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3 years ago

Why South Africa as a country has a shortage skilled workers

Business

1 answer:

kirza4 [7]3 years ago

3 0

Answer:

The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.

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Suppose a museum charges different entrance fees for children, students, adults and seniors, but these groups all pay the same a

Pepsi [2]

Answer:

the entrance ticket is individual, while souvenirs are transferable

Explanation:

Based on the scenario been described in the question, the museum charges different entrants fee from children, which make the ticket and individual ticket at it was able to reduce the price for children, while the museum charges the same price for all the group on souvenirs, that is because souvenirs are transferable compared to the tickets.

4 0

3 years ago

Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output Total Cost/Unit Tota

gayaneshka [121]

Answer:

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

Explanation:

Seacrest Enterprises

1000 units 5000 Units

Total Cost Total Cost /Unit Total Cost Total Cost/Unit

Direct materials $5,000 $5.00 $25,000 $5.00

Utilities expense $1,000 $1.0 0 $3,750 $0.75

Rent expense $4,000 $4.00 $4,000 $0.80

Direct Materials show variable Costs

Utilities expense show mixed costs

Rent Expense show fixed costs

The correct answer is

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

4 0

3 years ago

Howard Weiss, Inc,. is considering building a sensitive new radiation scanning device. His managers believe that there is a prob

SpyIntel [72]

Answer:

Consider the following information

Probability of ATR coming up with a competitive product is 0.35

If ATR does not come up with a competitive product and H adds an assembly line, the profit is $60,000

If it adds an assembly line and ATR adds the product, the profit is $20,000

If H adds a new assembly but ATR does not come up with a competitive product, the profit is $600,000

If ATR does not enter the market, the loss for H is $120,000

A) Expected value for the add assembly line option:

The company would get a profit of $60,000 if ATR does not come up with a competitive product. If ATR comes up with a competitive product and H adds an assembly line, the profit is $20,000.

Probability of not coming up with a product is 0.65 (1-0.35)

Calculate the value if it does not come up with a new product line and H adds an assembly line as follows:

Value if it does not come up with a new product = 0.65 x $60,000

= $39,000

Calculate the value if it comes up with a new product line and H adds an assembly line as follows:

Value if it does come up with a new product = 0.35 x $20, 000 = $7,000

Calculate the expected value as follows:

Expected value = S39000 + $7000

Expected value =$46,000

Expected value for build new plant option:

If H adds a new assembly but ATR does not come up with a competitive product, the profit is $600,000

If ATR does not enter the market, the loss for H is $120,000

Calculate the value if H adds a new assembly but ATR does not come up with a competitive product as follows:

Value if it does not come up with a new product = 0.65 x $600000

= $390, 000

Calculate the value if ATR does not enter the market:

Value if it does not compete in market = 0.35 x -$120000 = -$42, 000

Calculate the expected value as follows:

Expected value= $390,000 - $42,000

Expected value =$348,000

The expected value of building a plant is more than the expected value of adding product line. Therefore, the best alternative is to build the plant.

B) Calculation of expected value of perfect information (EVPI):

EVPI = 0.65 x $600,000 + 0.35 x $120,000

EVPI = $390,000 + $42,000

EVPI =$432,000

Calculation of value of return:

Value of return = Value of perfect information - Maximum EMV

Value of return =$432,000 - 348,000

Value of return =$84,000

4 0

4 years ago

If a 30% change in the price of grape soda leads to a 45% change in quantity demanded, then what is the price elasticity of dema

Kaylis [27]

2 grape sodas the price of it is 10 dollars

5 0

3 years ago

Before making a turn at an intersection, you should signal at least __________ before your intended turn.

cupoosta [38]

Answer:

100

Explanation:

because it gives enough time for notice but not too much to where people think you could be turning at a earlier intersection

5 0

3 years ago

Why South Africa as a country has a shortage skilled workers​

Why South Africa as a country has a shortage skilled workers