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2 years ago

HELP A business function that includes all business activities that involve money is

1 answer:

6 0

FINANCE is one of the four functions of business. it includes all business activities that involve money. production is another function it is any activity related to making a product.

ANSWER: Finance

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Fabian’s factory produces and sells computers and gaming consoles. Over time, he determined that he could produce gaming console

Alona [7]

Answer:

D. Opportunity cost.

Explanation:

Based on the question, the only information we have to know what led Fabian's decission is the fact that it is more profitable for him to produce gaming consoles than computer systems.
Then, for him, it is costly to produce computer systems in terms of the earnings he would set aside if he does not produce gaming consoles (because he is producing computer systems instead).
Then, the opportunity cost of producing computer systems it is high: he could be earning more by producing gaming consoles.
Then, based on the opportunity cost, he decides to produce only gaming consoles.

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3 years ago

As the number of firms in an oligopoly increases, a. the total quantity of output produced by firms in the market gets closer to

Aleksandr [31]

Answer:

A is the correct answer.

Explanation:

Oligopoly is the market form in which a small number of large sellers dominate. It results in the reduction of the competition and leads to higher prices for consumers. they have their market structure. In oligopoly each firm stays aware of others, hence their decisions influence others and vice versa. The developed economies are dominated by Oligopolies. For example, if the total market share of the American telecom companies (Verizon wireless, AT and T and T mobile ) is combined, it comes out to be more than ninety percent.

4 0

2 years ago

When materials, information, and services gain value as they move from the raw-materials supplier to the end customer, they a

Gennadij [26K]

Answer:

When materials, information, and services gain value as they move from the raw-materials supplier to the end customer, they are said to be moving through ________.

A. the supply chain

B. a value-added analysis

C. business process re-engineering

D. Total Quality Management (TQM)

E. just-in-time production

Answer: A

Explanation:

A supply chain is a system between an organization and its providers to create and appropriate a particular item to the last purchaser. This system incorporates various exercises, individuals, elements, data, and assets. The supply chain additionally speaks to the means it takes to get the item or administration from its unique state to the client. Organizations create supply chains so they can diminish their expenses and stay serious in the business scene. Supply chain the board is a pivotal procedure on the grounds that an enhanced supply chain brings about lower costs and a quicker creation cycle. A supply chain includes a progression of steps required to get an item or administration to the client. The means incorporate moving and changing crude materials into completed items, shipping those items, and conveying them to the end-client. The substances associated with the supply chain incorporate makers, merchants, stockrooms, transportation organizations, appropriation focuses, and retailers.

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3 years ago

Country A had a population of 2,000, of whom 1,300 worked an average of 8 hours a day and had a productivity of 5. Country B had

SpyIntel [72]

Answer:

Country

c. B had the higher level of real GDP and Country A had the higher level of real GDP per person

Explanation:

Country A's population 2,000, worked 1,300 with 8 hours a day with a productivity of 5 = 52,000 units of something produced. GDP per capita = 52,000 / 2,000 = 26 per capita

Country B's population 2,500, worked 1,700 with 8 hours a day with a productivity of 4 = 54,400 units of something produced. GDP per capita = 54,400 / 2,500 = 21.76 per capita

3 0

2 years ago

Which job analysis method requires subject-matter experts to evaluate a job in terms of abilities required to perform the job

Alexxx [7]

Answer:

Fleishman Job Analysis System

Explanation:

Fleishman Job Analysis System. Job analysis technique that asks subject-matter experts to evaluate a job in terms of the abilities required to perform the job. - useful for employee selection, training, and career development Competency.

5 0

2 years ago