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ivanzaharov [21]
3 years ago
12

Explain the relationship between households and firms in economics ​

Business
1 answer:
valentinak56 [21]3 years ago
6 0

Explanation:

Households supply labor to firms and are paid wages in return. Firms use that labor to produce pizzas and sell those pizzas to households. There is a flow of goods (pizzas) from firms to households and a flow of labor services (worker hours) from households to firms.

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What is money measurement concept​
Mashutka [201]

like budgeting maybe I think

Explanation:

counting money determined by what u can spend vs what u can't

7 0
3 years ago
Cervetti Corporation has two major business segments, East and West. In July, the East business segment had sales revenues of $2
Akimi4 [234]

Answer:

a. $418,000

Explanation:

The computation of the contribution margin of the West business segment is shown below:

Contribution margin = Sales revenue - variable expenses

= $890,000 - $472,000

= $418,000

By deducting the variable expenses from the sales revenue we can get the contribution margin and we applied the same that is shown above.

7 0
3 years ago
Large firms often find new markets attractive, but might not have products ready for delivery. What strategy do such firms use t
laiz [17]

Answer:

The correct answer is Preannounce forthcoming efforts

Explanation:

A company that wants to enter a new market usually must have its entire operation ready to be able to carry it out in the short term, and if it does not have it, it must inform by means of a strategy that allows generating a marked market interest in knowing the new product to be offered. This will give them time to put the internal aspects in order and be able to produce within a set time.

8 0
4 years ago
Oriental Corporation has gathered the following data on a proposed investment project:
KIM [24]

Answer:

d. 4 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

where,  

Initial investment is $200,000

And, the net cash flow = $50,000

Now put these values to the above formula  

So, the value would equal to

= ($200,000) ÷ ($50,000)

= 4 years

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
Carlos, a manager, redesigns the job of Dani, a subordinate, so that she has more responsibility over her job. This is the proce
vodomira [7]

Answer:

The correct answer is C

Explanation:

Job enrichment is a technique which is for common motivational and used or follow by the firms or the organizations for giving an employee satisfaction in the work. In short, means that giving employee extra responsibilities which is prior reserved with manager.

In other words, it means that it provides the employee more self management in his or her duties. By doing the job enrichment, employee is more mentally stimulated when they have to take up the decision making roles, authoritative roles, which help them keeping focused on their objectives or goals and tasks of the business and company.  

So, in this case, manager redesign the job of his subordinate, giving more responsibilities. This process or procedure known as job enrichment.

4 0
3 years ago
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