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3 years ago

What is the custom for running for a seat in the House?

1 answer:

3 0

I think the Constitution provides that the total number of seats in the House shall be distributed among the States on the basis of their respective populations.

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Hey wassup I'm lowkey bored y'all wanna do sum?

Zielflug [23.3K]

Answer:

Lol

Explanation:

What cha doing?

8 0

3 years ago

Read 2 more answers

Big John’s manufacturing currently produces its lead product on a machine that has a variable cost of 0.32 per unit and a fixed

Greeley [361]

Answer:

The indifference point is 1,875,000 units.

Because the current machine has lower fixed costs, it has a lower cost from 0 units to 1,874,999. From 1,875,001 the new machine is more convenient,

Explanation:

Giving the following information:

Current machine:

Total cost= 75,000 + 0.32x

New machine:

Total cost= 150,000 + 0.28x

To find the indifference point, we need to equal the cost functions and isolate x (number of units)

75,000 + 0.32x = 150,000 + 0.28x

0.04x= 75,000

x= 1,875,000

The indifference point is 1,875,000 units.

Because the current machine has lower fixed costs, it has a lower cost from 0 units to 1,874,999. From 1,875,001 the new machine is more convenient.

6 0

3 years ago

Peter Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses

marissa [1.9K]

Answer:

1. Hourly Direct Labor Cost rate = Direct Labor cost / Direct Labor hours

Hourly Direct Labor Cost rate = 2,500,000 / 25,000

Hourly Direct Labor Cost rate = $100 per hour

Computation of Indirect cost

Office Rent $320,000

Support staff salaries $1,260,000

Utilities $420,000

Total Indirect Costs $2,000,000

Predetermined indirect cost allocation rate = = Total Estimated indirect cost / Total estimated direct labor cost = 2,000,000 / 2,500,000 = 80% of Direct Cost

2. Direct Labor $25,000 (250 * 100)

Indirect Cost $20,000 (25,000 * 80%)

Total Predicted cost $45,000

3. Predicted cost $45,000

Desired Profit $22,500 (50% of $45,000)

Required Service revenue $67,500

4 0

3 years ago

Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this pr

d1i1m1o1n [39]

An inner tube for a swimming pool would be in high demand during the summer months, and in incredibly low demand in the winter months.

7 0

3 years ago

"Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quan

Anastaziya [24]

Answer:

Law of demand

Explanation:

Indeed, the law of demand is that the price and quantity demanded are inversely related. Ceteris paribus, the economist say. It is a latin expression that means "other things equal".

As the resources are, per definition, scarce, the consumers, ecomomic agents who buy the products, need to allocate the money among the different goods and services that the market puts at their disposal.

And they allocate the resources in a intelligent way: they "calculate" the utility of each product considering the cost. If the price increase, the ratio of utility to cost decreases and the consumer will diminish the quantity demanded for that good. If the price decrases, the utility to cost ratio increases and the quantity demanded will increase.

7 0

3 years ago