Answer:
To boost or increase productivity.
Explanation:
Boosting or increasing productivity means that products and services are rendered effectively and efficiently to meet the demands consumers. Thus when a country improves its educational skills taught in schools to meet or match the skills employers are looking for helps improve productivity in the sense that employees are able to do specific jobs and functions demanded by employers because they have been trained with the specific skills the job demands.
Boosting productivity increases the output of production there by causing an increase in the inputs of production processes and with this increased growth productivity, the economy produces more goods and at the same time consumes more there by yielding increase in the amount of work done or produced. When productivity is boosted, it causes an increase in the growth of an economy.
In macroeconomics, excludability means that sellers can restrict people who do not pay for the product from obtaining its benefits.
Such as, if you want to see a concert at a venue, but you did not purchase tickets if the concert is held inside you are not able to go in and watch the show. You must pay for the good or service you are wanting in order to have access to it.
Answer:
Check the explanation
Explanation:
Percentage-of-completion(2013 + 2014) - Completed contract(2013 + 2014) * 1 -.40
= $500,000 + $ 250,000 - $300,000 +$200,000 *0.60
=$750,000-$500,000 * 0.60
=$250,000 * 0.60
=$150,000 to record the income effect
Answer:
PV = 1414
Explanation:
The pictures attached below shows the full explanation for the problem and it is so explanatory. i hope it helps you, thank you
Answer:
A) the firm cannot breakeven.
Explanation:
Break even point is the point where the company make neither a loss nor profit (i.e. a point where profit is zero).
Break even is computed as Totatl fixed cost/Contribution Margin (ratio).
Contribution margin can be calculated as Sales - Variable Cost (Note that this can be calculated per unit or in total).
In this scenario, the contribution per unit = $150-$200 = -$50 (<em>This means that on every one unit, the company is making a loss contribution margin.</em>
<em>And since the revenue and cost curve is linear (i.e. on a straight line) the loss contribution will continously be made. </em>Hence the company can never break even.
