Answer:
Answer for the question:
Assume that the hypothetical economy of Molpol has 8 workers in year 1, each working 1,200 hours per year (40 weeks at 30 hours per week). The total input of labor is 9,600 hours. Productivity (average real output per hour of work) is $10 per worker
Instructions: In parts a and b, round your answers to the nearest whole number. In part c, round your answer to 2 decimal places.
a. What is real GDP in Molpol? Suppose work hours rise by 2 percent to 9,792 hours per year and labor productivity rises by 5 percent to $10.5
b. In year 2, what will be Molpol's real GDP?
c. Between year 1 and year 2, what will be Molpol's rate of economic growth? percent
Is given in the attachment.
Explanation:
Answer: Message travels over channel-A
Explanation: For effective Communication, the following steps must be considered
1.Sender has an idea
2.Sender encodes message
3.Receiver decodes message
4Feedback travels to sender.
Using the appropriate marketing channels which involves transfer of products/services from producer to consumer through functions of Specialization and division of labor, one can achieve that messages pass through appropriate channels
In using non-traditional channels the use of the Internet and mail-order channels, are employed .
Answer:
Letter C is correct. <u>Just in time management.</u>
Explanation:
The just in time management system corresponds to a system whose focus is the elimination of waste in organizational processes, so its fundamental principle is lean production according to demand, so that there is greater speed and there is no stock formation and so that the product reaches the consumer in the right place at the right time.
This management system is very advantageous because it promotes the continuous improvement of organizational processes, in addition to reducing losses resulting from waste, which generates several benefits for a company, such as increasing the speed of the production process and reducing inventory costs, which generates a positive consequence in the entire production chain.
Answer:
$1.25
Explanation:
Data provided in the question:
The pre-tax price of gasoline = $1 per gallon
Imposed tax per gallon = $0.50
Now,
The total tax burden on the consumer is $0.50
considering the condition that the consumer tax burden is equal to the producer tax burden
The total tax burden will be divided in equal parts to the consumer and the producer
Thus,
The equal tax burden will be = [ Total tax burden ] ÷ 2
= $0.50 ÷ 2
= $0.25
Hence,
The gross price of gasoline after the tax will be = $1 + $0.25
= $1.25
