<span>it requires a company or individual divide resources on multiple targets rather than one. Therefore, one must use these resources more efficiently because he or she is using the same amount, usually concentrated on one target, on multiple. A company should only use this strategy if it is extremely confident in its ability to market simultaneously to multiple groups.</span>
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Budgeted production TX500
May 20,000
June 32,000
July 39,000
August 46,000
TX500 should have 40% of next months sales in ending Inventory. On May 1, there were 9,000 units of TX500.
Production for June:
Sales= 32,000 units
Ending inventory= (39,000*0.40)= 15,600
Beginning inventory= (32,000*0.4)= 12,800 (-)
Total= 34,800 units
Answer: A - nominal wages are slow to adjust to changing economic conditions
Explanation:
In the short run, the costs of many of the factors used in the production process are fixed. For example labours wage is fixed for a number of years because of labour contracts. Also the raw materials used in the production process have long term agreements that fix their prices.
As a result of factors of production been fixed in the short run, when general price level rises and the cost of production remains constant, profit also rises.
Firms take advantage of this rise in price and increase production and the quantity of aggregate supply increases. This is why the short run aggregate supply curve is upward sloping.
Answer:
A sole proprietorship is a person who owns the business and is personally responsible for its debts. It is not a legal entity.
A partnership partnership shares the responsibilities, resources, and losses
Explanation:
Answer:
A career is like a "building block" and a job is like "castle or a tower"
