Options to Answer
A) business aptitude
B) entrepreneurial aptitude
C) commercial opportunity
D) business capacity
E) managerial capacity
Answer:
E. Managerial capacity
Explanation:
Managerial capacity has to do with the ability or capacity for an individual to manage a business. Managerial capacity problem has to do with those problems that occurs when growth in an organization is limited by the manager's capacity. The managerial capacity is attributed to personnel, expertise, intellectual and so on. Insufficient managerial capacity leads to loss business opportunities like in this case we have here. Because of his inability to take in more worker, he's losing more businesses.
Answer:
The options are given below:
A. business aptitude
B. entrepreneurial aptitude
C. commercial opportunity
D. business capacity
E. managerial capacity
The correct option is E.
Explanation:
The managerial capacity problem is a term that is used to refer to a firm's ability to grow, which is directly related to its ability to add managerial capacity in order to administer the required growth.
The implication of this is that, when a firm goes about its daily operations, the management team will become better acquainted with the resources used in the firm.
Therefore, in the scenario above, Jack is limited by the problem of not wanting to take on new members to his managerial team. He argues that it is expensive and it will take time for the new members to get acquainted with the running of the business.
B. Allocative efficiency occurs when an economy no longer relies on voluntary exchange.
C. Allocative efficiency occurs when an economy achieves equity.
D. Allocative efficiency occurs when production is in accordance with consumer preferences.
Answer:
D. Allocative efficiency occurs when production is in accordance with consumer preferences.
Explanation:
Allocative efficiency occurs where price equals marginal cost. Price equals the amount consumers willingly pay for a product, so allocative efficiency occurs where marginal utility = marginal cost
Allocative efficiency is achieved when goods and services are produced and distributed in accordance with what consumers demand or desire, ensuring optimal allocation of resources.
Allocative efficiency occurs when production is in accordance with consumer preferences. In other words, this economic principle is achieved when goods and services are distributed optimally in response to consumer demand—that is when the mix of goods produced represents what society most desires. For example, if consumers need more of good X and less of good Y, the economy should reallocate resources to produce more of good X and less of good Y to achieve allocative efficiency.
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Shift work
Temperature
Equipment
Answer:
shift work
Explanation:
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Nominal GDP measures a country's total economic output at current prices, including inflation or deflation, while real GDP adjusts this value to remove the effects of price changes, providing a more accurate measure of 'real' economic growth.
In economics, Real GDP and Nominal GDP are two ways of measuring a country's economic output. Nominal GDP is the total value of all final goods and services produced in an economy in a given year, measured in current prices. Prices can be affected by inflation or deflation, which are changes in the general level of prices of goods and services. Therefore, Nominal GDP can change simply because prices change.
On the other hand, Real GDP is GDP adjusted for inflation or deflation. This gives a more accurate measure of economic growth, as it removes the effect of price changes and therefore provides a measure of 'real' output. This makes Real GDP a better measure of economic growth over time, as it reflects changes in the quantity of goods and services rather than changes in their prices.
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O B. gross loss
C. net liabilities
O D. net assets
Owners' equity represents the net worth of a business and is calculated as the difference between total assets and total liabilities. As such, Owners' Equity reflects the net value of the company that is attributable to the owners.
Owners' equity represents the residual interest in the assets of a company after deducting liabilities.
It is calculated as the difference between total assets and total liabilities, and it represents the net worth of the business. Therefore, the correct option is D. net assets.
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