Answer:
The fertile waters in which the fish feed and breed ⇒ <u>Natural Resources per worker. </u>
The skills workers develop through training before working on and piloting boats ⇒ <u>Human Capital per worker. </u>
A route fishing boats can follow to maximize their catch at different points in the day ⇒ <u>Technological Knowledge.</u>
The boats in the fishing fleet ⇒ <u>Physical Capital </u>
Answer:
competition
Explanation:
team members be competing against each other
Answer:
Savings in additional cost as result of making $154,350.00
Explanation:
The relevant costs for this decision would be the variable cost of production and the external cost of purchase.
Unit variable cost of internal production
= 10.80 + 9.80 + 4.10 = $24.7
Variable cost of making ( $24.7 × 49,000) = 1,210,300.00
Variable cost of Buying ($27.85 × 49,000) = <u>1,364,650.00</u>
Savings in additional cost as result of making <u> 154,350.00</u>
Note that the fixed cost is irrelevant for the purpose of the make or buy decision . This is so because they would be incurred either way. Hence, they are not to be considered for the analysis
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Answer: younger; older
Explanation:
Anthony is most likely younger as he still sees fulfillment when he gets a good salary and benefits from a good job while Henry is older, having set up a firm, values his employees and how the work is done.