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Economics, Accounting & Business: Post your doubts here!

usmanghani936

usmanghani936

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hey everyone , i really need a "As & A-Level Business Studies through diagrams" by "oxford revision guides "book urgently. i have searched for it online a lot, but cant find any e-book of it, neither paid nor free. there are only sources of amazon who are having paperback edition of this book. If someone have this book in soft or hard copy please mail it to me.....i desperately need it.
 
Sana Adnan

Sana Adnan

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raza-rocker said:
anyone can help me out with this ??
Click to expand...
The additional cost of producing 24th unit means the question is asking you to find out the Marginal Cost (cost of producing an additional unit of output).
In order to do that find Private Cost (cost to producer) of 23rd and 24th unit. Private cost is the difference between Social Cost and External Cost.
Therefore in this case Private cost for 23rd unit is 300 and Private cost for 24th unit is 304.
Marginal Cost for 24th unit = Change in Total Cost = 304 - 300 = $4
 
Sana Adnan

Sana Adnan

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The answer is B.
Division of Labor is supposed to bring in specialization by dividing the whole production process into smaller tasks and making each labor do a small task. Therefore, it is more applicable in scenarios where standardization is required.
A bakery that employees only two workers cannot practically implement division of labour.
Options C and D are both businesses that cater to customized orders which means there products are not standardized. That brings us down to B where the assembler has a large number of workers employed and products are standardized.
B!(+)(+)dy $k(_)!! said:
Any1 Economics Expert here?
Please solve my doubts on
https://www.xtremepapers.com/community/threads/as-economics-mcq-doubts.35857/page-3
Please... All of those who giving their paper on 12th november of Eco MCQ P12 please come on this thread...
Click to expand...
 
B!(+)(+)dy $k(_)!!

B!(+)(+)dy $k(_)!!

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Sana Adnan said:
The answer is B.
Division of Labor is supposed to bring in specialization by dividing the whole production process into smaller tasks and making each labor do a small task. Therefore, it is more applicable in scenarios where standardization is required.
A bakery that employees only two workers cannot practically implement division of labour.
Options C and D are both businesses that cater to customized orders which means there products are not standardized. That brings us down to B where the assembler has a large number of workers employed and products are standardized.
Click to expand...
Okay thnxx a ton... So I'll post more doubts there tomorrow after solving papers...
Please solve them too ma'am... :)
 
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D

dreamy19

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Yesterdays exam answers? Case study 2 was pretty difficult. Anyone up for the discussion. The last 10 marks question please?
 
Lipstick Spoiler

Lipstick Spoiler

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Hello!! I'M free now...Text me On kik-Maharshiraj
Maharshiraj..Even i have a paper on 12th November I.e paper 12MCQ..
 
Lipstick Spoiler

Lipstick Spoiler

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dreamy19 said:
Yesterdays exam answers? Case study 2 was pretty difficult. Anyone up for the discussion. The last 10 marks question please?
Click to expand...
Yes!!
The advantages nd disadvantages of Batch production nd The second question i don't remember much..Tell me the question if u remember...We'll discuss...
 
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