Depends are we talking capitalism, or socialism.
In capitalism there is no government intervention in the Economy, no laws, nothing.
In socialism, the government controls all of the economy, Tarriffs, Hours, etc.
So the government is supposed to play the middleman to help the people, but also the businesses, as such the united states had introduced less work hours, to help increase the productivity of the workers, which did indeed work.
Answer:
B.utilizing its total assets more efficiently than Sam's
Explanation:
Dee's has a fixed asset turnover rate of 1.12 and a total asset turnover rate of 0.91. Sam's has a fixed asset turnover rate of 1.15 and a total asset turnover rate of 0.88. Both companies have similar operations.
Based on this information, although Sam seems to be utilizing its fixed assets more efficiently, <u>Dee's must be doing utilizing its total assets more efficiently than Sam's</u>
<u>The fixed asset turnover ratio is an efficiency ratio that measures a companies return on their investment in property, plant, and equipment by comparing net sales with fixed assets. In other words, it calculates how efficiently a company is a producing sales with its machines and equipment.</u>
Dee's has a total asset turnover rate of 0.91 compared to a total asset turnover rate of 0.88 by Sam. Hence Dee's efficiency is higher.
Answer: B. Jean
Explanation:
Having Absolute Advantage in the production of a good means that you can produce more of that good given the same resources or at least the same Quantity as others given lower resources.
From the scenario above therefore, Jean has the Absolute Advantage in producing Cakes as Jean can bake 12 cakes in an hour while Vincent can only bake 10.
Answer: A glass ceiling
Explanation:
A glass ceiling is basically refers to the hidden barrier that monitoring the women advancement and also the minority level based on the leadership position, careers and also the discriminate in the workplace.
According to the given scenario, the given situation suggesting about the presence of a glass ceiling in the Li's organization due to the discrimination in the workplace on the basis of achievement an also the high qualification.
Therefore, Glass ceiling is the correct answer.
Answer:
opportunity cost
Explanation:
When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the opportunity cost of investing in physical capital.
