A U.S. manufacturing company operating a subsidiary in an LDC (less-developed country) shows the following results: U.S. LDC Sales (units) 100, 080 20,500 Labor (hours) 19,880 14,880
Raw materials (currency) $ 19,600 19,880 (FC) Capital equipment (hours) 4,880 59,400 *Foreign Currency unit a. Calculate partial labor and capital productivity figures for the parent and subsidiary. (Round your answers to 2 decimal places.) U.S LDC Labor productivity 5.03 1.37
Capital productivity 1.68 4.20
b. Compute the multifactor productivity figures for labor and capital together. (Round your answers to 2 decimal places.)
U.S LDC Multifactor productivity 1.26 1.04 c. Calculate raw material productivity figures (units/$ where $1 = FC 10). (Round your answers to 2 decimal places.) U.S LDC Raw material productivity 5.10

Answers

Answer 1

a. The partial labor productivity for the U.S. subsidiary is 5.03 units per hour, while for the LDC subsidiary it is 1.37 units per hour. The capital productivity for the U.S. subsidiary is 1.68 units per hour, whereas for the LDC subsidiary it is 4.20 units per hour.

b. The multifactor productivity, which considers both labor and capital inputs, is 1.26 units per hour for the U.S. subsidiary and 1.04 units per hour for the LDC subsidiary.

c. The raw material productivity is 5.10 units per currency for the U.S. subsidiary and 1.03 units per currency for the LDC subsidiary.

a. The partial labor productivity is calculated by dividing the sales (units) by the labor hours. For the U.S., the calculation would be 100,080 units / 19,880 hours = 5.03 units per hour. For the LDC, the calculation would be 20,500 units / 14,880 hours = 1.37 units per hour.

The capital productivity is calculated by dividing the sales (units) by the capital equipment hours. For the U.S., the calculation would be 100,080 units / 4,880 hours = 20.53 units per hour. For the LDC, the calculation would be 20,500 units / 59,400 hours = 0.34 units per hour.

b. The multifactor productivity is calculated by dividing the sales (units) by the combined input of labor and capital. For the U.S., the calculation would be 100,080 units / (19,880 hours + 4,880 hours) = 1.26 units per hour. For the LDC, the calculation would be 20,500 units / (14,880 hours + 59,400 hours) = 0.27 units per hour.

c. The raw material productivity is calculated by dividing the sales (units) by the raw material expenditure in currency. For the U.S., the calculation would be 100,080 units / $19,600 = 5.10 units per currency. For the LDC, the calculation would be 20,500 units / $19,880 = 1.03 units per currency.

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Related Questions

Tourist Trap receives an invoice for an order of toys dated August 3 in the amount of $1700. Terms of sale are 3/20,n/55. What is the discount date? What is the amount of the cash discount? S What is the net date?

Answers

The discount date for the invoice is August 23. The cash discount amount is $51. The net date, which is the last day to make the payment without incurring any penalties or interest, is September 27.

To determine the discount date, we add the number of days given for the discount to the invoice date. In this case, the discount terms are 3/20, which means a 3% discount is available if the payment is made within 20 days. Adding 20 days to August 3 gives us August 23 as the discount date.

The cash discount amount is calculated by multiplying the invoice amount by the discount percentage. In this case, the invoice amount is $1700 and the discount percentage is 3%. So, the cash discount amount is $1700 x 0.03 = $51.

The net date is determined by adding the credit period to the invoice date. In this case, the credit period is 55 days. Adding 55 days to August 3 gives us September 27 as the net date, which is the last day to make the payment without incurring any penalties or interest.

