Answer : Andrew Carnegie and John Rockefeller.
Andrew Carnegie owned and operated the largest iron and steel company in the United States.
John.D. Rockefeller is credited with establishing the oil industry in the United States. His astuteness, efficiency and clear vision helped him to steer through the glut in oil drilling in the early 1860s and establish the oil industry.
<span>Potential sources of error for bmi come from measurement errors. BMI is calculated by your height and weight. If the height is calculated by seeing how tall you are and measured by inches. If you are not standing straight and slouch you height measurement is not accurate. Weight is measured on a scale in pounds. One must remove clothes to get an accurate weight. If any of these measurements are off, the bmi will not correct.</span>
Answer:
minimum transfer price $12
Explanation:
The minimum transfer price should be the cost to produce the additional units to transfer. AKA <em>marginal cost</em>
In this case, the division faces $12 of variable cost to produce a single unit.
As long as the units to transfer are within the relevant range of the current capacity the fixed cost are irrelevant for the transfer price as these are sunk cost (already incurred)
Answer:
Heterogeneous-shopping products(Shopping product)
Explanation:
Products can simply be said to be services, events, places, ideas, person e.t.c.
There are four types of consumer product classes namely:convenience, shopping, speciality and unsought.
Shopping products are homogeneous and heterogeneous in nature.
Homogeneous shopping products usually need enough exposure to facilitate price comparison; they differs in style, comparison, quality and price sensitivity is high e.g housing.
Answer:
For the students of the college, the visual appearance of the campus is non-rival and non-excludable
The benefit of the beatification initiative, as suggested by the survey, is $3,390. Because the estimated benefit is less than the cost, the college administrators should not undertake the beautification initiative.
Explanation:
non-rival and non-excludable
This means that everyone benefits from the remodel equally and people who do not pay for it will still enjoy their benefits.
$3,390
The benefit is found by multiplying the average benefit for each person surveyed by the number of people surveyed, which is $11.3 X 300 = $3,390.
The college should not complete the project because the marginal cost: $4,400 is more than the marginal benefit: $3,390.
