Answer:
Effectiveness = 0.75
Explanation:
Availability time for a each day = 10 hr = 600 minutes
Total time for fabricating is given as 90 minutes'
Total time to set up one part 10 minutes
Total parts made in each single day 5
Percentage of defective part 10%
Total production time for a single part = setup time + fabricated time
= 10+ 90 = 100 min
Production time for 5 part =5 × 100 = 500 minutes
Total number of defective parts = 10% of 5 = 0.5 parts
Time to replaced defective = 0.5 × 100 = 50 min
Value added time = 500 - 50 = 450 min
Effectiveness is given as
Effectiveness 
Effectiveness 
On a company's balance sheet, accounts receivable is
naturally stated as "accounts receivable, net." Meaning, accounts
receivable minus the value of the allowance for
doubtful or uncollectible accounts is equals to net
realizable value. So for the problem, $28,000 - $3450 = $24,550 is the NRV.
Answer:
The correct answer is option C.
Explanation:
`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.
If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.
Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.