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Break Even Analysis Managers use tools like the Break-Even Analysis in both the planning and controlling functions of Management. In this assignment, you'll practice using the Break-Even formula to help Ryan determine when his business will begin to turn a profit. Instructions: Using the information from the Learning Module 2, calculate the break-even point in each of the scenarios. Provide a response to the questions in the conclusion. Be sure to use either Word or Excel and to show your work. Scenario 1 After receiving bad service at the local car wash, Ryan has decided to start VDB Detailing! One of his first decisions when planning his business - he needs to calculate the number of vehicles he will need to detail before breaking even. His uncle has offered to let him use a small section of his shop for only $300 per month. Ryan is going to pay his friend, Gabe, $10/hour to help him. He has estimated his additional expenses and other details to be the following: Insurance $200/month His share of monthly utilities $95 Wax (will yield 10 cars) $19.00 Towels, soap, and other supplies $3.00/vehicle Leasing of equipment $100/month Marketing $105/month budgeted He estimates that it will take him 4.5 hours to detail a vehicle if he has help from his friend. He plans to charge $120 per vehicle. Question #1 - How many vehicles does Ryan need to detail each month to break even? Scenario 2 Ryan is now considering leaving his full-time job to grow his business but does not want to lose his salary. Question #2 - If he decides to pay himself $2000 per month how many cars does he have to detail in a month now to break even? Assume all other figures remain constant from scenario 1. Conclusion Are these numbers attainable? Please explain. List two suggestions you could give Ryan that would affect his break even point in a favorable manner, using the Break-Even Formula to justify them. Responses copied from an internet source, out of the text, or from homework sites earn

Answers

Ryan needs to detail 44 vehicles each month to break even with a salary of $2,000 per month, Ryan needs to detail 13 vehicles each month to break even.

To calculate the break-even point, we need to first calculate the total fixed costs and the contribution margin per vehicle.

Total fixed costs = monthly rent + insurance + leasing of equipment + marketing

Total fixed costs = $300 + $200 + $100 + $105

Total fixed costs = $705

Contribution margin per vehicle = price per vehicle - variable costs per vehicle

Variable costs per vehicle = wax + towels, soap, and other supplies + (Gabe's hourly wage x hours per vehicle)

Variable costs per vehicle = $19 + $3 + ($10 x 4.5)

Variable costs per vehicle = $64.50

Contribution margin per vehicle = $120 - $64.50

Contribution margin per vehicle = $55.50

Scenario 1:

Break-even point = Total fixed costs / Contribution margin per vehicle

Break-even point = $705 / $55.50

Break-even point = 12.7, rounded up to 13 vehicles

Answer to question #1: Ryan needs to detail 13 vehicles each month to break even.

Scenario 2:

Total fixed costs and contribution margin per vehicle remain the same as in Scenario 1.

Break-even point = (Total fixed costs + Ryan's salary) / Contribution margin per vehicle

Break-even point = ($705 + $2,000) / $55.50

Break-even point = 43.8, rounded up to 44 vehicles

Answer to question #2: Ryan needs to detail 44 vehicles each month to break even with a salary of $2,000 per month.

Conclusion:

The break-even numbers may or may not be attainable, depending on the demand for Ryan's services and his ability to attract and retain customers. Ryan may need to adjust his pricing or marketing strategy to increase demand.

Two suggestions to reduce the break-even point are:

Decrease variable costs per vehicle: Ryan could negotiate a lower price for wax and supplies or reduce the amount used per vehicle. He could also try to find a lower hourly wage for his friend, Gabe, or try to increase the number of cars they can detail in a given time.

Increase contribution margin per vehicle: Ryan could increase his price per vehicle or offer additional services that customers are willing to pay for. He could also try to reduce his variable costs per vehicle (as mentioned above) to increase his contribution margin.

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please give me ten pros and ten cons for online banking.

Answers

Answer:

ADVANTAGES OF ONLINE BANKING

•Pay bills online

This might be one of the top advantages of online banking because you don’t have to take time out of your day to go to the bank.

•Transfer money

You may need to do a rapid money transfer to a client or vendor, or you may need to transfer money from one account to another.

•Deposit cheques online

Rather than driving to a bank branch and waiting in line, you may be able to deposit cheques online in minutes.

•Lower your overhead fees

If your business banks online, your banking fees may be lower, as online banks may not have to pay for the cost and upkeep of branches, and those savings may be transferred to you.

•24/7 account access.

Whether you’re on vacation or it’s the middle of the night, you can manage your banking.

•Simpler fund transfers.

It’s easy to move funds between your accounts, such as from checking to savings, using online banking.

•Better access to bank records.

Whether you need banking records for tax purposes or personal records, you can download statements and transaction records to print them at home.

•Improved visibility of account balances and transactions.

Knowing your account balances is always a few clicks away. You can also check to make sure a transaction has cleared and keep an eye out for unauthorized transactions so you can dispute them immediately.

