An externality in business or economics is where an industrial activity has an unexpected side effect which does not figure in the cost of the goods and services involved. For example, I worked many years at a large mine. Just the existence of the mine there meant it was a no-hunting area so a side effect was that the moose used it as a refuge during hunting season which as a side effect was beneficial to the moose (and deer). Another example is that we used to crush mine rock for the haulroads for winter traction. As a result, it was found that the fines from this were concentrated with copper values so were put in the mill for processing-an unexpected outcome.
Answer:
mental and emotional disorders, health and behavioral problems, relationship issues
Explanation:
Answer:
<em>The theoretical minimum number of workstations are five workstations</em>
Explanation:
Given the total time available per day = 480 minutes
the cycle time which is the time required or spent to produce a unit can be obtained as;
Cycle time = Total time / Demand per day
Cycle time = 480 / 80 = 6 minutes
hence 6 minutes is the cycle time for one unit.
The theoretical number of stations can be calculated thus;
Theoretical number of stations = Time for one unit / Cycle time
= 30/6 = 5 workstations
<em>Therefore the theoretical minimum number of workstations are five workstations</em>
Answer:
Parts of Email:
Part 2 of the email is part of Introduction and Details as explained below.
Explanation:
Emails can be divided into six major components:
1. Subject Line: Proposed Agenda for November 6 Meeting
2. Greeting: Dear Ms. Stanford
3. Intro/Purpose: Please review the following agenda for our next shareholder meeting and recommend any changes.
4. Details: Agenda for our next shareholder meeting
• Rising stock prices
• Discussion of new investors
• Portfolios and new funding
• Introduction of new vice-president
5. Ask/Action: Please send any changes to the agenda to me by 3:00 p.m., November 3.
6.Closing/Sign-off: Many thanks, Thomas Thomas Gregory Financial Analyst Office: 854.454.4356 Fax: 435.458.9738 Cell: 834.435.8490
If the two nations trade, the trade price of wheat in terms of steel will be "greater than the domestic opportunity cost of wheat in alpha and less than the domestic opportunity cost of wheat in beta".
Opportunity cost speaks to the advantages an individual, financial specialist or business misses out while picking one option over another. While financial reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on wise choices when they have different choices available to them.
