Answer:
A) Job simplification.
Explanation:
Job simplification makes it easy to complete the whole task by dividing it into small steps. Basically this can improve productivity and efficiency.
For instance: A whole task was done by a single employee and it took him a day to complete it, through Job simplification task would be divided into steps and those sub tasks would be assigned to different employee's with a deadline to complete it in 6 hours, much less than the formal employee took.
<span>When bic introduced disposable razors, the product and market met several criteria for using market-penetration pricing.</span>
Answer:
C. Increased; 5%
Explanation:
PURCHASING POWER can be seen as the way in which a sum of money can purchase a products in the market which will inturn help to determine the how the market conditions can be currently which is why in a situation where the PURCHASING POWER of a dollar REDUCED it will tend to lead to INCREASE in price level and in a situation where the PURCHASING POWER of dollar INCREASED it will tend to lead to REDUCTION in price level.
Therefore Based on this we can determine that Dave’s purchasing power INCREASED by 5% in 2010 reason been that we were told that his overall price level FELL which lead to the INCREASED in the purchasing power by 5% calculated as:
Using this formula
Purchasing power=Increase in annual salary+Decrease in price level
Let plug in the formula
Purchasing power=4%+1%
Purchasing power=5%
Therefore we can determine that Dave’s purchasing power INCREASED by 5% in 2010
The mentioned things above are an example of commercial
drugs. It is because a commercial drugs is a way of having transformation to be
processed in order to create a new or different substance which are house hold
cleaning products, glues and even pesticides for they are processed to be
created as a new substance for a specific use.
Answer:
Part a)
Scholars assumed that value must be accustomed to succeed in Associate in nursing equilibrium whereas combination production remains mounted at the total service level. Value is decided by the issue costs. Per Say’s law, once an explicit level of actual gross domestic product is created within the frugality, it conjointly regulates the amount of financial gain needed to get the products and facilities. The issue financial gain attained by the aspects of production yield combination request for output within the budget. Conversely, it should conjointly happen that each one financial gain isn't spent and a few of the revenue is retain at bank. Factors of production and making perform along regulates the products and facilities to be created within the budget or the number of value. Issue costs controls the value. Value of the aspects adore labor, wealth and land are successively resolute by the request and provide of the aspects. Once offer of the issue rises, value of that issue falls and companies tend to rent additional factors. Balance output increases on top of its expected rate and the other way around.
Part b)
In product market, equilibrium is decided by the demand and provide of the particular smart or service within the market. Once combination offer of the merchandise decreases with unaffected demand, value rises however amount decreases. On the opposite hand if combination demand for the merchandise increases, each value and output increase.
In the production market, value of various issues depend upon their various offer and demand for the aspect. Once Associate in nursing budget disburses, demand for product will increase. So state during this amount falls. Within the traditional model, offer of issue is supposed to be mounted at any value. Hence, value of the issue is decided by the request for the effort. Once demand will increase, the issue demand curve moves to the correct and value of the aspect increases.
The loan-able funds, wherever discount Rate is decided. Discount rate is nothing however price of borrowing. Offer of loan-able funds derives from investments and request for loan-able funds derives from the stockholders within the variety of asset demand. Once offer of funds increases, discount rate falls and the other way around. Once investment (I) > savings => discount rate increases to balance loan-able funds market.
Part c)
Value of loan-able funds i.e. discount rate has unusual role in decisive production of the economy. Discount rate is adversely relating to the asset. Once discount rate is low, price of asset is low so companies are predictable to take a position additional in enlargement of production. Within the event of technical innovation, new asset is needed within the economy. Thus, low discount rate supports the stockholders during this drive and for economic process.