Answer:
Machine hours (X) Utility cost
High 2,680 8,100
Low <u> (740)</u> <u> (4,650)</u>
<u> 1,940 </u> <u> 3,450</u>
Variable cost per machine hour
= $3,450/1,940 hours
= $1.7784 per machine hour
Explanation:
Using high and low method, we will obtain the highest activity (machine hours) and the corresponding cost. We will also obtain the lowest activity and the corresponding cost. Thereafter, we will deduct the lowest points from the highest points. Finally, we will divide the difference in cost by the difference in machine hours in order to determine the estimated variable cost per machine hour.
Answer:
(A) 11.3% (B) $430,000
Explanation:
There seems to be an error in the compounding equation written as A(t) = 50,000(1.055)2t.
Compounding the semi annual return, the equation should be
where t is the number of years.
The equation is similar to the first expected that 1.055 is raised to the power of (2t) and not multiplied by it.
(A) Compounding at 5.5% semi-annually, the equivalent annual growth rate is computed as follows.
= 
= 1.113025 - 1
= 0.113025 = 11.3025%
= 11.3% (to the nearest tenth of a percent).
(B) In 20 years, the investment will be worth
(where t=20)
= 
= 
= 50,000 * 8.5133
= $425,665
= $430,000 (to the nearest ten thousand dollars)
Without having the context that you are referring to "maxed out" can mean several things such as a credit card being at the limit and no more credit is available. I will post other examples below of the phrase "maxed out."
Further Explanation:
When a credit card is "maxed out" it means that the cardholder has spent all of the credit line that they have been given. The cardholder will have to pay down their interest and principal on the card to get more credit on the card.
It could also be when someone is "maxed out" with their exercising or lifting. They can't do anymore since they have maxed out at their limit.
Another example of "maxed out" is when a person has reached their limit and can't take anymore of school, work, or even friends.
One last example is "maxed out" on a game. A person who is "maxed out" on a game may of reached the highest level of the game. In a game, it could mean that the amount of supplies that a player can get is "maxed out." The player may have to pay to get more storage or use some items that they may have. They may also have the option to upgrade, depending on the game.
Learn more about maxing out at brainly.com/question/806666
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Answer:
A. Demand shifts to the right, price rises, quantity rises.
Explanation:
In economics demand shifts as a result of other factors except for price.
In this instance the statement by the surgeon general on how hats reduce skin cancer will result in a demand shift to the right.
The effect of this is the demand for hats will increase, the prices will also increase. This is illustrated in the attached diagram.
Demand shifts from D1 to D2, price increases from P1 to P2, and quantity increases from Q1 to Q2