•Ability to sync your accounts with your apps.

Online banking allows you to transfer information from your accounts to Quicken, Microsoft Money, Microsoft Excel, and other applications.

•Use of mobile apps.

Many banks allow you to use your mobile devices for online personal banking.

DISADVANTAGES OF ONLINE BANKING

•Technology disruptions

Online banking relies on a strong internet connection.

•Lack of a personal relationship

A personal relationship with your bank may be able to offer an advantage over online banking.

•Privacy and security concerns

Financial institutions have very good security, but no system is foolproof.


•Limited services

Online banking features a lot of services, but some of them still require business owners to go into banks to “wet sign” documents. This includes loan and credit applications, a large cash withdrawal or large deposits.

•Security and Identity Theft Concerns

In general, online banking sites and mobile apps are designed to be secure and banks are continually putting updated security protocols in place.

•Convenient but Not Always Faster

While it may take very little time to deposit a check via a bank's mobile app, you still need to wait for access to your money.

•A Limited Scope of Services

Although you can do quite a bit with an online bank account, such as make deposits, check balances and pay bills, there are limitations to the kinds of services you can access.

•Potential to Overspend

The ability to check account balances in the spur of the moment could potentially cause some people to overspend the limits of their checking accounts.

•Limitations on Deposits

Daily or monthly mobile deposit limitations may make it difficult for individuals, but especially businesses to make large deposits online.

•Low stimulus to savings

Due to the low interest rate that traditional banks usually pay to their savings clients, there is a low saving stimulus.

Firms will only produce more if they can

Answers

Answer:

At any given quantity, total revenue minus total cost will equal profit. One way to determine the most profitable quantity to produce is to see at what quantity total revenue exceeds total cost by the largest amount. ... At output levels from 50 to 80, total revenues exceed total costs, so the firm is earning profits.

Emily just got a car. She needed insurance, so she has purchased the insurance and pays the premium. Who is Emily in this scenario? A. the person with power of attorney B. the insurer C. the policyholder D. the rider

Answers

Answer:

Policy holder

Explanation:

There is no power of attorney needed nor mentioned in the problem. The insurer is the one who sells the policy. The rider doesn’t have to have insurance so that is irrelevant.

Answer:

Policy Holder

select all that apply which of the following is/are true about the impact of variability on managing processes? multiple select question. customers understand that process variability occurs and accept that delays are inevitable. variability in processes can make planning and managing the process more challenging. process variability can lead to product delays and shortages, which can lead to a damaged company reputation.

Answers

Option B is correct. Variability in processes can make planning and managing the process more challenging. Process variability can lead to product delays and shortages, which can lead to a damaged company reputation.

What is process variability?

Process variability highlights the underlying variations and oscillations in a process's outcome. A number of things, including variances in building ingredients, logistics planning, human mistake, or ecological factors, might contribute to it. Process variability can cause problems including delays, faults, and higher costs while also affecting a process's effectiveness, efficiency, and quality. To maintain quality and consistency of output, businesses must track and manage process variability. To recognize and minimize process variability, strategies like Statistical Process Control (SPC) and Six Sigma can be applied.

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A student finds centre of mass of triangular lamina PQR. Determine centre of mass

Answers

The center of mass of triangular lamina PQR is at the point where the medians intersect, known as the centroid of the triangle.

To determine the center of mass of a triangular lamina PQR, you need to follow these steps:
1. Identify the midpoints of each side: Find the midpoint of each side of the triangle (PQ, QR, and RP) by averaging the coordinates of the two vertices forming each side.
2. Draw medians: Connect each vertex to the midpoint of the opposite side. These lines are called medians.
3. Locate the centroid: The point where all three medians intersect is the centroid of the triangle, which represents the center of mass of the triangular lamina.
The centroid can be calculated by finding the average of the x-coordinates and the average of the y-coordinates of the vertices P, Q, and R.

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what is business and what is occupation​

Answers

Answer:

Business:

A person's regular occupation, profession, or trade.

Occupation:

A job or profession.

Explanation:

I looked them up in a dictionary.

Please mark me brainliest! I need it! Please!

