Mwest's production data for one of its products were taken from the most recent quarterly production budget: If it takes two direct labor hours to produce each unit and Mwest's cost per labor hour is $15, direct labor cost for August would be budgeted at:

Which example would the government consider as intellectual property? a. product design that contains a hologram of the logo of the company b. a copy of a famous artist’s painting in a new medium c. a plant species discovered in the united states for the first time d. a method of production that is common to an entire industry e. a discount structure offered to the customer at a store

Free rein leaders can be described as: a. dictatorial b. authoritarian c. democratic d. permissive

Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9,000 pizzas. now consider the following statement: “through international specialization and trade, a nation can reduce its opportunity cost of obtaining goods and thus ‘move outside its production possibilities curve.’”