Answer:
b. Increase by $2.20
Explanation:
Economic Surplus is the total benefit to society from production.
If an additional unit is produced the additional cost will be $79.40 and it will the additional benefit of $81.60.
So the surplus = benefit - cost = $81.60 - $79.40 = $.2.20
They are marginal quantities (change made by additional unit) so everything has been taken into account for the deriving of change to surplus.
Answer:
The answer is options A) and B)
A) learning the basic communication skills of the residents of the areas they are serving:
B) a multicultural clientele.
Explanation:
In crisis periods like the one we are currently experiencing as a result of the Covid-19 Pandemic, It is of utmost importance that the recruitment, screening, orientation, training, evaluation, and retention of crisis workers deal with the reality of:
A) learning the basic communication skills of the residents of the areas they are serving: this procedure takes place during the orientation, training and evaluation stage.
B) a multicultural clientele: The accurate knowledge of multi-cultural clientele guides the order of recruitment in the sense that, workers are properly assigned to the area that matches their experience, skill set and cultural inclination.
Answer:
Value of closing inventory = $25771.04
Explanation:
To calculate the value of ending inventory under a periodic average cost method, we will calculate the average price per unit of inventory at the end of the month. To calculate the average price per unit, we simply divide the total cost of the inventory by the total number of units for the month.
Average cost per unit = Total cost of all units for the month / Total units available for the month
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<u>Total cost of all units:</u>
Beginning inventory (485 * 66) 32010
Purchase 1 (725 * 69) 50025
Purchase 2 (364 * 71) <u> 25844</u>
Total 107879
<u>Total Units</u>
Beginning Inventory 485
Purchase 1 725
Purchase 2 <u>364</u>
Total 1574
Average cost per unit = 107879 / 1574
Average cost per unit = $68.54
Units of closing inventory = 1574 - 1198 = 376 units
Value of closing inventory = 376 * 68.54
Value of closing inventory = $25771.04
Increased flexibility in scheduling serves as important benefit for employers to offer because of:
1)the increase in single parent homes
2)the increase in two-income families
- Scheduling serves as a process of arranging as well as controlling and optimizing work when carrying out a production process.
- It is important for employers to have Increased flexibility in scheduling because of the rise in single parent home.
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