Answer:
$1,440,000
Explanation:
sales volume = 37,000 radios
Selling price per unit = $60
Variable costs per unit = $20
Fixed costs = $40,000
Monthly operating income
= Sales revenue - Variable costs - Fixed costs
= ($60 × 37,000) - ($20 × 37,000) - $40,000
= $2,220,000 - $740,000 - $40,000
= $1,440,000
Therefore, the flexible budget would reflect $1,440,000 as a monthly operating income for a sales volume of 37,000 radios.
Answer:
A. The loss of Enjoyment People incur when scenic land is converted for commercial use
B. The value of baby sitting services when the baby sitter is paid cash and the transaction isn't reported to the government
D. The variety of goods available to the consumers
Explanation:
The Gross Domestic Product (GDP) represents the total market value monetarily of all finished products or all services that are produced in a country, within its borders and it is measured for a period of time.
The GDP broadly measures this market value and since it represents a broad measurement, there are apparently transactions and productions or even services that won't be adequately measured or accounted for
1. The loss of enjoyment people incur when scenic land is converted to commercial use is a cost that cannot be monetarily valued hence it won't be accounted for
2. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government- This will not be measured accurately because not all persons who hire baby sitters will report the transaction
3. The variety of goods available to consumers are numerous and the government will not be able to account for every single one
Answer:
24L^- 1/2
Explanation:
Given that
Marginal product of labor is
MPL = 24L^- 1/2
Power sign is not given in the question so we considered it
The price of green chalk= $1 per unit
The wage rate = $12 per hour
By considering the above information, the revenue product of labor would be
= 24L^- 1/2
= Price of green chalk × 24L^- 1/2
= $1 × 24L^- 1/2
= 24L^- 1/2
Answer:
D
Explanation:
The other options are true regarding the requirements and objectives associated with IBR