Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
A scale used to weigh produce at a market has markings every<u> 0.1 kg</u>
Measurement for the mass of a dozen apples is correctly reported for this scale<u> </u><u>1.87 </u><u>kg</u>
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<h3>What is produced in the market?</h3>
Farm is a generalized term for many farm-produced crops, including fruits and vegetables (grains, oats, etc.
<h3>Why is it named produce?</h3>
Produce here refers to “fresh fruits and vegetables”. It's the noun understanding of that word, not the verb, and so its stress falls on the first syllable. Therefore the vegetables aisle is the place where such items are found.
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Answer:
maximum income is $900
Explanation:
given data
oil change = $20
per day = 40 customer
increase = $ 2
dailer customers = 2
owner charge = $ 2
to find out
income from the business
solution
we know current income is 40 × 20
current income = $800
we consider here price increase x and income as function y
so y = (20 +2x) × ( 40 - 2x) ........1
y = −4x² + 40x + 800
take derivative and put dy/dx = 0 for maximum
dy/dx = -8x + 40
0 = -8x + 40
x=5
so here from 1
y = (20 +2x) × ( 40 - 2x)
y = (20 +2(5)) × ( 40 - 2(5))
y = 30 × 30
y = 900
so maximum income is $900
Answer and Explanation:
The computation of the payback period for each investment is shown below;
For Option 1
= Initial Investment ÷ Annual Cash Flow
= $280,000 ÷ $134,569
= 2.081 Year
Here Annual cash inflow is
= Net income + Depreciation
= $80,769 + (($280,000 - $11,000) ÷ 5)
= $134,569
For Option-2
= Initial Investment ÷ Annual Cash Flow
= $200,000 ÷ $70,429
= 2.84 Year
Here Annual cash inflow is
= Net income + Depreciation
= $44,000 + (($200,000 - $15,000) ÷ 7)
= $70,429
So here is the answer of the given question above:
In terms of economics, Harber's process takes a huge amount of capital. Initially, the process demands for a very high pressure and this is very expensive to produce. Second, the company would need to establish extremely sturdy pipes and containment vessels to endure the very high pressure, in order to produce this required condition; the building process is very costly as well as the maintenance. Hope this answer helps.