Answer:
Product A because the contribution margin per MH is $23.33
Explanation:
In terms of efficiency, you have to look for the highest outcome with the fewer use of resources. In this case, the resources available are the machines, and the outcome is the profit (margin per unit). Applying the formula: Efficiency producing X (Ex) = [(1 hour of machine hour) / (Product x timed used per unit)]Margin per unit X, and comparing products A and B, you get that producing A is more efficient in terms of profits than producing B, by $10,1 per hour (23,33 - 13,2)
Answer:
A. Recurring
Explanation:
The word 'recurring' refers to something that occurs multiple times, both periodically or repeatedly.
Answer: best case Nvp $2,943,304,509.57
Worse case NVP
-$2, 601,609,39
Answer:
<u>Monopolist competition</u>.
Explanation:
The market structure of monopolistic competition occurs when there are several companies offering similar products, which even though substitute products cannot be considered perfect substitutes. Monopolistic competition is characterized when in the market there are many sellers competing for a higher market position of some product or sector. This type of monopolistic competition is characterized by free entry to other companies, which makes it increasingly competitive in the pursuit of customer preference.
