Answer:133333 units
Explanation:
Given
For First machine
Setup cost=$ 1100
unit cost =$ 0.006
For new machine
Setup cost=$ 1700
unit cost=$ 0.0015
Let x units be manufactured .
for Break even point
First machine manufacturing cost=New machine manufacturing cost
1100+(0.0060)x=1700+(0.0015)x
(0.0045)x=600
<span>Prime lending rates are lower than subprime lending rates and are commonly offered to people with good credit scores.
A prime lending rate is a rate used by a bank that is typically used in favor of "good" customers. These people tend to have great credit so they get a larger amount approved but at a lower interest rate than subprime. Subprime interests rates are higher because they are typically given out to those with poor credit history. </span>
Answer:
Space layout and function
Explanation:
The three dimensions of servicescape include:
- Ambient conditions: air quality, room temperature, smell, music, lighting, etc.
- Space layout and function: how equipment and furniture are laid out and arranged.
- Signs, symbols and artifacts: corporate logos, decoration styles (including color), signs, etc.
When interest rates are high, then the consumers have a greater incentive to save more, but when interest rates are low, consumer have a greater incentive to borrow more.
<h3>What is Interest Rate? </h3>
This refers to the charge which is given for a particular loan which is replayed after a certain time.
With this in mind, high interest rates are not appealing to customers so they rather save and then borrow when the interest rates are low.
Read more about interest rates here:
