Q: Given Monthly rent 25,000 Monthly Salary/employee 10,000 Market price of slippers 520 Total units…
A: Given, Monthly rent = 25,000Monthly Salary/employee = 10,000Market price of slippers = 520Total…
Q: There is an economic impact to losing a customer. Describe 4 ways it can impact a company and if…
A: An person or corporation that purchases products or services from another firm is known as a…
Q: What is the equipment"s the initial cost?
A: Cost of product: The cost of a product refers to the actual amount that is spent to manufacture it.…
Q: What are Inventory costs?
A: The cost to hold inventories or order inventories are known as the inventory cost. This cost is…
Q: costs
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: Write down the problem the car manufacturer solves to find the levels of 'K' and 'L' that minimize…
A:
Q: computation and give illustration through diagram • Behavior of Variable and Fixed Cost • Marginal…
A: Cost is the expense incurred to any business to produce any good or services. Th cost can be broadly…
Q: What do the Raw-mat materials inventory represent?
A: Inventory of raw materials is the overall cost of all component parts currently in storage which…
Q: show solution
A: The cost is the expenditure that is incurred in the production of goods and services. The cost is…
Q: What are the effects of cost reduction ?
A: Answer - Cost of Reduction - Cost of reduction is method to increase productivity and reduce the…
Q: "Costs do not affect the market price" is this statement right or wrong? Show your work
A: Answer: According to a prior research of price determination in the market age, production expenses…
Q: What factors affect transaction costs?
A: In a market, transaction cost arises when there is a third party involved in a specific transaction,…
Q: What is the manufacturer's main problem?
A: A manufacturing system can be described as a combination of machinery, humans, and equipment bound…
Q: You just received your midterm exam results andyour professor wrote the following note: “Youreceived…
A: In economics, positive statements are those that are objective as well as testable in nature. Such…
Q: What is the purpose of a manufacturing or a service business?
A: Manufacturing business includes transforming the inputs into finished goods.
Q: Classify the Costs for Manufacturing Environments?
A: The classification cost for manufacturing environments is categorized with respect to nature is…
Q: What are the different types of costs?
A: Cost is the amount that has to spend for obtaining something. There are different types of costs;…
Q: why supplier is important for any organisations?
A: A supplier is an individual or a firm that provides a good or service to another economic activity…
Q: Price and cost (dollars)
A: When there is only one seller and many buyers of a product or service, the market structure is a…
Q: Y = C + / + G.
A: When the government sector is included in the income-expenditure model, the equation for aggregate…
Q: Give 10 examples of production (manufacturing costs)
A: Manufacturing costs are the costs that are incurred during the production process of a particular…
Q: Accounting and economic cost Economic cost
A: Accounting Cost = Accounting costs measure the financial value of taking an action. They are the…
Q: Do consumer behavior strategic recommendations- Words Required: 600
A: Consumer is a person or an individual who buys goods and services at a common price. It is the price…
Q: What us software
A: Computer refers to the machine which is given instructions by the user in a sequence of logical…
Q: Distinguish between product costs and period costs?
A: The cost incurred after the product is sold is refers to period cost, which includes shipping cost,…
Q: Many individuals learn more about the car they are thinking of buying than about the candidates…
A: People are perplexed when they go car shopping because they believe they are purchasing a vehicle…
Q: Profits for Mia's chocolate shop is $2300 Total revenue generated is $4100 Find the value of…
A: The information being given is:- Profit for chocolate shop = $2300 Total revenue = $4100 We have to…
Q: recycler to open up a plant in town. How many days per week should the county open each center to…
A: The equations are as follows: min C = 40x+50ySubject to constraints:140x+100y≥1540or…
Q: Give action words that Best describe farming starting with the letter found in the word f-a-r-m.
A: F - Feed, Fertility, Fertiliser, Farmland A - Afforestation, Arable, Agrochemical R - Ranch, Reap,…
Q: How might productivity be measured in a dry cleaners?
A: Organizations should measure and evaluate their productivity levels to know how are they utilizing…
Q: What are the various types of manufacturing costs?
A: There are 4 types of manufacturing cost : 1. Direct Material Cost Direct Material Cost is a cost of…
Q: average product of labor
A: Average product of labor (APL) depicts the divide of production function to labor units employed.…
Q: What is the cost basis of an asset?
A: The original value of an asset which is often the purchase price is called Cost basis. It is…
Q: will a supplier be able to reduce its cost structure through additional volume?
A: Yes, a supplier or producer will able to reduce its cost structure through additional volume. But it…
Q: Write the advantages and disadvantages of Cost benefits.
A: The cost-benefit analysis is a tool that is used to calculate benefit which can be gained after…
Q: Explain the major tasks faced by service companies.
A: Problems faced by service companies:- 1) Business development is a critical technique not only for…
Q: Ima New is a recent employee who initially requires 20 minutes to complete a job task. If she…
A: Job: It refers to the work which an employee has to do or the work which is assigned to him has to…
Q: ment I lelhat as Cost Of producton.
A: The production involves producing the various goods and services. The production process would…
Q: what is the marginal cost of the third unit?
A: Ans. 1.15 Marginal Cost is defined as the change in the total production cost that is generated from…
Q: What is the marginal cost of producing an additional unit:
A: Definition of Marginal cost.Marginal cost refers to the additional cost incurred by a producer or a…
Q: what are fundamental factors considered when making decisions to achieve various goals of a firm
A: Decision making is a cognitive process of selection of best choice of decision among numbers of…
Q: When can a business owner be earning a profit but not covering costs?
A: Economic profit refers to the profit that obtained by deducting the implicit cost or opportunity…
Q: 1. Use an example , example explain the production process.
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: that must be incurred to plan and take the trip. Which of these are transaction costs for the…
A: Any cost associated with completing an economic transaction is referred to as a transaction cost.…
Give some specific examples of Product Costs?
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