Answer:
Increase in population
Explanation:
When GDP is growing at a constant rate, the only way that real GDP per capita falls is when population growth rate is higher than that of GDP growth rate.
Answer:
Let's say that the product is basic ibuprofen (Advil) pills. Since the product belongs to the pharmaceutical industry, it is required to have structured and often quality checks. Also, the product's structure or recipe can be easily changed by demanding guidelines (FDA). What's more, defects are very common if a certain substance goes over (or below) the required percent in the process.
Batch production is the best production method to use here, as it is basically production in groups (batches), where frequent control is provided. Also, in the case of a potential recall, it is easy to map the troublesome batch (due to the documentation, used materials and ingredients etc.).
An example of a natural monopoly found across the globe is power delivery.
Is electricity a natural monopoly?
- Electricity service grocery delivery retail store security driveway concrete repair Natural Monopolies.
- A natural monopoly exists when average costs continuously fall as the firm gets larger.
- An electric company is a classic example of a natural monopoly.
What are some examples of monopolies?
Natural gas, electricity companies, and other utility companies are examples of natural monopolies.
They exist as monopolies because the cost to enter the industry is high and new entrants are unable to provide the same services at lower prices and in quantities comparable to the existing firm.
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Answer:
Item Inventory at the lower-of-cost-or-market
#1 $214.50
#2 $240.00
#3 $266.50
#4 $315.00
#5 $422.50
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See attached pdf file for the complete question.
Also note: See the attached excel file for the determination of the value of inventory by applying the lower-of-cost-or-market rule.
From the attached excel file, we have:
Item Inventory at the lower-of-cost-or-market
#1 $214.50
#2 $240.00
#3 $266.50
#4 $315.00
#5 $422.50
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pdf
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Answer: Union
Explanation:
The options to the question,:
A Open
B. Managed
C. Union
D. Closed
E. Agency
From the question, we are informed that Howard Cho has been hired by Greenwood Enterprises to work on an assembly line in its small engine division and that he understands that he will be on probation for 30 days and then must join the union. This implies that Cho enterprise has a union shop.
A union shop is a form of a union security clause whereby the employer may employ workers who are into the union or those who don't but those that are not yet union members will have to join after a 30 days period.
