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Scrat [10]
3 years ago
6

Curtis created his own restaurant equipment company, supplying the greater Denver area, five years ago. Until now, he has, never

worried about instituting a formal control system. Now, after the Great Recession, he is facing more cost-conscious restaurant owners. He has decided that a formal control system is needed. The first step Curtis should take is:_______________.A) design an accident report form so that he can keep accurate records of all accidents that occur. B) devise a set of clear performance standards. C) talk to his banker to set financial goals. D) draw up a formal organization chart.
Business
1 answer:
Amanda [17]3 years ago
7 0

Answer:

cocc

Explanation:

a

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Currently in​ Economica, the frictional rate of unemployment is 2.0​%, the structural rate of unemployment is 2.0​%, and the cyc
ollegr [7]

Answer:

7,5%

Explanation:

natural rate of unemployment is generally comprised of 3 unemployment types: structural rate of unemployment, cyclical rate of unemployment and frictional unemployment. This state exists even in a healthy environment commercially viable as workers will always seek for new jobs. At the time they leave to seek for new jobs, that period relates to natural rate of unemployment of the country or state.

so we add, frictional rate plus structural rate plus cyclical rate to get the figure for natural rate of unemployment.

6 0
3 years ago
In the Land of Milk and Honey, they produce two goods: Milk and Honey. In 2014, milk cost $2 a gallon and they produced 10 gallo
Harman [31]

Answer:

Land of Milk and Honey

The real GDP in 2014 is:

= b. $40.

Explanation:

a) Data and Calculations:

                                         Milk           Honey            Total GDP

Cost per gallon in 2014   $2                 $1

Quantity produced           10                 20

Total production value  $20 ($2*10)  $20 ($1*20)    $40 ($20 + $20)

Cost per gallon in 2015   $2                 $1

Quantity produced           12                 24

Total production value  $24 ($2*12)  $24 ($1*24)    $48 ($24+ $24)

Cost per gallon in 2016   $2.50              $1.25

Quantity produced           12                   24

Total production value  $30 ($2.50*12)  $30 ($1.25*24) $60 ($30 + $30)

The real GDP in 2014 is the calculated value of $40.  Using 2015 as the base year, there is no inflation since the unit prices of milk and honey remained the same in both years.

6 0
3 years ago
The primary objectives of control over inventory are
Morgarella [4.7K]

Answer: The correct answer is to safeguard the inventory and reporting the inventory on the financial statements.

Explanation: One of the primary objectives of control over inventory is to safeguard the inventory from damage or theft. The second objective is to report the inventory on the financial statements.

4 0
3 years ago
Consider the market demand and supply for eggs. Assume that the market for eggs is perfectly competitive. Suppose that egg produ
In-s [12.5K]

Answer:

The quota system is not efficient since the total supply is less than the equilibrium quantity. This will produce a deadweight loss which equals the lost supplier surplus plus the lost consumer surplus. The deadweight loss s the area between the demand and supply curve, and between the imposed quota and the equilibrium quantity.

Graph 1 shows the market equilibrium while graph 2 shows the deadweight loss.

3 0
3 years ago
Gross Domestic Product (GDP) includes _____ goods and services.
Elena L [17]
Last year's goods and services.

3 0
3 years ago
Read 2 more answers
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