Answer:
Following are the four ways for improving the productivity of the labour is given below
Explanation:
- If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
- Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity .
- If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
- Giving the incentive to labor at the particular interval of time we will increase the productivity.
Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.
<h3>When the business earns normal profits?</h3>
A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.
Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.
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Answer:
The correct answer is letter "A": Information presented by a company applies the same accounting treatment to similar events, from period to period.
Explanation:
In accounting, consistency is the principle that states a company must use an accounting method for book-keeping its transactions and the same method should be used from one period to the following. However, the consistency principle allows the company to change the current method for a more preferred method.
Answer:
Charlie consumes 100 books and 25 wines at pareto-optimal allocation, is the right answer.
Explanation:
According to the question, book is denoted with b whereas, wine is denoted with w.
The Utility function of Martha is- 
The Utility function for Charlie is- 
= $1 : 
= $4
At pareto-optimality,
The budget constraint,
Therefore, it may be said that Charlie must consume 100 books and 25 wine at pareto-optimal allocation.
Answer:
A) TRUE
Explanation:
Updating marketing skills is not unrelated to modern demands in a global environment influenced by technological disruption. The need to keep abreast of changes in digital marketing for instance is essential if you have to stay relevant in the world of marketing.
