Answer:
The amounted contributed to U.S.GDP is $2 million
Explanation:
First and foremost, the question reiterated that $1 m is due to U.S-owned equipment company and U.S.managers working in Mexico,this is where the key to unlocking the question lies.
On the basis that the money is shared equally between the equipment company and the U.S managers working in Mexico,each group gets $500,000 which is an input for the car manufacturer. However, $2.5m worth of cars are sold to U.S-an output ,deducting the $500000 due to the managers from the output value gives $2m
Answer:
Specialization and the division of labor can increase productivity.
Explanation:
Specialization is about an <em>invidivual</em> focusing on very specific tasks that are best suited to them according to their skills and knowledge. This concept can be applied to <em>companies</em> and <em>countries</em>, as they specialize on producing a small amount of products they excel at, for having the raw material, knowledge and/or technology to do so.
The division of labor is about breaking down the production process of a good in <em>different parts</em> performed by <em>different people</em> instead of having all workers performing all the tasks. The idea is to let workers be <em>specialists</em> in a small amout of tasks so that they can be more efficient and overall productivity can be greatly increased. This concept was introduced by the <u>'father of economics'</u> Adam Smith in his book "The Wealth of Nations" released in 1776.
Specialization and division of labor are complementing concepts that bring a company an increase in productivity and helps achieve economies of scale.
Answer:
Option (3) is correct.
Explanation:
Given that,
Enok, a prospective franchise owner,
Royalty payments = 8 percent of sales could be as high as $300,000 per month
Therefore, the franchiser is claiming that a franchisee can expect monthly sales to be as high as:
= $300,000 × (100 ÷ 8)
= $300,000 × 12.5
= $3,750,000
Option (3) is correct.
Answer:
Skylar is a very organized and timely individual. He always shows up for meetings 15 minutes early. His orientation towards Time is Monochronic
Explanation:
Monochronic time orientation refers to the cultures that set their tasks to a clock within a particular time zone.
This culture exalts punctuality and single focus in a given time frame.
Promptness in time delivery and allotment of time for schedule is the norm here.
In monochronic cultures people will be more inclined to start and end a meeting on the scheduled time then attend to the next task according to the time book.
Everyone is different bc everyone doset make the same amount of money, or have the same amount of money in the bank.
Is there any multiple choice answers to this ?
