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sveta [45]
3 years ago
6

The individual firm in a purely competitive labor market faces:

Business
1 answer:
Reptile [31]3 years ago
8 0

Answer:

The correct answer is D. perfectly elastic labor supply curve and a downsloping labor demand curve.

Explanation:

The basis of the model is the assumption that no player in the market is large or strong enough to be able to control the industry. There are many buyers and sellers, and each one is small. Companies can sell any amount of production at market prices. Companies in this form of market face a horizontal demand curve, and all companies produce a homogeneous product.

A large number of small sellers and buyers exist in this type of market. No entity is so powerful that it can change the face or direction of the industry. No company can produce any control over the price or quantity of the product. Although each company increase or decrease prices and production, the industry as a whole remains unchanged.

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When using ABC, costs can be gathered at different levels. These levels are all of the following except:_________.
Aleksandr [31]

Answer:

B. Journal entry-level

Explanation:

When using ABC, costs can be gathered at different levels. These levels are all of the following except "journal entry-level".

Therefore, costs can be gathered in Unit-level, Batch-level, Factory-level and even Product level.

Activity-Based Costing (ABC) is actually a costing method which tends to identify the activities that are carried out in organization and gives the costs of each activity to the products and services by what they actually consume.

3 0
3 years ago
Recommendation and conclusions you can make of xenophobia to the goverment
Katen [24]

The South African Congress of Nonprofit Organizations (SACONO) focuses on the anti xenophobia imbizo in Orlando, Johannesburg to evaluate modalities of re-integrating foreigners who were recently attacked by locals for supposedly grabbing jobs and imposing businesses targeted by the locals.

8 0
3 years ago
in the period after the first world war, the british economist john maynard keynes argued that quizlet
Firdavs [7]

Governments should increase spending in response to economic downturns.

First World War
World War I
, also known as the First World War and frequently abbreviated as WWI or WW1, was a significant global battle that lasted from July 28, 1914, to November 11, 1918. It was known as the "Great War" by its contemporaneous participants, who comprised most of Europe, the Russian Empire, the United States, and the Ottoman Empire. Battles were fought throughout Europe, the Middle East, Africa, and some regions of Asia. It was one of the bloodiest wars in history thanks to new technology, including the recent creation of the airplane, trench warfare, and particularly chemical weapons. An estimated 9 million soldiers perished in battle, and an additional 5 million civilians perished through famine, sickness, and military activity. 

To learn more about First World War
brainly.com/question/8535233
#SPJ4

6 0
2 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
klemol [59]

Answer:

A) EOQ = 208.56 units

B) Average inventory = 104.28 units

C) Optimum number of order = 28.76 times

Explanation:

Economic order quantity is the order quantity that minimizes the balance of ordering and carrying cost.

Economic order quantity = √2× 29× 6,000/8=208.56 units

Average inventory = Minimum stock level +  Order quantity/2

minimum stock level is not given , hence

Average inventory = 208.56/2 = 104.28 units

Optimum number of order

Optimum number of order = Demand / order quantity

= 6000/208.56= 28.76 times.

EOQ = 208.56 units

B) Average inventory = 104.28 units

C) Optimum number of order = 28.76 times

3 0
4 years ago
An executive committee of a company includes one CEO, one General Manager, 3 Assistant General Managers, and 4 Executive Manager
Vesna [10]

Answer:

A decision will be taken based on unanimous consensus which should be a fall out of constructive considerations of all the possible angles.

Explanation:

Under usual circumstances, the executive committee should comprise of the chairperson, vice-chairperson, secretary, and treasurer.

This, however, depends on the organization's corporate governance rules.

Decision making at the executive level in healthy organisations is not made based on one's ability to wield power or by the person or persons who wield the most authority.

The best decisions are those which uphold the highest logic. They should be taken regardless of who has suggested it for this is the attribute of superior minds - the ability to submit to a higher logic or solution regardless of its source.        

   

Cheers

4 0
4 years ago
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