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fomenos
3 years ago
10

Most economists assume that the goal or objective of business firms is to ________. a. maximize sales. b. socially responsible.

c. satisfice. d. maximize size. e. maximize profits.
Business
1 answer:
melisa1 [442]3 years ago
7 0

Answer:

maximize profits.

Explanation:

Th economist assume that the goal of objective of the business is to maximize the profit and add value to their business and shareholders as well. The businesses use marginal benefit and marginal cost to measure the value of benefit. Business also has other objectives which support the profit maximization like cost minimization, customer satisfaction etc

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Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Lemur [1.5K]

Answer:

$ 44000

Explanation:

Given:

Actual overhead manufacturing cost, Ac = $ 352000

Actual direct labor hours, Ah = 56000

Estimated manufacturing overhead cost, Ec = $ 330000

Estimated direct labor hour, Eh = 60000

Now,

Predetermined Overhead Rate = Ec/Eh

on substituting the values in the above formula we get

= $ 330000/60000 = 5.5

also,

Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)

on substituting the values in the above formula we get

Underapplied Overhead = 352000 - (56000 × 5.5)

or

Underapplied Overhead = $ 44000

3 0
3 years ago
The focus group report lists most of the themes that became apparent during the research, notes any diversity of opinions or tho
zysi [14]

Answer:

The correct answer is letter "B": False.

Explanation:

A focus group is a technique used to obtain qualitative data for research. This data is obtained after gathering a small group between six and twelve people to expose their opinions, likes, and preferences in regards to a product, idea, service, advertisement or content. The participants have similar features and the chat focuses on a specific matter. There is no need for abbreviations since the participants' point of view is typically recorded for analysis and feedback.

4 0
3 years ago
Macroeconomics studies all of the following EXCEPT which one?
KatRina [158]
D. why a specific consumer made a specific choice
6 0
4 years ago
A pay structure in which more efficient workers earn higher wages, as suggested by frederick w. taylor, is known as a(n) _______
Flura [38]

A pay structure in which more efficient workers earn higher wages, as suggested by Frederick w. Taylor, is known as a<u> Differential Rate</u> system.

<h3>What are wages?</h3>

A wage is a payment made to employees for the time they put in working for their employer. Always depending on a specific period of time, wages are paid. On an hourly basis, typically. This is the origin of the phrase hourly worker. Salary and commissions are some more types of payment.

Pay for lower-level employees is determined by the number of hours worked. To record the number of hours worked each week, this personnel typically use a time sheet or time card. To keep track of hourly employee hours, the majority of modern firms use computerized systems.

To enter their hours worked, employees must log in and out of the system. Then, this personnel are paid either once a week or once every other week, depending on the state. If an hourly worker works more than 40 hours per week, they must be compensated for overtime.

In contrast to salaries, commissions are permissible for workers who are paid wages. Payment for a certain action is known as a commission. The sales sector is where commissions are most frequently encountered. When making sales, salespeople and saleswomen are frequently given a base salary as well as a commission.

Thus, This is a strategy used by businesses to motivate their sales employees to perform better on the sales floor while still paying them a low salary.

For more information on Wages, refer to the given link:

brainly.com/question/13847060

#SPJ4

Complete Question

A pay structure in which more efficient workers earn higher wages, as suggested by Frederick W. Taylor, is known as a(n) _____ system.

A. scale

B. increasing wage

C. differential rate

D. wide wage

E. merited pay

5 0
1 year ago
A bond with a par value of $1,000 and an annual coupon has a yield to maturity of 5.60% and a current price of $975. If the bond
gtnhenbr [62]

Answer:

Current Yield is 5.74%

Explanation:

Current yield is the ratio of coupon payment of a bond to its current market price.  It is calculated by using coupon payment and the current market value of the bond.

Coupon Payment = $1,000 x 5.6% = $56

Current market price = $975

Formula for Current yield is as follow

Current Yield = Annual Coupon Payment / Current Market Price

Current Yield = $56 / $975

Current Yield = 0.0574% = 5.74%

8 0
4 years ago
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