Answer:
In a production process new raw materials are considered_____ whereas the finished products are considered______
WIP (Work IN Process)
Units for Sale/ Raw Material for other Processes
Explanation:
WIP (Work IN Process)
The raw material in WIP is converted to useful material for other processes.
Work in process consists of materials labor factory overhead or collectively called as conversion costs. In Work in Process these are completed fully or to a certain limit and send to other processes for further work.
Units For sale
Finished goods are ready for sale and send to desired stores or ware houses for storage and further dispatching to retail stores.
Sometimes these units further need servicing or processes in other departments to make a complex unit . In these situations they are considered raw material for other processes.
Answer:
The marginal revenue = $2
Explanation:
Firstly we calculate the value in dollars for the number of boxes sold
For 100 boxes, we have 100 * 2 = $200
For 200 boxes, we have 200 * 2 = $400
Mathematically, the marginal revenue = (cost of 200 boxes- cost of 100 boxes)/difference in quantity
= (400-200)/(200-100) = 200/100 = $2
Thus affirms the fact that for a perfectly competitive firm, marginal revenue MR = P (price)
Answer:
D : Cultural relativism
Explanation:
Cultural relativism is an idea that an action should be viewed in the context of the socio-cultural environment in question. If child labor is permitted in Country X, it implies that rival companies and competitors who use child labor will experience cheaper production cost and unless the multinational company does same, it may face the need to pul out of the market.
The goals of labor are such that they want better pay and working conditions.
<h3>The ultimate goal of workers/labor</h3>
A business is in operation to make a profit, likewise, labor or workers work to the end of being paid for the services rendered.
In addition to good pay, labor also requires good perks like health cover, safe and secure work conditions, and the environment.
Learn more about Labour here:
brainly.com/question/98074
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Answer:
For the creator, the copyright duration is the lifetime of the author plus 50 years.
For a corporation, the copyright duration is 75 years.
Details:
The copyright Act of 1976 was a revision of the previous copyright Act of 1988.
Another revision enacted by the 1976 copyright law was to increase the extension of copyrighted material before 1978 that was not in the public domain. The increase was from 28 to 47 years or a total duration of 75 years.
