Answer:
having the right skills will increase your knowledge and it will help you increase your chances of making your business and be the boss not the worker and you could help inspire people when you do have a business with your skills
Explanation:
Answer:
Elastic demand
A heart valve
Explanation:
A good with many close substitutes will have a highly elastic demand. This is because an increase in the price of the good will causes the consumers to purchase one of its cheaper substitutes.
If both a diamond necklace and a heart valve for heart attack victims are priced the same, the price elasticity for the heart valve will be lower. This is because the diamond necklace is a luxury good but the heart valve is necessary for the survival of the victim.
Answer:
Third step in control function is to take corrective action
Explanation:
Control function is one the important managerial functions where the manager compares actual performance with that of estimated by the management. In case of any deviation, the manager prepares the corrective course of action and communicates the same to the upper management.
The upper management keeps this feedback in mind while formulating goals and objectives in future. Here, Oliver compares actual performance based on number of defective parts set and takes corrective action if actual number of defective parts is more than estimated.
Answer:
The cost of goods manufactured for the year is: $8,400
Explanation:
The cost of goods manufactured is calculated by using following formula:
The cost of goods manufactured = Finished goods inventory, December 31 + Cost of goods sold - Finished goods inventory, January 1.
Romeo Corporation has Finished goods inventory, January 1 of $2,500 Finished goods inventory, December 31 of $3,300 and Total cost of goods sold of $7,600
The cost of goods manufactured = $3,300 + $7,600 - $2,500 = $8,400
Answer:
False it is made off of vender purchases
