The Chicago plant should run 30 days and the Detroit plant should run 20 days to minimize the price. It can be calculated using formula Price = 4000 x days of operation for Chicago plant + 3000 x days of operation for Detroit plant.
To find the minimum cost or price, we can use the mathematic equation. In this scenario, we use the variable H and D to know how much day that is needed to plant by chicago and detroit.
The objective equation is shown below:
P = 4000H + 3000D
Where,
P = Price
H: days of operation for Chicago plant
D: days of operation for Detroit plant
Minimum requirements for radial tires:
600H + 300D \(\geq\) 24
Minimum requirements for standard tires:
100H + 100D \(\geq\) 5,000
Point 1: H=0, D=80
Point 2: H=30, D=20
Point 2: H=50, D=0
All of the amount above is calculated by assume H or D = 0
To minimize the cost, we can use the point 2
Because the result of price in point 2 is lower than others.
Hence, the Chicago plant should run 30 days and the Detroit plant should run 20 days to minimize the price.
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A state licensing fee on sales of medical devices causes the supply curve for one type of device to shift from S1 (without the fee) to S2 (with the fee). The fee is based on number of units sold and therefore works like a per-item tax paid by sellers. Use the area tool to draw the area representing the state's monthly revenue from the licensing fee for this one type of device.
Answer: hello your question is incomplete attached below is the complete question
answer ; Government revenue from tax = $750,000 per month
Explanation:
Attached below is the required graph
Government revenue from tax ( per month )
= ( 450 - 30 ) ( 50 - 0 )
= $750,000 per month
Ben and Carla Covington plan to buy a condominium. They will obtain a $156,000, 30-year mortgage at 8.0 percent. Their annual property taxes are expected to be $2,100. Property insurance is $540 a year, and the condo association fee is $250 a month.
Based on these items, determine the total monthly housing payment for the Covingtons
The total monthly housing payment for the Covingtons is approximately $1,610.71.
To determine the total monthly housing payment for the Covingtons, we need to consider the mortgage payment, property taxes, property insurance, and condo association fee.
First, let's calculate the monthly mortgage payment using the loan amount, interest rate, and loan term. We can use the formula for calculating the monthly payment on a fixed-rate mortgage:
M = P * (r * (1 + r)^n) / ((1 + r)^n - 1)
Where:
M = Monthly mortgage payment
P = Loan amount ($156,000)
r = Monthly interest rate (8.0% / 12 = 0.08 / 12 = 0.00667)
n = Total number of monthly payments (30 years * 12 months = 360 months)
M = 156,000 * (0.00667 * (1 + 0.00667)^360) / ((1 + 0.00667)^360 - 1)
M ≈ $1,140.71
Next, we add the monthly property taxes, property insurance, and condo association fee:
Total Monthly Housing Payment = Monthly Mortgage Payment + Monthly Property Taxes + Monthly Property Insurance + Monthly Condo Association Fee
Total Monthly Housing Payment = $1,140.71 + ($2,100 / 12) + ($540 / 12) + $250
Total Monthly Housing Payment ≈ $1,140.71 + $175 + $45 + $250
Total Monthly Housing Payment ≈ $1,610.71
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What happens when humans build homes and business?
Humans build homes and businesses to live properly without financial burden. The shelter is one of the fundamental requirements for every human being be it financial, along with food and clothing. It protects human beings from wild animals, natural disasters, and changing climatic conditions.
The shelter is one of the fundamental requirements for every human being along with food and clothing. It protects human beings from wild animals, natural disasters, and changing climatic conditions. So, humans need shelter to feel protected and for a sense of well-being. It is a comfortable place for a person where one can rest, rejuvenate and revive. Thus humans build homes and businesses to live properly without financial burden.
So, humans need shelter to feel protected and for a sense of well-being.
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The survivor technique for estimating long-run average cost infers efficiency from changing market shares of different-sized firms in an industry.
The survivor technique for estimating long-run average cost infers efficiency from changing market shares of different-sized firms in an industry.
The survivor technique is a method used to estimate long-run average cost in an industry. It infers efficiency from the changing market shares of different-sized firms in the industry.
