Land is a factor of production that provides a place to do business. Which of the following could be an example of land

An agribusiness management team develops a plan to allocate resources. These long-term strategic plans work toward achieving the

Amiraneli [1.4K]

Answer:

Goals and set objectives

Explanation:

The reason is that the long term strategic planning is basically long term planning of the organization and in it we set a direction or in other words list number of objectives that we want to achieve in the long run. So long term strategic plans helps us to achieve goals and set objectives.

8 0

4 years ago

At what point does buying in bulk stop being a wise spending choice

Rom4ik [11]

A lot of people think buying in bulk is the best way to shop. But one thing they do not think of is if they will be using these items in a timely manner. If you purchase paper towels or toilet paper, these are items that will always be used throughout the year. They will not expire. Buying food in bulk may not be the best spending choice because how much will you use before it expires?

7 0

4 years ago

Read 2 more answers

Suppose the U.S. dollar is defined by law as being equal to 0.1 ounce of gold. Further suppose the British pound is defined as b

motikmotik

Answer:

The exchange rate is $1 = 2 pounds.

Explanation:

The exchange rate is the relative value of the two currencies. In other words, the amount of one currency you can exchange for another currency.

The US dollar is defined as equal to 0.1 ounces of gold.

The British Pound is defined as equal to 0.05 ounce of gold.

The exchange rate between the two countries is

= $\frac{value\ of\ US\ dollar}{value\ of\ British\ Pound}$

= $\frac{0.1}{0.05}$

= 2

So the exchange rate is $1 = 2 pounds. This means that $1 can be used to exchange 2 pounds.

6 0

3 years ago

Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period, 3,000

zvonat [6]

Answer:

Total value of beginning WIP: 62,205.61

Explanation:

"first-in, first-out method of inventory costing is used"

From the current cost assing for the beginning WIP we will add the cost added to end this units.

Equivalent units conversion cost:

complete units: 11,000

work on beginning WIP inventory: 3,600 x 25% = (900)

work on ending WIP invenotry: 3,000 x 20% = 600

Equivalent Units for Conversion Cost 10,700

Conversion cost per unit: 63,000 labor + 25,000 overhead

Total 88,000

Cost per equivalent units: 88,000 / 10,700 = 8,22429 = 8.2243

Beginning Inventory:

Beginning Cost: 40,000

Conversion Cost added:

3,600 x 75% x 8.2243 = 22.205,6075

Total value of beginning WIP: 62,205.61

4 0

4 years ago

A change in income preferences or prices of other goods or services leads to a that causes a:______

exis [7]

Answer:

change in demand; shift of the demand curve.

Explanation:

We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income

In mathematically,

Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)

By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve

7 0

4 years ago