Two Firms, C and D, Both Produce Coat Hangers

question 52

Multiple Choice

Two firms, C and D, both produce coat hangers.The price of coat hangers is $1.20 each.Firm C has total fixed costs of $750,000 and variable costs of 30' per coat hanger.Firm D has total fixed costs of $400,000 and variable costs of 50' per coat hanger.The corporate tax rate is 40%.If the economy is strong, each firm will sell 2,000,000 coat hangers.If the economy enters a recession, each firm will sell 1,400,000 coat hangers. If the economy enters a recession, the total cost of firm C will be

• A)$1,680,000.
• B)$1,170,000.
• C)$750,000.
• D)$420,000.

Understand the origins and beliefs of the Republican Party in the 1850s.

Comprehend the impact of the Dred Scott decision on North-South relations and its place in the escalation towards civil conflict.

Grasp the significance of Andrew Jackson's presidency in the evolution of the executive branch and political parties.

Acknowledge the social and political movements that emerged in response to the era's challenges, including women's rights and anti-immigrant sentiments.

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Definitions:

Traits Methods

A series of techniques used in performance evaluations focusing on the individual characteristics and attributes of employees rather than solely on output.

Behaviourally Anchored Rating Scale

A rating system that evaluates employees' performance based on specific behaviors that are indicative of success in their job roles.

Critical Incidents

Specific events or situations that significantly contribute to an employee's success or failure in a job or assignment.

Global Rating

An overall assessment or evaluation made considering multiple factors or criteria, often used in performance reviews.