<h2>Quality controller or Quality Checker is the job title of Sarai.</h2>
Explanation:
The role of QC is
- To check whether the product is delivered with the expected quality
- To check for expectations and complaints from the customer
- Look for new policy changes and compare that with the day today production.
- Reads blue prints and specification of the product
- Monitors operations
- Inspects and test the product
- Identify re-works and again continue the process of QC
- Accept or reject the finished good
Answer:
Salesperson compensation
Explanation:
According to straight commission plan the sales person is paid compensation on the basis of a fixed percentage of the total sales volume rather than paying a fixed salary.
This method encourages the sales persons to work efficiently towards increasing the sales in return for a compensation or commission.
In this particular case Tyron will receive 10% of $ 6,000 that is $ 600 as a commission for making these sales of $ 6,000.
Answer:
B) -1.5
Explanation:
Cross-price elasticity of demand is calculated by dividing the percentage change in quantity demanded of good A by the percentage change in price of good B.
cross-price elasticity of demand = change in demand of flank steaks / change in price of gas grills = 15% / -10% = -1.5
Answer:
The explanation of this question is given below in the explanation section.
Explanation:
In this question, two different scenerios are given regarding two different economic theory. First, we will know that what is Keynes and Hayek economic theory and then do drag the label to correct situation.
Keynes's economic theory
This theory says the government should increase demand to boost growth. Keynesians believe consumer demand is the primary driving force in an economy. As a result, the theory supports expansionary fiscal policy. Its main tools are government spending on infrastructure, unemployment benefits, and education. A drawback is that overdoing Keynesian policies increases inflation.
Hayek's economic theory
This thoery says that how changing prices relay information that helps people determine their plans is widely regarded as an important milestone achievement in economics
Hayek says that markets will heal themselves and that government should not intervene. Keynes says that governments should intervene in order to soften the blow of a depression/recession.
So, the correct labels for these scenerios are:
Keynes:
A small Caribbean island's economy depends on tourism. However, in recent times, it has seen much less economic activity. Its government decides to let the market correct the situation.
Hayek:
Flour prices have risen in a country where bread is a staple part of the diet. As a result, bread prices have risen tremendously. In an effort to make bread affordable for its citizens, the government has limited how much
bakers can charge for bread.
