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Rus_ich [418]
3 years ago
13

Which model allows private companies to set up manufacturing units on prison grounds or purchase goods made by inmates in shops

owned and operated by the corrections department
Business
1 answer:
nadya68 [22]3 years ago
6 0

Answer:

private prison enterprise

Explanation:

A public jail is not a profit-generating enterprise. The eventual objective is to house jailed prisoners in an effort to rehabilitate them or remove them from the streets. A private jail, on the other hand, is administered by a business. That corporation’s final purpose is to profit from everything they deal in.

In order to generate money as a private jail, the firm gets into a contract with the government. This contract should indicate the basis for payment to the company. It might be based on the size of the jail, based on a monthly or annual predetermined sum, or in most situations, it is paid depending on the number of convicts that the prison holds.

As of 2019, there are around 116,000 inmates detained in private prisons, which constitutes 8 percent of the overall federal and state prison population.

Many of these jails save the government money, but others actually cost more per prisoner than a public institution would cost.

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Which of the following statements is (are) TRUE?
Setler [38]

Answer:

B. The long-run average total cost curve is derived by tracing out all of the firm's short-run average total cost curves.

6 0
4 years ago
Selected financial information for Baird Company for Year 4 follows: Sales $ 2,450,000 Cost of goods sold 1,715,000 Merchandise
MakcuM [25]

Answer:

INVENTORY TURNOVER  9,77  

Explanation:

To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year [($159,000+192,000)/2] , take the Total Cost of Goods ($1,715,000) and divide it by the Average Inventory ($175,500), the result it's the Inventory Turnover of the company, in this case 9,77.  

To find the days in inventory we have to divide 365 (days of the year) by the Inventory Turnover, 9,77, the result is 37 days.

 

END         START     Assets

$192,000   $159,000  Inventory  

BAIRD  

9,77         INVENTORY TURNOVER  = $1,715,000 / $175,500

$1,715,000  Cost Of Goods

$175,500  Average Inventory

37            DAYS IN INVENTORY  = 365 / 9,77

6 0
3 years ago
But nearly all supply curves share a basic similarity: they slope _______________. down from left to right up from left to right
-Dominant- [34]

But nearly all supply curves share a basic similarity: they slope up from left to right. A supply curve is a graphic representation of the relationship the cost of a good or service and the quantity that is supplied of it has. A common graphical representation has price on the left vertical axis and the quantity supplied on the horizontal axis. Different changes in the production or cost of a good or service can have an affect on the supply curve.

6 0
3 years ago
Finally, based on what you have learned about motivation, describe what motivates you to learn. Are you an intrinsically motivat
yan [13]

Answer:

Intrinsic and extrinsic motivation.

Explanation:

In psychology, there are mainly two distinct types of motivation i.e the intrinsic and the extrinsic motivation through which an individual is able to perform certain activities of his or her life.

Intrinsic motivation is described as a motivation in which an individual is being motivated to perform a specific task internally i.e it comes from within an individual to perform that task.

Extrinsic motivation is described as a type of motivation in which an individual certain task to get some external rewards, for example, affection, good grades, presents, etc.

Depending on a person to person whether he or she is being externally or internally motivated and on the situations as well. So, an individual can be both or can externally or internally motivated.

8 0
3 years ago
You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
Mazyrski [523]

Answer:

1.1 substitutes do not market together

-0.35 complements market together

Explanation:

1.1

-0.35

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

If cross price elasticity of demand is positive, it means that the goods are substitute goods.

Substitute goods are goods that can be used in place of another good.

if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.

If the cross-price elasticity is negative, it means that the goods are complementary goods.

Complementary goods are goods that are consumed together

Cross price elasticity = percentage change in quantity demanded of good A / percentage change in the price of good B

Frizzles = -22% / -20% = 1.1

Mookies = 7 / -20 = -0.35

5 0
3 years ago
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