Which of the following is an example of division of labor? A.) an assembly line B.) a roadside stand selling peaches C.) a teacher who hosts an after school study group D.) a neighboorhood kid who offers to mow lawns and rake leaves

Answers

Answer 1

Answer: The answer is (b.) a roadside stand selling peaces

First, a division of labor refers to the process in production in which a worker or a group of workers are assigned in a specific task to increase the efficiency. For example, an assembly of line in production. Another is a teacher who has a specialized task for the learning efficiency of the students.

Answer 2

Answer:

The answer is A) An assembly line

I just took the quiz and this is correct.

It is correct because an assembly line is when laborers all add something to the product one after another making it a division of the labor.

Related Questions

Which of the following is not a benefit to using credit instead of cash?a. Using credit can help you build a good credit rating. b. Using credit allows you to make impulsive buys. c. Using credit makes it easier to track your spending than cash. d. Using credit offers a convenient source of funds in an emergency.
In late April, the Acme Construction Co. submitted a $1,200,000 progress billing on a construction contract. On May 2, the bill was approved for payment, subject to a ten percent retention, as provided by the contract. The amount that should be debited to Construction Expenditures is: $ 0. $ 12,000. $1,080,000. $1,200,000.
The chart of accounts includes assets, liabilities, and owner's equity accounts only. TRUE or FALSE.
The E Company has sold five million toasters. There have never been any safety problems with the toasters. One toaster, for no apparent reason, electrocutes the son of a woman who bought the toaster In a suit against the E Company for the death, the company is likely to be held:______. a. not liable because one in five million toasters is evidence of high quality, not a safety problem b. not liable because the toaster was purchased by the woman, not her son, so there is no right to sue c. not liable because of assumption of the risk, a reasonable person knows that using an electrical appliance could result in injury d. liable in strict liability based on a manufacturing defect theory e. liable in strict liability based on a design defect theory
Consider the following information about a business Diane opened last year: price = $15, quantity sold = 25,000; implicit cost = $155,000; explicit cost = $260,000. What was Diane's economic profit? What was Diane’s accounting profit? Show your work!!

What is shareholders' equity?Cash balances $10,000Inventory of sofas $200,000Store and property $100,000Accounts receivable $22,000Accounts payable $17,000Long-term debt $170,000Classified Balance Sheet:A balance sheet is one of the four financial statements prepared by any firm for a given financial period. A balance sheet shows the financial position of a company at the end of a given financial period. It consists of 3 broad categories, namely, assets, liabilities and shareholders' equity.

Answers

Answer:

Part (a) The shareholders equity is $145,000

Part (b) Option B best describes the balance sheet

Explanation:

Part (a)

Equity can be calculated from the following formula:

Equity = Assets - Liabilities

By putting the values, we have:

Equity = ($10,000 cash + $200,000 Store + $100,000 Property + $22,000 Accounts receivable) - ($17,000 Accounts payable + $170,000 Long-term debt)

Equity = $332,000 + $ $187,000 = $145,000

Part (b)

The reason is that the balance sheet presents the financial position of the company and financial position means how much the company is worth?, how much it has to pay its debts? and how much it has financed assets from its personal funds (equity and retained earnings). Balance sheets are published at the end of each accounting period. So option b is correct option here.

Capital investment includes the purchase of

Answers

machinery and machine quipment also buildings

A lease calls for a minimum rent of $2800 per month plus 4% of annual gross sales in excess of $500,000. What is the annual rent if the annual gross sales were $725,500?

Answers

Answer:

The annual rent is $42,620

Explanation:

The computation of annual rent is shown below:

= Annual rent + (rate × gross sales)

where,

The annual rent is

= Monthly rent × total number of months in a year

= $2,800 × 12

= $33,600

The rate is 4%

The excess gross sales is computed by

= Annual gross sales - gross sales

= $725,500 - $500,000

= $225,500

Now put these values to the above formula

So, the answer would be equal to

= $33,600 + (4% × $225,500)

= $33,600 + $9,020

= $42,620

Hence, the annual rent is $42,620

We say that the economy as a whole is in macroeconomic equilibrium if A. aggregate expenditure equals GDP.
B. aggregate expenditure equals total production.
C. total spending equals total production.
D. total spending equals GDP.
E. all of the above.

Answers

Answer:

The answer is: E. all of the above

Explanation:

An economy is in macroeconomic equilibrium when the total spending in the economy (aggregate expenditures) equals the gross domestic product.

For example, if aggregate expenditure is lower than the GDP, then inventories will rise (due to unsold goods), leading to a decrease in the GDP and higher unemployment.

On the other hand, when aggregate expenditures are higher than the GDP, then inventories will shrink, leading to an increase in the GDP and lower unemployment.

When you use paper money to pay for food, the money is a

Answers

When you use paper money to pay for food the money is considered a medium of exchange.

Since the mid-1980s, the __________ has generated the least amount of increases in employment in the United States.a. manufacturing sector
b. agricultural sector
c. service sector
d. goods producing sector

Answers

The right answer for the question that is being asked and shown above is that: "d. goods producing sector." Since the mid-1980s, the d. goods producing sector has generated the least amount of increases in employment in the United States.

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Christine and Paul are deciding how to split their time between writing music and lyrics for their new album. Their PPFs for 72 h of work are shown. Christine and Paul have to write music for 8 songs and lyrics for 12 songs (4 songs already have music). When they are done, they can go to a private island and relax from all their hard work. It is possible that they will use more than 72 h.Once they start writing lyrics and music, assuming their hired help packs for them and their plane is waiting outside their door, in how many hours can they board the plane to their relaxing island getaway?

A cost, which does not involve cash outlay, is called: a. Historical cost b. Imputed cost and c. Out of pocket cost