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3 years ago

A quantity standard indicates how much of an input should be used to make a unit of product or provide a unit of service.

Business

1 answer:

viva [34]3 years ago

6 0

Answer: True

Explanation:

The Quantity standard is an amount that a business sets based on different factors that they believe should be the optimal amount of input to be used in a the production of a good or the provision of a service.

This will enable the business to better estimate their costs and requirements as well as compare actual production to standard production so that they may keep improving the efficiency of the business.

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Country A had a population of 2,000, of whom 1,300 worked an average of 8 hours a day and had a productivity of 5. Country B had

SpyIntel [72]

Answer:

Country

c. B had the higher level of real GDP and Country A had the higher level of real GDP per person

Explanation:

Country A's population 2,000, worked 1,300 with 8 hours a day with a productivity of 5 = 52,000 units of something produced. GDP per capita = 52,000 / 2,000 = 26 per capita

Country B's population 2,500, worked 1,700 with 8 hours a day with a productivity of 4 = 54,400 units of something produced. GDP per capita = 54,400 / 2,500 = 21.76 per capita

3 0

3 years ago

Si para cierta cantidad de un bien su demanda es elástica el ingreso total será creciente

joja [24]

Answer:

Literally like everyone here speaks english

Explanation:

3 0

3 years ago

Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs

Kipish [7]

Answer:

Project S = $672.48

Project L = $11,500

Explanation:

Net Present Value (NPV) Is Calculated by Taking the Present day (Discounted) Value of all future Net Cash flows based on the Business Cost of Capital and Subtracting the Initial Cost of the Investment.

Using a Financial Calculator NPV calculations will be as follows:

Project S

CF0 = ( $11,000)

CF1 = $3,400

CF2 = $3,400

CF3 = $3,400

CF4 = $3,400

CF5 = $3,400

i = 14 %

NPV = $672.48

Project L

CF0 = ( $23,000)

CF1 = $6,900

CF2 = $6,900

CF3 = $6,900

CF4 = $6,900

CF5 = $6,900

i = 14 %

NPV = $11,500.

5 0

4 years ago

Richard participated in a study conducted by an advertising agency. During his interview, he was asked to gauge the services pro

Rasek [7]

Answer:

The correct answer is letter "A": product-specific preplanning inputs.

Explanation:

Product-specific preplanning input is a series of efforts carried out by advertisements agencies to collect information about industry competitors, work processes, and consumers patterns and preferences on determined products that will allow them to create a strategy to merchandise a new good or service in the market.

Product-specific preplanning input makes use of focus group interviews and demographic and psychographic segmentation as feeds to create marketing strategies.

6 0

3 years ago

The government wants to make Medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the

ArbitrLikvidat [17]

Answer:

A. elective surgery due to its lower marginal utility per dollar of expenditure.

Explanation:

As there is non essential elective surgeries, as from government's point of view since it is non essential that is not required and not utilized by major citizens of the country, and since there is requirement of budget cut-down. The government shall remove elective surgery.

as the amount of expenditure involved in these surgeries is also high and the resulting utility for each surgery is really low, it shall be removed.

5 0

3 years ago