Answer:
b. If a market is in equilibrium, there will be no remaining opportunities for individuals to make themselves better off
Explanation:
Equilibrium refers to a state of rest. Market equilibrium refers to a situation wherein quantity demanded of a product equals quantity supplied of that product.
Market equilibrium only gets disrupted when factors affecting demand other than the price changes which leads to either increase/decrease in demand or increase/decrease in supply.
At the equilibrium level, the possibility of individuals making themselves better off get wiped out.
True.
The shared value creation framework provides guidance to managers about how to reconcile the economic imperative of gaining and sustaining competitive advantage with corporate social responsibility. It helps managers create a larger pie that benefits both shareholders and other stakeholders.
The purpose of corporate governance is to facilitate effective, entrepreneurial, and prudent management that can deliver the long-term success of the company. Corporate governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies.
Learn more about social responsibility at
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- <span>By applying theories of psychology, we </span>can<span> better understand ... a type of </span>hierarchy<span>, where when one psychological </span>need<span> is mastered, we </span>can<span> obtain the next level. ... By </span>appealing<span> to a consumer's primal </span>needs<span>, we encourage them to ... our </span>customers<span> satisfies the love and belonging psychological </span>need<span>.</span>
Answer:$364,520 is the year end stock
Explanation:
Stock records at year end. 300,370
1. Add $58,510, ownership of good on fob remains with vendor until delivery.
2.ignore $95240 from closing stock because they have not been receive at year end
3.1gnore $ 23,320 from closing stock because they have not been receive at year end
4. Include 50,750 in closing stock because they have not been deliver at year end.
5. Exclude $45110 from closing stock because they were not receive at year end.
Answer:
2.98 minutes per cycle
Explanation:
Total work time = 352 minutes per day
Break time = 16 min*3 = 48 min
Lunch time = 60 min
Total time left = 352 - 48 - 60 = 244 min
Demand = 82 jobs a day
Takt time = Total production time available/Demand
Takt time = 244/82
Takt time = 2.9756
Takt time = 2.98 minutes per cycle