Answer:
The resulting UCL value for the line is 0.07. The right answer is d
Explanation:
According to the given data we have the following:
P-bar = Fraction defective = 0.05
Sp = Standard deviation = 0.01
In order to calculate the resulting UCL value for the line we have to use the following formula:
UCL = P-bar + (Z x Sp)
Using standard normal table, for 95% confidence level Z=1.96
Therefore, UCL = 0.05
+(1.96x0.01)=
UCL = 0.0696, Hence UCL=0.07
The resulting UCL value for the line is 0.07
Answer:
Marginal revenue is $2.99
Explanation:
A monopoly is defined as a situation where a single supplier determines the price and amount of a good that will be supplied.
Marginal revenue is defined as the additional revenue that is earned from increased unit of sale of a product.
The initial revenue earned is 100 units* $4= $400.
The present revenue is 101 units* $3.99= $402.99
Therefore the additional revenue is 402.99-400= $2.99
Answer:
The correct answer is option b.
Explanation:
Mathew bakes and sells apple pies. Apple here is used as an input. If the price of apple increases, it means the cost of producing apple pies is increasing as well.
At the given cost the firm will be able to produce fewer apple pies. This will cause a reduction in the supply of apple pies. Consequently, the supply curve will shift to the left.
Media is the organization or entity that would help the fire department with incident scene security, crowd control, and explosives disposal.
Law enforcement is the organization or entity that would support the fire department with incident scene security, crowd control, and explosives disposal. Law enforcement forces respond to emergencies around the clock and operate under a paramilitary command structure. In most traffic situations, officers act alone and are taught to make unilateral command judgments. Fire and rescue services respond to emergencies around the clock and follow a well-defined command structure on the scene. The core constituency of traffic incident management consists of eight key disciplines: law enforcement, fire and rescue, emergency medical, transportation, towing and recovery, hazardous materials cleanup, public safety communications and dispatch, and traffic reporting.
Learn more about Law enforcement here:
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Answer: 39%
Explanation:
From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.
To calculate its profit margin, we have to divide the net income by the net sales. This will be:
= 7605/19500
= 0.39
= 39%