Answer:
400; 800
Explanation:
Contribution:
Product X:
= Selling price - Variable cost
= 100 - 70
= 30,
Product Y:
= Selling price - Variable cost
= 80 - 40
= 40,
Product Z:
= Selling price - Variable cost
= 25 - 20
= 5
Machine hours required :
Product X:
= Machine time per unit × Monthly demand
= 3 × 300
= 900,
Product Y:
= Machine time per unit × Monthly demand
= 2 × 200
= 400,
Product Z:
= Machine time per unit × Monthly demand
= 1 × 500
= 500
Contribution per machine hour:
Product X = Contribution ÷ Machine time per unit
= 30 ÷ 3
= 10,
Product Y = Contribution ÷ Machine time per unit
= 40 ÷ 2
= 20,
Product Z = Contribution ÷ Machine time per unit
= 5 ÷ 1
= 5
It is highest for Y, so produce maximum amount of Y, then X and then Z
Y needs 400 hrs, we are left with 800 hours, so produce 800 hours of X.
If the market for a good that sees its production costs and prices rise is inelastic, the quantity demanded will not change.
<h3>What is inelastic demand?</h3>
A good that has inelastic demand is one that will not see its demand change much when there is a price change.
This means that demand remains more or less the same even if prices rise. Examples of such goods are water and food. The product above will therefore not see its demand change by much.
Find out more on inelastic demand at brainly.com/question/24384825.
Answer:
the government-expenditure multiplier _Is larger than_ the tax multiplier.
Is larger than
Explanation:
Keynesian Cross Model otherwise known as expenditure-output model is used to determine the point where total or aggregate expenditures in the economy are intercept the amount of output produced, i.e equilibrium level of real GDP. In economy, if MPC >0, the government-expenditure multiplier is larger than the tax multiplier.
Answer:
Unrealized gains and losses treatment:
Available for sale - recorded in OCI
Held till maturity - not recognized in financial statements until maturity
Held for Trading - Fair value through profit and loss
Explanation:
There are three categories of financial instruments. Available for Sale AFS, Held for trading HFT and Held till maturity HTM. Financial instruments are classified in these categories and then treatments is according to their classification. IAS 39 and IFRS 9 have provided complete guidelines for the treatment of the financial securities.
Answer:
C
Explanation:
A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.
Changes in US racial patterns have no impact on the marketing of the farmer's wheat, so A is incorrect.
The number of births per year is also irrelevant, as is the general population growth numbers because these do not affect the way the farmer will market his crops, so B and D are incorrect.
Hope this helps!
