Answer:A product that is not an object or something that is owned is called a non-economic good.
Explanation:
A product that is not an object or something that is owned is called a non-economic good.
Answer:
$910,000
Explanation:
Given the above information, total raw materials available for use during 2017 is calculated below;
= Beginning raw materials + Purchases
Beginning raw materials = $210,000
Purchases = $700,000
Then,
Total raw materials available for use during 2017 for Crane company
= $210,000 + $700,000
= $910,000
Answer:
C.
Explanation:
Data mining is the process of extracting information from the company´s various databases and reorganizing it for porposes other than what the databases were originally intended for.
It provides a means of extracting previously unknown, predictive information from the base of accessible data in data warehouse.
Data mining process is different for different organizations depending upon the nature of the data and organization.
Data mining tools are sophisticated, automated algorithms to discover hidden patterns, correlations, and relationships among organizational data.
Answer:
The answer is: Canadian workers will still have a higher productivity, it will be $0.40 per hour higher.
Explanation:
We can elaborate the following productivity table:
Year Canadian productivity British productivity
0 $33 per hour $29 per hour
1 $33.33 per hour $29.87 per hour
2 $33.66 per hour $30.77 per hour
3 $34 per hour $31.69 per hour
4 $34.34 per hour $32.64 per hour
5 $34.68 per hour $33.62 per hour
6 $35.03 per hour $34.63 per hour
At the end of year 6, Canadian workers' productivity will be $35.03 and British workers' productivity will be $34.63 per hour (Canadian workers will be $0.40 more productive).
Answer:
Demand for the coffee is inelastic
Explanation:
Inelastic demand is when individuals can't quit any pretence of utilising a good. People can't stop drinking coffee despite the fact that they need to cut down on caffeine consumption. The demand for coffee is inelastic because change in the price or the after effects of coffee does not change the demand for coffee consumption.
