctuations in the curve while analyzing the curve.</span>
Answer:
14.83%
Explanation:
Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly.What percent of her net monthly income does she budget for annual expenses?
$1820 semimonthly = 1820 x 2 monthly = $3,640
Annual expenses budget = $54
Percentage of her net monthly income budgeted for annual expenses = (54 / 3, 640) x 100 = 14.83%
This is called Full Employment or sometimes referred to as “economic peak”.
Do you have answer choices?
Answer with Explanation:
When it comes to planning, particularly, for a retail store such as the "Goodwill store" in the situation above, it is important to consider some steps. These steps will enlighten the members, especially the Store Manager on the comparative advantage of what they are selling.
Once the goal of the group has been set, they should consider doing an audit of the situation. This will allow the group to have some options which they can consider. This will enable them to set-up the merchandises that they will be selling and also know about pricing strategies. Next is to identify the strategic opportunities and the alternatives. The opportunities are events which will give the store an advantage in the future. They should also analyze their<em> financial options (alternatives). </em>This will give the store direction and a greater chance of achieving the goals.
Once the resources are well-allocated, the strategies may now be implemented.
Beak-even point (BEP) in business is the point at which total cost and total revenue are equal. There is no net gain or loss, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
The formula for break-even is given by:
BEP=(Fixed Costs)/(Sales Price per Unit-Variable Cost per Unit)
From the above formula we can conclude that:
When Fixed costs reduces, the BEP decreases. Therefore the answer is [a]
