Macroeconomics explains the behavior of individual households and business firms; microeconomics is concerned with the behavior of aggregates or the economy as a whole False.
A member of a business organization that owns or operates one or more branches. "He worked for a brokerage firm," a housing company, a corporation - a trading company whose articles of incorporation are approved in any state. Product design and reliability, services provided by the product, and ease of access. Products; Prices - Each firm faces its own downward slope demand curve as they produce differentiated products.
- Natural resources: Anything taken directly from nature without prior transformation (soil, air, water, wood, etc.).
- Capital: Funds required to invest in tools, machinery, equipment and technology.
- Human Resources: The physical and mental capabilities of workers.
- Entrepreneurship: Innovative ideas that shape business models.
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Yes. Roberey can include fake money.
Answer:
We count on companies to provide us with safe products, and to provide us with full disclosure if they are using potentially harmful chemicals in the production and distribution of their products. Under <u>strict product liability</u>, if in a court of law it is proven that a well-known fast food chain is using a potentially harmful chemical in the preparation of their fries, the company is likely to be required to disclose information on this process to its customers.
Explanation:
Strict product liability is where even if a product was safely designed, was properly manufactured, and contained an appropriate warning, a manufacturer or retailer of a product may be liable for injuries resulting from use of the product simply because the product caused those injuries.
Answer:
Contribution margin per pound
Product A = $30
Product B = $20
Product C = $21
Explanation:
Products A B C
Direct Material $36 $90 $45
Provided cost of raw material per pound is $9
Pounds of raw
material used in a unit $36/9 = 4 $90/9 = 10 $45/9 = 5
Contribution per unit $120 $200 $105
Contribution margin per pound = Contribution per unit/ Pounds per unit
= $120/4 = $30 $200/10 = $20 $105/5 = $21
Highest contribution margin per pound is of Product A = $30
Contribution margin per pound
Product A = $30
Product B = $20
Product C = $21