The basic idea behind the survivor technique is that firms with higher costs are less likely to survive in the long run, while firms with lower costs are more likely to survive and even grow. This is because firms with higher costs will be less competitive in the market and will eventually lose market share to more efficient firms. As a result, over time, the market share of more efficient firms will increase, while the market share of less efficient firms will decrease or even disappear. By analyzing the changing market shares of different-sized firms over time, the survivor technique can estimate the long-run average cost of production in the industry. This is because firms with higher costs will have higher average costs than firms with lower costs, and the changing market shares of different-sized firms reflect the relative efficiency of those firms. The statement that the survivor technique infers efficiency from changing market shares of different-sized firms in an industry is true.
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Jason was conducting an evaluation of a restaurant waitress. He sat at the table with a list of things to observe in front of him, and the waitress noticed that he was assessing her every move. He noticed that she began acting more professionally around him, was friendlier, and gave him extra attention. Why would jason have been better off using naturalistic observation for this assessment?
Jason would have been better off using naturalistic observation for this assessment because it would provide a more accurate and unbiased understanding of the waitress's behavior.
1. Naturalistic observation involves observing individuals in their natural environment without their knowledge. In this case, Jason would have observed the waitress's behavior without her being aware of being evaluated.
2. By using naturalistic observation, Jason would have gained a more authentic understanding of how the waitress normally behaves, without any changes influenced by the awareness of being assessed.
3. The waitress's professional behavior, friendliness, and extra attention towards Jason after she noticed him evaluating her may not reflect her usual behavior. These changes could be a result of her wanting to make a good impression or being aware that she was being observed.
4. Naturalistic observation allows for the collection of unbiased data, providing a more accurate representation of the waitress's behavior in her natural setting. This would have allowed Jason to make a more objective evaluation of her performance as a waitress.
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Time periods for a goal include which of the following? short-term mid-term intermediate-term long-term
Answer:
1. short-term
2. mid-term
3. long-term
Explanation:
Goals can be classified depending on the time taken to accomplish them. In this classification, three categories emerge.
Short-term goals are goals that take less than one year to achieve. They may take a day, two days, weeks, months but not more than 12 months.
Midterm goals usually take between one year and five years to accomplish. They form a link between the long term and short term goals.
Long term goal takes more than five years and beyond to accomplish. Some may even take a lifetime. To achieve long-term goals, they are split into smaller, easy to manage short and midterm objectives.
Answer:
1. short-term
2. mid-term
3. long-term
Explanation:
Which assumption would a lender most likely make about a person with a credit score around 800?
O that the person has invested a great deal of money in the stock market
O that the person has had very few delinquent payments in the past
O that the person has lived in the same city for a long time
O that the person has avoided using credit cards
Assume that banks hold no excess reserves and that all currency is deposited into the banking system. if the required reserve ratio is 25.00%, and the Federal Reserve wants to increase the money supply by $60.00 million, the Fed would need to make an open market purchase of $ _______ million. (insert your answer in millions, and round to two decimal places.)
The Fed would need to make an open market purchase of $15.00 million to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
If the required reserve ratio is 25%, then banks must hold 25% of deposits as reserves and can loan out the remaining 75%. Therefore, if the Federal Reserve wants to increase the money supply by $60 million, banks would be able to lend out $60 million / 0.75 = $80 million in total.
To calculate the required open market purchase by the Fed, we need to use the money multiplier formula:
Money Multiplier = 1 / Reserve Ratio
So, in this case, the money multiplier would be 1 / 0.25 = 4.
To increase the money supply by $60 million, the Fed would need to purchase $60 million / 4 = $15 million worth of securities in the open market.
Therefore, the Fed would need to make an open market purchase of $15.00 million (rounded to two decimal places) to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
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2. analyzing occupancy rates as you can see from the article in the prior problem, "rents hit all-time highs amid job growth and low vacancy rates," some people move out as a result of rent increases, while others are ready to pay an even higher rent. rent control adds yet another aspect by setting a ceiling on what the rental price can ultimately rise to. the supply and demand model can be used to illustrate the mechanism that leads to all these different market outcomes. consider the market for rental properties in los angeles and orange counties in southern california. suppose that while average earnings increased by about 10% in los ang
The demand for rental apartments and flats would increase, rent would go to an all-time high, and let's assume that average earnings in Los Angeles increased by around 10%.
What is meant by a pricing ceiling?The imposed maximum price a seller is allowed to keep for a good or service is known as a price ceiling. Price ceilings are often imposed to necessities like food and energy supplies when they become unaffordable for average customers. Price ceilings are typically established by law. In short, a price cap is a form of pricing control.
