Answer:
The correct answer is letter "B": Increase output and hire more workers.
Explanation:
According to the supply law, if the price increases so will the quantity supplied and if the price decreases the same will happen with the quantity supplied. We could say that the relationship between price and quantity supplied is directly proportional.
In the example, <em>as the price of coal increased so will the quantity supplied</em>. <em>If there is to be more supply the output should be higher which is likely to be interpreted in a need for more employees</em>.
Answer:
The correct answer is $2,610.
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the the direct labor cost by using following formula:-
Direct labor hour required= Estimated production × Direct labor hour
= 870 × 1÷4 =217.5 hours
Direct labor cost = Direct required labor hour × Rate of labor per hour
= 217.5 hours × $12
= $2,610
According to the analysis, $2,610 is the total amount to be budgeted for direct labor.
C. Strategic channel alliance is a marketing channel arrangement is especially good for a firm to use in global marketing where the creation of marketing channel relationships is expensive and time consuming.
When you are in a strategic alliance or strategic partnership, you have an agreement between one another for objectives to be accomplished but still operating as independent entities. When one company partners with another company, knowledge and resources are usually gained to where one or both parties benefit.
If a country were to place a limit on the number of cars that could be imported in a year, it would be an example of a Quota kind of trade regulation.
A quota is a trade limitation put in place by the government that restricts how much or how much money may be spent on items that a nation can import or export at one time. Quotas are used by nations in international trade to control the amount of trade that occurs between them and other nations. A quota is a government-imposed restriction on the amount of products or services that may be exported or imported over a given time period, or in rare circumstances, the value. A country's ability to import a certain number of items is restricted by an import quota. For instance, the US might set a 2 million annual import cap on Japanese cars. Quotas will aid domestic suppliers by lowering imports.
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The trickiest weather condition that an individual may
encounter is an adverse weather conditions in which this type of weather produces
effects that makes an individual to find it difficult to go out or see,
examples of this is when there is a conditions such as snow, ice, rain or fog.