<span>A more efficient means of processing algae to produce an anticancer drug is discovered. As a result, the supply curve for the drug will shift to the right, decreasing the price of the drug. Because there was a discovery for a new production method the price drops to reflect the changes. Due the increase of production the price going down will now allow for more people to try the product at a cheaper cost. </span>
Answer:
the profits of her firm might increase.
Explanation:
Efficient wage theory postulates that productivity will increase as a result of increased wages. This is because the employee is more motivated to work when they are earning higher wages.
Efficiency wages are higher than the equillibrum wage paid in the industry.
Managers favour efficient wage payment because it reduces staff turnover and attracts more productive employees to the company.
On the other hand the manager can also cut down salary and employ more workers to perform the task.
Answer:
The correct answer is B. Informational support
.
Explanation:
Information Support documents are those documents that help administrative management.
These documents have the following characteristics:
-
They are multiple copies.
- They report a specific matter.
- They support management, they can help in the decision-making process as supporting material, they can be official newsletters, books, magazines, publications or reports prepared by other institutions, etc.
- Its value is merely informative and short term.
- They do not testify to the activity of the institution and are not part of their Documentary Heritage, therefore, they will not be transferred to the General Archive and will be destroyed in the office where they have been managed.
Answer: The correct answer is "Organizational".
Explanation: Employees who have difficulty performing efficiently on the job often have poor <u>organizational</u> skills, are confused about their priorities (what is most important), and may be slow in making decisions.
Organizational skills allow us to distinguish which are our priorities, short, medium and long term objectives to be met and the steps to follow to fulfill these. Once focused on that, decision-making aimed at meeting these objectives tends to be much faster, which as a result demonstrates more efficient work.
Answer: 2.36
Explanation: Hours per machine * # of machines
325 * 3 = 975
Units produced/ Machine Hour
2,300/975 = 2.36
