Salutary products are products that have low immediate appeal but may benefit consumers in the long run.
<h3>What is Long Run?</h3>
There is a time frame known as the long run during which all cost and production elements are erratic. In the long run, businesses modify every expense, but in the short term, they can only affect prices by changing their production levels. A company may also anticipate competition in the long run, even though it may currently have a monopoly in the near term.
A long run is a span of time during which a manufacturer or producer can make production-related decisions with some latitude. Depending on the predicted profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry.
In order to achieve an equilibrium between supply and demand, firms that look at the long term understand that they cannot change output levels.
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Answer:
(A) $625 per order
Explanation:
Processing a sales order shall be based on the number of orders processed.
As the total orders processed are:
JIT = 300
Non JIT = 20
Therefore, total orders = 320
Total cost to be allocated = $200,000 that is the order processing cost of previous quarter.
Cost per order shall be 
= $625 per order.
Note: The order size do not matter.
Therefore, correct option is:
(A) $625 per order
The Four hierarchical levels of Production activity are as given below:
- Unit Level
- Batch Level
- Product Level
- Facility Level
Step 2
Unit degree: The activities processed on machines or by hand are measured at unit stage. The interest measures used at this stage is system hours, direct labor hours and gadgets produced.
Batch stage: The activities of processing buy orders, manufacturing orders, putting in the equipment, Production activity and managing system comes beneath batch level. each hobby is measured as in step with the volume treated.
Product stage: The hobby of trying out new products, administering components inventories, Production activity and designing merchandise are product degree activities. these are measured as consistent with the checking out time. components sorts and time of designing.
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Answer:
e)Flourishing Economy
Explanation:
Unemployment is a scenario where members of the adult population seek job opportunities but cannot get any. Therefore, an unemployed person is a jobless adult who is actively seeking employment.
Unemployed people have no income, which means they do not pay taxes. They may resort to crime to support themselves. Jobless people usually claim unemployment benefits, which is a burden to the government. A jobless person is mostly idle, which is a waste of skill, time, and knowledge.
Unemployment has adverse effects on the economy. It does not support the growth or flourishing of economic activities.