Answer:
An increase in the demand for leather will most likely cause an increase in the demand for beef in the short run.
Explanation:
We can establish from the question that the two products are jointly produced. The two products are simply - Leather and Beef.
There's thus a direct relationship between the production of one and the other. That is, an increase in the production of leather causes an equal increase in the production of beef.
Having considered that, it is important to underscore the general human behaviors to issues on Demand. A rational individual will buy more of a product if the price is low. The more the demand, the more the increase in production.
For leather and beef, there is a critical factor that necessitate there joint production. This is that the byproducts from the production of one, say, Beef, will form an input in the production of the other. This relationship further lends credence to our foregoing assertion that the both products share direct relationship. Using the byproducts obtained from the production of one as an input will not increase the economies of scale of the other, it'll lead to an equal increase in the production levels.
Thus, an increase in the demand for leather signals an increase in the production of leather. Hence, with increase in production of leather, there's an equal increase in the production of beef with direct consequence on product demand, while taking advantage of the economies of scale derived from, and the competitive pricing.
What’s a EQR? And what grade are you in cuz like idk what that is ;w ; sorry
Answer:
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
<em></em>
Explanation:
We are told that the property is an interior lot, so we'll only consider one of the width of his plot, since the sidewalk can only pass through the front or the back of his property.
The property measures 100' x 500' , that is 100 ft width by 500 ft length
The cost of the sidewalk is $40 per linear ft
The city will pick up 50% of the cost.
For a width of the lot, the cost per linear length will be
100 x $40 = $4000
The city covers 50% of this cost, leaving 50% of the cost to the homeowner.
The homeowner's cost will be 50% of $4000
= 0.5 x $4000 =<em> $2000 </em>
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
Answer:
- Tax Examiner
-
Equal Opportunity Representative
Explanation:
Usually tax examiners perform tasks like: reviewing tax returns, contacting taxpayers, verify data through audits, evaluation financial information, notifying taxpayers about overpayments or underpayments.
Equal opportunity representative main role is to monitor and evaluate compliance with equal opportunity laws, which means that they must investigate employment practices or alleged violations of the Equal Opportunity Act and other laws and regulations that prohibit work discrimination.
Answer:
Explanation:
(a) The cost of underage(Cu) will be the opportunity cost for lost sales which will be:
= 65 - 40
= 25
The cost of overage(Co) will be the holding cost which will be:
= 40 x 35%/52
= 40 × 0.35/52
= 40 × 0.0067308
= 0.269
The Critical ratio will be:
= Cu/(Cu + Co)
= 25/(0.269+25)
= 0.9894
For the optimal condition,
F(z) = Critical ratio = 0.9894,
therefore, z = normsinv (0.9894) = 2.30
Therefore, the optimal stock will be calculated as:
= Mean demand + (z × Stdev)
= 35 + (2.30 × 10)
= 35 + 23
= 58 units.
We should note that Tammi already has 12 cushions in stock, therefore the order quantity will be:
= 58 - 12
= 46 units
(b) Cu = 12
Co = 0.269
Critical ratio will be:
= Cu/(Co + Cu)
= 12 / (12 + 0.269)
= 0.9781
Therefore, z = normsinv(0.9781) = 2.0
Then, the optimal stock will be:
= 35 + (2.0 × 10)
= 35+20
= 55 units
We should note that Tammi already has 12 cushions in stock, therefore the order quantity will be:
= 55 - 12
= 43 units
