Answer: Option (a) is correct.
Explanation:
Correct Option: a ratio between the inputs and outputs for which a manager is responsible.
The productivity refers to the value of output that is produce by a factor of production (For example; labor). It is also tell us about the efficiency of a person or any other factor of production for completing a particular work. Productivity grows as the output increases at a faster rate than the inputs.
Answer:
Particulars Make Buy Incremental cost
Manufacturing cost $474,000 $474,000
Purchase $393,420 ($393,420)
(474,000*$0.83)
Fixed Cost $94,800 ($94,800)
(474,000*$0.20)
Total relevant cost $474,000 $488,220 ($14,220)
Conclusion: The company should make the fitting and the incremental savings will be $14,220
Answer:
What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method? $15500
Explanation:
Net Value Dep. year End Net value.
Year 1 55000 12000 43000
Year 2 43000 12000 31000
Year 3 31000 15500 15500
Year 4 15500 15500 0
Answer:
Correct option:
an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good
Explanation:
If a country has
- an absolute advantage in producing a good, it definitely also has a comparative advantage in producing that good.
- an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good
- a comparative advantage in production of a good, it must also have an absolute advantage in producing that good.
- an absolute advantage in producing a good, it definitely will not have a comparative advantage in producing that good.
- None of these answers is correct.
the absolute advantage refer to the quantity of output of a certain good.
if country A does 100 and B 50
then, A has an absolute advantage as it can out produce B
the competitive advantage will when the opportunity cost of making a cartain product is lower than the other.
If A can do 500 of anther goods
while B can do 50
then the comparative advantage favors B
as it cost 50 /50 = 1 good to produce the produce
while for country A it cost: 500/50 = 10 goods to produce it.
GIven this analysis, the option B will be the correct
a country with an absolute advantage might or might nothave a comparative advantage as well.
Answer: False
Explanation:
A limited partnership is a form business partnership formed by at least one general partner and at least one limited partner(also known as the silent partner).
The general partner is responsible for the supervision of the daily operations in the business and also personally bears the liability of the business: while the limited partner only role in the business is to support the business with capital and shares in the business profit but doesn't personally carry the burden of the business liability.
