Answer:
see below
Explanation:
1. Division of labor develops an individual’s creativity... <u>False, </u>division of labor involves repeating the same tasks, which created monotony and kills creativity.
2.Specialization can be applied go all productive activity... <u>True, </u>Specialization involves concentrating on a specific skill, activity, or production process,
3. Specialization produces sameness of products... <u>True, </u>same employees using the same processes in production will most likely have the same outcome.
4. Cost per unit is reduced with specialization... <u>True, s</u>pecialization increase efficiency leader in lowering cost per unit.
Answer:
1. Financial Analysis
2. Marketing-Information Management
Explanation:
A school-based enterprise often referred to as SBE is an entrepreneurial undertaking in a school setting that participates in goods/services delivery to address the needs of the market.
SBEs are organized and regulated by students as practical learning laboratories that incorporate National Curriculum Standards in various departments such as marketing, finance, hospitality or management.
Hence, the full 10 School Based Enterprise instructional Units are the following:
1. Financial Analysis
2. Marketing-Information Management
3. Operations
4. Market Planning
5. Product/Service Management
6. Pricing
7. Distribution/Channel Management
8. Promotion
9. Selling
10. Human Resources Management
I am assuming here that you use the example where in the US the workers can produce 200 computers of 100 cars and the French workers can produce 80 of each.
Then the opportunity cost of one computer in France is higher than in the United States -which means that it's lower in the United States (twice as low)
So, France would have a comparative advantage in producing wine and US in producing computers.
Answer:
b) $0.40 per unit and $8,000.
Explanation:
The computation of the high-low method, the variable cost per unit and the total fixed costs is given below:-
Total Cost Production Units
April $120,000 280,000
May $74,000 165,000
June $90,900 230,000
Using High Low method
Variable Cost per unit = (High Cost - low Cost) ÷ (High Cost Units - low Cost Units)
= ($120,000 - $74,000) ÷ (280,000 - 165,000
)
= $46,000 ÷ 115,000
= $0.40
Fixed Cost = Total Cost - Variable Cost per unit × Production unit
= $120,000 - $0.40 × 280,000
= $8,000
Answer:
The answer is: B) Firm A will emit 20 fewer tons of pollution into the air, and Firm B will emit 100 fewer tons of pollution into the air.
Explanation:
Firm A should buy all of firm B's pollution permits, (for 40 tons total). Firm B will make a profit if it sells its 40 pollution permits for more than $100 each, and firm A will reduce costs if it can buy pollution permits for less than $200 each.
After they trade, firm A will be able to emit 80 tons of pollution to the air (40 + 40) and firm be will emit 0 tons of pollution.
