Answer:
b. The monopolist is currently maximizing profits, and its total profits are $250
Explanation:
The computation of monopolist is shown below:-
The monopolist is producing 50 units ate which are
MR = $4
Price = $8
MC = $4
ATC = $3
This applies that
MR = MC
while
P > ATC
So the monopolist is making a profit by making profit-maximizing quantity.
Total profits are (P - ATC) × Q
= (8 - 3) × 50
= $250
Hence, b option is correct
Classical economists saw the depression as a political problem, because they believed labor unions were stopping the wage level from moving to the right level.
<h3>Classical economists</h3>
The Classical economists believe that the great depression experience was as a result of as a political problem.
The reason why they believe it was political problem was because they felt the labor unions who is the union responsible for fight for the right of workers were the one that stop or prevent the wage level from moving to the right level.
Therefore they believed that labor unions were stopping the wage level from rising.
Learn more about Classical economists here:brainly.com/question/419703
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Answer:
B. A code of ethics tends to elicit less debate about specific actions.
Explanation:
A code of ethics is shorter than a code of conduct, it establishes the general principles and values that a company has. the employees of the company have to act according to this principles. The code of conduct establishes the actions and decisions that are taken according to the employees and company conducts. In general cases, the codes of ethics is the general document that gives the bases for the code of conduct.
A code of conduct is more comprehensive because it includes the rules for every specific situation that may happen in the company, but it does not serve to the general public, it is about internal procedures.
Having this in mind, when there is a problem inside the company, the ethics code does not include the kind of decision that will be taken so it elicit less debate about specific actions; the code of conduct includes the rules and procedures for the specific actions.
Answer: a reduction in safety stock and/or lead time
Explanation:
Kanban is a visual system that is used for the management of work as the work moves through a process. It should be noted that it is a concept that tells one what to produce, quantity to produce and when to produce it.
A reduction in the number of kanbans (given a constant container size) requires a reduction in safety stock and/or lead time.