All of the following are assumptions of the resource-based model EXCEPT: a. firms acquire different resources and develop unique capabilities based on how they combine and use resources. b. firms' performances across time are due primarily to their unique resources and capabilities rather than the industry's structural characteristics. c. differences in resources and capabilities are the basis of competitive advantage. d. resources and capabilities are highly mobile across firms.

Answers

Answer: d. resources and capabilities are highly mobile across firms.

Explanation:

Resource-based theory posits that valuable resources which are difficult to copy are valuable to the success of an organization. Such resources can further develop the capabilities of a firm. In the resource-based model, skilled employees are key to the success of the organization.

A why assumption of this model is that the differences in resources and capabilities bring about competitive advantage.

It should be noted that option D "resources and capabilities are highly mobile across firms" ain't an assumption and is therefore the answer.

which of the following is a nickname for the GAO?

SEC watchdog
regulatory watchdog
congressional watchdog
public watchdog​

Answers

Answer:

B: regulatory watch dog

Explanation:

Idc I just got it right

Answer: it’s congressional watchdog you dummy

Explanation:

Agency authority directly communicated by the principal to the agent is called
O Express authority
O Implied authority
O Power of attorney
O Apparent authority

Answers

Answer:

O Express authority

Explanation:

In express authority, the principal communicates directly to the agent.  The principal instructs the agent, either in writing or orally, to act on their behalf.  In express authority, the directives given are for the agent to represent the principle on a specific matter. The scope of authority entrusted is clearly defined and understood by both parties.

discuss THREE contributing factors that led to xenophobia​

Answers

Answer: Unemployment, poverty, lack of conflict resolution

Explanation:

Xenophobia is a dislike that citizens of a country show to immigrants who settled in the same country. The following are three causes of xenophobia

1) Unemployment; this happens when the citizens of the country don't have the best of jobs compared to the immigrants, this may be due to how well qualified the immigrants are over them. In some cases, this immigrants study further, get more papers to get better jobs, while the some citizens may not want that.

2) Poverty; poverty is a general problem through the world. This could lead to xenophobia, especially when the citizens realize the immigrants have a better life than them.

3) lack of conflict resolution; the government should be able to resolve the slightest form of conflicts among this two parties(citizens and immigrants) because when they are not resolved from the minor issue they are, they escalate to xenophobia.

How can choosing the right institution help you manage money effectively?

Answers

Answer:

You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.

Explanation:

true or false: asset allocation or diversification is the process of spreading your assets among several different types of investments.

Answers

The given statement is true because Asset allocation or diversification is indeed the process of spreading investments across different asset classes or types of investments.

Asset allocation involves dividing your investment portfolio into different categories, such as stocks, bonds, real estate, commodities, and cash equivalents. Each asset class has its own risk and return characteristics, and they tend to perform differently under different market conditions. By diversifying across asset classes, you can reduce the impact of any single investment's poor performance on your overall portfolio.

Diversification within each asset class is also important. For example, within the stock market, you can diversify across different industries, sectors, and geographic regions. This helps mitigate the risk of poor performance by any individual stock or sector.

Asset allocation and diversification are based on the principle of not putting all your investments in one place. By spreading investments across different types of assets, you can potentially benefit from the performance of different markets, while also cushioning the impact of any downturn in a particular sector or investment.

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Discuss reasons why a business might choose to sell direct to customers through a website with e-commerce facilities, as opposed to through fixed (physical ‘bricks and mortar') premises.

Answers

Answer:

Businesses might prefer selling direct to customers through a website with e-commerce facilities because:

1. For covering a wider distance, distance is not a barrier.

2. For flexibility for customers, as some e-commerce even accepts cryptocurrency payments.

3. For product and price comparison.

4. For saving cost incurred from having fixed (physical ‘bricks and mortar') premises.

5. For saving the cost of paying workers.

6. For maintaining social distancing protocol given by the government especially during the pandemic. This doesn't put anyone at risk.

Explanation:

The question above asks for justifications why a business might choose to sell direct to customers through a website with e-commerce facilities rather than selling to customers through fixed (physical ‘bricks and mortar') premises.

First, selling to customers through a website with e-commerce facilities involve virtual transactions with customers paying for goods and services they are interested in over the internet. With this, customers can pay with their bank cards through e-commerce websites. While selling through fixed (physical ‘bricks and mortar') premises involve direct contact in-person with the customer and possibly payment is made in cash or through any other accepted methods.

which form determines how much federal income tax is withheld from your paycheck?

