Answer: Paradigm shift
Explanation:
The paradigm shift is one of the type of business management process that refers to the fundamental change in the current process and in the model.
The paradigm shifts is one of the concept in which that happened in terms of various types of context such as when the new technology are get introduced then it alter the new production process of the products and the services.
According to the given scenario, the process of delivering the groceries to the consumers. Therefore, Paradigm is the correct answer.
Answer:
Current Ratio = 1.5
Working Capital = $2,000 million
Explanation:
Current Ratio = Current Assets / Current Liabilities
= ($1,200 + $1,500 + $2,000 + $1,300) / ($1,000 + $3,000)
= $6,000 / $4,000
= 1.5
Working Capital = Current Assets - Current Liabilities
= $6,000 million - $4,000 million
= $2,000 million
The level of productivity is now approximately 40.6 boxes/hr
<h3>
What is Productivity</h3>
Productivity refers to a ratio between a output volume and volume of input.
<u>Given data</u>
Working hours = 2*8 hours = 16 hours
New productivity = 500 + 0.3*500
New productivity = 650 box/day
New productivity =650/16 box/hour
New productivity = 40.625 box/hour
Hence, the level of productivity is now approximately 40.6 boxes/hr
Therefore, the Option B is correct.
Read more about productivity
<em>brainly.com/question/2992817</em>
Answer:
A) producer surplus decreases and total surplus decreases in the market for that good.
Explanation:
When a country adopts a no trade policy, producer surplus decreases, consumer surplus increases, and total economic surplus decreases.
Total producer surplus deceases, because the quantity produced will be greater than the quantity demanded by the domestic market which will result in lower prices (which increases consumer surplus). But the extra consumer surplus is not enough to offset the lost producer surplus, therefore, the total economic surplus will decrease.
This is specially true if we are talking about small economies or large producers. E.g. due to the US - China trade war, American farmers couldn't sell their products to Chinese customers which resulted in an over stock, and a great portion of their total income was slashed.
