Answer:
Total revenue is the total amount of income that a firm obtains from selling goods or services. Average revenue is the average amount of income that a firm obtains for each unit of product , and marginal revenue is the extra amount of revenue that the firm obtains from the sale of one additional unit of product.
These three types of revenues have several relationships, for example, if total revenue increases more than total quantity, it means that marginal revenue is high. Another relationship is between marginal revenue and average revenue: when average revenue decreases, marginal revenue increases and viceversa.
Answer:
The answer is: Union shop
Explanation:
Union shop refers to an agreement between a company and a labor union making it mandatory that all employees must belong to the labor union or if they are hired recently, they must join the union within a certain period of time.
In this case the time given to Max was 8 weeks for him to join the union or he would not be able to work there.
Answer:
In Utah’s Arches National Park we can see many interesting shapes like this one. Many different things helped to shape this arch: earthquakes, rivers, freezing water, and wind. Only one of these made the surface of the arch smooth and rounded. That was
Explanation:
Answer:
Direct Materials EU = 165,000
Direct Labour EU = 144,000
Explanation:
Equivalent Units (Weighted Average Method) = Beginning Goods In process + Units Completed + Ending Goods x % of completion
Direct Materials: 25,000 + 110,000 + 30,000 x 100% = 165,000
Direct Labor: 25,000 + 110,000 + 30,000 x 30% = 144,000
Remember: In the weighted average cost system the units in process at the beginning are count as a full equivalent unit of production.
Answer:
All options are correct.
Explanation:
Innovation and Learning cannot solely be measured by training. Additionally the organization should make sure that the employees are productive. Organization should make sure that employees are satisfied with their jobs in order to retain them in the organization.
The performance measure are listed below.
- Employee turnover rate.
- Percentage of positions filled with internal applicants.
- No. of employees having professional certification.
- Employee satisfaction.
- No. of suggestions produced by employees.
- Training hours per employee.
- Training dollars spent per employee.
- Technology being spent per employee.
- Revenue and income per employee.