Answers

Complete Form W-4 to help your employer withhold the correct federal income tax from your paycheck. Consider completing a new Form W-4 each year and each time your personal or financial circumstances change.

When you get a new job, your employer will ask you to complete Form W-4, the employee's tax withholding certificate. How you fill out this form determines how much tax your employer will deduct from your paycheck. Your employer will send the money deducted from your paycheck to the Internal Revenue Service (IRS) along with your name and social security number for reference.

Withholding tax is deducted against your annual income tax bill, which you calculate when you file your tax return in April. The employee completes the W-4 form to notify the employer of the amount of tax to be withheld from payroll based on filing status, dependents, expected tax credits, and deductions.

Any errors in completing the form may result in tax charges when you file your tax return. The IRS has simplified his form for 2020.

An employee can change her tax withholding at any time by submitting her new W-4 to her employer. Each new employer requires a new her W-4 to be completed.

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The mallards pay their two quarterbacks $7. 2 million and $1. 4 million. If the team salary is $33 million a year and their budget for quarterbacks is 25% of total salaries. Are they over budget?.

Answers

Yes, they go over budget when they pay their two quarterbacks, $7.2 million and $1.4 million each, for Mallards. If the team budget for quarterbacks is 25% of total compensation and the team salary is $33 million annually.

Calculation:The results are displayed below:

Considering that the salaries of their two quarterbacks are $7.2 million and $1.4 million

Total: $8.6 million ($7.2 million plus $1.4 million).

If the team's compensation is $33 million, however,

Additionally, their budget is equal to 25% of total compensation, or $8.25 million ($33 million x 25%)

$8.25 million

Since the aim was $8.25 million but the actual cost was $8.6 million, we can conclude that it is overbudget.

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Question:

The Mallards pay their two quarterbacks $7.2 million and $1.4 million. If the team salary is $33 million a year and their budget for quarterbacks is 25% of total salaries. Are they over budget? a) Yes b) No

Do you agree that our society is more of a melting pot where our cultures
influence and change one another, or are we more of a tossed salad where
different cultures coexist but remain independent from one another? How
does this affect the job of a marketer or advertiser?

Answers

Answer:

I do agree that society is a melting pot because in almost all societies cultures mix. One example of this is the mestizo, people of European and Indian descent who mix both of their cultures in art and or architecture to show how they mix in real life.

Explanation:

NEED HELP ASAP PLEASE
please define these words for me

-Right to Redress

-Secure Credit

-Unsecure Credit

-Collateral

-Principal

-Mortgage

-Insurance

HURRY PLEASE

Answers

I think is a carrot
-beetle juice

It’s in the picture pleaseee I need this today

Its in the picture pleaseee I need this today

Answers

Answer:

Can you please post a clearer picture

Explanation:

If you can I might be able to help.

QUESTION 6 of 10: A(n)
is the amount of money you plan to take in or spend during a certain period.
O a) Zone
Ob) Budget
O c) Invoice
O d) Balance

Answers

The answer sounds like B) Budget to me

Good luck!

Which action is best if you suspect you're the victim of identity theft?
Change your email address
Get a PO box
Check your credit report
Change your phone number

Answers

Answer: contact your bank, change your email and check your credit reports

Explanation:

When might a manager change a principle?

Answers

A manager might change a principle when it is no longer feasible or effective for the organization.

What do you mean by principle?

A principle is basically a fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning. It is a standard or rule that you use to make decisions about what is right and wrong, and to guide your behavior.

For the given statement, we can take an example of how if a company decides to focus on a new business model, the principles that guide its operations may need to be updated to reflect the new direction. Additionally, if a principle is out of date or no longer applicable, a manager may choose to change it in order to ensure the organization remains competitive.

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I’m not sure what the answer is.

Im not sure what the answer is.

Answers

Answer:

I think revenue

Explanation:

the Answer is B I'm for sure

PLEASE HELP 20 PTS
1. Other than discount stores, what other kinds of businesses tend to focus on price in their marketing mix? Explain why this is their focus.

2. Why do those who highlight place in the marketing mix need to consider the supply chain and other elements of product?

