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Marina86 [1]
3 years ago
5

Answer the following question on the basis of the information about the hypothetical economy of Nanawaiya. All figures are in th

e millions. Not in the labor force 45 Unemployed 7 Total population 45 Employed 95 Discouraged Workers 3 The labor force is __________ Group of answer choices
Business
1 answer:
boyakko [2]3 years ago
3 0

Answer:

102 million

Explanation:

Labor force is define as the sum of employed and unemployed in an economy.

Labor force = Employed+ Unemployed

Labor force = 95 million + 7 million

Labor force = 102 million

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One of Sanjay's work responsibilities is to check inspection stations periodically to monitor the quality of the products throug
Nikitich [7]

Answer:

This is an example of quality control

Explanation:

A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.

One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.

Quality control helps companies identify areas that need to be improved, thus raising overall product value.

3 0
3 years ago
ABC Company expects to sell 1,000 computers and earn operating income of $30,000 next year. Its degree of operating leverage is
Alex17521 [72]

Answer:

New expected operatimg income is $ 45,000

Explanation:

Degree of Operating leverage =<u> %change in operating income</u>

                                                     % change in sales

2.5 =<u> % change in operating income</u>

                 20%

2.5 × 0.2 = % change in operating income

0.5 or 50%  = % change in operating income

50% =<u> x-30,000</u>

           30,000

0.5× 30,000 = x- 30,000

15,000 + 30,000 =  x

$45000 = x

7 0
3 years ago
What is the difference between marginal values and average​ values?
tester [92]

What is the difference between marginal values and average​ values? Marginal values show the additional benefit or cost from consuming an additional unit of a​ good, while average values are the benefit or cost per unit of a good. When finding the marginal value a marginal analysis is conducted to figure out at what value a person will receive another benefit from making another purchase or consumption of a good or service.

4 0
3 years ago
A small business owner is skeptical about online transactions. They are worried that information may be stolen in transmission o
Pie

Answer:

Using Encryption and also digital certificate technologies

Explanation:

Encryption and digital certificate technologies could be used. The data can be encrypted before transmission. Only the intended recipient of the transmission will be able to decrypt and use it. In addition, digital certification service can also be used to ensure the authenticity of the other party. The standards for processing financial transactions quite strict enough to ensure safeguarding the interests of the card issuer, the cardholder and the merchant.

5 0
3 years ago
Degregorio Corporation makes a product that uses a material with the following direct material standards:
dimaraw [331]

Answer:

Materials quantity variance = $2,350 F

Explanation:

Given:

Standard quantity = 3.7 kilos per unit

Standard price = $5 per kilo

Unit produced = 6,300

Total material = 23,780

Computation:

Materials quantity variance = (Actual quantity × Standard price) - (Standard quantity × Standard price)

Materials quantity variance = (23,780 × $) - (6,300  × 3.7  × $5)

Materials quantity variance = $118,900 - $116,550

Materials quantity variance = $2,350 F

3 0
3 years ago
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