Answer:
C) limited; unlimited
Explanation:
Economics can be described as the study of how people use limited resources to satisfy unlimited wants.
Pension plans, health insurance, paid vacation and holidays, and the like are non financial forms of compensation provided to employees.
<h3><u>
Explanation:</u></h3>
The term compensation refers to something that is given to an individual for the things lost or for some injuries that happened at the working place. They can be either monetary or non monetary compensation. Compensation plays a major role in motivating the employees and make them work effectively.
Financial forms of compensation includes bonus, commissions, overtime pay, profit sharing, stock options,etc. Non financial forms of compensation includes Pension plans, health insurance, paid vacation and holidays, retirement and employment services,etc.
Answer:
a price floor set above equilibrium
Explanation:
A price floor is a concept to prevent prices from being too low. Generally, it is used by governments to prevent the rights of supplier and sellers. A horizontal line above the equilibrium depicts price floor. Usually, if a price is set above the equilibrium, excess supply or surplus of commodities take place which results in a decrease in the prices. This is why the price floor is normally set at equilibrium.
Answer: Capacity
Explanation: Under the characteristic of capacity, the reviewing authority tries to evaluate the ability of the opposite party if they are competent enough to pay the loan.
In the given case Jessica considers the amount of liquid assets that the opposite party have, which is a reasonable criteria to understand the liquidity position.
Answer:
the Direct Labor Costs are $5500
And Direct Materials are 2,250
Explanation:
Finished Goods has a total cost of $11,600
If the overhead applied to these goods is $3,850
Then the Direct Labor Costs are $5500
And Direct Materials are 2,250
Using the cross product rule
$3850 : 70
x : 100
x= $3850*100/70= $ 5500 are Direct LAbor Costs
Direct Materials= Finished Goods - overhead applied -Direct Labor Costs
Direct Materials =$11,600- $3,850- $5500
And Direct Materials are = $2,250