3. Explain the difference between a marketing mix and a promotional mix. Why is each important?

4. Why is participation such a key element of marketing? Give three examples of how a dry-cleaning business can create opportunities for participation.

5. Give an example of an advertisement that you have seen for a service and explain which of the 7Ps were emphasized. Next, explain how the strategy behind advertisements for products tend to be different and why.

Answers

This prompt is related to the Marketing mix. The word "marketing mix" refers to a business foundation model that has historically been built on product, price, place, and promotion. The marketing mix is defined as "the set of marketing instruments used by the organization to pursue its marketing goals."

What are the various tasks related to the above prompt?

1) Note that other than discount stores, other kinds of businesses that tend to focus on price in their marketing mix are Supermarkets and Regional Malls. The reason this is their focus is that their business model thrives on the margin of turnover. Another reason could be that many of the products being merchandized have short product life spans and or shelf life.

2) Note that those who highlight a place in the marketing mix need to consider the supply chain and other elements of the product because the place as a factor in the marketing mix is fast evolving due to the introduction of technology in the distribution and delivery process. In many cases, people no longer have to go to a physical location to purchase a product.

3) Marketing Mix is concerned with the advertising and selling a product or service. Promotion Mix focuses on how to reach its target clients and persuade them to buy the company's product.

The relevance of promotion in the marketing mix is that it raises market awareness of your brand and product by targeting the relevant consumers. As a result, demand will be created in the market, resulting in a rise in sales for your organization.

The marketing mix, on the other hand, is critical since it is a vital instrument for developing the correct marketing strategy and implementing it through successful techniques.

4) Customers that participate are more likely to become loyal customers, purchase more of a company's products and services, and, as a result, generate more profit.

Three examples of how a dry-cleaning business can create opportunities for participation are;

Referral opportunities/BonusAffiliate Marketing ApproachParticipation in Promotions

5) An example of an advertisement that t you have seen for a service and how the 7Ps were emphasized is:

The advert for coke.

Product: Coke is a huge brand with lots of products to choose fromPlace: Coke is available in over 200 countries and across 6 regionsPrice; The price of Coke is relatively competitive to encourage loyalty.Promotion: Coca-cola is heavily invested in marketing with over $4 billion dollars per annum.People: about two years ago, coca-cola has over ten thousand employees in the US and a total of over eighty-six thousand.Processes: In order to succeed, Coca-Cola operates about 225 bottling partners and a large distribution network.Physical Evidence: The coca-cola brand is well-represented globally.

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An example of a financing activity shown on the statement of cash flows is: Question 9 options: buying office equipment. obtaining a long-term loan. buying office supplies. selling inventory.

Answers

Answer:

obtaining a long-term loan.

Explanation:

A Financing activity is a are transactions that leads to changes in long-term liabilities, owner’s equity and changes to short-term borrowings.

Should spreadsheets be used to maintain a checkbook?.

Answers

The above statement is correct because it maintains all the data collected and permits seeing the movement and growth of the data by automatically creating different types of charts to visualize the data.

What are spreadsheets?

A spreadsheet is defined as an electronic record in which data is placed in the rows and columns of a facility and can be exploited and abused in arithmetic or calculations.

The above statement is correct that the spreadsheets be used to maintain a checkbook because it keeps the data organized and allows seeing the trends of the data by creating automatically the different types of the data.

Therefore, the above statement is true.

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What consumer protection agency is known by the acronym SEC?.

Answers

Answer:

The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.

Securities and Exchange Commission (SEC) is the protection agency known by the acronym SEC.

In the wake of the 1929 Wall Street Crash, the United States federal government established the independent U.S. Securities and Exchange Commission. The SEC's main goal is to uphold the law against market manipulation.

To encourage ethical business practices, the disclosure of critical market information, and the prevention of fraud, the Securities and Exchange Commission regulates securities exchanges, securities brokers especially dealers, and investment advisors, including mutual funds.

The truth is that the agency has all the authority necessary to act as a regulator at its disposal – authority that is much greater than that of the SEC, which must gather convincing evidence and persuade a judge of its version of events before acting, not after.

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define the study of economics
analyze ways that economics influences our daily lives
identify three basic economic questions: What will be produced? How will it be produced? For whom will it be produced?

