Answer:
The correct answer is to put the two variables in the same type of measure.
Explanation:
To begin with, in order to compare to different variables that are in different measures the correct way to proceed is to put them in the same measure so therefore they will be comparable with each other. Once said that, in this case the person should put the psychological benefits in economics benefits as it is the other variable and in order to do that the person should think of what aspects of his productivity would increase if he takes the vacations and gains the psychological benefits. For example, after getting back from the holidays he may feel himself less stress and more relax and therefore that he may be able to either do more job, more studies or more excercises and all that can impact in an economic way.
Answer:
the standard of living increased
Explanation:
Between the years 1948 and 1990, the level of productivity in the United States of America increased tremendously, to the extent that it was in the doubled fold. Consequently, this increase in the level of productivity simply exemplified that, there is a substantial increase in the standard of living for the average American.
Hence, it can be concluded that, in this case, the workweek didn't get shorter because "the standard of living increased."
Answer:
$30,000 increase
Explanation:
Piper Corp is operating at 70% capacity, and so we can produce the unit in-house at no increase to fixed cost we are already incurring. So we assume fixed cost for the extra production is zero
Without fixed cost the unit can be produced at $26, so cost of producing the units needed= 26*15,000= $390,000
To buy the product we need $24 per unit, so the cost of buying the needed units is= 24* 15,000= $360,000
The differential cost of making the part rather than purchasing it = Cost of inhouse production- Cost of Buying= 390,000- 360,000= $30,000
Based on financial analysis, it is <u>False</u> that It's inevitable that budgeting will hinder the enjoyment of life, forcing people to make financial sacrifices.
<h3>What is Budgeting?</h3>
Budgeting Is the process of making a financial plan which includes planning on expenses, revenue, savings, assets, liabilities, cash flow, etc.
<h3>Benefits of Budgeting</h3>
There are various benefits of budgeting, some of which include the following:
- For providing limits or guides to spend.
- To achieve financial goals.
- To prepare for emergencies.
- To aid better retirement, etc.
Hence, in this case, it is concluded that the correct answer is "<u>False</u>."
Learn more about Budgeting here: brainly.com/question/22532334
Answer:
features in the supply of goods
