Answer: The parliament is likely to allocate £ 1,23,93,800.62
We arrive at the answer as follows:
Amount allocated by President Obama $100,000,000
Amount England wants to contribute 20% of President Obama's allocation
Amount England wants to contribute in USD =
Exchange Rate $1. 61371/1 pound sterling
We can read the problem as if $1.61371 is equal to 1 pound sterling, how many pound sterlings are equal to $2,00,00,000?
Let number of pound sterlings be x
So,
Answer:
From maintenance to department B will be allocated 85,333 dollars
Explanation:
We distribute maintenance over personnel and operating and then,
we distributed the accumulated in personnel over the operating department:
<em><u>For the given question it would be:</u></em>
total maintenance-hours: 800 + 960 + 640 = 2,400
<u>allocation of maintenance:</u>
320,000 x 640/2400 = 85,333
Answer:
B. 8 lawns per day.
Explanation:
As seen in the graph below, The AVC and ATC curves intersect the MC curve at the minimum of the MC curve. The marginal cost curve intersects the AVC curve to the right of the minimum of the AVC curve. It also intersects the ATC curve to the right of the minimum of the ATC curve. At first, marginal cost decreases with additional output, but then it increases with additional output. The firm’s profit-maximizing level of output will occur where MR = MC (or at a level close to that point).
Therefore, from the graph; at $16 per lawn, the maximum profit = 8 lawns per day.