Answers

The Study of  economics can be defined as the study of People.  Economics tries to explain what driving factor behind human behaviour, decisions and reactions when faced with difficulties or successes.

The effects of economics on our daily lives can be analyzed in the following ways

Opportunity costHow to maximize utilityThe effects of externalitiesImportance of savingEffects of Inflation.

What are the Basic Economic Questions?

What should we produce How should we produce it For whom should we produce it

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In what step of the 7-Step Product Development Process is the product brought to
life through sketching and illustration?
Sourcing
Research
Planning
Prototyping

Answers

Answer: planning

Explanation: The sketch should be as detailed as possible, with labels explaining the various features and functions.

Other Questions
Anna runnlond what 3 groups did she use for comparison; what are the sociological terms for these 3 groups? Suspect A (A), suspect B. (B), and a police officer (P) interact in the following way. A has just robbed a store and is fleeing. He has a choice of two routes to take to try to escape: X and Y. Route Y goes by a club that plays louds music that A does not like so it entails a cost of 20 to him. The music is not payoff relevant for the other two players. P would like to catch A. B would also like to catch A to settle a score from their previous criminal dealings. Being caught by either P or B yields an immediate payoff of -100 to A. If A is not caught (by either P or B), his payoff is 0. The three players simultaneously and independently choose between routes X and Y. Assume that if either A or B (or both) chooses the same route as P, P catches that suspect (or both). If A and B select the same route and P selects a different route, B catches A. If P catches A, P's payoff is 150. P cares only about catching A. So if P catches both A and B, P's payoff is also 150. If P catches only B, P's payoff is O. If P catches no one, P's payoff is 0. If B catches A, B's payoff is 110. If B is caught by P (regardless of whether A is also caught by P), B's payoff is -110. If B does not catch A and B is not caught by P, B's payoff is 0. Describe a Nash equilibrium of this game. Please show any calculations used. Who is the Minister for Energy Environment and Climate Change? Why might a state choose a federal type of government?- The state has a need for tight control over local affairs-... interphase-cell appeared to be at _______ Manitoba corp operates in an industry characterized by perfectcompetition .Total cost=77,500+2.7Q^2. Suppose currently the marketprice is 1078 per unit How much profit can the make in the shortrun What is true about the words shrewd and intelligent? Question 5 options: They have the same connotations but different denotations They have the same denotations but different denotations They have the same connotations but different connotations They have the same denotations but different connotations. How does the Butter Battle Book represent the Cold War? An adult tells a 6-year old to share a toy with a 4-year-old sibling. This is an example of whatkind of socialization?a. Intentionalb. Unintentionalc. Privated. Challenging Answers for this paper plz why would the minimum sample size from the new york city data set sample calculation in 2010 be so much bigger than the 20 largest cities sample size calculation in 2000? Please look at the cost of borrowing working capital funds and what would be a comfortable balance of funds (possibly excess funds). What is the best use of excess working capital funds (when you are a "surplus" unit)? a nurse is testing a client's corneal reflex but notices that the reflex appears to be reduced. the client is otherwise alert and oriented, with no signs of neurologic degeneration. what is an appropriate action by the nurse? Computer monitor measurements are typically classified by the diagonal length of the viewable area. What is the measurement of a monitor that has a rectangular viewable area of 16 inches by 12 inches? Round your answer to the nearest tenth if necessary For what reason do Proctor and Parris argue?A) Parris has learned about the affair between his niece, Abigail, and Proctor.B) Proctor believes Parris is at fault for the girls' sickness.C) Proctor believes that Betty is a witch.D) Parris does not believe that he is given what he is owed for his preaching, and blames Proctor for people disliking him. The Trumbull Tree Farm sold 390 trees last week. All of the trees were either evergreens, oaks, or maples. Twice as many oak trees as evergreen trees were sold. 5 times as many maple trees as oak trees were sold.How many oak trees were sold last week? A call option has an exercise price of $65 and matures in six months. The current stock price is $67, and the risk-free rate is 5 percent per year, compounded continuously. What is the price of the call if the standard deviation of the stock is 0 percent per year It is acceptable to change your personality if you want the relationship to last.Please select the best answer from the choices provided.OTOF why are unrefined grains a better choice for carbohydrates than refined grains? is a mirror magnetic or nonmagnetic