Who stands to gain from a price cap?The product will benefit those who are able to purchase it at the reduced price set by the price ceiling, but suppliers of will be in loss.
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what are the three main transmission mechanisms by which the yield curve affects the economy
The three main transmission mechanisms through which the economy is been affected as a result of yeild curve are:
Corporate impact
global impact
consumer impact
The yield curve can be regarded as graph which shows how the yield that comes from debt instruments vary with respect to their years remaining to maturity. This debt instrument could be bond.The monetary transmission mechanism can be regarded as the process whereby asset prices as well as general economic conditions are been affected due to monetary policy decisions
The transmission that affect the economy are
Corporate impactglobal impactconsumer impactAll these transmission all have effect on the aggregate demand as well as interest rates, and amounts of money in the economyTherefore, transmission mechanisms have serious effect on the economy.
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How many standard deviations is the upper control limit, UCL, above the long-run center line, X-bar-bar: A.1
B.2
C.3
D.6
E.12
The standard deviation is the upper control limit, UCL, above the long-run center line, X-bar-bar is 3. Option C is correct.
UCL (Upper Control Limit) FOR A XBAR CHART:
Typically, control limits are set at a distance of +/-3 standard deviations from the meridian. The Process is deemed to be in control when the Subgroup Values are between the Upper and Lower Control Limits, thus +3. So Upper control limit formula will be:
UCL (Upper Control Limit) = MEAN + 3 * (STDEV / SQRT(NO. OF SAMPLES))
Upper Control Limit (UCL) is a term that refers to a value that is larger than the maximum value of a chemical or physical parameter that can be attributed to natural fluctuations and sampling and that the Administrator and the operator have agreed upon prior to starting mining.
The term "standard deviation is a measurement of the data's dispersion from the mean.
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What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?
Answer:hudsa
Explanation:uhsha
Your older sister is planning on saving money by paying her bills, spending money on fun, and then saving whatever is leftover. Why is this not the best option for saving her money?
Answer:
spend money on bills first then food then save the leftover money for later
When two different messages produce the same hash value what has occurred?
When two different messages produce the same hash value, it is called a hash collision. This means that the hash function used to generate the hash value was unable to produce a unique output for each input, and two different messages ended up with the same output.
While hash collisions are rare, they can still occur in certain circumstances, such as when the hash function is not strong enough or when there is a deliberate attempt to create a collision.
Hash collisions can pose security risks in certain situations, such as when a malicious user attempts to create a fake message with the same hash value as a legitimate message. This is known as a hash collision attack and can be used to bypass security measures such as digital signatures or to create fake digital certificates.
To prevent hash collisions, it is important to use strong hash functions that are resistant to collisions and to regularly update them as new vulnerabilities are discovered. Additionally, using salted hashes, where a random value is added to the message before hashing, can make it more difficult for attackers to create hash collisions.
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A harsh drought killed some of the farm family's corn and several head of its cattle. Where on the production possibilities curve could you position a point to reflect these circumstances
Answer:
inside the PPC
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
As a result of the drought, resources would not he fully utilized. So, production would take place inside the PPC curve.
Budgets are used for two distinct purposes: ______ and ______. Multiple choice question. benchmarking; integrating executing; overseeing advising; consulting planning; control
Budgets are used for two distinct purposes which include planning and control.
What is a Budget?This is a spending plan for a particular purpose which is usually based on income and expenditure.
The main functions of a budget is to ensure planning and control of the funds so as to ensure it is adequately used for the projects or activities involved.
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Use
the Existence and Uniqueness Thereom to find the set of all
questionable initial values.
The Existence and Uniqueness Theorem (EUT) asserts that if an initial value problem (IVP) satisfies certain conditions, then there exists one and only one solution.
Let us examine these conditions and the formula in order to learn how to use the EUT to find the set of all questionable initial values.
Suppose we have the IVPy′
= f(x, y), y(x0)
= y0 (1)
where f and ∂f/∂y are continuous functions on a rectangular region R
= {(x, y): |x − x0| ≤ a, |y − y0| ≤ b}
centered at (x0, y0), where a and b are positive constants. Then, there is a number h such that the unique solution y
= φ(x) with x0 − h ≤ x ≤ x0 + h exists.
