False. The new trade theory stresses that countries should have favorable factor endowments to excel in the production of a good. The New Trade Theory talks about companies focusing on certain products more in-depth since the world market only supports a limited number of firms. Since they can only back a few per product, if companies were to focus on a smaller amount of products they can specialize in them and create a better backing from the world market.
Answer: True
Explanation:
The motivations of employees are both financial and non-financial with a high salary considered to be a financial motivation. Employers will pay employees a higher wage so as to motivate them to be more productive at work. This is called an efficiency wage because it increases the productivity of employees by motivating them more.
When workers are being paid such a high salary in relation to the average salary in the market, they would want to ensure that they keep getting paid this huge salary so they will try to avoid non-productive behavior that would lead to them losing their jobs.
Explanation:
Remember that the GDP measures the market value of all goods and services produced in an economy (country or region) in a specific period of time
a. This does not add to the U.S GDP for 2006 because windows were produced in 2010.
b. This does not add to the U.S GDP for 2006 because the Irish marketing consultant earns in 2010.
c. This does not add to the U.S GDP for 2006 because Tim and Tina got married in 2010.
d. Transactions that add in 2010 GDP do not count in 2006 GDP.
Answer: Business to Consumer (B2C)
Explanation:
The terminology business-to-consumer which is also known as B2C is referred to as the process or procedure of selling a product, commodity and services directly to the consumers who then are referred to as the end-users of the commodity or product or service. Most organizations or companies that tend to sell directly to a consumer can be further referred to as B2C organization or company.
Answer:
Materials 187,230
Conversion 182,200
Explanation:
FIFO method, from the started units we will add the reamining work onthe beginning WIP invnetory and subtract the undone part of the ending WIP inventory
Materials
Started units 176,000
October 1st 27,000 x (1 - 57%) = 11,610
October 31th 20,000 x (1-81%) = (380)
Equivalent Units 187,230
Conversion
Started units 176,000
October 1st 27,000 x (1 - 33%) = 18,000
October 31th 20,000 x (1-41%) = (11,800)
Equivalent Units 182,200
