Answer:
This is a part of my Economic Resources doc and I'm not sure about the second part of the question but I hope it helps!
Explanation:
Ｅｃｏｎｏｍｉｃ Ｒｅｓｏｕｒｃｅｓ
For a firm (producer) to make any product, it needs to use ECONOMIC RESOURCES. These are INPUTS to be used together or combined efficiently to produce goods/services.
Ｗｈａｔ ｙｏｕ ｎｅｅｄ ｔｏ ｋｎｏｗ：
What is a PRODUCER?
a person, franchise, brand or country etc. that makes, grows, or produces goods and services for sale to customers or consumers.
What is a RESOURCE?
a stock or supply of goods, materials, and products that can be bought by a person or organization in order to function effectively.
What is an ECONOMIC resource?
Natural supplies that can be used to make a product. It is important for the success of the company.
Ｃｌａｓｓｉｆｉｃａｔｉｏｎ ｏｆ Ｅｃｏｎｏｍｉｃ Ｒｅｓｏｕｒｃｅｓ：
Natural resources (LAND)
Natural resources are ones who are not man made and are there naturally. This could be land, light, water, electricity, etc.
Human resources (LABOUR)
Capital resources (CAPITAL)
Entrepreneurship (ENTERPRISE)
Answer:
c. not affect the bond's duration.
Explanation:
The bond duration measures the sensitivity of a bond's price to change in the interest rate. It is a linear measure of those years in which the repayment of the principal is due. the change in interest rate does not affect the duration of the bond.
On the other hand decrease in interest rate would increase the bond's PV and Price of the bond as well.
Payment frequency would not change with the decrease interest rate.
The Coupon rate will also remain the same whether the interest rate increases or decreases.
Answer:
$612,230
Explanation:
Since in the question it is mentioned that the company used the job order cost system for production of specialty patio furniture
Also there is various balances mentioned in the question
Now the total of all open job order cost is equivalent to the work in process amount i.e. $612,230 and the same is to be considered
Hence, the total is $612,230
Answer:
Identify whether each of the following events in this scenario occurs in the resource market or the product market.Event - Resource Market - /Product Market
1. Cho spends $10 to buy a box of aspirin.
Purchase of goods In the product market. Cho(families) purchase from a Firm
2. Bob spends $225 to purchase medical services from the Medical Clinic.
Purchase of services In the product market. Bob(families) purchase from a Firm
3. Cho earns $600 per week working for the Medical Clinic
Resource market. Families offer their labor to firm in exchange of cash
Inflow from a firm into households:
a. The $225 per week Bob earns working for Pillmart Pharmacy
c. The aspirin Cho receives The firm provide with output
Explanation:
A flow of goods or dollars from the firm (Medical Clinic) into the household:
would be either the services and good the clinic offers or the amount paid to the household for rent, wages and interest in return of the factor of production
Answer:
The correct answer is letter "A": True.
Explanation:
<em>Social media</em> can be useful for different purposes but is <em>not the best platform through which executives should provide employee appraisal</em> because of its informal character. There are some other dynamic approaches such as 360-degree feedback in which not employers but also coworkers can rate employees' performance in their work frame, being this one of the most effective methods to boost their efficiency.
