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3 years ago

A good that is both nonexcludable and nonrival-in-consumption is called a

Business

1 answer:

Natalka [10]3 years ago

4 0

Answer:

The answer is: Public goods

Explanation:

Public goods are provided by government entities and many times they are given for free or at a very low subsidized price. Public goods are non-excludable since everyone is entitled to use them (e.g. streetlight). Also public goods have no rivals that compete with them (e.g. law enforcement). Most of the public goods are free, but some exceptions exist like the US Mail.

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Which of the following is TRUE regarding unexpected expenses?

kaheart [24]

Answer:

They should be planned for.

Explanation:

Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities. These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.

The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.

4 0

3 years ago

Veronica, a vice president of human resources at an auto company, wants to develop its programs for employee empowerment. Howeve

klasskru [66]

Answer:

B) In its rulings, the NLRB has allowed employee empowerment in certain very limited situations.

Explanation:

Employee empowerment refers to a company giving its employees a higher degree of autonomy and independence regarding their normal work related activities.

Personally I don't understand how employee empowerment can affect employees negatively but unions tend to oppose it unless they are directly involved in the empowerment process.

3 0

3 years ago

Siobhan is interested in creating a fashion line from banana husks. She is attempting to explain to her bosses how this is an en

Anettt [7]

Answer:

The correct answer is C. Bananas are already grown for consumption so no extra energy or resources will be used to create the husks.

Explanation:

Banana husks are residues that arise from the consumption of bananas by people, with which in principle they do not have a specific use, and are generated constantly given the high consumption rates of these foods.

Therefore, if the husks were to be used for the creation of changes of clothes, that is, using waste as raw material, this would be an environmentally friendly option because new resources would not be used for their elaboration, but rather they would be recycled. waste from other types of consumption.

7 0

3 years ago

Which of these are examples of opportunity cost?

Irina-Kira [14]

Answer: The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the opportunity cost is planting a different crop, or an alternate use of the resources

Explanation:

6 0

2 years ago

Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans pro

Lisa [10]

Answer and Explanation:

The Preparation of direct materials budget for the second quarter is prepared below:-

Rida, Inc.,

Direct materials budget

for the second quarter

Particulars Amount

Units to be produced 229,000

Material required per unit 0.6

Material needed for production 137,400

Budgeted Ending Inventory 63,960

(266,500 units × 0.60 pounds × 40%)

Total material requirements 201,360

(137,400 + 63,960]

Beginning Inventory (56,500)

materials to be purchased 144,860

(201,360 - 56,500)

material Price per pound $179

Budgeted Cost of Direct

material purchases $25,929,940

(144,860 × $179)

Here we assume 0.60 pounds of a key raw material instead of 613 pounds.

8 0

3 years ago