Answer:
Answer - A
Explanation:
SkillsUSA has an automotive "skill" in which students in high school can learn about the automotive industry.
Answer:
he opened a car company for a better tommorow
B. Formal training that combines classroom instruction with learning on the job.
That's how I've understood it when I took business in high school.
Answer:
Option (d) is correct.
Explanation:
If there is an improvement in the technology then as a result the producers will be able to produce more quantity of automobiles with the same level of resources. This will increase the supply of automobiles and shift the supply curve rightwards.
At the same time, the economy is experiencing a recession. This will reduce the income of the consumers and hence, the demand for automobiles also decreases. This will lead to shift the demand curve leftwards.
As a result of these shifts in the demand and supply curve, the equilibrium price will fall and the impact on equilibrium quantity is indeterminate because it will be dependent upon the magnitude of the shift of demand and supply curve.
Answer:
Determines cost based upon market price and desired profit.
Explanation:
Target costing can be regarded as an approach that allows to know
cost of a product through its life-cycle. It enables to know the cost needed to ensure functionality as well as quality of the product with a desired profit at the end of production. It should be noted that Target costing Determines cost based upon market price and desired profit.
