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noname [10]
3 years ago
8

The allocation of scarce goods or service; based on the scarcity problem that we all face, involves the consideration of one of

the following Economic valid factor, so the opportunity cost of a city block used for a parking lot in an expensive City compare to a small town- would be___________
Business
1 answer:
Margarita [4]3 years ago
5 0

Answer:

The opportunity cost of a city block used for a parking lot in an expensive city compare to a small town would be MUCH HIGHER.

Explanation:

Resources are scarce, and the scarcer they are, the more expensive they tend to be. A city block used for parking space in a large city is worth a lot of money, while a similar lot in a small town would be worth much less. The demand for land in a large city is much greater and the availability of land is much lower.

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For effective internal control, the purchasing manager generally should:
grin007 [14]

Answer:

C) Be responsible for negotiating terms with vendors.

Explanation:

In order effective internal controls, different employees should have different roles in an organization, they should have segregated duties.

For example; an employee of the purchasing department is responsible for searching for new vendors that comply with the organization's requirements. The purchasing manager is responsible for negotiating the price of supplies and materials. The production department is responsible for requesting new supplies or materials. The finance department is responsible for writing down checks. The general manger signs the checks after reviewing supporting information.

6 0
3 years ago
Hilary was put on a new team by her manager. Ever since she shifted teams, Hilary has felt energized and motivated toward higher
Marta_Voda [28]

Answer:

Hilary was put on a new team by her manager. Ever since she shifted teams, Hilary has felt energized and motivated toward higher performance because her friends work on the same team. She and her friends work together to come up with creative ideas and solutions to problems. In the given scenario, Hilary's manager recognized that <u>social facilitation</u> was most likely to produce a positive work life change for Hilary.

Explanation:

Social facilitation is defined as enhacement in individual production when working with other people rather than alone. Compared to their performance when alone, when in the presence of others, they tend to perform better on simple or well-rehearsed tasks and worse on complex or new ones.

3 0
3 years ago
Since Anytime Pizza is open 24 hours a day, its pizza oven is constantly on and is, therefore, always using natural gas. However
netineya [11]

Answer: Mixed cost

Explanation:

The cost of the natural gas is a mixed cost. A mixed cost is the cost that combines two types of costs (fixed costs and variable costs). A mixed cost is made up of a fixed cost that doesn’t change when production volume changes and also the variable cost that changes when production volume changes.

Mixed costs are also known as semi variable cost. The natural gas is used constantly with the expense incurred on it continuous, therefore it's a fixed cost. Also, when there is no pizza, the usage of natural gas decreases so it's a variable cost. Since it has attribute of fixed and variable cost, it's a mixed cost.

6 0
3 years ago
Read 2 more answers
Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea
Oxana [17]

Answer:

The correct answer is:

True

Explanation:

The business cycle is a model that let see how the GDP of a country changes through time. Business cycle is classified in four different stages peak, trough, contraction, and expansion. These kind of fluctuations normally occur in the trade, production and all the economic activity of a country. The business cycle refers to the changes or fluctuations that can be experienced in the economic model measured by the GDP (Gross Domestic Product) and it is reflected in the increases or decreases in economy.

7 0
3 years ago
Greg had selected 8 intervals total to service. He logged in on time for each interval, but ended up logging out 5
inysia [295]

Answer:

The resulting CA percentage for the week to the nearest number is 94%

Explanation:  

CA refers to Commitment Adherence.

Commitment Adherence (CA) is a way to calculate the reliability of an employee in relation to how much time they put into their work.

Put differently, it is a mathematical comparison between how much time you stated that you were going to work versus the actual amount worked. This concept is prevalent with people who use clock-in and clock-out system to measure productivity.

Step 1

The formula for calculating Commitment Adherence (CA) is:

(Serviced Minutes - Excused Non-Serviced Minutes) / (Posted Minutes + Released Minutes)

When you log out at about 5 minutes early it translates to 83% because each interval is 30 minutes. So 23/30 = 83%

Step 2

There are 8 intervals. 5 of them are 100% each. Thus total intervals for the week equal

(5*100%)+(3*83%) =

7.49 *30 = 224.7

Total number of intervals selected =

8*30 = 240

Therefore commitment adherence = 224.7/240

= 0.94%

Cheers!

6 0
3 years ago
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