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RSB [31]
3 years ago
6

Briefly explain economics​

Business
1 answer:
Valentin [98]3 years ago
7 0

Answer:

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

Explanation:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. The building blocks of economics are the studies of labor and trade.

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If the marginal product of labor is increasing, the marginal cost of output must be
SVETLANKA909090 [29]
Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.



If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.



Hope that helps!!!
4 0
4 years ago
What is the effect of firm strategy in software marketing​
Gnom [1K]

Explanation:

Line m is parallel to line n.

m-

n

LOCO

5 16

74

5.3

7 0
2 years ago
Norred Corporation has provided the following information: Cost per Unit Direct materials Direct labor Variable manufacturing ov
mariarad [96]

Answer:

$134,300

Explanation:

Total indirect manufacturing cost = (Unit Produced * Variable manufactured overhead) + Fixed manufacturing overhead

= (8,000 * 1.60) + 121,500

=12,800 + 121,150

=$134,300

Hencc, the total amount of indirect manufacturing cost is $134,300

4 0
3 years ago
Ler Ben receives $1,000 from a customer for deposit into the customer's bank account. Instead of placing the mo , Ben puts it in
Kay [80]

Answer:

The offense committed by Ben is;

D. Embezzlement

Explanation:

While conducting business, there are numerous activities that are considered an offense. An offense is a crime that is punishable in a court of law. Some examples of offenses that can be committed in business are;

1. Forgery

Forgery is the act of imitating a writing in which the legal rights and obligations of the person is affected in one way or another. Forgery is majorly done for false misrepresentation. Some of the items that can be forged are; documents, signatures, banknote or even a work of art. Forgery is a criminal offense.

2. False entries

A false entry is a deliberate mistake in writing or oral meant to trick or confuse an entity mostly used to get money dishonestly. A false entry is also a criminal offense.

3. False token

A false token is a dishonest mark or symbol that is used to commit crime. The use of false tokens is also a crime.

4. Embezzlement

Embezzlement is the stealing of funds from a government, company or a business by an individual who the funds were entrusted. An example is Ben who misappropriated $1,000 that was meant to be deposited in a customer's bank account by putting it in his own pocket.

5 0
4 years ago
One of the advantages of the Weighted Point Evaluation Method is that it: A. Keeps the number of suppliers in a Supply Chain low
sergejj [24]

Answer: B. Allows supplier performance to be tracked over time

Explanation:

The Weighted Point Evaluation Method is used to select the best supplier to provide for the company's type of need.

It works by assigning weights to the different characteristics of the product which enables one to add high weights to more preferred characteristics. The products offered by various suppliers are then given weights based on these characteristics/categories as well and then a weighted average is computed.

The highest supplier can then be chose. One advantage of this is that it allows for Supplier performance to be tracked overtime as those performances are used in this method to decide the optimal supplier.

8 0
3 years ago
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