Furthermore, this solution is continuous on
[x0 − h, x0 + h],
differentiable on
(x0 − h, x0 + h),
and satisfies y0
= φ(x0)
(2)To find the set of all questionable initial values, let us investigate the assumption that
|y − y0| ≤ b
in the rectangular region R. If
y0 + b ≤ α,
then the right-hand side of (1) is f(x, y) and satisfies a Lipschitz condition of constant L with respect to y on R;
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Nicolas loves watching The Simpsons on his local public TV station, but he never sends any money to support the station during its fundraising drives.
a. What name do economists have for people like Charlie? Explain.
b. How can the government solve the problem caused by people like Charlie?
c. Can you think of ways the private market can solve this problem? How does the existence of cable TV alter the situation?
Economists refer to people like Nicolas, who watch public TV but don't make any contribution to the collections, like as "free riders."
What are Free Riders?Free riders are people who benefit from a public good or service without contributing to its cost. In this case, Nicolas is enjoying the programming on his local public TV station without sending any money to support the station during its fundraising drives.
Government and free ridersOne way the government can solve the problem caused by free riders like Nicolas is by implementing a tax or fee that everyone must pay in order to access the public good or service.
This ensures that everyone who benefits from the public good or service contributes to its cost. Another way the government can solve this problem is by making the public good or service a private good or service, meaning that only those who pay for it can access it.
The private market can solve this problem by offering alternative goods or services that are similar to the public good or service, but require payment in order to access them.
For example, cable TV offers similar programming to local public TV stations, but requires a monthly subscription fee in order to access it. This creates an incentive for individuals to pay for the private good or service instead of relying on the public good or service without contributing to its cost.
The existence of cable TV can also create competition for the local public TV station, potentially encouraging the station to offer better programming or lower prices in order to attract viewers and support.
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In the bcg matrix, ________ are characterized by high share and low growth and are the key sources of internal cash generation for a firm.
In the bcg matrix, cash cows are characterized by high share and low growth and are the key sources of internal cash generation for a firm.
What is the bcg matrix?This is the term that is used to refer to the way that the products of a business is analyzed. The reason why this is done is so that it would be able to aid in the strategic planning of the business. It helps in the assessment of the current state of the product line that the business owns.
Hence we can conclude that In the bcg matrix, cash cows are characterized by high share and low growth and are the key sources of internal cash generation for a firm.
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Daniels Inc. has a multidivisional structure. Out of the four divisions Daniels Inc. has, the electronics division failed to meet the performance targets while the insurance division performed better than the performance targets. The last two divisions, automobile and retailing, have both met the performance targets. Daniels Inc.'s top executives are trying to decide how to allocate capital for the next calendar year. Which of the below scenarios is most likely to happen?A. The insurance division will get the highest capital allocation as this division has the best potential to generate more shareholder value. B. All divisions will receive the same capital allocation since this type of organizational structure is aimed at rewarding divisional managers based on achievement of strategic goals rather than financial goals. C. The electronics division will get the highest capital allocation to ensure the division fixes its performance issues and reach its performance goals. D. The automobile and retailing divisions will receive the highest allocation as their performance exactly matched the performance goals set by the corporate headquarters. right answer only
Answer:
B
Explanation:
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The article mentions that if you are owed a refund from the irs, you won’t be penalized if you file your tax return late. However, why might you want to file your tax return on time?.
You might want file your tax return on time to avoid penalty.
What is tax return?Tax return is the tax amount that a person or an individual remit to the government.
You wont be penalized if you file your tax return late but you might be penalize if you refuse to file your tax return within the stipulated due date or before the due date given to you by tax authority.
Inconclusion you might want file your tax return on time to avoid penalty.
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outline any two actions regarded as discriminatory by the labour relations Act (act 66 of 1995)
This Act governs trade unions' organizational rights and promotes and facilitates collective bargaining at the workplace and at the sectoral level. It also addresses strike and lockout situations, workplace forums, and alternative dispute resolution.
What is National Labor Relations Act?The National Labor Relations Act of 1935 is a foundational statute of US labor law that guarantees private sector employees the right to organize into trade unions, engage in collective bargaining, and take collective action such as strikes. The act's centerpiece was a prohibition on company unions. This Act governs trade unions' organizational rights and promotes and facilitates collective bargaining at the workplace and at the sectoral level. It also addresses strike and lockout situations, workplace forums, and alternative dispute resolution. Maintain associational freedom and the effective recognition of the right to collective bargaining maintain the abolition of all forms of forced and compulsory labor maintain the effective abolition of child laborTo learn more about National Labor Relations Act, refer to:
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For questions #1 - #4: Visit the PeachState Credit Union Website
https://www.peachstatefcu.org/ (Links to an external site.) Click on Accounts --> Checking
What is the name of the account for young adults?
