Erin has been asked to maintain a "live" website. therefore, she needs to _________

Scarcity is the most basic problem in economics true or false

Rasek [7]

True.

I hope this helps! :)

5 0

3 years ago

Imagine that you work in a call center. Your manager tells you that you need to answer 25% more calls per hour. In order to do t

vesna_86 [32]

Answer:

By answering more phone calls but providing worse service, you ARE being EFFICIENT but NOT <u>SATISFY CUSTOMERS' NEEDS</u>.

Explanation:

A worker's efficiency is measured by the total output per hour of labor. In this case, since you are answering more calls per hour, your efficiency is increasing (higher output per hour).

The quality of the service provided by a worker's is measured by the quality of their output (or performance), and if you satisfy your customers' needs. Since the service that you are providing is not that good, then your quality levels are decreasing.

You may be producing more services, but the services produced lack good quality.

5 0

3 years ago

Concord Corporation reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw mate

jek_recluse [69]

Answer:

Concord Corporation's cost of goods manufactured for the year is $2,490,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is given below:

= Opening Work in progress inventory + Direct material used + direct labor + manufacturing overhead - ending work in progress inventory

In the given question, the direct material used is not given, so we have to compute it. The formula is given below:

= Opening balance of raw material inventory + Purchase of raw material - ending balance of raw material inventory

= $300,000 + $930,000 - $480,000

= $750,000

And, the other values will remain the same.

So, the answer would be equal to

= $1,080,000 + $750,000 + $870,000 + $690,000 - $900,000

= $2,490,000

Hence, Concord Corporation's cost of goods manufactured for the year is $2,490,000

3 0

4 years ago

In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. T

Mamont248 [21]

Answer:

D) 137000 39000

Explanation:

Allen 140,000

Daniel 40,000

Capital before admission 180,000

share ratio 3:1

Capital after admission:

180,000 + 40,000 = 220,000

David participation: 20%

220,000 x 20% = 44,000

David investment 40,000

goodwill: 4,000

There is a difference in goodwill which will be supported for the old partner as their current share ratio

Allen 4,000 x 3/4 = 3,000

Daniel 4,000 x 1/4 = 1,000

Capital after David admission:

140,000 - 3,000 = 137,000

40,000 - 1,000 = 39,000

6 0

3 years ago

The demand curve suggests that an auto manufacturer will sell 20,000 Mercedes-Benz M-Class vehicles when they are priced at $50,

andrew11 [14]

Answer:

c. -3.07

Explanation:

price elasticity of demand = % change in quantity demanded / % change in price

% change in quantity demanded = (27,000 - 20,000) / 20,000 = 0.35 = 35%
% change in price = (45,000 - $50,800) / $50,800 = -0.114 = 11.4%

price elasticity of demand = 35% / -11.4% = -3.07 or |3.07| in absolute terms

since the price elasticity is higher than |1|, then it is price elastic, which means that a 1% change in price will change the quantity demand in a higher proportion.

5 0

3 years ago

Erin has been asked to maintain a​ "live" website.​ therefore, she needs to​ __________.

Erin has been asked to maintain a "live" website. therefore, she needs to __________.