Answer:
The correct answer is c. actual market outcomes provide a higher price than the efficient price of education.
Explanation:
In any country, there is a close positive correlation between a greater number of years of study and income, just as a higher degree of education is related to a lower incidence of poverty. In general, knowledge provides a great deal of benefits to its holders, so why might a government policy for investment in human capital be necessary? The answer could be that knowledge generates a series of “external benefits”, which are not always considered by people when making their decisions.
Economic activities generate costs and benefits, which can be private or external. In this way, whoever studies obtains a benefit for himself, for example a better salary, as explained above. That is the private benefit. But a series of external benefits are also generated, for example, the possibility of being better citizens, of improving the communication and performance of people in society, of generating new solutions to different human problems, among many others. Likewise, research and development activities lead to obtaining new knowledge. All these benefits are obtained thanks to preschool, primary, secondary, technical, university education, job training, among others.
Answer:
Instructions are below.
Explanation:
Giving the following information:
The marketing manager believes that increasing advertising costs by $74,000 in 2020 will increase the company’s sales volume to 12,700 units.
<u>We weren't provided with enough information to solve the requirement. But, I will provide the general structure:</u>
<u></u>
Sales= (number of units*selling price per unit)=
Total variable cost= (total variable cost per unit*number of units)=
Contribution margin=
Fixed costs= (fixed costs + incremental fixed costs)=
Net operating income
<u>If we want to determine the effect on income without an income statement:</u>
Effect of income= incremental units*contribution margin - incremental fixed costs
Contribution margin= selling price - unitary variable cost
Answer: It's really confusing. its just mid.
Explanation:
Answer:
d) as a current liability.
Explanation:
As in the given instance, the value of transaction is also known, further since the contract s signed the company has liability to buy the goods and accordingly the company has to incur such payment.
Since there will be an purchase for which payment will be made in future.
Therefore, this will give rise to current liability, although value of goods has decreased but still, there is a liability of payment.
Collaboration would help a group achieve its goal .
How does collaboration help people reach their goals?
- In order to achieve common objectives, collaboration enables organizations to bring together individuals with various experiences, knowledge, and talents.
- It offers a variety of advantages, such as combining talents, organizing significant initiatives, or developing new products.
Why is group collaboration so crucial?
- It fosters trust. Individuals naturally develop a greater sense of trust for one another as teams and departments connect.
- This improves morale throughout the entire company in addition to improving team productivity.
- Teams cannot interact without trust, and if teams cannot work together, innovation will not take place..
Learn more about collaboration
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