Answer:
A. creating the company income statement.
Explanation:
The creation of the companie's income statement is not within the scope of an operation manager's role.
It is a function of the accounting department, and shows the financial position at a particular point in time. Income statements are prepared in relation to profit and loss that the company is making. It shows a snap-shot of financial position so that management can make informed business decisions.
Answer:
B. A technological improvement
Explanation:
An outward (rightward) shift in supply means an increase in supply.
Technological improvement would increase supply and supply curve would shift outward.
A decline in labor productivity would reduce supply and the supply curve would shift inward.
An increase in the cost of input would increase the cost of production and supply would fall. The supply curve would shift inward.
A reduction in consumer incomes would reduce demand and not supply.
I hope my answer helps you
Answer:
508,000 units
Explanation:
The computation of the number of finished goods produced is shown below:
Finished goods produced during the year = Closing inventory + sales - opening inventory
= 2,600 units + 506,000 units - 600 units
= 508,000 units
We simply added the closing inventory into sales and deducted the opening inventory so that the finished goods produced during the year could come
Answer
learn a new language or just do something you rarely do
Explanation:
Answer:
C. The market demand for the product
Explanation:
Monopoly is a market situation whereby the market is characterized with having a single seller and multiple buyers. Here, the seller faces no competition as he is the only one selling that particular product in the market. The monopolist faces a downward sloping market demand curve. As a result, as the monopolist increases its output, for every additional unit of output, the process must fall. Thus, leasing to the consequent fall in the marginal revenue. Thos os because, since he is the only sellers in order to sell more outputs he must reduce the prices oer each output.
