Answer:
The correct answer is letter "B": Utilitarianism.
Explanation:
Utilitarianism is a philosophical doctrine that emphasizes the maximization of the use of goods for the greatest number of people available in a society. The most relevant characters proposing this idea were British philosophers Jeremy Bentham (1748-1832) in "<em>Introduction to the Principles of Morals and Legislation</em>" (1789) and John Stuart Mill (1806-1873) in "<em>Utilitarianism</em>" (1863).
Then, <em>utilitarianism could be implemented to implement cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business.</em>
Answer:
The correct answer is "should continue producing 500 lbs of apples"
Explanation:
(In a perfect market)
When the price is = marginal cost. This means that if you increase your production, the benefits-profits will be the same as if you produce the same quantity.
When the Price > Marginal cost, means that consumers demand more for that good, so the producer has an incentive to increase the supply
When the Price < Marginal cost, means that production is higher than the consumer's demand. This is an incentive to decrease the supply.
For this case, the best option is to continue producing the same quantity of units, 500 lbs of apples.
Answer: c. would increase
Explanation:
Given Data:
Sales of product C90B= $24,080
Variable expense = $6,020
Sales of Product Y45E = $26,660 Variable expenses = $13,330.
Fixed expenses of entire company = $23,200
Therefore:
Contribution Margin: Total Contribution ÷ Total Sales
Product C90B:
= $( 24,080 - 6,020 ) ÷ $24,080 * 100
= 75%
Product Y45E
= $( 26660 - 13330 ) ÷ $26660 * 100
= 50%
Since the contribution margin of product C90B is greater than Y45E, they would be an increase.
True
Because having inventories would mean the following:
1. Holding Inventory avoids loss of sales
2. Holding Inventory gains quantity discount
3. Holding Inventory reduces order cost 4. Achieve efficient production runs by holding inventory
5. Holding Inventory reduces risk of production shortages
Answer:
The question is missing the below options:
$1,333.33
$1,401.49
$1,108.91
$1,282.16
$1,487.06
Monthly payment is $1,401.49 as shown below
Explanation:
In calculating the amount of each monthly payment, PMT formula in excel comes very handy.The formula is stated below:
PMT(rate,nper,pv,-fv)
The rate is the percentage of interest payable on the loan considering that repayment is made monthly, hence the rate in this case 9.2% divided by number of repayments in a year,12
rate=9.2%/12=0.007666667
nper is the number of times repayment would be made, which is calculated as five years multiplied by the number of repayments in a year i.e 5*12=60
pv is the actual amount borrowed , 80%*$84000=$67200
The fv future value is nil
PMT(0.007666667
,60,67200,0)
PMT=$1,401.49
Find attached as well.