Group of answer choices
eXtreme Checking
CU60 Checking
Basic Checking
Fresh Start Checking
Premium Checking
Answer:
I'm pretty sure that the answer is basic checking I'm not sure but you could try it if nobody else has an answer for you :)
(f) assume that yksi's fixed cost is $300 and labor is its only variable cost. if it is earning normal profits, what is its total revenue in the product market?
If Yksi is earning normal profits, its total revenue in the product market would be equal to its total costs.
This is because in the long run, firms in a perfectly competitive market will earn zero economic profit, meaning that their total revenue will be just enough to cover all of their costs, including both fixed and variable costs.
Given that Yksi's fixed cost is $300, we can calculate its total variable cost as the difference between its total cost and its fixed cost. Let's assume that Yksi's variable cost is $5 per unit of labor. If it produces Q units of output, its total variable cost would be:
Total variable cost = $5 x Q
Therefore, its total cost would be:
Total cost = $300 + ($5 x Q)
Since Yksi is earning normal profits, its total revenue would be equal to its total cost. Therefore, we can set its total revenue equal to its total cost and solve for Q:
Total revenue = Total cost
P x Q = $300 + ($5 x Q)
P x Q - $5 x Q = $300
Q (P - $5) = $300
Q = $300 / (P - $5)
Where P is the market price of the product.
So, if Yksi is earning normal profits, its total revenue in the product market would be given by the equation:
Total revenue = P x Q
Total revenue = P x ($300 / (P - $5))
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Major advances in genetic and stem-cell research led to all the following except
a. the cloning of human beings.
b. the prospect of major new medical therapies.
c. the prospect of large profits for bioengineering companies.
d. concern about the ethical implications of cloning and the destruction of embryos.
e. the development of new high-yield crops.
Major advances in genetic and stem-cell research have led to the prospect of major new medical therapies, concern about the ethical implications of cloning and the destruction of embryos, and the e) development of new high-yield crops.
However, they have not led to the cloning of human beings. While the technology for human cloning may exist, there are ethical and legal barriers that prevent it from being practiced. Additionally, the prospect of large profits for bioengineering companies is a possibility but not the only outcome.
The focus of genetic and stem-cell research is primarily on advancing medical therapies and developing sustainable agricultural practices. In conclusion, major advances in genetic and stem-cell research have had numerous positive impacts on the field of medicine and agriculture, and although there are concerns about ethical implications, they have not led to the cloning of human beings.
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When economists say the quantity supplied of a product has increased, they mean the a) supply curve has shifted to the left b) the supply curve has shifted right c) the price of the product has fallen, and consequently, suppliers are producing less of it d) price of the product has risen, and consequently, suppliers are producing more of it
When economists say that the quantity supplied of a product has increased, they mean that the supply curve has shifted to the right.(Option b)
This means that at each price level, suppliers are willing and able to produce more of the product than they were before. This can happen for several reasons, such as an increase in productivity or a decrease in the cost of production.
On the other hand, if the price of the product has fallen, suppliers may produce less of it, but this would be a movement along the supply curve, not a shift. Similarly, if the price of the product has risen, suppliers may produce more of it, but this would also be a movement along the supply curve, not a shift.
Therefore, an increase in the quantity supplied means that there has been a shift in the supply curve to the right, indicating that suppliers are willing and able to produce more of the product at every price level.
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1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
hope its help
The INS, or Immigration and Naturalization Service, was reorganized in 2003 and became incorporated into _____.
the Department of Homeland Security
the U.S. Marshals Service
the National Security Council
the Justice Department
Answer: the department of homeland security
Explanation:
A firm has an average total cost of $50. If it sells 20 units of its product at $100 each, what is its profit?
Answer:
$1,950
Explanation:
If I understood what you're asking, I did 100 times 20 and then subtracted 50 from that
100x20 = 2000
2000-50 = 1950
The primary cost associated with the level production strategy is the cost ofA.holding inventory.B.hiring and firing workers.C.overtime.D.outsourcing (subcontracting)
Answer:
The primary cost associated with the level production strategy is the cost of
A.holding inventory.