Answer:
D. Ability to provide a healthy work environment
Explanation:
The most important skill needed by employers in any field is the ability to provide a healthy work environment. Irrespective of any expertise, a good and healthy work environment is needed for employees so that they can be productive. A healthy environment leads to reduce in injuries and illness thereby providing a stress free environment which in turn leads to an increased productivity.
Answer:
Product A, then Product C and finally Product B
Explanation:
The unit profit = Selling price per unit - Variable cost per unit - Fixed cost per unit
Unit Profit of product A = $21 - $11 - $5 = $5
Unit Profit of product B = $12 - $7 - $3 = $2
Unit Profit of product C = $32 - $18 - $9 = $5
The profit of each product in 1 machine hour = 1 hour/ Machine hours per unit * Unit Profit
Profit of Product A in 1 hour using machine = 1/0.2 * $5 = $25
Profit of Product B in 1 hour using machine = 1/0.5*$2 = $4
Profit of Product C in 1 hour using machine = 1/0.2* $5 = $25
Product A & Product C have same profit in 1 hour machine, then we have to consider Direct labor hours per unit which product A is 0.4 while product C is 0.7. It means Product C is more costly in direct labour than Product A.
In short, then the ranking of the products from the most profitable to the least profitable use of the constrained resource is Product A, then Product C and finally Product B
This kind of credit is also known as consumer credit. It is actually the kind of credit that is given to a consumer on purchasing of any goods or getting any kind of service. Some kind of loans, credit card loans can be considered as a kind of consumer credit. This kind of credit is prevalent around the globe.
Answer:
a. Fixed costs for businesses are the ones that don't depend on Q. Fixed costs= 20
b, thus. dC / dQ= d(20 + 2Q^2)/dQ= 4Q
c. Many companies say the economy competes perfectly. For such a scenario, the company is a price-taker and would demand the same $10 price as other firms on the market to sell its products.
d. Most companies expect a reasonably open market. Hence, MR= $10 in size.
Max profit: MC= MR, then 4Q= 10= > Q= 10/4= 2.5 Optimum production level to optimize profits= 2.5 units e. Profits= Sales-Expenses= price* Q-( 20+ 2Q^2)= 10* 2.5-20-2* (2.5)^2= 25-32.5 = -7.5 Profits are thus-$ 7.5 ($7.5 loss).
f. The organization will continue to survive in the short term because $7.5 losses are smaller than the $20 fixed expense. In other words, the company can pay more than its rising output expenses, and will thus continue to work in the short run.
