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fredd [130]
2 years ago
12

During the Industrial Revolution in the 18th and 19th century, managers who could make minor improvements in management tactics

were noteworthy. Why
Business
1 answer:
Arada [10]2 years ago
5 0

The Industrial Revolution is well known in history. During the Industrial Revolution in the 18th and 19th century, managers who could make minor improvements in management tactics were noteworthy because;

  • They produced goods and services due to high increases in production quantity and quality.

<h3>What is the role of management in the Industrial Revolution?</h3>

The Industrial Revolution is known to result in the advent of better and faster technology that helps firms to carry out task more efficiently.

It also help management to greatly increase their output.so as to meet demand of the people and increased production.

Learn more about Industrial Revolution from

brainly.com/question/13323062

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It costs Sunland Company $28 of variable costs and $18 of allocated fixed costs to produce an industrial trash can that sells fo
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The effect that will happen on the net income is an increase in $6,000.

Explanation:

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As the allocated fixed cost only counts for the existing level of production (before accepting the 3,000 additional units), they don't matter in the decision.

With excess capacity, the firm only incurs in the variable cost of $28 per unit. If the price is $30, the variation in the net income will be:

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3 0
3 years ago
Suppose that Fizzo and Pop Hop are the only two firms that sell orange soda. The following payoff matrix shows the profit (in mi
Serga [27]

Solution :

It is given that Fizzo and Pop Hop sells orange soda. Fizzo advertises about his drinks while Pop Hop does not advertises.

According to the matrix provided we can conclude that :

-- If Fizzo wishes to advertise about his soda drinks, he will earn a profit of 8 million dollar and if Pop Hop do advertises and a 15 million dollar if Pop Hop does not advertises.

-- If Fizzo does not advertise, it will earn profit of about 2 million dollar if Pop Hop advertises and 9 million dollar if Pop Hop does not advertises.

-- When Pop Hop wished to advertise , Fizzo will make a higher profit if he chooses to advertise.

-- When Pop Hop do not advertise, Fizzo will make a higher profit when it chooses to advertise.

And if both the firms acts independently and they start off not advertising, then --- both firms will advertise as both of them will earn highest profits each.

If both the firms collude and both firms start off not advertising, the strategies they will end up is that both the firms will not advertise as the joint profit will be maximized.

3 0
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Which of the following is NOT example of Capital used to produce goods?
riadik2000 [5.3K]

Answer:

Some examples of capital used to produce goods are machinery, human workers, equipment, basically anything that is used by a factory in the production process. You didnt list any options so I can't tell you which one isn't, but I hope this helps!

Explanation:

7 0
3 years ago
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