It took 60 hours to make the first unit of a product. After the second and third units were made, the learning curve was estimated to be 80%. At $10 per hour, estimate the labor bill for the fourth unit
(Use at least three decimals in the exponent if you use the formula approach.)
A) $400 or less
B) from $400 to $420
C) from $420 to $440
D) from $1800 to $2000
E) over $2000
A
Business
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Accounts receivable turnover is considered a short-term ratio
A. True B. False
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A buyer enters into a buyer agency agreement with a real estate licensee to negotiate the purchase of a particular FSBO property. The buyer then enters into purchase and sale agreement, but the property he agreed to buy is subsequently condemned. Which of the following is true?
A. The agency is terminated B. They can immediately look for another property C. The agent may sue the buyer for damages, if any were incurred D. This creates a dual agency
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