Answer:
1. Trade off
2. Opportunity cost
3. Cost-benefit analysis
4. Diminishing marginal utility
Explanation:
1. Giving up one benefit or advantage to gain another regarded as more favorable is called trade-off. Every economic decision involves some trade-off.
2. Opportunity cost is the second-best alternative or value of the alternative, that must be given up when making a choice. Because of scarce resources with alternative uses allocation of resources involves some opportunity cost.
3. Cost-benefit analysis can be defined as the process of examining the benefits and costs of each available alternative in arriving at a decision. Resources are allocated efficiently if the cost incurred and benefit earned is equal.
4. As we go on increasing the quantity consumed of a product, the marginal utility or satisfaction earned from its consumption goes on decreasing. This is called diminishing marginal utility.
Answer:
$165,000
Explanation:
The first step is to calculate the work in process inventory
= 50,000/40/100
= 50,000/0.4
= 125,000
Therefore the total manufacturing cost can be calculated as follows
= 240,000-125,000+50,000
= 115,000+50,000
= 165,000
Hence the total manufacturing costs is $165,000
Answer:
Explanation:
Suppose, you are a team leader & perhaps your opinion is huge and respected by your workers. Then;
Opinion is better-suited for relationship-motivated leadership
However, let say you're promoted from your post to another position to lead a team, it is possible that your followers will get bitter due to the fact that you're being promoted. In this case;
Confident is better-suited for relationship-motivated leadership
Similarly, a scenario where we can have a task motivated leadership is as follows:
Let assume that, your workers are working on a project and you're not present there as a team leader.
Then, Achieve is better suited for task-motivated leadership
Answer:
The answer is True
Explanation:
Marketing cloud connected to an API is typically a process that makes pushing of marketing data to other department in sales easy.
Before we continue, let us define some terms:
API simply stand for Application Programming Interface
Marketing Cloud is a system that allows for the integration of digital marketing tools into a system such as google analytics, for the purpose of motoring client or customer interaction with a particular product or system.
Cloud: This is the process of using a form of server managed and hosted over the internet to manage and arrange data processing.
Going back to the question, since it is a cloud based system, it is typically a shared user system. so the answer is true.
An example of an expansionary fiscal policy is INCREASING GOVERNMENT SPENDING. An expansionary fiscal policy refers to a policy that is used to increase the money supply in an economy. Expansionary fiscal policy come in form of tax cuts, transfer payments, increased government spending and rebates.