Answer: C. $250
Explanation: fixed cost are cost which do not change even when other factors Change. Example of fixed cost is ‘rent’ even if the employees increase up to a 100 this variable won't affect the cost of rent which is $250. Unlike salary that increases with an increase in workers.
Labour cost per day of hiring two workers = $80 x 2 = $160
Total cost per day when three
workers are hires. This includes both the fixed cost and labour cost
Total Cost = fixed cost + labor cost
= $250 + $80 x 3
= $490.
Answer:
The correct option is the last one,6.8 years
Explanation:
The payback period is the length of time it takes for an investor to realize the initial investment in a project,in simple terms, it is the time horizon wherein the project pays back the capital investment locked in it.
After the payback period,the project begins with return on investment phase,a phase where cash flows received are excess over and above the initial capital outlay.
Payback=initial investment/annual cash inflow
initial investment is $560,000
annual net cash flow is $82,000
payback period=$560,000/$82,000=6.8 years
Consumers influence the decisions of producers c) through the purchasing decisions they make.
Answer:
They all value observation and organizing information and data.
Explanation:
Architects, carpenters, and building inspectors tend to be perfectionists that strive to achieve perfection, by gathering information and data.
Answer:
Option C) 1537
Explanation:
We are given the following in the question:
Population standard deviation = $5000
95% confidence interval width = $500
Thus, margin of error = $250
Formula for margin of error =
Putting values, we get,
Thus, the correct answer is
Option C) 1537
