Alexander Maconochie initiated the concept of Good time.
Answer:
Job Sharing.
Explanation:
Job sharing can be understood as an act, where one set of employees works for a given shift and the remaining work is completed by the other set of employees at any other time of the day. This is usually done by part-time workers and they tend to split their remuneration as well according to the work requirement and their performance.
In deciding whether to sell a product or continue to process it, the costs incurred to get the product into its current condition are not relevant to the decision.
<h3>What is Cost Price?</h3>
This refers to the price at which a good was bought and might include the expenses incurred while procuring the goods.
Hence, we can see that when an owner is trying to decide whether to sell a good or process it, the costs incurred to get the product to its current condition are not relevant while making this decision.
Read more about cost price here:
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Simplifying
(2a + 5)(3a + -4) = 0
Reorder the terms:
(5 + 2a)(3a + -4) = 0
Reorder the terms:
(5 + 2a)(-4 + 3a) = 0
Multiply (5 + 2a) * (-4 + 3a)
(5(-4 + 3a) + 2a * (-4 + 3a)) = 0
((-4 * 5 + 3a * 5) + 2a * (-4 + 3a)) = 0
((-20 + 15a) + 2a * (-4 + 3a)) = 0
(-20 + 15a + (-4 * 2a + 3a * 2a)) = 0
(-20 + 15a + (-8a + 6a2)) = 0
Combine like terms: 15a + -8a = 7a
(-20 + 7a + 6a2) = 0
Solving
-20 + 7a + 6a2 = 0
Solving for variable 'a'.
Factor a trinomial.
(-5 + -2a)(4 + -3a) = 0
Subproblem 1
Set the factor '(-5 + -2a)' equal to zero and attempt to solve:
Simplifying
-5 + -2a = 0
Solving
-5 + -2a = 0
Move all terms containing a to the left, all other terms to the right.
Add '5' to each side of the equation.
-5 + 5 + -2a = 0 + 5
Combine like terms: -5 + 5 = 0
0 + -2a = 0 + 5
-2a = 0 + 5
Combine like terms: 0 + 5 = 5
-2a = 5
Divide each side by '-2'.
a = -2.5
Simplifying
a = -2.5
Subproblem 2
Set the factor '(4 + -3a)' equal to zero and attempt to solve:
Simplifying
4 + -3a = 0
Solving
4 + -3a = 0
Move all terms containing a to the left, all other terms to the right.
Add '-4' to each side of the equation.
4 + -4 + -3a = 0 + -4
Combine like terms: 4 + -4 = 0
0 + -3a = 0 + -4
-3a = 0 + -4
Combine like terms: 0 + -4 = -4
-3a = -4
Divide each side by '-3'.
a = 1.333333333
Simplifying
a = 1.333333333
Solution
a = {-2.5, 1.333333333}
Answer:
2. An outward shift of the production possibilities curve.
Explanation:
Economic growth can be defined as an increase in the output of goods produced in an economy or increase in what an economy produces using its scarce resources.
Simply put it is an increase in production capacity.
The production possibility curve shows all possible combinations of two products that can be produced with a given level of resources.
When there is increase in capacity there is increase in number of goods that can be produced. For example if resources of 50 units can produce 15 units of A and 20 units of B. An increase of resources to 70 units will be able to produce more let's say 20 units of A and 23 units of B.
This results in shift of PPP outward as illustrated in the attached diagram.