Answer:
variable cost per unit = 46
fixed cost 188680
Explanation:
The high-low method consist in compare each frame to get the variable and fixed components
5440 high
2040 low
3400 difference
437920 high
281520 low
156400 difference
variable cost =15600/3400
variable cost = 46
the reasoning is that the additional 3400 units generated that cost.
Now:
we múltiple by the units by the production and get total variable
46 * 2040 = 93840 total variable
lastly total cost - total variable = fixed
281520 - 93840 = 188680
True they belong to the bracket of unemployed citizens and are dependent on the working force or are consuming their savings
(d.) ECONOMIES OF SCALE
Economies of scale is achieved when the average goods and services decrease whereas the volume of the goods and services increases.
Diseconomies of scale is achieved when the average unit cost of goods and services increases with the increase in the volume of goods and services.
Answer:
1 EUR = 120 JPY
Explanation:
As the purchasing power parity theory, the exchange rate of currency 1 to currency 2 = Cost of good in currency 1
/ cost of same valued item in currency 2
In this case, a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value, then the exchange rate between the yen and the euro
= price of Lexus in Tokyo/ price of Mercedes in Stuttgart
= 6,000,000 JPY/ 50,000 EUR
= 120 JPY/EUR
Answer:
The correct answer is rationalization.
Explanation:
The concept of rationalization was given by Max Weber. According to him, rationalization is a process through which modern society is getting more and more concerned towards efficiency and predictability.
Efficiency can be defined as getting maximum results from minimum efforts, or in other words, maximum revenue from incurring minimum costs so as to maximize profits.
In Weber's views, this economic principle is now being increasingly involved in the day to day life.
