Other Economics Answers

Which of the following are used to store information that represents a company’s intellectual property? (Check all that apply.)

A. Work in process

B. Job operations list

C. Machine operations list

D. Bill of materials

Which of the following are used to store information that represents a company’s intellectual property? (Check all that apply.)

A. Work in process

B. Job operations list

C. Machine operations list

D. Bill of materials

Where would an REA diagram for the production cycle store information about the actual quantity of raw material 33222 that was used to make product 444?

A. In the work in process table

B. In the bill of materials table

C. In the machine operations table

D. In the issue raw materials table

Where would an REA diagram for the production cycle store information for the standard time to make a product? (Check all that apply.)

A. In the machine operations list table

B. In the work in process table

C. In the bill of materials table

D. In the job operations list table

Where would an REA diagram for the production cycle depict the list of ingredients for making a product?

A. In the bill of materials table

B. In the raw materials table

C. In the work in process table

D. In the finished goods table

1. What is Government?

2. Who is Government?

3. What is the economic role of government?

4. Positive and Normative economics?

5. Pareto Effieciency?

6. Market Failure?

7. Equity and Efficiency?

the recognition that business activities have an impact on society and the environment and that the consideration must be made of the impact in the decision making

The recent global development of Russia invading Ukraine has led to USA and European countries imposing sanctions on Russia. Given that Russia is a major player in OPEC, discuss the implication of this in South African economy.

A student will receive P3,000 at the beginning of each 3 months for 4 years. What is the sum of this annuity at the end of the 4th year if the interest rate is 6% compounded quarterly?

Ans. 54,604.07

The elasticity of supply shows the responsiveness of the seller to changes in price. In what way can seller's utilize such information?