When comparing Mexico to Scotland, you would expect Scottish workers to have greater productivity and higher labour cost per worker
Explanation:
One may expect that a Scotland plant will be less labour intensive and efficient per worker than just Mexican facilities as a more advanced technological nation and that "higher productivity and low labour cost" will be the right answer.
Both possibilities for lower productivity can be excluded as they demonstrate lower productivity. "Higher productivity, but less energy per job" is not the solution because it recognises lower labour costs per worker rather than higher.
The increase in labour productivity relies, according to certain studies, on three key factors: innovation and capital goods saving, modern technology and human capital.
Answer:
b) bring the factors of production together and take the risks of producing output.
Explanation:
There are basically four factors of production which are required in order to ensure the manufacturing of output, which are land,labor,capital as well as an entrepreneur.
The role of an entrepreneur is to bring together all factors in order to serve the purpose of creating valued-added output that can be sold at a price higher than the cost price in order to make a profit.
All in all, the role of an entrepreneur is not just to provide capital or control land but bring all factors of production together
The Ohio state studies and the leadership grid are associated with the behavioral approach to leadership.
<h3>What is meant by the behavioral approach?</h3>
Since human conduct is taught, it is possible to unlearn any behavior and replace it with another behavior. The observable and quantifiable characteristics of human behavior are the main focus of behaviorism. As a result, learnt behaviors can be undone when they become unacceptable.
Relationship behaviors aid followers in feeling at ease with one another, with themselves, and with their surroundings. The behavioral approach's main goal is to clarify how leaders mix these two types of actions to affect followers' efforts to accomplish a goal.
According to the behavior approach, all behaviors are acquired and are predicated on the same core precepts and outcomes.
These are linked to actions taken voluntarily by individuals and include environmental factors that are relevant to the action and are under the control of the individual.
To learn more about behavioral approach refer to:
brainly.com/question/15038015
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Answer:
There are two types of profit and costs in nay business, which are accounting costs/profit and the economic costs/profits.
Accounting costs include everything that is tangible or the monetary costs a firm pays, while the economic costs include the cost which is intangible(Opportunity costs) as well as tangible.
Here in this question, the profit of the firm therefore is,
a. From an accountant;s definition = 130000-(6000+42000+7000) = 75000.
b. From an economist's definition = 130000-(6000+42000+7000+65000+6000) = 4000.
Hope this helps you. Thankyou.
