Answer: C. collective bargaining
Explanation:
The union used collective bargaining by negotiating with its employer to determine its pay and raise the wage.
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The Purchase orders would be an appropriate cost driver for the purchasing activity cost pool.
A purchase order, which specifies kinds, quantities, and agreed-upon pricing for goods or services, is a business document and the first formal offer made by a buyer to a supplier. It is employed to regulate the acquisition of goods and services from outside providers.
An element that generates or influences an activity's cost is known as a cost driver. It is the main reason that a certain expenditure happened. Customers, products, and manufacturing channels all use resources, but activities use resources. The idea of cost allocation utilising cost drivers is fundamentally based on an understanding of this.
The complete question is:
Which would be an appropriate cost driver for the purchasing activity cost pool?
A) Purchase orders
B) Machine setups
C) Machine hours
D) Inspections
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Certain schools of economic thought suggest that a pollution tax would reduce pollution in a more cost-effective way when compared to command-and-control regulation.
The advantage of market-oriented environmental gear is that, due to their incentives and flexibility, they are able to attain any favored discount in pollutants at a decreased value to society than command-and-manage law. it's miles complete of best print and exceptions, and costly for some corporations to conform with.
Economists have not recognized any difficulties with command-and-manage environmental law. Command-and-control law has now not been very successful in protecting and cleansing the environment inside the united states of America. because externalities constitute a case wherein markets now don't forget all social fees however only a few of them, economists generally refer to externalities for instance marketplace failure.
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