Answer:
correct option is b. $200,000
Explanation:
given data
Intercept = 40,000
Slope = 20
machine hours X = 8000
to find out
what is the predicted cost of equipment maintenance for April
solution
we will use here least square equation that will be
Y = intercept + Slope × X ............................1
here Y is cost of maintenance and X is maintenance hours
so put here value we get from equation 1
Y = 40000 + ( 20 ×
8000 )
Y = 40000 + 160000
Y = 200000
so predicted cost of equipment maintenance for April is 200000
correct option is b. $200,000
You can use excel to create one
Answer:
Marginal Product:
The marginal product of an input that is being used in the production process of a good or services is the extra output generated by using the extra unit of that input. Alternatively, the marginal product is the output generated by the last unit of the input added only.
Explanation:
- Diminishing marginal returns means that as you adds more units of that input, the marginal product declines. That is, each additional of extra unit of the input results in decreased and less additional output. For example, the marginal product of labor usually decreases as the amount of labor increases because there is a fixed amount of capital used in the short run, so when labor increases, the capital per unit of labor decreases, which results in each and every extra working being less productive than the previous one.
-
Dis-economies of scale, whereas, results in an increase in the average cost of production as the number of units increases. That's why diminishing marginal returns refers to production, and dis-economies of scale refers to the average cost. Dis-economies of scale often happened because the production levels get high, there is less management on each employee, resulting in each employee having less motivation to work as hard due to lack of production making it hard to notice that change.So, it may results in the average worker's productivity decreasing, causing the per-unit cost to rise.
Answer:
true
Explanation:
employees play a significant role in the success of a service based business because they build an atmosphere of trust , confidence and loyalty among the customer by interacting with the customer while the service is being provided.
C. balance sheets
explanation:
