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Furkat [3]
3 years ago
9

Mario is a skilled jet flyer that was recently hired by Meagan who is starting an airline business that allows travelers to trav

el to small cities at half the price of Delta Airlines flights. Which factor of production is Mario?
A . Entrepreneurship
B . Labor
C . Capital
D . Land
Business
1 answer:
natulia [17]3 years ago
8 0

Answer:

B . Labor

Explanation:

Labor refers to human efforts or contribution to the production process. Human beings provide skills, knowledge, experience, energy, and time in making products or in the provisions of services. Human beings are compensated with salaries, wages, and other benefits in exchange for labor.

Marion will be employed as a pilot. Meagan requires the skills of a person to offer services to customers. Mario will be providing labor services.

You might be interested in
According to appraisers a public school would be considered which type of property?
swat32

According to appraisers, a public school would be considered a service type of property.

<h3>What is the meaning of appraisers?</h3>

An appraiser refers to the person who carries out the formal process for assessing the employee's performance. It is the action performed to judge and assess the performance and value of others.

Service property is the type which is includes the school property as per the appraisers. Therefore, it can be concluded that A public school, according to appraisers, is a service kind of property.

Learn more about appraisers here:

brainly.com/question/14811531

#SPJ4

6 0
2 years ago
For Roche Inc., variable manufacturing overhead costs are expected to be $20,950 in the first quarter of 2020, with $4,230 incre
Dvinal [7]

The manufacturing overhead budget by quarters and in total for the year is as follows:

<u>Explanation:</u>

Particulars             Q1          Q2        Q3        Q4        Total

Variable costs     20950    25180    29410   33640   109180

Fixed costs          35800     35800    35800  35800   143200

Total                    56750      60980    65210    69440   252380

manufacturing costs

Note ; the total manufacturing costs is the sum total of the variable costs and the fixed costs that haveen assigned and allocated to each of the quarter respectively and in totality.

Note 2. in the variable cost , each quarter cost has been increased with an amount of $4230 as mentioned in the question and the fixed cost remains the same in each quarter as given in the question.

6 0
3 years ago
ierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned
hoa [83]

Answer and Explanation:

The computation of the ending balance of the work in process is shown below:

For April month

= $6,100 + $5,900

= $12,000

For May month

= $5,900 + $5,800 + $5,100 + $6,800

= $23,600

For June month

= $6,800 + $4,600

= $11,400

In this way the ending work in process is to be calculated for each month and the same is to be considered

3 0
4 years ago
The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company
Alex_Xolod [135]

Answer:

The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company with a BBB- rating.

True

5 0
4 years ago
An artisan who creates customized furniture has a customer who is interested in purchasing several pieces of furniture. The arti
koban [17]

Answer:

2) Set the price of each piece of furniture equal to the marginal cost of producing it.

Explanation:

What happens in two-part tariff is that the producer recovers the entire cost of producing by charging price equal to the marginal cost.

This helps him recover cost and the entire fee the producer charges results in profits eventually. Hence, the profits is the consumer 'surplus' that we calculate given that the price of product is equal to marginal cost.

So answer here is 2- Set the price of each piece of furniture equal to the marginal cost of producing it.

8 0
4 years ago
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