The answer to the blank space is physiological risk. By publishing safety ratings for cars, consumers are able to consider the safety evaluation conducted on the cars when determining which car to purchase. This information would help them in decreasing the risk of physiological damage in unwanted circumstances such as a car crash due to badly designed product.
A major shift for personnel management arrived in the 1930's with the emergence of UNION LAWS.
Union laws refers to a set of laws that govern the relationship between the employers and the employees. Union laws were first released in the 1903's and it changed the manners the employers treat their workers.
Answer:
$20,500
Explanation:
Economic profit is the difference between the total revenue generated and the total explicit (direct) and implicit (Indirect cost ) incurred
Total revenue - (explicit cost + implicit cost )
Revenue 80,000
Explicit cost
Labor 5000
maintenance 2000
Electricity 1000
Total (8000)
Implicit cost
loan revenue forgone 1500
Previous earning 50000
Total (51,500)
Economic profit 20,500
Answer:
$107,750
Explanation:
first we have to determine the overhead rate per $1 of professional labor = $270,000 / $200,000 = $1.35 per $1 of professional labor
total billing should include:
- professional fees = $45,000
- direct materials = $2,000
- overhead = ($45,000 x 1.35) = $60,750
total = $107,750
Answer: Option (b) is correct.
Explanation:
Economics:
Probability of placing it with a major publisher(pm) = 0.5 for selling(sm) = 40,000 copies
Probability of placing it with a smaller publisher(ps) = 0.8 for selling(ss) = 30,000 copies
Therefore,
Expected value (Economics) = pm × sm + pm(ps × ss)
= 0.5 × 40,000 + 0.5(0.8 × 30,000)
= 32,000 copies
