Answer:
Florida citrus growers say that the recent crackdown on illegal immigration is increasing the market wage rates necessary to get their oranges picked. Some are turning to $100,000 to $300,000 mechanical harvesting machines known as “trunk, shake, and catch” pickers, which vigorously shake oranges from the trees. If widely adopted, how will this substitution affect the demand for human orange pickers? What does that imply about the relative strengths of the substitution and output effects? LO2
The effect of the adoption of the mechanical pickers will be to decrease the demand for human pickers. If this occurs, the substitution effect will have been greater than the output effect.
Explanation:
Answer:
Bonds refer to debt instruments wherein the issuer raises long term finance and agrees to pay the lenders a fixed coupon rate of payments periodically and principal repayment upon redemption.
Bonds are characterized by following :
- Face value : This refers to the par value at which bonds are issued and coupon payments are fixed as a percentage of face value.
- Fixed rate of coupon payments: Bonds are characterized by a fixed rate of coupon payments i.e interest payments to the lenders periodically and obligatory. It may be paid semi annually or annually.
- Maturity : Bonds are to be redeemed by the issuer after a certain period ranging from, say 5 years to 20 years. This means the lenders will be paid back their principal upon such redemption.
- Credit Ratings: Bonds are issued with credit ratings such as AAA or AA or BB. AAA is considered to be the best rating. The higher the credit rating, the more attractive such bonds are to the investors as it indicates better credit worthiness of the issuer company.
- Issuer: The issuer refers to the agency or the company that issues bonds to the investors. Bonds may be issued by municipality, government or corporate firms. The terms differ accordingly.
Answer:
Security
Explanation:
you need it because it helps
Answer:
$360,000= direct labor
Explanation:
Giving the following information:
Direct materials used 144,000
Overhead applied 216,000
Total manufacturing costs 720,000
We know that the total manufacturing costs are calculated as follow:
Total manufacturing costs= direct material used + direct labor + allocated overhead
720,000= 144,000 + direct labor + 216,000
360,000= direct labor
According to Michael Porter :
- A sales channel is a strategy employed by a producer to market goods or services to final consumers. Depending on how things are delivered to customers, sales channels can be direct or indirect. With the aim of closing the sale, these channels can be platforms (online or offline), people, or partners.
- A further perspective is that a sales channel is a source of income for a manufacturer that facilitates the sale of goods or services.
- A business can sell its goods and services through direct channels like these.
- Kiosks: These are self-service points where customers may make purchases and payments. Display rooms.
- Sales staff, which the business employs to sell its goods to clients and customers.
<h2>What are the principles of a sales organization?</h2>
A sales organization is built on a few key organizational tenets that are closely related to the tenets of the entire business. These principles act like software, directing and regulating the organization's efficient operation. Principles assist the organization in pursuing its objectives and investigating market prospects.
<h3>What standards should a successful sales organization meet?</h3>
The management should be aware of the requirements for creating a successful sales organization before one is created. These are listed below:
1. The functions of the sales department should be clearly defined by the sales organization, and the activities of the salespeople and their superiors should be planned and coordinated in a logical manner.
Learn more about sales organization at :
brainly.com/question/12978625?referrer=searchResults
#SPJ4