Answer:
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Explanation:
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<span>A monopoly would have to make it so the marginal revenue is less than the marginal cost, and in return, the monopoly would end up losing money instead of gaining money. This means that they are spending more money than they are making.</span>
Answer:
a professional organization
Explanation:
A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.
A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.
Answer: 204.76%
Explanation:
In the earlier scenario, furniture maker manufactured 47 (42 non defective) pieces per 5 laborers working 8 hours day.
Thus, the productivity in terms of units per labor hour is as follows:
= 1.05
Similarly, after the process improvement, the productivity in units per labor hour would be:
= 3.2
Thus change in productivity would be calculated as:
= 2.047 × 100
= 204.76%
Thus, the productivity of non defective parts would increase by 204.76%.
Answer:
(A) estimated annual costs and expected annual activity
Explanation:
The formula to compute the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or estimated machine hours)
It is always calculated on the estimated amount and estimated annual activity i.e direct labor hours or machine hours
So the correct option is a.
