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Rudik [331]
4 years ago
13

A company divides its production into several separate tasks, with different people performing each task. This company uses ____

_.
production costs
profit maximization
division of labor
Business
2 answers:
Gala2k [10]4 years ago
6 0
The company uses division of labor when they divides the production into several separate tasks, with different people performing it.
This is to make their production more efficient and effective. And to be able to produce what is the demand.
Pavlova-9 [17]4 years ago
4 0

A company divides its production into several separate tasks, with different people performing each task. This company uses division of labor. Division of labor is breaking up and assigning different parts of the manufacturing process or different tasks within the work flow to different people. Based on studies, it’s been proven that by dividing the labor in a business there are higher rates of efficiency. Each division specializes in their work areas and become subject experts.

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​Half of all your potential customers would pay $10 for your product but the other half would only pay $8. You cannot tell them
Alex73 [517]

Answer:

The expected profit is:

$5.

Explanation:

a) Calculations:

Profit from customers paying $10 = $6 ($10 - $4)

Profit from customers paying $8 = $4 ($8 - $4)

Expected profit  from customers paying $10, = $6 x 0.5 = $3

Expected profit from customers paying $8, = $4 x 0.5 = $2

Total expected profit = $5.

The expected profit is the profit from customers paying $10 weighted with probability plus the weighted profit from customers paying $8.  Adding the expected profit from each class of customers gives the overall expected profit combined.

3 0
3 years ago
Read 2 more answers
Robert and Mary file a joint tax return for 2020 with adjusted gross income of $34,000. Robert and Mary earned income of $20,000
erastova [34]
Josiah itdxiu ududyi puff
5 0
3 years ago
Because of the employing party's lack of control over the individual, which of these is not classified as an employee?
timofeeve [1]

Because of the employing party's lack of control over the individual, Independent contractor is not classified as an employee.

<h3>Who is an Independent contractor?</h3>

An independent contractor is an self-employed person or an organization contracted to perform work or provide services to another organization as a non-employee. As a result, independent contractors  pay their own Social Security and Medicare taxes.

In addition, legal entities using the services of an independent contractor are not required to provide them with employee benefits, such as employer-sponsored health insurance and  retirement accounts, that the legal entity may otherwise provide to its employees. Payers must correctly classify each payee as  an independent contractor or employee. Another term for an independent contractor is "freelancer."

To learn more about Independent contractor from given link

brainly.com/question/7429981

#SPJ4

6 0
2 years ago
Controls that regulate admission of users into trusted areas of the organization are commonly known as?
uranmaximum [27]

Controls that regulate admission of users into trusted areas of the organization are commonly known as access control.

Access control is a data security procedure that gives businesses the ability to control who has access to their resources and data. Secure access control employs policies to confirm users are who they say they are, and it makes sure users are given the proper access levels.

Access management refers to the procedure, while access control refers to the selective limitation of access to a location or other resource in the disciplines of information security and physical security. Consuming, entering, or using are all examples of the action of accessing. Authorization is the process of obtaining access to a resource.

Learn more about  access control here

brainly.com/question/27961288

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8 0
2 years ago
One of the more important business applications of demand elasticity is the relationship between price and total revenue. For ea
user100 [1]

Answer:

Part 1.  inelastic.

Part 2. inelastic.

Part 3. inelastic.

Explanation:

When the coefficient of elasticity of demand is less than 1, demand is inelastic, when it is equal to 1, demand is unitary elastic, when it is greater than 1, demand is elastic, and when it is equal to zero demand is perfectly inelastic.

Part 1

Price Elasticity of demand =  (dQ/dP) x P/Q

  Where : dQ = Change in Quantity

               dP = Change in Price

                 P = Initial or Old price

                 Q = Initial of Old Quantity

               dQ = $35,000 - $40,000 = - $5,000

                dP = $10 - $8 = $2

                  P = $8  

                  Q = $40,000  

Price Elasticity of demand = (-$5,000/$2) * $8/ $40,000

                       = 2,500 * 1/5000 = -0.5

Disregard the minus sign,  since elasticity of demand is less than 1, demand is inelastic.

Part 2

Price Elasticity of demand =  (dQ/dP) x P/Q

                dQ = $1,800 - $2,000 = - $200

                dP = $50 - $40  = $10

                  P = $40

                  Q = $2,000  

Price Elasticity of demand = (-$200/$10) * $40/ $2,000

                       = 20 * 0.02 = -0.4

Disregard the minus sign,  since elasticity of demand is less than 1, demand is inelastic.

Part 3

Price Elasticity of demand =  (dQ/dP) x P/Q

                dQ = $120 - $150 = - $30

                dP = $5 - $4  = $1

                  P = $4

                  Q = $150

Price Elasticity of demand = (-$30/$1) * $4/ $150

                       = 30 * 2/75 = - 0.8

Disregard the minus sign  since elasticity of demand is less than 1, demand is inelastic.

5 0
3 years ago
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