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ycow [4]
3 years ago
7

What are some consideration that must taken into account to evaluating economics model

Business
1 answer:
kolbaska11 [484]3 years ago
7 0
Some considerations that must be taken to evaluate economics model are :

- How the Land is currenly managed and things that will happen if we continue the practice

- What improvements in management practices are possible in present use?

- Other uses that are possible and economically and socially relevant

- Which models offer possibilities of sustained production or other benefits

- What adverse effects, physical, economic or social, are associated with each use?

-will the current input will fulfill current desired production results ?

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A group of 10 pineapple pickers can pick 240 pineapples in an hour. When one more pineapple picker is added to the group, they c
photoshop1234 [79]

Answer:

30 pineapples

Explanation:

The computation of the marginal product of the 11th pineapple picker is shown below:

= 11 pineapple - 10 pineapple

= 270 pineapples - 240 pineapples

= 30 pineapples

Hence, the marginal product of the 11th pineapple picker is 30 pineapples

We simply applied the above formula so that the correct value could come

4 0
2 years ago
Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa management believes that a new mod
lys-0071 [83]

Answer:

$126

Explanation:

We can calculate the amount Mira can pay for the synthetic material per unit (refrigerator) and meet its profitability goal by deducting the estimated profit and then all the cost from the selling price per unit.

Selling price per unit                                        $260

Less

estimated return (260x30%) =                    ($78)

Labor costs                                                    ($32)

Overhead costs                                            ($24)

Material                                                              $126      

Amount Mira can pay for Synthetic material per unit is $126

               

6 0
3 years ago
If GDP is $15 trillion, how many years will it take for GDP to increase to $30 trillion if annual growth is 2 percent
Varvara68 [4.7K]
Y = original value • growth ^(time/period of growth)

30000000000000 = 15000000000000 • (1+0.02)^(x/1)

Divide both sides by 15 trillion

2 = (1.02)^(x)

take logarithm of both sides

log2 = log1.02^x

Bring x down using log law

log2 = xlog1.02

Divide both sides by log1.02

x = 35

35 years

8 0
2 years ago
Business ethics: Results in a set of correct decisions made by a company Refers to a standard of business conduct Can improve bu
Firlakuza [10]

Answer:

The answer is: Refers to a standard of business conduct and can improve business decisions

Explanation:

Business ethics are the moral principles and values that guide how a company behaves. It´s a way for distinguishing if something is right or wrong.

Since any business is part of a community (or several communities in case of big corporations) its decisions are judged by the community. Customers don´t tolerate flagrant unethical business behavior, no matter what excuse.

Customers like businesses that show ethical values. That is why some corporations try to present themselves as ecological or caring about their community.  

7 0
3 years ago
24. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can afford is $350. The loan will hav
polet [3.4K]

Answer:

The most expensive car can be afforded is = $17290.89

Explanation:

The down payment of a new car = $4000

The mothly payment (annuity ) = $350

Interest rate on the rate = 12% = 12% / 12 per month.

Now we have to calculate the most expensive car that can be afforded with the finance time of 48 months.  

Below is the calculation:

Present \  value = annuity \times \left [ \frac{1-(1+r)^{-n}}{r} \right ] \\= 350 \times \left [ \frac{1-(1+ 0.01)^{-48}}{0.01} \right ] \\= 13290.89 \\

\text{Total value of car}  = savings +  present \ value \\=  4000 + 13290.89 \\= 17290.89

7 0
3 years ago
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