Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.
If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.
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You should B. order a credit report.
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An example of a company connecting with customers in its package redesign strategy is creating a resealable package in response to consumer habits.
<h3>What is a redesign strategy?</h3>
A redesign strategy outlines which best practices should be employed first and which should be avoided in order to achieve the goals of the redesign endeavor.
Steps to a successful redesign of business processes:
- Set precise objectives.
- Prioritize each business process after identifying it.
- Make data collection and processing a regular part of your working day.
- A single workflow.
- Give authority to those in charge of processes.
- Single-source information collection.
In order to build the most effective product, the design strategy applies the tactical thinking of a company strategy to the needs of the user. Through innovative applications geared toward the end user, the convergence of business strategy and design thinking accomplishes long-term objectives.
To know more about design strategy refer to: brainly.com/question/14506200
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Answer:
<u>DM variances:</u>
Price 2650
Quantity -4,800
<u>Labor Variances:</u>
Rate:-2,000
Efficiency 1400
Explanation:
<u>DM variances:</u>
Price
(std - actual) x actual quantity
(2.4 - 2.2) x 13,250 = 2,650
Quantity
(standard quantity - actual quantity) x std price
(7.5x1,500 - 13,250) x 2.4 = -4,800
<u>Labor Variances:</u>
Rate:
(std rate - actual rate) x actual hours
(7 - 9) x 1,000 = -2,000
actual rate = actual cost/actual hours = 9,000/1,000 = 9
Efficiency
(std hours - actual hours) x std rate
(1,500 x 0.8 - 1,000) x 7 = 1400
Answer:
a. No, because Shelby made a mistake about the dog's value, not a mistake about a material fact.
Explanation:
Peggy made an offer to sell the dog for $800, they didn't discuss the dog's ancestry and Shelby wrongly assumed the dog was from champion lines and agreed to buy the dog for $800.
Based on further investigations, she discovered the dog was worth just $200.
She cannot rescind the contract because she wrongly assumed the dog's value not an error about à material fact. Peggy sold the dog at her own rates and Shelby bought the dog while wrongly assuming the value, so she cannot cancel the contract based on that.
