A. Money market through borrowing and saving by households and businessesB. Public sector through the mechanism of central planningC. Business sector through the mechanism of advertisingD.Private sector through the earning and spending of income
Private sector through the earning and spending of income
Answer: Option D.
<u>Explanation:</u>
A market economy is a monetary framework wherein the choices in regards to venture, creation and dissemination are guided by the value signals made by the powers of organic market.
The meaning of a market economy is one in which cost and creation is constrained by purchasers and dealers uninhibitedly leading business. A case of a market economy is the United States economy where the speculation and creation choices depend on organic market.
Answer:
If Blue ridge decides to purchase the parts instead of manufacturing them, their total costs will increase by $21,300
Explanation:
currently Blue Ridge's costs are:
variable costs = $69,000
fixed costs = $69,000
total $138,000
total cost per unit = $138,000 / 45,000 units = $3.0667 per unit
if Blue Ridge decide to outsource the production of the parts:
variable costs = 45,000 x $4 = $180,000
decrease in fixed costs = $69,000 x -30% = -$20,700
total costs = $159,300
If Blue ridge decides to purchase the parts instead of manufacturing them, their total costs will increase by ⇒ $159,300 - $138,000 = $21,300
Answer:
D
Explanation:
Well public is all about quality
Answer:
The correct answer is c. McGregor's Theory X.
Explanation:
Theory X is defined by Douglas McGregor in his 1960s book "The Human Side of Enterprise" as an <em>authoritarian</em> style of management. In the book, McGregor explains that styles of management are greatly influenced by how the manager views people. Theory X is based on the view that workers are inherently lazy and unmotivated, prefer to be directed, do not like to take responsibility and dislike to work in general. In this style of management, it is assumed that the only way to push employees to work is to provide them with incentives or punishments, according to their performance. Also, authority is centralized on a select few and employees are strictly controlled and supervised.
In this particular case, Gerard fits the Theory X style of management, as he coerces and threatens employees to push them to do their jobs. He has the belief that people don't like to work and avoid it.
Answer:
Explanation:
Given:
Product B1
#of setups 20
machining hours 4000
Orders packed 350
#of products manufactured 400
Setup dep overhead = 15,000
Machining dep overhead = 165,000
packing department overhead = 60,000
Overhead assigned to B1:
20/40 *15,000 = 7,500
4000/5000 *165,000 = 132,000
350/500 *60,000 = 42,000
Total = 181,500
