Since at least 1995 the majority
of increases in United States real Gross domestic product (GDP) are from Productivity
growth. Productivity growth is determined by measuring the rate of output per
unit of input (comparing the amount of goods and services produced with the
inputs which were used in the production).
Answer:
E) All of these choices are correct.
Explanation:
A sales budget estimates the total amount of goods and services that a company plans to sell during the next accounting period, it includes both units of goods or services and the money they should generate.
The direct labor budget estimates how much the company will spend in direct labor during the next accounting period. It includes the wage rate per hour and the hours needed to complete the production requirements.
The overhead budget estimates the expected costs for all production costs except direct materials and direct labor, it is divided into variable overhead per unit and fixed overhead per total production.
The production budget estimates the number of units that should be produced, it doesn't consider production costs nor selling price.
Answer: The price of the popular product will increase.
Explanation:
Since it is stated that the product is popular. It means that it has vaule to most therefore when the price increases most will still buy as long as it is in reason.
Answer:
The supply of produce could suddenly cease with the death or incapacitation of the farm owner.
Explanation:
I took the quiz and got the question wrong. That does make since though.
Answer:
No
Explanation:
Based on the information provided it can be said that No, Delta Tools Inc. does not have an ethical duty to remove the product from the market. Their ethical duty is to provide ample instructions and warnings for the user. If this is done correctly then the responsibility falls under the consumer to use the product as it is intended and protect themselves from any injuries that may occur due to misuse since they have been warned.