Answer: The correct answer is "A. research and development".
Research and development are <u>NOT</u> considered as one of the three primary functions that all organizations perform.
Explanation: The basic operating cycle of a company is buy-sell-collect-pay. In some cases, companies can produce the good they sell or directly re-sell it. This implies production, operation and marketing activities to increase sales and for an adequate control of these you need accounting.
Only in particular cases do companies engage in research and development, but it is not something basic.
Answer:
The total investment in the economy is $50 million
Explanation:
The following equation is used to calculate the GDP: GDP = C + I + G + (X – M) or GDP = private consumption + gross investment + government investment + government spending + (exports – imports)
Using this formula we can determine the amount of investment.
Investment = 500 (GDP) - 300 (private consumption) - 150 (government spending) = $50.
Answer:
A) the firm should hire additional workers.
Explanation:
if the marginal production of the tenth worker is 5 units or output and the price of each unit is $4, the the workers total marginal product revenue (MPR) = 5 units x $4 per unit = $20
Since the cost of hiring that tenth worker is $15 (less than MPR), then the company should hire more additional workers until the MRP = labor cost
Answer:
The differential revenue for this decision is $95000
Explanation:
Differential Revenue: In differential revenue it shows a difference between two projects revenues. Irrespective of whatever information is given in the question.
It is computed to check that how much increment or decrements is done as compare to previous year, or between projects.
So,
Differential revenue = Alternative B Projected Revenue - Alternative A Projected Revenue
= $310,000 - $215,000
= $95,000
Hence, the differential revenue for this decision is $95000
Answer:
B, first-mover advantages
Explanation:
First-mover advantage is the advantage gained from being the first to occupy a particular market position. Acronymed FMA, First-mover advantage helps to ensure that the first and early comer to a market position gains control of resources thus giving the firm a competitive advantage in the market.
I hope this helps.
