Answer:
The correct option is A, Samantha weed and Adam will rake because these are the goods each has a comparative advantage in.
Explanation:
The opportunity formula comes handy in this case, which is given below:
opportunity cost formula=what one sacrifices/what one gains
If Samantha were to weed flower beds, opportunity cost is computed thus:
Opportunity cost of Samantha weeding flower beds=8/4= 2 bags of leaves raked
The opportunity of Adam weeding flower beds=25/5 =5 bags of leaves raked.
In a nutshell ,if Samantha weeds flowers they would lose 2 bags of leaves raked while if Adam were to do so same, they would lose 5 bags of leaves raked, conclusively Samantha should weed flower beds since she has lower opportunity, higher comparative advantage
Answer:
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Appendices are detailed information that expands upon main areas of your business plan that should be included in which portion of the plan.
A business plan is a document that defines in detail an employer's goals and how it plans to gain its goals. A business plan lays out a written roadmap for the firm from advertising and marketing, monetary, and operational standpoints. both startups and hooked-up companies use commercial enterprise plans.
A business plan is a properly written document containing the goals of a business, the methods for reaching the one's dreams, and the timeframe for the success of the desires.
Correct plans are normally notably certain and consist of data on all elements of the business, which include the enterprise, advertising, finance, employees, and numerous running procedures. They may be unique, talk to all company employees, and require commitment from absolutely everyone.
Learn more about a business plan here brainly.com/question/1958071
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Answer:
The two methods used to forecasting labor demand and supply are: Statistical Method and Judgmental Method.
The Statistical method collects previous historic data regarding company's demand and supply for qualified employees and provides forecasting for the particular period. It is feasible when other factors remain same in the organisation. It is not feasible when the organisation changes its objectives, mission and vision etc
<u>Cost and Benefit</u>
It prevents future shortage of qualified employees
It avoids disruption over operation
The Judgmental method is when the company follow judgmental method, that is it is based on manager's experience of conducting survey to estimate employees requirements on future operation.
It is feasible for small and medium size organisation for short term forecast. It
<u>Cost and Benefit</u>
It avoids short-run shortage of employees
It avoids short-run surplus of employees.