The answer is option "a", Business analytics uses "data mining tools" to support decision-making activities.<span>
</span> Business analytics (BA) alludes to the skills, advancements, technologies and practices for ceaseless iterative investigation and examination of past business execution to pick up knowledge and drive business planning.
Business analytics concentrates on growing new bits of knowledge and comprehension of business execution in view of information and measurable techniques. Conversely, business knowledge generally concentrates on utilizing a steady arrangement of measurements to both measure past execution and guide business arranging, which is likewise in view of information and statistical strategies.
Given:
standard hours: 2,500 dl for 1,000 units
actual hours: 2,400 dl for 900 units
Standard direct labor-hours per unit = 2,500 direct labor-hours ÷ 1,000 units= 2.5 direct labor-hours per unit
Standard hours allowed = 2.5 direct labor hours per unit × 900 units<span>= 2,250 hours
The standard hours allowed for may production would be 2,250 hours.</span>
The deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.
The Deadweight loss refers to loss that occurs when supply and demand are not in equilibrium and thus, result in market inefficiency.
Usually, the value of the deadweight loss varies with the demand elasticity and supply elasticity.
So, when the demand or supply is inelastic, the deadweight loss of the taxation will be smaller because the quantity bought or sold varies less with price.
Therefore, the answer is B. because the deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.
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Answer:
The "compose" or "draft" option allows you to type a new message.
