Answer:
Option (C) is correct.
Explanation:
The reserve requirement ratio refers to the ratio of deposits that are kept with the Fed.
It is one of the important monetary policy instruments that Fed uses for controlling the money supply in an economy. The Fed reduces the reserve requirement ratio if there is a need to increase the money supply in an economy and it increases this ratio if there is a need to reduce the money supply in an economy.
Answer:
The incremental annual net cash inflows provided by the new machine would be $2,525.
Explanation:
In order to calculate the incremental annual net cash inflows provided by the new machine we would have to use the following formula:
incremental annual net cash inflows=saving in annual operating cost+contribution earned on additional sales
=( $4,125-$3,730)+(21,300×$0.10)
=$395+$2,130
=$2,525
Hence, The incremental annual net cash inflows provided by the new machine would be $2,525.
Answer:
Supervised and Unsupervised Learning:
a. Unsupervised learning
b. Supervised learning
3. Supervised learning
4. Unsupervised learning
Explanation:
The key difference between supervised machine learning and unsupervised machine learning is that with supervised machine learning there is a training dataset (labeled data) on which the algorithm is trained to predict patterns. With unsupervised machine learning on the other hand, there is no training data. So, the algorithm discovers patterns on itself without reference to another labeled data or training dataset.
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.
Answer:
economic costs = $56,000
Explanation:
given data
seeds = $2,000
fertilizer = $3,000
pesticides = $6,000
earning = $45,000
solution
total Accounting cost of Mr. jernigan is
total Accounting cost of Mr. jernigan = $2,000 + $3,000 + $6,000
total Accounting cost of Mr. jernigan = $11,000
and
economic costs = accounting costs + opportunity costs
economic costs = $11,000 + $45,000
economic costs = $56,000
