As a consequence of the problem of scarcity:
a. There is never enough of anything
b. Individuals have to make choices from among alternatives
c. Only some people can "have it all"
d. Things which are plentiful have relatively high prices

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.