Answer:
The correct answer is B
Explanation:
Economic profit is the difference among the revenue received from the sale of the output and the cost of all inputs used and opportunity cost.
Zero economic profit, it is the situation where the firm is earning the same if its resources were employed in the next alternative which is best.
When the entry barriers in the market are low, then the firm will have the tendency of having a zero economic profit in the period of long run, as the profit which is short run will attract the extra suppliers which will result in down in the market price of the product.
Answer:
Y and X
Explanation:
Product Additional Additional Costs Difference Decision Revenues
W 40000 60000 -20000 Sell Now
X 8000 4000 4000 Process On
Y 100000 32000 68000 Process On
Z 4000 20000 -16000 Sell Now
Answer:
Job analysis
Explanation:
Job analysis is a process in which a firm identifies duties, responsibilities, skills, know-how and ability needed for a particular job.
Job analysis is done when a particular job position is about to the filled. By doing job analysis, firms can ensure that only people with attributes that match the job analysis apply for the job position that is to be filled.
Conditions such as level of experience, skills, ability, technical know-how among other things are verified for the job position.
Cheers.
Individually or collectively is referred to as balancing.
Balancing:
- Bringing two items into agreement; "the checkbook and bank statement reconciliation" reconciliation. Making anything equal or uniform is known as equalization, equalization, or leveling.
- stable, be steady. position, level, and poise. He counterbalanced his controversial statements with more conventional ones, using words like balance, cancel, offset, even out, even up, counteract, counterpoise, countervail, equalize, neutralize, negate, compensate for, and make up for.
- Machines require balance to function properly. Machine balancing aids spinning bodies in preventing vibrations, which can cause failure. Heavy machinery and generators are prone to failure, therefore balancing tasks can assist keep equipment from malfunctioning.
- Just walking across the room or down the block requires good balance. As well as carrying things, getting up from a chair, walking up and down stairs, and even turning to look behind you. And good balance helps avoid falls that could be incapacitating.
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Credit card fees. Direct materials. Piece rate labor. Production supplies. Billable staff wages. Commissions. Freight out<span>.</span>
