Answer
False
Explanation
Data mining is the process of turning raw data into useful information
Answer:
The correct answer is letter "A": true.
Explanation:
Companies using the process costing approach accumulate and assign costs to mass production of a good. Instead, job order costing assigns costs of manufacturing to individual units of production. In process costing, the costs are reported from one department involved in manufacturing to another following the production process. On the other hand, in job order costing, the costs are reported in job cost cards as they are being used.
9. D) 73.50
8.4%*$875
Move the decimal place to multiply by a percent:
.084*875= $73.50
10. D) $15,917
(100 shares * $44.41/per share)+ (600 shares *$19.08 per share) + (.04* [600+100])
($4,441) + ($11,448)+ ($28)= $15.917
Answer:
its cost is least in terms of alternative goods that might otherwise be produced
Explanation:
Comparative Advantage
This is simply explained as when an individual has an opportunity cost of performing a task is lower than the other individuals opportunity cost that is it is more efficient. It is the usual fundamental basis for international trade. Its principle includes production at a maximum peak to be achieved if each individual focus on the job or activities for which his or her opportunity cost is lowest.
Opportunity Cost
This is simply known as the highest valued of an alternative that must be given up so as to be involved or engage in an activity/job or task. There are several sources of a comparative advantage. They includes;
1. Climate and natural resources
2. Relative abundance of labor and capital
3. Technology
4. External economies etc.
classical economists are more likely than Keynesian economists to focus more on unemployment. This is further explained below.
<h3>What is
unemployment?</h3>
Generally, unemployment is simply defined as unemployed persons who are looking for employment and are prepared to start work immediately.
In conclusion, Unemployment is an issue that receives greater attention from classical economics than from Keynesian economists.
Read more about unemployment
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