Answer:
Equilibrium price and quantity
$6.44 and 6768
Consumer surplus
$571,081
Producer Surplus
$5,288
Explanation:
In this question, we are asked to calculate equilibrium price and quantity, consumer surplus and producer surplus.
Please check attachment for complete solution and step by step explanation
Answer:
$3,850
Explanation:
The computation of the machine's second-year depreciation under the straight-line method is shown below:
= (Cost of the machine - salvage value) ÷ (estimated useful life)
= ($43,500 - $5,000) ÷ (10 years)
= ($38,500) ÷ (10 years)
= $3,850
In this method, the depreciation is the same for all the remaining useful life. Therefore, for the second year also, the depreciation expense is the same i.e $3,850
Answer:
The correct answer is letter "D": Plastic surgery.
Explanation:
Services are activities offered to satisfy third parties' needs in exchange for compensation. High-contact services are those that meet uncertain demands and require a certain set of skills. Typically, high-contact services are expensive. <em>Hospital and nursing assistance</em>, <em>legal </em>or <em>financial advice</em> fall into this category.
Answer:
d) economies of scale result from decline in the average cost of production per unit as volume increases whereas economies of scope result from decline in the average cost of production due to the sharing resources across products and services.
Answer: HR analytics
Explanation: It refers to a data driven approach used by organizations with the objective of managing individuals working in it. It is used by the organisations to analyze the problems of the employees and detect critical problems so that their solution could be obtained.
It is usually used by the HR department for the purpose of keeping the environment within the workplace positive and effective.
Hence from the above we can conclude that HR team could use HR analytics.
