Answer:
d. Low levels of job specialization
Explanation:
Firms that pursue cost advantage have effective & efficient management techniques.
Employee remuneration based upon individual productivity , Frequent performance reporting , High levels of outsourcing : are all important for proper management of firms to achieve cost advantage.
However, proper effective & efficient management cant be achieved without proper division of labour & specialisation of job. So, firms pursuing cost advantage have all features in their systems except 'Low levels of job specialization'
It is known as the Prospect Theory Effect.
Prospect Theory is the tendency to feel stronger negative emotions than positive emotions when losing something of value. It is an assumption that losses and gains have different values even if they are really both equal. For an instance, there are two options presented- one shows potential gains and the other shows possible losses. The former option will be chosen because the probability of gain is perceived greater.
Answer:
Margin of surplus = 1,200
Explanation:
Given:
Supply P = 50 + Q
Demand P = 200 – Q
Current price = 60 cents per pound
Considering a tariff = 40 cents per pound
Computation:
Producers surplus = [10 x 10] / 2
Producers surplus = [100] / 2
Producers surplus = 50
So,
New producers surplus = [50 x 50] / 2
New producers surplus = 1,250
Margin of surplus = 1,250 - 50
Margin of surplus = 1,200
The correct answer is d). We have that government spending can also give way to products and services, just like private enterprises, thus there is no double-counting there. Services such as haircuts have their own value, which are separate from any other material products. Finally exports are also not counted twice; Raw materials though would be counted twice if we counted them for the GDP since their value is incorporated in the value of the final product. For example, we cannot count towards the GDP the value of rubber production in a country since then, if we counted the value of the tires too, we would count the value of the rubber in the tires twice (one time as rubber/ one time as part of the tire).
Answer:
The tie-dyed t-shirts is 195
Explanation:
Let us assume the silk-screened shirts be X
And, the tie-dyes t-shirts would be = 5X
And, the total value equals to
silk-screened shirts + tie-dyes t-shirts
X + 5X = 234
6X = 234
X = 234 ÷ 6 = 39 shirts
So, the silk-screened shirts are 39 and, the tie-dyed t-shirts is 5 time of silk-screened shirts.
After total of the silk-screened shirts and the tie-dyed t-shirts, the total number of shirts would be same i.e 234 t-shirts.
Therefore, the tie-dyed t-shirts is 195
