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Elena L [17]
3 years ago
9

A project layout is: Group of answer choices

Business
2 answers:
never [62]3 years ago
6 0

Answer: a fixed location layout where the product remains in place for the duration of production

Explanation: A project layout is defined as a fixed location layout where the product remains in place for the duration of production. In the project layout, the material, or major components for production remain in a fixed location, and equipment and tools, machinery, labor and other materials are brought to this location. It is suitable in the production of heavy products for which assembly parts are large and heavy therefore increasing transportation costs.

Oxana [17]3 years ago
5 0

Answer:

A project layout is:

a product-focused layout in which machines and workers are arranged according to the progressive sequence of operations

a process-focused layout that groups together similar equipment or functions

Explanation:

In a manufacturing facility, there are sequences of machine and human interaction from one stage to the other. Beginning from raw material to finished goods.

This sequence of processes must be concise and consistent to produce same quality and quantity across board.

Therefore, the project layout is

  1. A product-focused layout in which machines and workers are arranged according to the progressive sequence of operations
  2. A process-focused layout that groups together similar equipment or functions
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How do aggregate demand and aggregate supply differ from regular demand and supply?
o-na [289]

Answer:

A. Regular demand and supply describe the market for a single good, while aggregate demand and aggregate supply describe the combined market for all final goods and services

Explanation:

Aggregate demand measures the total demand for all finished goods and services produced in a country.

Aggregate supply is the sum of all goods and services firms are willing to supply at a given price

Demand is the amount of a good consumers is willing and able to buy at a particular price

Supply is the amount of a particular good suppliers is willing to sell at a particular price.

5 0
3 years ago
Which economic player is most closely associated with the dual role of consumer and producer?
Naily [24]
<span>worker

The </span>economic player that is most closely associated with the dual role of consumer and producer is the worker because he produces goods with his work, and so a worker is a producer, but he also consumes other goods, so the worker is also a consumer.
8 0
3 years ago
Choose and describe a business that you would expect to have highly liquid assets and share a photo of that business (or company
Slav-nsk [51]

Answer:

I have chosen Apple Inc.

Explanation:

Apple Inc is a tech giant and manufactures innovative and most differentiated telecommunication products, music products, computer products, application services, etc which is highly valued among its customers. That's the reason why Apple is one of the most highly valued company in the world with almost $137 billion cash balance. This cash balance has been increased by $20 billion in the last three years which shows its higher profitability and that its inventory is highly liquid asset because it is quickly converted into cash. Furthermore, the greater demand of product and customer loyalty has strengthen its position all because of unmatched innovation introduced in each of its product every year. The greater cash balance shows that the company has greater sales and has higher profit margin on its unmatched product.

The picture of Apple headquarter and of its logo are given below:

6 0
3 years ago
In a simple economy​ (assume there are no​ taxes, thus Y is disposable​ income), the consumption function is Upper C equals 1000
Oduvanchick [21]

Answer:

Autonomous consumption is <u>$1,000</u> and the marginal propensity to consume is <u>0.9</u>.

A consumer whose income increases by​ $100 will increase consumption by <u>​$90</u>.

Explanation:

Given C = 1000 + 0.9Y

Autonomous consumption refers to consumption expenditure of consumers that does not depend on income. Therefore, autonomous consumption is therefore the consumption expenditure made by the consumers when they do not have income or when income is zero (i.e. when Y = 0).

Substituting for Y = 0 into the consumption function, we can obtain autonomous consumption is follows:

Autonomous consumption = 1000 + (0.9 * 0) = 1,000

The marginal propensity to consume refers to the proportion of the increase in disposable income that is spent on the consumption of goods and services by a consumer. From the consumption function, the marginal propensity to consume is 0.9.

Since marginal propensity to consume is 0.9, a consumer whose income increases by​ $100 will therefore increase consumption by $90 (i.e. $100 * 0.9 = $90).

7 0
3 years ago
A nondiscriminating monopolist:
max2010maxim [7]

Monopolists do not prefer to produce in the when the demand for a good produced by them is inelastic. Option B is the correct answer.

  • It is common to observe that monopolists, avoid engaging production when the demand for their product becomes inelastic.
  • In order to understand this situation, it is important to address the meaning of inelastic demand.
  • The term 'inelastic demand' refers to a situation where the demand for a product does not increase/decrease (change) when there is an increase/decrease (change) in its price.
  • This does not lead to profits for a monopolist.
  • It is because, a firm will be able to secure profits by producing lower amounts of goods for a higher price when the demand is elastic.
  • Hence, when the demand is inelastic, the increase in the quantity will be sold at the previous standard price, leading to a fall in terms of the total revenue.

Therefore, it is clear that a monopolist will not produce when the demand for a good is inelastic.

Learn more about Demand Elasticity here:

brainly.com/question/5078326

#SPJ10

3 0
1 year ago
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