Answer:
Rise
Explanation:
A monopoly is defined as a market situation where only one seller determines the supply and price of a product, because they are the only ones that produce it.
When forms make technological advancements, they are able to make processes cheaper. So there is more money saved that can be used to increase production.
In this scenario for every product manufactured there is a $40 saved. This excess cash can be put back into the production to increase the output and profit.
Answer:
Theory X Manager
Explanation:
Douglas McGregor presented this perspectives of human being named as Theory X (which is labeled as negative).
McGregor after studying the manager's behavior and how they are dealing with their employees, came to the conclusion that the manager’s views of the nature of human beings are built on the particular assumptions taken from their behavior.
According to Theory X, managers tend to believe that not liking the work is present in employee nature and therefore it is necessary to direct or even force them to perform tasks and their required job.
To put it another way, theory X basically tries to put that all humans and particularly employees are lazy, and they don't want to work, they are required to pull and push for doing so.
Answer:
c. He was a member of the French Parliament using satire to illustrate the foolishness of the arguments used by the proponents of trade restrictions.
Explanation:
Frédéric Bastiat was an economist, journalist and member of the French parliament in the wing of economic liberalism. Regarding his economic thinking, Bastiat had a strong inclination or liberalism and consumer protection against any kind of corporate authority. For him, the government was responsible for guaranteeing the lives of citizens, individual and commercial freedom and protection of property. Regarding commercial freedom, he presented himself against commercial restrictions, he thought this was a step backwards and satirized those who defended it, as you can see in the question above.
Answer:
C) It leads to a decrease in per capita GDP. (sorry if it's late)
Explanation:
Answer:
D. $ 45
Explanation:
According to data given in question:
Bernard Company's budgeted manufacturing overhead = $2,700,000
Direct labor hours for the period = 60,000 hours
As Overhead is allocated on the basis of direct labor hours.
Manufacturing overhead rate = $2,700,000 / 60,000 hours
Manufacturing overhead rate = $45 / hour
So the correct Answer is D. $ 45
