Market economy and free enterprise
<span>When an inspection is conducted in your workplace, you have certain rights. </span>Have a worker representative accompany an inspector on an inspection, find out about inspection results and abatement measures, and object to the date set for a violation to be corrected. If an OSHA inspection is conducted in your workplace, you have the right to have your representative accompany the inspector on the inspection. You also have the right to talk to the inspector privately. You also have the right to find out about inspection results and abatement measures, and get involved in any meetings or hearings related to the inspection. You may also object to the date set for the violation to be corrected and be notified if the employer files a contest.
Answer:
Net operating income= 31,300
Explanation:
Giving the following information:
Static Budget:
Units= 9,000
Selling price per unit= $5
Variable Costs per unit= $1.50
Fixed Costs= 3,000
We need to determine the operating income if 9,800 units were sold:
Sales= (9,800*5)= 49,000
Total variable costs= (9,800*1.5)= (14,700)
Contribution margin= 34,300
Fixed costs= (3,000)
Net operating income= 31,300
Answer:
C. 2.2.
Explanation:
Mid point elasticity is calculated as follows:
<em>% change in qty supplied/ % change in price</em>
<em />
<em>% change in qty supplied</em>
= (600-400)/(600+400)/2
= 0.4
<em> % change in price </em>
= (12 -10)/(12+10)/2
= 0.181
Mid point elasticity
= 0.4/0.18
=2.2
In increase in prices makes less people want to buy
