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3 years ago

8

The knowledge and skills acquired by a worker through education and experience is a description of which factor of production? p

hysical capital human capital labor entrepreneurship

1 answer:

Marta_Voda [28]3 years ago

6 0

Answer:

human

Explanation:

I took the test

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To compose simple messages, you may need only to make a scratch list of your ideas before writing. Many messages, however, may r

Rama09 [41]

Answer:

The sub-points that I should include in the outline are:

c. Safety, communication, cleanliness

Explanation:

Free wireless internet will aid communication. Cleanliness is important for high-end linens, double-thick bath towels, silk pillowcases, Raw silk curtains with gold embellishments, etc. In the same way, safety consideration is important for any hotel with four-star rooms, serving imported beer, fresh-squeezed juices, food and drink, etc. both in their preparation and ultimately in serving them to guests.

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4 years ago

Luxury car makers announce a fall in next year's price of a luxury car and an increase in the ease in which credit can be obtain

ivolga24 [154]

Answer:

Demand for luxury cars will decrease massively today.

Explanation:

Demand for Luxury items is highly Elastic (>1). This means that quantity demanded will respond proportionately higher to price change.

Future Expectations about price also determine demand.

If prices are expected to fall in future, demand will decrease today (postponed at future lower prices). If prices are expected to rise in future, demand will increase today (reduced at future higher prices).
However its important that these are not necessity goods, whose consumption urgency makes their demand inelastic i.e less respondent to price.

So : Luxury Cars having Elastic Demand, coupled with future lower prices & better credit facilities - will reduce their demand massively today, as it's expected to be highly demanded in future period rather than current period

3 0

4 years ago

You are going to the movie theater with your grandparents and your younger brother. Senior citizen tickets cost $6, your ticket

kipiarov [429]

Answer:

Total expenditure for the trip = $36.25

Explanation:

You are going to the movie with your younger brother and grandparents.

Senior citizens tickets cost $6 while your tickets cost $6.25 and your younger brothers ticket cost $4.25 .

Also there is an additional expenditure due to buying soda and popcorn and it costs $20.

Now we have to find the total cost for your trip to the movie theater.

For that we just need to add all the expenditures.Hence,

Total cost = 6 + 6.25 + 4.25 + 20 =$36.25

This is the total expenditure for the trip.

4 0

4 years ago

The calculation of diluted earnings per share assumes that stock options were exercised and that the proceeds were used to buy t

dusya [7]

Answer:

The correct answer is (A)

Explanation:

Diluted earnings per share is a technique which is used by firms and organisations to measure the equality of earning per share (EPS). Similarly, various procedures are used to measure (EPS), the diluted earnings per share uses the average market price of the current or the reported period to buy treasury stocks to exercise stock options.

4 0

4 years ago

Head-First Company had planned to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes

aksik [14]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Sales= 5,000 units

Selling price= $75

The unit variable cost= $45

Total fixed cost equals= $49,500

Operating income at 5,000 units sold is $100,500.

Degree of operating leverage= 1.5

Now Head-First expects to increase sales by 10% next year.

1) % Change on income= ?

We know that the degree of operating leverage is calculated by the following formula:

degree of operating leverage= %change in income/ %change in sales

1.5= %change in income/0.10

0.15= %change in income

15%= %change in income

2) Net operating income

Sales= 5,500*75= 412,500

Total variable cost= 5,500*45= (247,500)

Contribution margin= 165,000

Fixed costs= (49,500)

Net operating income= 115,500

Change in income= (115,500 - 100,500)/100,500= 0.1493= 14.93%

5 0

3 years ago