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2 years ago

Using a $ sign before a column label ________.

Business

1 answer:

Licemer1 [7]2 years ago

6 0

Answer:

The alignment of the choices are off but here's the explanation for solving this question below;

Explanation:

Using a $ sign before a column label, keeps the reference to column fixed,

but allows the row reference to change. Generally, putting a dollar sign ($) before a column label or row label puts an absolute reference to that respective column or row while keeping the other changing. For example;

In $C5, "C" is the column reference while "5" is the row reference. Because there is $ sign before C, that column will be fixed and the row will change

You might be interested in

Mary's company trained her to perform managerial functions, formulate innovative strategies, and also solve technical issues. Gi

Nataly [62]

Answer: Cross-training

Explanation:

According to the given question, Mary's company give training for managing the various types of managerial level operations and functions and based on the given information Mary's company is providing the cross training.

The cross training is one of the type of training that is provided by an organization to their employees for developing their skills and knowledge.

The main objective of the cross training is that it helps an employee to boost their skills, functions so that it improves the quality and the productivity of an organization.

Therefore, Cross training is the correct answer.

3 0

2 years ago

Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents.

hjlf

Answer:

1. Johann is looking to double the profits of his lemonade stand

Explanation:

Note that Johann was still making money from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.

Without having forsight Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.

7 0

2 years ago

Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is $1 per can,

FinnZ [79.3K]

Answer:

Option (B) is correct.

Explanation:

The utility maximization point for a consumer is as follows:

$\frac{MU_x}{P_x}=\frac{MU_y}{P_y}$

It is given that,

price of Pepsi(x) = $1 per can

price of a hamburger(y) = $2

Marginal utility from Pepsi = 4

Marginal utility from hamburgers = 6

Hence,

$\frac{4}{1}>\frac{6}{2}$

4 > 3

Therefore, it can be seen that the consumer's utility is not maximized at this point.

Law of diminishing marginal utility states that as the consumer consumes more and more quantity of goods then as a result the utility obtained from the consumption goes on diminishing.

So, there is a need to increase the quantity of Pepsi consumed and reducing the quantity of hamburgers consumed.

6 0

2 years ago

Absolute v. comparative advantage activity this chart shows how many units of tractors and cotton workers can produce in the uni

goldenfox [79]

Answer: a). Spain

b). none

c). 2.4

Explanation: a). Absolute advantage occurs when a country produces more of a good than the other country. In this case, Spain produces 50 units of Tractors while, Bolivia produces only 30 units of Tractors. Thus, Since Spain is producing more it has an absolute advantage in Tractors.

b). Both the countries are producing equal units of Cotton. Thus, we can say that none of them has an absolute advantage in cotton production.

c. Opportunity cost is the cost of the lost alternative. When Spain produces Tractors it is sacrificing production of Cotton. So, opportunity cost on 1 unit of Tractor will be,

$Opportunity cost = \frac{120}{50} =2.4$

Thus, 2.4 units of cotton which is given up is the opportunity cost of Spain for producing 1 unit of Tractor.

4 0

2 years ago

. A company produces two products, A and B, which have profits of $9 and $7, respectively. Each unit of product must be processe

prohojiy [21]

Answer:

(a) Linear model

$max\ P = 9x + 7y$

Subject to:

$12x + 4y \le 60$

$4x + 8y \le 40$

$x,y \ge 0$

(b) Standard form:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y + s_1 = 60$

$4x + 8y +s_2= 40$

$x,y \ge 0$

$s_1,s_2 \ge 0$

Explanation:

Given

$\begin{array}{ccc}{} & {Hours/} & {Unit} & {Product} & {Line\ 1} & {Line\ 2} & {A} & {12} & {4} & {B} & {4} & {8} & {Total\ Hours} & {60} &{40}\ \end{array}$

Solving (a): Formulate a linear programming model

From the question, we understand that:

A has a profit of $9 while B has $7

So, the linear model is:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y \le 60$

$4x + 8y \le 40$

$x,y \ge 0$

Where:

$x \to line\ 1$

$y \to line\ 2$

Solving (b): The model in standard form:

To do this, we introduce surplus and slack variable "s"

For $\le$ inequalities, we add surplus (add s)

Otherwise, we remove slack (minus s)

So, the standard form is:

So, the linear model is:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y + s_1 = 60$

$4x + 8y +s_2= 40$

$x,y \ge 0$

$s_1,s_2 \ge 0$

4 0

1 year ago