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dem82 [27]
3 years ago
12

Consider a simple economy whose only industry is fishing. In this industry, productivity—the amount of goods and services a work

er can produce per hour—is measured by the number of fish one fisherman catches per hour. In the following table, match each example to the productivity determinant it represents.
Examples Human Capital per Worker Natural Resources per Worker Physical Capital per Worker Technological Knowledge
The fertile waters in which the fish feed and breed
The skills workers develop through training before working on and piloting boats
A route fishing boats can follow to maximize their catch at different points in the day
The boats in the fishing fleet
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
8 0

Answer:

The fertile waters in which the fish feed and breed ⇒ <u>Natural Resources per worker. </u>

The skills workers develop through training before working on and piloting boats ⇒ <u>Human Capital per worker. </u>

A route fishing boats can follow to maximize their catch at different points in the day ⇒ <u>Technological Knowledge.</u>

The boats in the fishing fleet ⇒ <u>Physical Capital </u>

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3 years ago
The odd-lot trading theory advocates that small investorsA) tend to buy high and sell low.B) react in a manner which generally f
Umnica [9.8K]

Answer:

The correct answer is A) tend to buy high and sell low.

Explanation:

The theory of odd lots is a theory of technical analysis based on the assumption that the small individual investor who trades foreign lots is often wrong. Therefore, if sales of odd lots increase and small investors are selling a share, it is probably a good time to buy. Vice versa, when purchases of odd lots increase, the theory of odd lots would indicate a good time to sell.

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4 years ago
With adequate security controls and defenses, an organization can oftenreduce its risk to zero.
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5 0
4 years ago
Monica received an inheritance of $70,000. She invested part at 11% and deposited the remainder in tax-free bonds at 10%. Her to
erica [24]

Answer:

The correct answer is $50,000.

Explanation:

According to the scenario, the given data are as follows:

Amount = $70,000

Invested at rate = 11%

Tax free investment = 10%

Total income from investments = $7,500

So , we can calculate the invested at 11% by using following formula:

Let the amount invested at 11% = X

So,

= 11% × X + (70,000 - X) × 10% = $7,500

= 0.11 × X + (70,000 - X) × 0.1 = $7,500

= 0.11X + 7,000 - 0.1X = $7,500

= 0.11X -0.1X = $7,500 - $7,000

= 0.01X = $500

X = $500 / 0.01

= $50,000

Hence, the amount invested at 11% is $50,000.

5 0
4 years ago
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni
yarga [219]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Direct material:

Standard Quantity= 6.8 pounds per unit

Standard cost= $3 per pound

Direct labor:

Standard hours= 0.40

Standard cost= $13 per hour

Direct material purchased= 13,200 punds

Direct material used= 11,880 pounds

Direct material cost= $2.90 per pound.

Production= 1,320 units

<u>With the information provided, we can only calculate the direct material price and quantity variance. We don't have the actual direct labor hours and costs.</u>

To calculate the direct material variances, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (3 - 2.9)*13,200= $1,320 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6.8*1,320 - 11,880)*3

Direct material quantity variance= (8,976 - 11,880)*3= $8,712 unfavorable

5 0
3 years ago
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