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3 years ago

Which basic economic question determines how a society will produce goods and services?

2 answers:

5 0

the three basic questions are:
1. who consumes the goods and services produced in society?
2. what goods and services should be produced?
3. how should goods and services be produced?

Galina-37 [17]3 years ago

4 0

I believe the answer is: What goods and services are produced?

Before we can determine how we should produce goods or service, we first need to determine the type of goods and services that are needed by the market. After knowing this, then we can see the resources availability in near us to determine the most efficient method to do the production.

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The Mixing Department of Complete Foods had 62,000 equivalent units of materials for October. Of the 62,000 units, 38,000 units

Art [367]

Answer:

Materials

62,000 equivalent units

Conversion

42,800 Equivalent untis

Cost of finished Goods

38,000 x (.75 + .55) = 38,000 x 1.3 = $49,400

WIP

24,000 x .75 = 18,000

4,800 x .55 = 2,640

Total WIP 20,640

Explanation:

Equivalent Units

38,000 complete

20% of 24,000 WIP = 4,800

Equivalent Units CC = 42,800

x .55 CC = 23540

Materials

62,000 x .75 = $46,500

6 0

3 years ago

During the beginning of the 21st century, the growth in computer sales declined for the first time in almost two decades. As a r

MAXImum [283]

Answer:

Answer for the question:

During the beginning of the 21st century, the growth in computer sales declined for the first time in almost two decades. As a result, PC makers dramatically reduced their orders of computer chips from Intel and other vendors. In general, the environment in which computer manufacturers operate is very uncertain; how should we expect this feature of the market to affect the length of contracts between computer manufacturers and their hardware manufacturers?

is given in the attachment.

Explanation:

4 0

3 years ago

The Berne Conventions provides for international protection of copyrights. True False

kolezko [41]

False thank me later guys :)

8 0

2 years ago

Question 5 of 10 What does the Occupational Safety and Health Administration (OSHA) do? O A. It requires employers to budget a c

masya89 [10]

Answer:

Explanation:

6 0

3 years ago

Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha

Anna11 [10]

Answer:

Break-event point

Product A 6,000 units

Product B 6,250 units

Explanation:

The break-even point is the level of activity that a business must operate to equate total revenue to total cost . At the break even point, the business makes no profit or loss., and the total contribution is equal to total fixed cost

The break-even point is calculated as follows:

Total general fixed cost/(selling price - variable cost)

Break-even point = 60,000/(22-12)=6000 units

Product B

Beak-even point = 75,000/(22-10)=6250 units

Break-event point

Product A 6,000 units

Product B 6,250 units

4 0

3 years ago