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lorasvet [3.4K]
4 years ago
12

What is the basis for economics

Business
1 answer:
loris [4]4 years ago
7 0
One basis for economics are science of choice.
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Kono corp. , an american company, is trying to decide whether to open its first international branch in europe or asia. The mana
scZoUnD [109]

The managers of Kono Corp., which is an American company trying to open a branch in Europe or Asia are operating under a condition of <u>D. uncertainty</u>.

<h3>What is uncertainty?</h3>

Uncertainty refers to situations where the information is imperfect or unknown. When operating under uncertainty, some evaluations need to be undertaken to close the information gap.

<h3>Answer Options:</h3>

A. goal displacement.

B. illusion of control.

C. social reality.

D. uncertainty.

Thus, the managers of Kono Corp. are not operating under goal displacement, the illusion of control, or social reality, but it is operating under conditions of uncertainty.

Learn more about Uncertainty at brainly.com/question/3998745

6 0
3 years ago
Drew's company. Ace High sells customized sets of poker chips. he is developing a plan for next year on a quarterly basis. the e
Furkat [3]

Answer:

a) it will first use overtime production and then, subcontract competitor

b) It will produce 650 units during overtime

c) it will purchase 100 units via subcontracting

d) considering the outsource production, the company could be able to produce and sale 1,100 extra units As the subcontractor can produce up to 300 sets per uarter giving a capacity of 1,200 per year and we only use 100 sets.

Explanation:

The company will operate at full capacity thus, producing 450 per uqarter now we need to check if it is better to do overtime or to outsource:

$50 cost of set produced in overtime.

storage cost $7

Total: $57 dollars

outsource $85

<em>It is better to produce and store rather than outsource.</em>

Q1 600- 450 = 150 units

The company will produce his <em>overtime of 300 units</em>

150 - 300 =<em> 150 set are stored to next quarter.</em>

Q2 700 - 450 = 350 units

350 units - 150 stored - <em>150 overtime</em> = <em>50 outsource</em>

Q3 600 - 450 = 150 units

there is no store and no overtime available thus, all are <em>outstource</em>

Q4 700 - 450 = 250 units

250 - <em>200 overtime</em> = <em>50 outsource</em>

8 0
4 years ago
ou just won $80,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 9% pe
KatRina [158]

Answer: $3,866,182.89

Explanation:

The winnings in 45 years are the future value of the $80,000 that you just won based on the return rate of 9%.

Future Value = Present Value ( 1 + return) ^ number of years

= 80,000 ( 1 + 0.09) ⁴⁵

= $3,866,182.89

Lottery winnings will be worth $3,866,182.89 when you retire.

8 0
3 years ago
Service processes usually have: Group of answer choices low levels of capital intensity. physical, durable output. output that c
34kurt

Answer:

low levels of capital intensity

6 0
4 years ago
A company completes 21,000 units this month and has ending goods in process inventory of 3,000 units which are estimated to be 4
NikAS [45]

Answer:

The correct answer is $136,500.

Explanation:

According to the scenario, the given data are as follows:

Complete units = 21,000 units

Direct material cost per EUP = $5.00

So, direct material cost = 21,000 × $5 = $105,000

Conversion cost per EUP = $1.50

So, conversion cost = 21,000 × $1.50 = $31,500

So, we can calculate the cost transferred to finished goods by using the following formula:

The cost transferred to finished goods = Direct material Cost + Conversion Cost

= $105,000 + $31,500

= $136,500

Hence, the cost transferred to finished goods is $136,500.

3 0
4 years ago
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