Answer:
Systematic management
Explanation:
Systematic management is an approach of management which focus on the process of the management instead of the final outcome. The objectives of this approach to the management are:
To establish the particular procedures and processes to be used in the completion of the job task.
So, the systematic management is the one which focus on the internal operations as managers are concerned with the growth brought about through the Industrial Revolution.
Answer:
2) Set the price of each piece of furniture equal to the marginal cost of producing it.
Explanation:
What happens in two-part tariff is that the producer recovers the entire cost of producing by charging price equal to the marginal cost.
This helps him recover cost and the entire fee the producer charges results in profits eventually. Hence, the profits is the consumer 'surplus' that we calculate given that the price of product is equal to marginal cost.
So answer here is 2- Set the price of each piece of furniture equal to the marginal cost of producing it.
It'll help you set your priorities, and your main focus on what you'll be doing or where you'll be going in the near future.
Answer:
D. rise by $1 million
Explanation:
For Fed if it purchases any security from any other bank then the balance of deposits will increase accordingly with such value in Fed.
As Fed is a central bank, it will be termed as reserves in the books of bank accordingly its reserves will increase as Fed has made investment in it.
Although, the deposits of Fed will also increase as because by purchasing the securities its cash in hand decreases and it tends to increase the deposits, by the same.
Therefore the deposits will increase by $1 million only.
