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wlad13 [49]
3 years ago
11

Which two ways is productivity commonly measured? (Select two answers.) Number of workersAge of workersHours of laborLevel of ed

ucationNumber of competitors
Business
1 answer:
Mashcka [7]3 years ago
6 0

Answer:

  • Number of workers
  • Hours of labor

Explanation:

Productivity is a gauge of efficiency in the production process. The most common way of calculating it is by dividing the outputs by inputs.

The other way of calculating productivity is through labor. Labor productivity assesses the rate of output per worker per unit of time, usually hourly.  Labor productivity is also the business's total production per unit of time, say an hour or per day.

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Explain how a Target price for farm crops is an example of a price floor.​
12345 [234]

Answer: A target price for farm crops is an example of price floor because it’s fixed ahead of harvests with the interest of farmers in mind.

Explanation: A quick definition of both concepts would be of help. A price floor is usually fixed by government legislation and it ensures that the price of a commodity or service does not fall below a certain minimum. In the case of farm crops, a floor price makes sure that the farmers are guaranteed a level of profit in case there is poor harvest for any reason whatsoever. The price floor must be fixed above the equilibrium price for this to be effective.

A target price is an expectation of the future price of commodities or services, and hence prices are fixed ahead of the harvest in the case of farm crops. This is so because as explained earlier, future conditions might change and become unfavorable, therefore making the current market price unprofitable for farmers. If for example, a sack of potatoes currently sells for $30, the government may fix the price floor ahead of the harvest season at $45 per sack. This implies that after harvesting farmers can still sell at $30. However if the harvest turns out to be bad perhaps due to natural disasters, pests or fungal attacks, etc, then the farmers can go ahead and sell at $45 and possibly higher. No farmer is allowed to sell below $45 (since that is the ‘floor’). That way, farmers would still have some profit guaranteed and would be encouraged to remain in the farming business.

8 0
3 years ago
If a consultant is not a consultee's administrative supervisor, the consultant: Question 7 options: can avoid liability for any
ASHA 777 [7]

Since the consultant is not a consultee's administrative supervisor , then he would not be held legally responsible for actions taken by the consultee based on the consultant's advice.

A consulting agreement is a legal document that describes the working relationship between a company and a consultant who provides services to that company. The consulting agreement defines the terms of the professional relationship in order to hold both parties accountable for the type of work and compensation expected.

A consultant is a third-party professional who provides expertise and advice to help a company's operations in some way. They examine current business practices, identify areas for improvement, and devise a strategy to improve that aspect of the business.

Learn more about agreement here:

brainly.com/question/15319879

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8 0
2 years ago
A farmer raises wheat and pays a portion of it as a tax that is collected by government agents and sent to a central storage fac
Alisiya [41]

Answer: redistribution

                                         

Explanation: In simple words, redistribution refers to the process in which something is distributed in way to achieve a specific objective like equality etc.

In other words, it can be seen as transfer of wealth or resources from one section of the society to the other sections. Redistribution is  performed by governments of the country and is implemented using tools such as taxes, charity and public services etc.

Hence from the above we can conclude that the given example depcits redistribution.    

8 0
3 years ago
Mom &Pop Inc. has a demand forecast for the next 6 month. It can currently produce 2000 units per month and each worker can
LiRa [457]

Answer:

See attached picture.

Explanation:

See attached picture for explanation.

8 0
3 years ago
What is IKEA trying to achieve in the Global Market?
kirill [66]

Answer:

success and money

Explanation:

 

6 0
3 years ago
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