Answer:
E. Industry
Explanation:
Industry or an industry is a group of firms/businesses/manufacturers a particular kind of goods and services. In this case, the firms that makes up the industry all manufactures writing implements (such as pen, pencils and markers). Simply put, an Industry is a sector that produces good or related services within an economy.
When classifying a firm into an industry, the major source of revenue is the necessary indicator used in doing so.
Answer:
C. Business writing uses less complex sentences, plain language, and a personable tone.
Explanation:
Characteristics of Good Business Writing. Accurate, so it leaves no room for error or misunderstanding. Clearly written, so that it is easy to understand the message and obvious what action the reader needs to take if any. Logical in structure, so the thought process of reasoning is easy to follow.
Answer:
c. 3 apples.
Explanation:
The opportunity cost is the alternative forgone. It is the item on the scale of preference that had to be let off in the fulfillment of other wants.
Given the two points A, at which there are 10 apples and 20 pears, and point B, at which there are 7 apples and 21 pears, moving from point A to B would mean that the number of apples will decrease from 10 to 7 while the number of pears will increase by 1.
As such, the opportunity cost is 3 apples (10 - 7).
Answer:
515,000
Explanation:
The Master-budget capacity utilization is the expected level of capacity which a current budget needs. The term utilization means the amount of capacity needed to meet customer demand.
In the future, Henry Inc estmates that customer demand is unlikely affected and will be around 515,000 pairs for their current budget. Therefore the master-budget capacity utilization level for this budget period is 515,000 pairs.
