Answer:
Yes
Explanation:
The analysis will need to compare all categories of cost.
It will calculate the difference in cost for each category and then add them for the total difference. That way, the company know which alternative is better.
AlternativeA Alernative B Diffence
Direc Materials 40 56 -16
Processing Cost 37 37 0
Equipment Rental 13 13 0
Occupancy Cost 15 22 -7
105 128 -23
To solve for the consumer surplus, the formula is;
Consumer surplus = total value – actual value
If jena is willing to pay for $75 then = $75 – $65 = $10
If Jane on the other hand is willing to pay for $85 then =
$85 - $65 = $20
To combine the amount of Jena and Jane to be able to get
both of their consumer surplus,
= $10 + $20 = $30
The combined amount of consumer surplus of Jena and Jane is
$30.
Answer:
B. Batch-level activity
Explanation:
A purchase order is is document issued by a seller to a buyer that indicates types, quantities, and agreed prices of products to be delivered. It is used to discourage purchase of product from other users.
Purchase order is a legally binding document. It provides a better way to keep track of inventory and payment for goods and services.
It is a batch level activity because it involves sale of large batches of products.
Answer:
The correct answer is option b.
Explanation:
The nominal GDP is a measure of economic growth. It shows the quantity of final goods produced in an economy at the current market prices. It is not inflation adjusted and thus includes fluctuations in price level.
The real GDP on the other hand is exclusive of inflation. IT is a inflation adjusted measure and measures the growth in economic output at constant prices.
So, the basic difference between the two is that nominal GDP is based on current prices, while real GDP is based on constant prices.
Answer:
The median or mode
Explanation:
The median, mean, and mode are the most common measures of central tendency.
From the question, five homes were recently sold in Oxnard Acres. Four of the homes sold for $400,000, while the fifth home sold for $2.5 million. The data should look like this: (let a, b, c, and d, represent the four homes that sold for $400,000, and let e, represent the fifth home sold for $2.5 million). So, a + b + c + d = $400,000.
e = $2.5 million
Now, since the measure of central tendency is the center point or typical value of a dataset, the median can be used to measure central tendency from the data set above. The median is the middle, value when the dataset is arranged from the least value to the highest value, which also depends on if the dataset has an even or odd number of values. While the mode is that value that appears most. Ordinal data, which has no standard scale on which the difference in value in the dataset is measured are best measured using median or mode.