Answer:
differential cost of producing product C = $24 per pound
Explanation:
given data
B currently selling = $30 per pound
produce cost = $28 per pound
C would sell = $60 per pound
produce additional cost = $24 per pound
to find out
What is the differential cost of producing Product C
solution
we get differential cost of producing product C is express as
differential cost of producing product C = cost of (B+C) - cost of B .............1
put here value we get
differential cost of producing product C = (28+24) - 28
differential cost of producing product C = $24 per pound
Answer:
The correct answer is letter "A": Those who are unwilling or unable to pay for the good do not obtain its benefits.
Explanation:
The excludability feature of goods does not allow individuals to have access to them without having paid for them. Thus, non-excludable goods are those that no one cannot prevent its use. <em>Private goods</em> (clothing, vehicles, houses) are excludable but they are also considered rival goods since when one person uses it another individual cannot consume the goods.
Take home pay is the other term used for gross salary.Take home pay happens when all the tax and other payment obligations is already deducted. For Example: => you're monthly salary is 15 000 dollars. => your tax for example is 1500 dollars per month => then you have to pay also for your sss, pag-ibig, philhealth and any other payment that needs to be settled.<span>The your salary, minus the tax and other payments is equals the take home pay.</span>
Answer:
Correct option is 'It is through studying and testing of different work methods to identify the best, most efficient way to complete a job'
Explanation:
Scientific management refers to employing different methods or workflows to improve labor work efficiency, thereby achieve organizational objectives in a efficient way.
Application of scientific methods to improve efficiency proved highly beneficial. One of the methods was to break down big tasks into smaller and simpler tasks and dividing the tasks among the labor as per their skills. This ensured quality work.
He did maximize the utility <span>according to the utility maximization rule</span>.