You could train staff so they are able to work quicker and produce better quality of products
Or
Lean production which can make the company more efficient on stock , reduces waste, to do this you have to have just in time(JIT) or Just In Case(JIC) hope this helps.
The ramen noodles that the college students have brought is
considered to be a rivalrous type of good in which is at the excludable part.
This is where the clothing, cars, parking space and even private goods or foods
falls under as ramen noodles is considered to be a food.
Answer:
This type of unemployment is called structural unemployment
Explanation:
Structural unemployment refers to the unemployment which happens due to a structural change in the economy, for instance, when there is a development of a new technology or industry. For example, when a person finds a cure for all dental diseases, and as a result, a dentist loses his/her job, this will lead to being structurally unemployed.
As we can see in the scenario presented above, the invention has cost the typists their jobs, and this is because there is a mismatch between the skills of the typists and the potentials offered by the invention.
Answer:
5% approx
Explanation:
Given that
Number of people in the world = 6.25 billion
And the number of people live in North America = 310 million
So, the percentage of the world population lives in North America would be
= (Number of people live in North America ÷ Number of people in the world) × 100
= (310 million ÷ 6.25 billion) × 100
= 5% approx
Answer:
Total Unit cost 430 $/Unit
Explanation:
ALCULATE UNIT COST :
AMOUNT
Beginning work in process 500
Direct material 800
Direct labour 300
Overhead (300*40%) 120
Total cost of job 1720
Units 4
Unit cost 430
