It shows the max possible output combinations of two goods or services an economy can get when all the resources are efficiently and fully used.
Answer: BruceCo would have to sell 220 backpacks
Explanation: The projection of a $10,000 profit can be calculated properly by the equation;
Revenue - Cost = Profit
There is a one-time set up charge of 1000 and this is a fixed cost (as it does not change regardless of how many units they eventually sell). Also they would be spending $30 to buy each unit and still spend $20 to customize each. So each unit would cost $50 to acquire. If they plan on selling each unit at the rate of $100, then the total revenue would be 100 times X (where X is the number of units sold). Therefore the profit can be better projected by the equation;
Revenue - Cost = Profit
100X - (50X + 1000) = 10000
100X -50X - 1000 = 10000
50X = 10000 + 1000
50X = 11000
Divide both sides of the equation by 50
X = 220
Therefore, BruceCo must sell 220 units (at least) in order to meet a $10,000 profit projection
Answer:
She must be paid overtime
Explanation:
Based on federal and state laws on overtime, hourly employees such as Ella who work more than 40 hours in a single workweek must be paid a higher wage for every hour past 40. overtime rate should be at least one and a half times Ella's regular pay rate.
The Fair Labor Standards Act (FLSA) states that working over 40 hours in a 168 hour period is counted as overtime
Therefore Ella is eligible for an overtime.
Answer: The standard deviation of the stock is 3.23 percentage
Explanation:
First we shall calculate the epected weighted average return of the stock.
We shall multiply the probability of the scenario with its expected return and then take the sum of the expected returns of different scenarios,
E(x) = (0.2 x 14%) + (0.7 x 8%) + (0.1 x 2%)
E(x) = 8.6%
We shall use the follwing formula to calculate the Variance of the stock,
σ²(x) = ∑ P(
) × [ - E(r)]²
σ²(x) = (0.2) (0.14 - 0.086)² + (0.7) (0.08 - 0.086)² + (0.1) (0.02 - 0.086)²
σ²(x) = 0.001044
To find the standar deviation,
σ(x) = 
σ(x) = 0.0323109
in percentage it would be 3.23%
The characteristic of value that is represented here is <u>C. Situs.</u>
<h3>What is Situs?</h3>
Situs refers to the location of the property in legal terms. The location of an asset adds or subtracts value from the property. Some properties are located in urban areas where the demand is much more than in suburbs or rural areas. Such properties attract equivalent values based on their locations.
<h3>Answer Options:</h3>
A. Scarcity
B. Nolo Contendere
C. Situs
D. Caveat Emptor
Thus, the characteristic of value represented in this scenario is not scarcity, nolo contendere, or caveat emptor, but <u>Option C. Situs.</u>
Learn more about the location of a real estate at brainly.com/question/26010601
