The impact is An increase in sales revenue received by the firm.
Even though it's true that The elasticity of the demand indeed influence the price of the product on some level, Increase in worker's productivity will tend to always result increasing sales revenue regardless the type of demand a product has.
Answer:
The correct answer is letter "C": the Macro Islands have a comparative advantage in producing fishing boats, and the Micro Islands have a comparative advantage in producing guava jelly.
Explanation:
Comparative advantage is an advantage an individual, organization or country has to use <em>opportunity costs</em> in their production compared to their competitors. The scenario described above does not imply that the individual, organization or country has an absolute advantage.
In the example proposed:
- Comparative advantage of Macro islands in fishing boats =
- Comparative advantage of Micro islands in fishing boats =
- Comparative advantage of Macro islands in jars =
- Comparative advantage of Micro islands in jars =
Thus, <em>the Macro Islands have a comparative advantage in producing fishing boats, and the Micro Islands have a comparative advantage in producing guava jelly.</em>
Answer:
D. Level of optimism about the future
Explanation:
Answer:
$1,600
Explanation:
Revenue is recognized as and when the <em>control</em> of a good or service is transferred to the customer.
Total Hours = 10 hours × 8 weeks
= 80 hours
Use the <em>rate of pay at the utility office</em> to determine the contribution revenue for Red Wolf Society
Revenue = 80 hours × $20 per hour
= $1,600
Answer:
The answer is 13.84 percent
Explanation:
The formula for sustainable growth rate is:
(Return on equity(ROE) x retention rate)/1 - Return on equity(ROE) x retention rate
Retention rate = 1 - payout ratio.
So, retention rate = 1 - 0.24
= 0. 76
Return on equity(ROE)= 0.16
(0.16 x 0.76) / 1 - ( 0.16 x 0.76)
= 0.1216 / 1 - 0.1216
0.1216/0.8784
=0.1384
Expressed as a percentage:
13.84percent