Answer: processing time
Explanation:
It is the duration or time taken in processing something or completing the process involved in turning a raw material into a finished product. During this period most businesses always look for ways to minimize the duration without affecting the quality of the final product to a level where it will affect sales or patronage.
Answer:
Have a growth mindset, practice discipline, learn to follow other, set situational awareness
In any business, when the cost of resources rise, the price of buying the commodity will also be high, this is because when it cost you much to produce a commodity, you will end up charging a higher price when selling it. Failure to do so may lead to making loses. The opposite is also true, when the cost of resources fall, the pricing will also be less.
Answer:
The correct answer is letter "E": Jasmine loses her job as a newspaper editor because the publication has gone digital.
Explanation:
Structural unemployment is an economic mismatch where workers fail to find jobs and employers with available openings fail to find workers. This problem can be caused because of technological advances and the rapid relocation of available job positions.
In that sense, as Jasmine -a newspaper editor- is laid off because publications are now digital (technological factor), she is being a victim of structural unemployment.
Answer:
B) Jerry, a football player who earns $2 million a year
Explanation:
In an accident owing to the negligence of a party, what requires notice is which body part gets injured and how it affects an individual's earning capacity.
In the given case, George is a retired professor who gets assured pension of $50,000 a year. Harry being a chartered accountant earns $200,000 an year. Injury to the leg will affect them less comparatively to Jerry, being a football player.
Injury to his leg would make him lose out on $2 million of income being the highest among the three. Secondly, his profession requires the use of that body part which has been actually injured i.e the leg.
Thus, out of the three, the footballer is entitled to recover the maximum damages as per the facts.