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3 years ago

What is the meaning economics

Business

1 answer:

Elena L [17]3 years ago

6 0

Answer:

the branch of knowledge concerned with the production, consumption, and transfer of wealth.

the condition of a region or group as regards material prosperity.

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Candice, owner of Green Solar Panels, has found that some of her department managers were using management by objectives, but th

Ilia_Sergeevich [38]

Answer: B) False

Explanation: Management by objectives (MBO) is a type management which it's main goal is to improve the performance of an organization by means of stating the objectives which of the organisation and is usually agreed on by both the management and the employees. In the case above some objective have being put in place by Candice using MBO method, which she later discovered that some department are not complying with. This would affect the results of the MBO program she introduced, for an MBO to yield improve results it needs full cooperation from employees.

6 0

3 years ago

Which of the following systems would work best for a very standardized product that has a fairly high and predictable demand? a.

Margaret [11]

Answer:

The answer is b. make-to-stock system

Explanation:

Make-to-stock system is a build-ahead production approach in which production plans may be based upon sales forecasts and/or historical demand. It is a traditional production strategy that is used by businesses to match the inventory with anticipated consumer demand.

5 0

3 years ago

When the market rate is 10%, a company issues $60,000 of 12%, 10-year bonds dated January 1, 2017, that mature on December 31, 2

Shkiper50 [21]

Answer:

Credit, $60,000

Explanation:

Given,

Market rate = 10%

Face value $60,000 = Principal value.

When the bonds mature, the issuer records its payment of principal with credit to cash in the amount of principal value that is $60,000 because the bondholder will pay the principal with interest.

Therefore,

Bondholder will pay the $60,000 issued amount as principal because there is an additional interest amount needs to be paid.

It is credit because it is matured on the date of cash payment.

8 0

3 years ago

A trading arrangement that eliminates most or all barriers to trade among participating nations and utilizes common barriers to

Katen [24]

Answer:

preferential trade agreement

Explanation:

This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.

4 0

3 years ago

Sunland Company reported the following information for the current year: Sales (64000 units) $1280000, direct materials and dire

tatuchka [14]

Answer:

45%

Explanation:

Given the following :

Sales unit = 64000

Sales revenue = $1,280,000

Direct materials and directly labor = $640,000

Other variable cost = $64,000

Fixed cost = $360,000

Contribution margin ratio:

(Sales revenue - variable expenses) / sales revenue

Total variable expenses = (Direct materials and directly labor + other variable expenses)

Total variable expenses = (640000 + 64000) = $704,000

Contribution margin ratio :

$(1,280,000 - 704,000) / $1,280,000

$576,000 / $1,280,000

= 0.45

0.45 * 100 = 45%

8 0

3 years ago

What is the meaning economics ​

What is the meaning economics