Answer:
Option (c) : $80,000
Explanation:
As per the data given in the question,
A B
Sales price $12 $22
Less: Variable cost $10 $10
Contribution per unit $2 $10
Time required in hours 0.25 0.50
Contribution per hour $8 $20
Rank 2 1
Company should produce only product B to maximize the contribution.
Total contribution = $20 × 4,000
= $80,000
Here are the answers of the given question above. The decision-makers that <span>experience scarcity are the following: governments, companies, and individuals, except for capital goods since capital goods is not a decision-maker. Hope this is the answer that you are looking for. Have a great day!</span>
Answer:
fixed position
Explanation:
A fixed position layout is where a product to be produced remains in a certain spot or location but the workers needed to work on the product , including machinery are moved to the place where the product is to be produced as at when required. This is because there may be limited space at the project site, hence component parts of the product to be manufactured are then coupled at other site and taken to the product site.
An example of fixed layout is the construction of dams, shipbuilding, buildings etc. A fixed position layout is most suited for heavy and fragile products.
Answer:
The correct answer is option A.
Explanation:
According to the mainstream business cycle theory, the potential GDP grows at a steady rate while the aggregate demand grows at a fluctuating rate. The money wage rate is considered to be sticky.
So when aggregate demand increases more than the potential GDP, the supply is not able to increase as much as demand. This creates an inflationary gap in the economy.
This is a debit card
It's a simple card where you just use it to pay with money directly from your account. If you don't have money on your account, you can't pay. There's no credits or anything similar.