The economic goals that central planned economies address are to supply enough food, housing, and other basic needs to anyone and everyone in the country. It also puts priorities on mobilizing for wars.
Answer:
B) Resources
Explanation:
Since Lavender Furniture sold high quality products and had an efficient management, it was able to acquire and manage several assets including a larger plot of land for its facilities, better machinery, more employees and a highly recognized brand name. All of these are valuable resources, most of them are tangible (land, machinery and labor), but they were also able to develop an intangible resource such as a highly recognized brand name which can really be valuable.
Answer:
The correct answer to the following question will be Option C.
Explanation:
- Throughout the macroeconomic equilibrium, the aggregate supply curve becomes equivalent to something like the supply curve, the real GDP seems to be comparable to potential Output (GDP), however, if frictional as well as systemic unemployment seems to be the maximum total poverty throughout the longer term.
- Consequently, whenever the economy seems to be in macroeconomic equilibrium, the argument which is not accurate would be that the businesses would have excess power.
So that Option C is the right answer.
Answer:
Business Management
Explanation:
With Her <em>Marketing Degree</em> she is able to sell and get the right Customers paying the right price. To run her department she needs knowledge of business operations in Human Resource, IT, Finance , Purchase and Supply and Accounting. The <em>Business Management</em> degree provides these disciplines as minimal.
Answer:
The old machine should be replaced.
Explanation:
Note: See the attached excel file for the the analysis showing whether the old machine should be retained or replaced.
From the attached excel file, the following calculation are made:
Variable Manufacturing cost of Retain = Initial Variable Manufacturing cost * remaining useful life of old machine = $592,600 * 5 = $2,963,000
Variable Manufacturing cost of Replace = New Variable Manufacturing cost * Remaining useful life of new machine = $505,500 * 5 = $2,527,500
From the attached excel, it can be observed that the total cost of Retain is $32,200 higher than the total cost of Replace. This therefore implies that the old machine should be replaced.
