BUSINESS HIGH SCHOOL

Apples are part of which factor of production?A. land
B. labor
C. capital
D. scarcity

Answers

Answer 1
Answer:

Answer:

A. land

Explanation:

From the factors of production, land is the appropriate choice. Because apples are agricultural produce. Initially the seed was planted, it grew over a period of time which later produce the fruit, apple.

Furthermore, labor implies working for a purpose, capital is required before something e.g a project or business can be set up, while scarcity means inavailability of something.
Answer 2
Answer: Land is the answer. Because the grow on land. Hope I helped :)

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A group of companies bound together to fix prices is called...?

Answers

That's a 'cartel'.  It's illegal in the US.  It's also, mean, nasty, and not fair.

André, the plant manager, is interested in increasing the facility's productivity by utilizing MBO so that his managers and their employees are more focused on objectives. This month André asked his managers to concentrate on the two first steps of MBO, which are:

Answers

Answer:

The correct answer is to jointly set objectives with their employees and to have managers develop action plans.

Explanation:

Management Buy Out (MBO) are financial operations that involve the transfer of ownership or control of a company to a group of people and entities, among which are relevant directors, managers or employees thereof. Management Buy Out operations are characterized because the managers or managers of a business or company become the largest shareholders of the company, that is, they become the owners of the same. Initially, to be considered an MBO, it was necessary for managers to acquire the majority of the company or at least its effective control, but now also minority participations are included in this definition, although always significant. Often the management team is accompanied by some institution or group of investors outside the company that provide the necessary financing to carry out the operation and with which, consequently, share the control of the company.

For a given product, the optimal order quantity is 600 units, average annual demand is 12,000 units, the average lead time is 1 month, and the optimal safety stock is 400 units. What is the average inventory level for this product

Answers

Answer:

700 units

Explanation:

       No of orders per year=annual demand/optimal order quantity  

       No of orders per year=12,000/600=20

       Average orders per month=20/11=1.75

Average Inventory=1.75*400=700

Please note that 11 months are taken as 1 month is lead time therefore it is excluded for per month orders.                    

Recently, it was observed that people have started saving more rather than spending. This has impacted the demand for luxury goods and services. The decline in the demand led to unemployment in the related sectors. What can be a primary solution to reduce the unemployment levels in the country?A.increase the interest rates
B. impose fine for savings
C. force industries to rehire employees
D. reduce the interest rates
E. import goods and services

Answers

(D) Reduce interest rates. Let people save their money. Raising interest rates would only increases the difficulty in saving money, forcing people to clutch their savings even tighter. In a system where people are able to store and save their money more efficiently, then the more money they can afford to spend. This may allow people to continue to purchase luxury goods, because they won't have to sacrifice necessities. With this hypothetical rise in demand, there may also be a rise in employment, which would eventually counteract the problem presented in this question.

Answer:

(D) Reduce interest rates.

Explanation:

Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. What type of life insurance company has he gone to? A. A stock life insurance company
B. A debt life insurance company
C. A mutual life insurance company
D. An exclusionary life insurance company

Answers

The correct answer for the question that is being presented above is this one: "A. A stock life insurance company." Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. The type of life insurance a company has to go is a stock life insurance company

Jerry Lewis will go to a stock life insurance company.

A stock life insurance company is traded on an exchange such as the NYSE. By definition, a stock company is owned by its shareholders.

Financial literacy is the knowledge about _____. banks money reading financial books investing

Answers

Financial literacy is the knowledge about money.

It refers to the skills and knowledge a person has that applies to how he or she manages his or her financial resources primarily money.

Being financially literate is not only knowing how to stay within budget but also knowing how to invest the money at hand for it to earn more. 

Financial literacy is the knowledge about B) money.
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