Answer: this does not even make any sense....
Explanation:
Answer: 258 million
Explanation:
The labor force refers to the number of people who are employed and the unemployed who are also looking for work.
Let the labor force be represented by x. Based on the question given, we can form an equation which will be:
5.8% of x = 15 million
0.058x = 15 million
x = 15million / 0.058
x = 258 million
Therefore, the labor force is approximately 258 million.
Answer:
C) 410 tubs
Explanation:
the contribution margin for sinks is $70 (= $150 - $80) and the contribution margin for tubs is $150 (= $600 - $450).
the molding equipment has 4,050 hours of capacity per year, so it can produce either 2,025 sinks or 810 tubs.
we can determine what product is more profitable if we determine a contribution margin per molding equipment usage ratio:
- sink = $70 / 2 hours = $35 per hour
- tub = $150 / 5 hours = $30 per hour
It is more profitable to produce sinks than tubs, but we can sell only 1,000 sinks per year, so even after we product the 1,000 sinks we will have spare molding equipment capacity which we can use to produce tubs.
The spare molding equipment capacity after producing sinks = 4,050 total hours - 2,000 hours used to produce sinks = 2,050 spare molding hours
We can produce 410 tubs (= 2,050 molding hours / 5 hours per tub)
Answer:
tactical planning
Explanation:
Tactical planning considers a general framework for an enterprise and carries out concrete short-term goals and strategies, typically by division or position of the business. The range of tactical planning is lower than the range in conventional aircraft.
The range in tactical planning is lower than that of the range of conventional aircraft. If the action plan is five years, operational strategies may be one or three years or even fewer based on the type of sector the organization represents and the availability of information.
Answer:
an improvement in the education level of the work force of a nation
Explanation:
The production possibility curve is a curve that shows the various quantities of two goods an economy can produce at a given level of technology and amount of labour force.
Factors that leads to an outward shift of the production possibility curve;
1. Increase in labour force
2. Increase in education level of the Labour force
3. Technological advancement
Shifting resources from the production of one good to the production of another leads to a movement along the production possibility curve.
I hope my answer helps you