Answer:
US specialisation in TV can be stated on the basis of Absolute Advantage, not comparative advantage.
Explanation:
Absolute Advantage is when a country can produce more output per input of a commodity, than other country.
Comparative Advantage is when a country can produce a good at lower opportunity cost (in terms of other sacrifised)
China can produce more (ie 5 units television) per hour employed, compared to US able to produce lesser (3 units) in the same time. So, on the basis of Absolute Advantage, it can be stated that US should specialise in TV production.
However, since other good's details have not been given. So, we cannot attain the relative opportunity costs. Hence, specialisation on the basis of comparative advantage can't be stated.
Answer:
salary is a lump sum for work and fixed rate is a fixed rate that changes with amount of hours worked.
Explanation:
salary is a lump sum for work and fixed rate is a fixed rate that changes with amount of hours worked.
Brainliest appreciated!
Wages
The cost of labour is the sum off all wages paid to employees as well as the cost of employee benefits and payroll taxes paid by an employer.
The cost of labour is broken in direct and indirect cost.
Answer: d. The ongoing need of company managers to react and respond to changing market and competitive conditions
Explanation:
As market changes and becomes more competitive, there is need to ensure that partially finished goods awaiting completion(work in progress) are completed.
Answer:
annual net income is $23077.25
Explanation:
Given data:
sales volume = 4200 units
selling price/units $50
variable cost/units $25
fixed cost is $45000
Total sales 
selling price/unit 
variable cost/unit 
fixed cost 
sales 
variable cost 
difference = 229320 - 104737 = 124583
fixed cost = $43650
depreciation exchange = $11000
so total income prior to tax = 124583 - (43650 + 11000) =$ 69932.5
tax rate is 33%
so total income after tax is 
