Metacognition is often referred to ask "knowing about knowing." Metacognition is the awareness or understanding of one's own thought process.
If a shopkeeper starts to sell the new football, their weekly margins would be:
300 x 40 = $12,000
However, the sales of the lower cost footballs will decrease by:
100 x 20 = $2,000 every week
Hence, the total margin we can generate by selling every week by selling the new footballs is:
12,000-2,000 = $10,000
This means the shopkeeper should actually start selling new footballs since their shop will become more profitable
Answer:
Jennings breached the contract
Explanation:
A merchant firm offer is one that is irrevocable, the offeror makes an offer to sell goods within a given time frame and signs off on it.
Even without consideration (acceptance) from the other party, the contract is irrevocable.
A merchant firm offer that does not have a stated time frame rains open for a reasonable time.
In this instance Jennings made a merchant firm offer. Even if Wheeler had not accepted the offer it is irrevocable till June 9.
So by selling the car on May 15 he has breached the contract.
Answer:
B. fixed costs, variable costs, and mixed costs
Explanation:
Mainly there are three types of cost i.e variable cost, fixed cost, and the mixed cost. The variable cost is that cost which is change when the production level change whereas the fixed cost is that cost which remains constant whether production level changes or not
.
The mixed cost is a semi-variable cost which include some part of the fixed cost and some part of the variable cost
So, the variable cost includes indirect material, indirect labor, and factory supplies
The fixed cost includes supervision, taxes, and depreciation expense.
And, the mixed cost includes insurance, utilities, etc.
Given:
Initial Investment = 109,296
annual return = 12,000 for 15 years.
Usually the expected rate of return uses rates in percentage form. ERR is calculated by taking the average of the probability distribution of all possible <span>returns.
</span>However, based on the given figures, I think the best formula for this would be the accounting rate of return.
ARR = Average Accounting Profit / Average Investment
ARR = 12,000 / 109,296
ARR = 0.10979
ARR = 0.10979 100% = 10.979 or 10.98%
The expected rate of return is 10.98%