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vredina [299]
3 years ago
7

You own a company that produces jewelry with attractive, popular designs but uses resources that makes the product too expensive

for most potential buyers. Which of the following would you do to increase efficiency?
Business
1 answer:
vampirchik [111]3 years ago
5 0

To increase efficiency, arrange a deal with the supplier to lower the cost of the resources

Explanation:

Through increasing efficiency, a business can lower its costs and increase its profitability. Production and efficiency are distinct. The output is the quantity made by a company in a certain period of time. Efficiency processes how much every employee produces over time.

But every business is different, that is, it doesn't operate for all businesses and organisations by a boiler plate process. Nevertheless, you should apply general principles to many different firms and conditions in order to improve the productivity of your business, irrespective of the sector in which it is based.

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The office of management and budget is one of the most powerful agencies in washington because it __________.
matrenka [14]
<span>This office manages the country's money. The budget is important because all of the government programs are given a certain amount of money in it. It must be followed so we have enough money to do what is needed in this country. Welfare, security and other important programs are in the budget.</span>
6 0
3 years ago
Identify which of the factors below are better short-range predictors and which are better long-range predictors of movements in
alina1380 [7]

Answer:

Short range predictors:

c. Nominal interest rate differential

d. Psychological effects

e. Investor expectations

f. Bandwagon effect

Long range predictors:

a. Relative monetary growth

b. Relative inflation rates

Explanation:

Nominal rate, the real rate, and inflation. long term predictors of an economic theory in which a relationship between inflation, nominal interest rate and real interest rate is identified. It defines that real interest rate is equal to inflation minus nominal interest rate.

Bandwagon effect is a short range predictor because it is effect of uptake when people follow others. They take decisions what other do and its their belief that other people have taken the right decision so we too. This is just a short term hop based on beliefs regardless of any underlying evidence.

8 0
3 years ago
"Diminishing marginal​ returns" refer to a situation in which the ______.A. average product of the last worker hired is less tha
galben [10]

Answer: C. marginal product of the last worker hired is less than the marginal product of the previous worker hired

This statement is correct because marginal product refers to the increase in the production, when 1 worker is added to the production process. Diminishing marginal returns set in when adding one extra worker increases the production less than the previous worker did.

Explanation:

5 0
3 years ago
Company FIN3610-FTRA has a six-year project that requires an initial investment of $30,000. Every year, the project will pay fix
lara31 [8.8K]

Answer:

909.09

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$20,000 / 58 - 36 = 909.09

4 0
3 years ago
Pre-determined overhead rates are calculated by dividing estimates of total factory overhead cost in the upcoming accounting per
Anna11 [10]

Answer:

The correct option is A, true

Explanation:

The predetermined overhead absorption rate is a forecast overhead rate usually computed by estimated total factory overhead by the planned usage or capacity  of the unit of the activity.

This is more like planning ahead for the overhead to be incurred, hence the correct option is A , which truly supported that the statement made in the question

3 0
3 years ago
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