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Kryger [21]
3 years ago
10

Children are likely to carry on the economic tildes of there parents in a __?

Business
1 answer:
julia-pushkina [17]3 years ago
7 0
In a traditional economy option C
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1) Illustrate how the type of work that he or she does influences a person's lifestyle. For example, contrast a farmer, a factor
steposvetlana [31]

Answer:1)The type of one job influences his lifestyle

2)No

3) value of self services in an economy includes improved customer services,more convenient , reduced overhead cost, customer satisfaction, increase productivity.

Explanation:Type of job tells a lot about people lifestyle,eg a person who spend very long hours at work hardly have adequate rest and social life.

Contrasting between farmers, school teacher and factory worker,the factory workers are semi skilled,teachers skilled and farmer could be non skilled ,the school teacher schedule is always fixed 8am to 4pm for instance so they are more organized,they are mostly in formal attire while a factory worker run shifts and may be see in safety boots and overall and may have little or erratic schedules .the farmer on the other hand has no schedule ,has relaxed routine,wear casuals and not necessarily tidy,does things when willed as most are self employed.

Even in their eating habits,farmers eat more of fresh food,while teachers eat processed foods and factory workers are more likely to eat junks or snacks.

While a school teacher may be seen with books ,a factory worker may be seen with machines and equipment and farmers with tools ,tractors etc

2)An economy can only thrive on goods and services,as both are needed for survival,a service person need commodities like foods,clothes etc to survive while a good traders cannot do without services like transportation,banking etc

3)the value of self service include overhead cost reduction,self service involves customer serving themselves with limited involvement of a third party or vendor e.g payment at pos at gas station, uses of ATM for cash withdrawal etc.

The organization uses less resources like staff,PCs to run self service this fund can be invested in other areas.

Increase customer service occurs as a result of self service , customer can do their trasaction at their pace and convenience.

4 0
3 years ago
A company had inventory on November 1, of 5 units at a cost of $24 each. On November 2, they purchased 14 units at $26 each. On
Serggg [28]

Answer:

e

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

If 11 inventories were sold, the inventory left would consist of 13 units purchased on the 2nd and 5 units the company had on the 1st

Inventory value = (13x 26) + (5 x 24) = 458

8 0
3 years ago
If the price level is fixed and autonomous expenditures rise by $40, then the multiplier model would predict that the aggregate
Bumek [7]

Answer: shift out by more than $40 if the mpe is between 0 and 1

Explanation:

If the price level is fixed and autonomous expenditures rise by $40, then the multiplier model would predict that the aggregate demand curve would:

SHIFT OUT BY MORE THAN $40 IF THE MPE IS BETWEEN 0 AND 1

8 0
4 years ago
What created the federal reserve banking system
telo118 [61]

Answer: woodrow willson

Explanation: i paid attention in class

3 0
3 years ago
Activity #1 picture identification as to what type of business
Ann [662]

Answer:

1. Manufacturing

2. Service

3. Merchandising

4. Manufacturing

5. Hybrid type of business

Explanation:

I'm not sure about my answers but- they are based on logic if you look closely at each picture

¯\_(ツ)_/¯

3 0
3 years ago
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