Answer:
c. Persistent excess capacity
Explanation:
Cost reduction is a process of reducing expenditure in a planned manner. The process of cost reduction requires continuity of cost analysis. The elements which are not of any use or contribute anything to the factors of the production are eliminated through this process. The elements of cost are examined critically before their elimination.
B makes more sense it should be it
A work group norms can be defined as a standard shared by the group's members and which regulates the behavior of the members within an organization.
<h3 /><h3>What is the relevance of a company's norms and policies?</h3>
They are instruments that direct the behavior of employees, providing the set of values, attitudes and rules that must be followed in the work environment so that processes flow correctly and create an organizational culture favorable to cooperation and development.
Therefore, norms help in the standardization of organizational actions, generating the regulation and control of the behavior of the members of a company.
Find out more about organizational norms here:
brainly.com/question/26965722
#SPJ1
Answer:
Income = $30,000
Explanation
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product </em><u><em>with he highest contribution per unit of the scare resource</em></u>
Product Cont/unit machine hr /unit cont/hr Ranking
A $8 2 hrs $4/hr 2nd
B $18 3 hrs $6/hr 1st
<em>Hence the company should allocate the resource to the product B</em>
<em>Hence the total contribution</em>
= 5000 hrs × $6 per hr.
= $30,000
Income = $30,000
<span>When determining the value of raw land, there is a relatively fixed amount of supply; therefore, the value of land is primarily determined by demand?
Because land isn't something we can just add in to the world, there is a fixed amount of supply available to us as a resource. When the supply becomes scarce, it is easy for the value of land to go up because if demand is high and there is a low amount the price can be higher since there is less competition of the same. </span>
