Answer:
An output that maximizes revenue and profits. If a firm can price discriminate, it will sell its product or service at a different price to every single consumer. Perfect price discrimination refers to pricing your product at exactly the highest amount that each individual consumer is willing to pay, i.e. consumer surplus disappears.
Answer:
The overhead for the year was $130,075
Explanation:
GIVEN INFORMATION -
ESTIMATED ACTUAL
Manufacturing overhead $132,440 $128,600
Machine hours 2800 2750
Here for calculating the overhead for the year we will use the following formula =
\frac{Estimated Manufacturing Overhead}{Estiamted Machine Hours}\times Actual Machine Hours
= \frac{\$132,440}{2800}\times 2750
\$47.3\times 2750 = \$130,075
Therefore the overhead for the year was $130,075
Answer:
Perfect competition is a market structure in which a large number of firms produce the same product.
Explanation:
Items at a grocery store are an example of perfect competition. onsumers have many options at multiple price points.
Answer:Local content requirements (LCRs
Explanation: This refers to policy measures which expects a particular certain intermediate goods to be produced from domestic manufactures. This means for a company to operate in a particular state they need to produce some of their product from that state , use domestic manufacturing this ensure they don't take everything for themselves but are actual contributing to that state deeply.
Answer:
"Silence is golden" teaches that it is not everytime that somebody must say something. At times, it is better to keep quiet and listen to others and the environment instead of talking meaninglessly.
At the workplace, it is better to apply this "silence is golden" rule instead of asking or making unrelated questions or comments. Relevance is important in communication. Off-handed revelations can be offsetting and can damage one's character, if left unchecked. If you want to ask a question in any situation, please ensure that the question is related to the topic under discussion. If you want to make a comment during departmental meetings, first make the comment in your head and evaluate its relevance to the subject being discussed. After your evaluation, you may discover it was not necessary to ask the question or make the comment, then withdraw it. Do not fall into the habit of asking irrelevant questions or making unnecessary comments because you want your voice to be heard. We learn more from listening to others than from talking.
Another instance were "silence is golden" is when you are under emotions. Hold yourself in check at such moments and do not allow yourself to ask questions or make comments that will hurt the feelings of those around you. Some people are sentimental and will not appreciate nor excuse such remarks. Hold your tongue. Cry if you must, but do not voice out your emotions without control. People do not easily forget such remarks even though they realize that you were emotionally charged. Let your peace reign in your heart.
Explanation:
A workplace is not the most appropriate place to voice out some thoughts. You must recognize your purpose of being there in the first instance: to work and earn a living. So, simply do that. Do not be known as a talkative.
