Answer:
Basic Rate Interface (BRI).
Explanation:
Basic Rate Interface (BRI, 2B+D, 2B1D) is an Integrated Services Digital Network (ISDN) configuration intended primarily for use in subscriber lines similar to those that have long been used for voice-grade telephone service.
<span>Categorical -Homeowner
Ratio -Credit Score
Ratio-Years of Credit History
Ratio-Revolving Balance
Ratio-Revolving Utilization
Categorical-Decision
In this case variables that are Ratio are measurable such as credit score, years of credit history, etc. While on the other hand Homeowner and Decision are categorical as they can also be categorized into categories and cannot be measured.</span>
Answer:
The answer is most likely A. new producer of power tools has entered the market and is relying on low prices to attract consumers.
Explanation:
In an oligopoly, there is only a handful of companies operating in the industry and they all present similar types of goods and services (but they can differ too)
The goods and services are closedly priced in an oligopoly market. This means that the price between the goods offered by the companies in the market do not change much between the companies.
So a new manufacturerentering the market has to use a market penetration strategy and set the prices low.
Answer:
Manufacturing overhead for July will be $55000
Explanation:
We have given budgeted labor hour in month of July = 20000
Variable overhead rate = $5
So variable manufacturing overhead = 20000×$5 = $100000
Fixed manufacturing overhead = $25000
Now total manufacturing overhead = $100000+$25000 = $125000
Depreciation expense = $7000
So manufacturing overhead for July = $125000 - $7000 = $55000
Answer and Explanation:
a. Explicit costs are actual costs incurred by the venture.
In this case those are;
= Annual lease on building + Payments to workers + Utilities (electricity, water, disposal) costs
= 22,000 + 120,000 + 8,000
= $150,000
b. Implicit costs are the opportunity costs (revenue foregone by not choosing other alternatives).
= Entrepreneur's potential earnings as a salaried worker + Entrepreneur's potential economic profit from the next best entrepreneurial activity + Entrepreneur's forgone interest on personal funds used to finance the business
= 50,000 + 80,000 + 6,000
= $136,000
c. Economic costs
= explicit + implicit costs
= 150,000 + 136,000
= $286,000
d. Accounting profit
= Revenue - explicit costs
= 380,000 - 150,000
= $230,000
e. Economic Profit
= Revenue - economic costs
= 380,000 - 286,000
= $94,000
f. New Accounting Profit
= Revenue - explicit costs
= 286,000 - 150,000
= $136,000
New Economic profit
= Revenue - economic costs
= 286,000 - 286,000
=$0
