Answer
Sheridan should buy because doing so would save it $5900
Explanation
To determine the right course of action we will consider the relevant cost of making and buying
The relevant cost of making $
Variable cost ( 18 × 5,900 106200
Fixed cost (3× 5,900) <u> 17700
</u>
Total cost <u> 123,900</u>
Relevant of buying (20 × 5,900 ) = 118,000
Saving in cost by buying = 123,900 -118,000 =$5900
Answer:
Galileo devised a method that exhibits some provocative similarities to, and differences from, a Rasch approach to instrument design: Viewed as a whole, Galileo's method then can be analyzed into three steps, intuition or resolution, demonstration, and experiment; using in each case his own favorite terms.
Answer:
Human Relations Management Theory
Explanation:
The Human Relations Management Theory believes that employees should be inspired, motivated and engaged in order to increase workplace productivity.
Below are management skills involved in engagements and motivation of personnel:
Effective Communication: Employers should have communications that are clear, concise , correct, and courteous
Creating A Culture Of Empathy: Employers can motivate employees by listening to them through open interactive employee engagement sessions.
Answer:
multiplier effect
Explanation:
Based on the information provided within the question it can be said that this sequence of events illustrates the concept of a multiplier effect. In the context of economy, this effect demonstrates the increase in national income and consumption when an economy experiences an increase in spending. Such as is demonstrated in the scenario, as the government buys the weapons it causes a chain of spending which allows money to flow and reach employees who receive that money as income and also spend more.
Answer:
increase
increase
Explanation:
Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.
Discretionary fiscal policies can either be expansionary or contractionary
Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
Expansionary fiscal policies increases money supply which increases aggregate demand, as a result output or real GDP increases
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes
