Answer:
1. productivity 2. cost 3. productivity in terms of output per dollars of a resource's unit cost 4. Higher.
Explanation:
Productivity is a formula where the total production is calculated in terms of resources needed to produce it. The variance of this ratio can indicate if a company if used wisely or poorly its resources. In order to make comparisons among different financial ratios, the productivity per resource has to be divided per the total cost of that resource. The value obtained could be then compared, because it is terms of dollars.
There is no proof that the barbed-wire fences were a development helping make the cattle business profitable. The rest of them are ok. So the one that must not be here is the option A.
Answer:
d. Generates a change in quantity demanded.
Explanation:
Because in this case only the price is changing and all other factors are held constant the demand curve will not move and any movement that will take place will be along the demand curve. If the price increases the quantity demanded will decrease and if the price decreases the quantity demanded will increase, the reason for this is that the demand curve is downward sloping, therefore a price change will only change the quantity demanded.
Answer:
Profit earned=$21,000
Explanation:
Manufacturing Cost total=direct material +direct manufacturing+ Total Manufacturing overhead
Direct Material=$3500
Direct manufacturing =$2800
Total Manufacturing overhead=(($2800/12)*18)
Total Manufacturing overhead=$4200
Manufacturing Cost total=$3500+$2800+$4200
Manufacturing Cost total=$10,500
Profit earned=($11,000-$10,500)*42
Profit earned=$21,000
Answer:
The answer is A
Explanation:
The downward sloping curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy.