Answer:
$0.15 hours per unit
Explanation:
Given that
Direct material cost = $16
Assume Direct labor cost = X
Manufacturing overheads = $18
Profit margin = 20%
Direct labor per hour cost = $28
The computation of direct labor-hour input is shown below:-
Total manufacturing cost = X + $34
Total cost of goods sold = (X + $34) × 1.7 = $66
Direct labor cost per unit
= (X + $34) = $38.82
= $38.82 - $34
= $4.32
Direct labor hours per unit = Direct labor cost per unit ÷ Direct labor per hour cost
= $4.32 ÷ $28
= $0.15 hours per unit
Answer: A technological advancement will result in an outward shift of the production possibility curve.
Explanation:
A production possibility curve (PPC) is a curve that shows the various combinations of the amounts of two goods that can be produced using the given resources and technology. It is a graphical representation that shows all possible output options for two products which can be produced utilizing all factors of production by efficiently utilizing the given resources and time.
A production possibility curve shows several economic concepts like economies of scale, allocative efficiency, productive efficiency, opportunity cost and scarcity.
An outward shift of the production possibility curve means there's an improvement in the economy as more goods are produced with the same inputs. A technology advancement will lead to an outward shift of the production possibility curve. This means that more goods will be produced by using the same amount of inputs.
Answer:C. horizontal merger
Explanation: Horizontal merger is a type of merging of business,it consists of mergers between firms producing similar products and services,it is aimed at increasing the market share and value of the firm buying the other firm. This type of merger helps to make the firm making the purchase have a strong competitive advantage to enable to effectively compete with other firms in the market.
Answer: increase by less than $1000.
Explanation:
It should be noted that when the government levies a $1,000 tax per boat on sellers of boats, then this will lead to the supply curve shifting upward by $1000.
Due to the tax imposed, there'll be an increase in the price that a buyer will pay for the boat. In this case, the buyer and the seller will share the burden of the tax. Hence, there'll be na increase in the price for the boat by less than $1000.
Considering the situation, it is <u>True</u> that a career in the Foreign Services pathway of the Government and Public Administration cluster might be a good fit for Amelia.
<h3>What is the Foreign Services pathway?</h3>
Foreign Services pathway is a department in government public services whose expertise and undertakings are found in U.S. embassies, political and economic analysis, or assisting American citizens overseas.
<h3>Workers in the Foreign Services pathway works in the following places:</h3>
- Embassies
- Consulates
- Diplomatic missions
- Washington, D.C., etc.
Hence, in this case, it is concluded that the correct answer is <u>True</u>.
Learn more about the Careers in Government here: brainly.com/question/646839