Answer:
D) You should include only the amount by which your room-and-board expenses exceed the expenses for rent and food if you were not in college.
Explanation:
If you decide not to go to college you might be making a mistake, but you will still be alive, and you would also need to spend money on food and shelter. The only exception here is you decide to enter the Army, then your living expenses will be extremely low.
That is why you need to include only room and board expenses that exceed your normal living expenses.
Answer:
The marginal product for the third worker is 150 packets
Explanation:
Marginal product is the change in the output of a firm as a result of an additional input or factor of production. These additional inputs may include materials, labor etc.
The Marginal product for the third worker can therefore be calculated as
change in Total product / change in labour
change in total product = New packets of senior portrait - old packets of senior portraits ( 600 - 450) = 150
change in labour ( 3 - 2 ) = 1
150/1 = 150 packets
Answer:
The correct answer is the option A: True.
Explanation:
To begin with, a <em>management control system</em> is understood as an ensemble of different subsystems that work with each other in order to cooperate to do the task and obtain the objectives that the user is looking for. In this case in particular, this type of system focus primarily in the objective of gathering data with the purpose of using it to evaluate the performances of the members of the organization so that would help the manager to take decisions when he has to. That is why that this system is a logical integration of techniques that would ensemble data to be used.
Answer: <u>"A. Just-in-time inventory"</u> is a system for managing demand-dependent inventories that minimizes the inventory holdings of the firm at any given time.
Explanation: The Just in time system is an inventory maintenance policy at the lowest possible level where suppliers deliver just what is necessary at the time necessary to complete the production process. In this way, we seek to reduce the costs of maintaining higher inventories, purchasing costs, financing of purchases and storage.
Answer:
Freezer 2 is the better option because it has higher present worth.
Explanation:
