A decrease in the price of a kayak
Explanation:
It's also evident that every change in the market causes a unique price change, quantity combination:
increasing demand: rising prices, increasing quantity.
Decline in demand: declines in price, declines in volume.
Increase in supply: price decline, increase in quantity.
This Theory of Supply is named by economists. When the price increases, the demanded quantity decreases (but the supply remains the same). When the price falls, the amount required increases. That's the Demand Law.
Answer:
A.- 3.45 min to produce two work units
B.- In a 8-hout shift at standard performance 274 work units are produced
Explanation:
The Standart tiem per piece would be:
![StandardTime=NormalTime*(1+PFD)](https://tex.z-dn.net/?f=StandardTime%3DNormalTime%2A%281%2BPFD%29)
Given your numbers it will be:
![3 * (1 + 0.15)= 3.45](https://tex.z-dn.net/?f=3%20%2A%20%281%20%2B%200.15%29%3D%203.45)
This is the time per cycle to produce 2 work units
Now, in an 8 hours shift there are 480 minutes. Dividing between the standard time of a cycle we get the standard performance
![\frac{480}{3.45} = 137.14](https://tex.z-dn.net/?f=%5Cfrac%7B480%7D%7B3.45%7D%20%3D%20137.14)
Rounding, we will be getting 137 cycles
Lastly, because each cycle produce 2 work units we are having a total of 274 Units
Answer: Intellectual Capital
Explanation:
The value of a company that involves employee knowledge, skills,product development, etc which can provide a company competitive advantage over competitors is called Intellectual Capital and it is divided into
Human capital ----This involves employees, their knowledge, or know how and experience, which is an asset as it provides vital information towards contributing to the capital of the organization. A organization that retains talented employees ie with a lower employee turnover rate, shows its company has a high intellectual capital rate.
Other Intellectual Capital Involves Relational capital--- the relationship of a company withs its employees, customers, partners , stakeholders etc.
and Structural capital---which involves a company's unique process, policies, culture, mission and value statement, work structure etc.
Answer:
The correct answer is letter "B": The statement presents the fallacy of composition.
Explanation:
The Fallacy of composition refers to a fallacy by which an individual believes that something is true just because part of the whole is true. Typically, this type of belief leads to mistaken conclusions because what might be right for one person does not necessarily is right for others.
Answer:
The correct answer is letter "C": the desired effectiveness of the firm has not yet been obtained.
Explanation:
An organization-level diagnosis is an evaluation of the company's performance carried out in all its layers. This serves as a measure of effectiveness entities use to find out if their strategies are working or if there are points of improvement. If the organization's goals have not been met, it is a good excuse to perform such a diagnosis.