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4 years ago

Four effects of financial irresponsibility

1 answer:

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Effect 1: Your money will plummet down
Effect 2: you won't have much to invest to help you get back economically
Effect 3: Your business with foreclose
Effect 4: Your house bills won't be paid because your business was closed.

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Productive inefficiency could arise from a. a waste of available labor b. a lack of resources c. an improvement in technology d.

kolezko [41]

Answer:

The correct answer is a. a waste of available labor.

Explanation:

Productive efficiency (also known as technical efficiency) occurs when the economy is using all its resources efficiently, producing maximum production with minimum resources. The concept is illustrated in the Production Opportunity Frontier (FPP) in which all points of the curve are the points of maximum productive efficiency (that is, no more products can be achieved from the present resources).

This happens when the production of an economic good is achieved at the lowest possible cost, given the production of another good (s). In other words, when it is achieved, given the need to produce other goods, the highest possible productivity of a good. In a situation of long-term equilibrium for markets in perfect competition, it is where the average cost is the base on the average of the total cost curve, that is, the cost curve where CM = A (T) C.

6 0

4 years ago

A marketing campaign makes unsubstantiated claims for the product it is promoting. Under ________, such advertisements would be

vredina [299]

Answer:

Section 5 of the FTC Act

Explanation:

Section 5 of the FTC Act prohibited companies to make "deceptive actions" during all activities in a commerce.

In marketing, this section of the Act prevented companies to falsely promoting their products. They're required to truthfully listed all ingredients of the product and banned from making claim that are misleading to the consumers.

For example, you can't claim a drug that you sell can cure cancer without proper authorized researches to back it up.

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4 years ago

During January, the production department of a process operations system completed and transferred to finished goods a total of

amm1812

Answer:

$ 3.7167

Explanation:

Given:

Number of goods completed and finished = 78,000 units

Additional units produced = 9000

Number of units completed from the additional units = 65% of the units produced

i.e 0.65 × 9000 = 5,850 units

therefore, the total units completed = 78,000 + 5,850 = 83,850 units

Labor cost for the beginning inventory = $ 21,650

Direct labor cost = $ 290,000

Therefore, the total labor cost = $ 21,650 + $ 290,000 = $ 311,650

thus,

Direct Labor Cost per Unit = ( Total labor cost ) / ( Total completed Units )

Direct Labor Cost per Unit = $ 311,650 / 83,850 = $ 3.7167 / unit

Hence,

<u>the direct labor cost per equivalent unit for the department = $ 3.7167</u>

4 0

3 years ago

Select the true statement(s) about entrepreneurs. Entrepreneurs usually wind up making a lot of money. A small business owner ma

charle [14.2K]

Answer:

Answers B,C, and D are all correct.

Explanation:

An entrepreneur is anyone who organizes and operates a business and takes on great financial risks, usually when we envision an entrepreneur we see a business tycoon sitting on top of a mountain of money, but this is not the case the majority of the time. this means the only answer that doesn't fit the entrepreneurial criteria is that they make a lot of money.

6 0

4 years ago

In a 1927-32 Western Electric Company study on the effect of lighting on worker productivity, productivity increased with each i

Kisachek [45]

Answer:

The answer is: B) the placebo effect

Explanation:

The placebo effect occurs when people experience a benefit after an inactive substance or treatment is administered to them. The Hawthorne Experiment led to a variation of the placebo effect which is called the Hawthorne Effect.

The Hawthorne Effect occurs when the study subjects respond to the mere attention paid to them by the study personnel. The study subjects react positively just because they are being part of an experiment.

5 0

3 years ago