Answer:
A. Managers must balance good economic decisions with socially forward thinking.
Explanation:
Good Finance or bad medicine refers that if you are aware of finance or you have studied the finance subject so you are capable of making the financial decisions which give you the better return at less risk in near future and if you are not aware of finance than it would lead to the worst situation
Therefore the first option depicts the given message i.e making a better balance in the economic decisions with the help of forward-thinking i.e. to be social
Answer: d. Shortage of skilled workers
Explanation:
Companies these days are more inclined to take an interest in the well-being of employees in an effort to keep the employees satisfied so that they stay with the company as opposed to having to find new employees to hire.
This is because there is a shortage of skilled workers which means that companies has to work to keep the skilled workers they have as opposed to having to find lesser quality ones and one way to do so is to show an interest in employee wellbeing to entice them to stay.
Answer:
The total product costs is $2,050
Explanation:
Given cost:
Ribs cost = $1,400
Labor cost = 45 hours × $10 per hour = $450
Seasoning and Sauce cost = $50
Advertising = $300
Grill cost = $150
Administrative cost = $100
By using these cost, we can easily compute the total product cost.
The product cost is that which is attached to the product. It can be direct material, direct labor, etc.
So product cost = Rib cost + Labor cost + Seasoning and Sauce cost + Grill cost
= $1,400 + $450 + $50 + $150
= $2,050
Other cost is not considered because they are related to general & administrative cost, selling cost which termed as period costs.
So, the total product costs is $2,050
If the<u> demand curve is inelastic</u>, a rise in the supply of grain will result in a decrease in the overall income received by grain producers.
The ability of firms to enter and exit a market over time means that, in the long run, the supply curve is more elastic.
Two basic economic concepts are combined in the law of supply and demand to explain how shifts in the price of a resource, good, or service affect its supply and demand. As the price rises, supply increases while demand decreases. On the other hand, as the price falls, demand increases and supply becomes more limited.
The degree to which changes in price translate into changes in demand and supply is known as the product's price elasticity.
Basic consumer demand is comparatively inelastic, or less responsive to price changes.
Discover the long-term impact of population growth on supply and demand: brainly.com/question/13353440
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Answer:
Jocko is status inconsistent because his level of education, which is not consistent with his rank in property and power.
Explanation:
Status inconsistency occurs when the social position has both negative and positive impact on his social status.
It occurs when an individual is socially respected in one way and not another. For example a teacher may earn small amount of money but he is respected in society as a learned person.
Status in insistence occurs as a result of profession, income, education and social circles.
In this scenario Jocko has a high school diploma and owns a corporation that nets over a million dollars a year.
His income makes him someone that is highly respected in society, however educationally he will not have as much respect because he only has a diploma.
