Answer:
workers may be replaced by machines.
Explanation:
Potential output is not purely a physical measure based on the number of workers and existing factories because: workers may be replaced by machines.
Economists define potential output as what can be produced if the economy were operating at maximum sustainable employment, where unemployment is at its natural rate.
Output in economics is the "quantity of goods or services produced in a given time period, by a firm, industry, or country". This will include output both by workers and machines
Answer:
see below
Explanation:
1. Closing price: The amount a stock ended at for the day
2. Limited partnership: Investing in a business without running it
3. Flipping: Fixing up a property to sell it for a profit
4. Maturity date: The date the bond expires and the principal is due
Answer:
the overhead rate is $50 per machine hour
Explanation:
The computation of the overhead rate is shown below:
Predetermined overhead rate
= Estimated total Overhead ÷ Estimated total machine hour
= $10,000,000 ÷ 200,000 hours
= $50 per machine hour
hence, the overhead rate is $50 per machine hour
The same should be considered and relevant
Answer:
When an amoeba doubles it's genetic material, creates two nuclei and starts to change is shape forming a narrow "waist" in its middle. This process usually continues until the final separation into two cells.
Answer:
d. look at their relevance
Explanation:
The EFOM model stands for european foundation for quality management that deals in self assessing for determining the strengths and the areas in order to improve the activities of the organization
The first and foremost step for result assessment is to look to their relevance whether it is relevant or not i.e. important or not
So as per the given situation, the option d is correct