Retail businesses record the stock of goods kept on hand for resale in an account called the?

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Answer 1

Retail businesses record the stock of goods kept on hand for resale in an account called the Merchandise inventory account.

Merchandise inventory is an asset account. This account is reported as a current asset on a retailer's balance sheet. During a given accounting period, a current asset is one that will provide an economic benefit.

On the balance sheet of some types of businesses, the Merchandise inventory can be the single largest asset. Merchandise inventory includes the goods that have been acquired by a distributor, retailer, wholesaler or from suppliers, with the intent of selling the goods to third parties.

Hence, in the merchandise inventory account, retail businesses record the stock of goods kept on hand for resale.

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For sunland company at a sales level of 4000 units, sales is $85000, variable expenses total $66000, and fixed expenses are $21000. what is the contribution margin per unit?

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$4.75 is the contribution margin per unit.

Contribution margin per unit= Contribution÷Sales units

= ($85,000-$66,000)÷4,000

= $4.75 per unit.

The contribution margin per unit is the selling price of a unit of merchandise minus the variable manufacturing costs of that unit. The contribution margin per unit is the amount that each sale contributes to paying fixed costs.

Contribution Margin is calculated as Revenue – Variable Cost. The contribution margin ratio is calculated as (sales – variable costs) / sales.

A contribution margin of 100% is optimal, so the closer the contribution margin is to 100%, the better. The higher the number, the more the company can cover overhead costs with the available cash.

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In a bid to lower its manufacturing costs, the gallis watch company decides to contract the production of its watch straps to an organization in another country. this is an example of global?

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It is an example of global outsourcing.

Global outsourcing, often known as offshore, is the practice of outsourcing to a third party located outside of your nation.

Global outsourcing is the most common source for businesses globally, allowing them to locate sources (agencies and other businesses) with cheaper labor costs, new market prospects, and unique materials to make their entire operations more flexible.

The assignment of certain business operations to a specialized external service provider is what outsourcing is all about. In most circumstances, the company cannot handle all parts of the business process on its own, therefore it seeks assistance from other organizations that specialize in the relevant area.

Therefore, the answer is global outsourcing.

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When a commercial real estate sale has two agent sales associates the broker may create a:________

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When a commercial real estate sale has two agent sales associates broker may create dual agency. Real estate brokers are next level up from real estate agents and frequently have more education and training than agents do. They can either operate alone or employ other real estate agents to assist them.

Although specific regulations can differ from state to state, most have comparable criteria. Although agents are authorized salespeople, they are not brokers. A real estate agent must work for an employing broker; they are not permitted to act alone. Brokers are accountable for conduct of their real estate agents.

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The range of offerings from the tangible to the intangible or product dominant to service dominant is referred to as the?

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Service Continuum  The range of offerings companies bring to the market, from the tangible to the intangible or the product-dominant to the service-dominant.

Service continuum :

The goods and services continuum enables marketers to see the relative goods/services composition of total products. A product's position on the continuum, in turn, enables marketers to spot opportunities. At the pure goods end of the continuum, goods that have no related services are positioned.

Tangibility:

Goods are tangible products such as cars, clothing, and machinery. They have shape and can be seen and touched. Services are intangible. Hair styling, pest control, and equipment repair, for example, do not have a physical presence

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Your organization uses a time-keeping application that only runs on Windows 2000 and does not run on newer OS versions. Because of this, there are several Windows 2000 workstations on your network. Last week, you noticed unusual activity on your network coming from the Windows 2000 workstations. After further examination, you discovered that the Windows 2000 workstations were the victim of a malicious attack and were being used to infiltrate the network. You find out that the attackers were able to gain access to the workstations because of the legacy operating system being used. The organization still needs to use the Windows 2000 workstations, which need to be connected to the internet, but you want to make sure the network is protected from future events. Which solution should you implement to protect the network while also allowing operations to continue as normal?

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The solution that should be implemented to protect the network while also allowing operations to continue as normal is ;Configure VLAN membership so that the Windows 2000 workstations are on their own VLAN. This is further explained below.

What is a network?

Generally, Configure VLAN membership such that the Windows 2000 workstations are on their own VLAN to safeguard the network while enabling regular activities to continue.

In conclusion, Networking, often known as computer networking, is the process of transmitting and sharing data between nodes in an information system via a common media. Networking is also known by its acronym, "networking."

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CQ

Configure VLAN membership so that the Windows 2000 workstations are on their own VLAN.

Your organization uses a time-keeping application that only runs on Windows 2000 and does not run on newer OS versions. Because of this, there are several Windows 2000 workstations on your network.

Last week you noticed unusual activity on your network coming from the Windows 2000 workstations. After further examination, you discover that the Windows 2000 workstations were the victim of a malicious attack and were being used to infiltrate the network.

You find out that the attackers were able to gain access to the workstations because of the legacy operating system being used. The organization still needs to use the Windows 2000 workstations, which need to be connected to the internet, but you want to make sure the network is protected from future events.

Which solution should you implement to protect the network while also allowing operations to continue as normal?

- Configure VLAN membership so that the Windows 2000 workstations are on their own VLAN.

- Install anti-virus software on the Windows 2000 workstations and configure Windows to automatically download and install updates.

- Create a dedicated network for the Windows 2000 workstations that is completely isolated from the rest of the network, including a separate internet connection.

- Implement a host-based firewall on each Windows 2000 workstation and configure Windows to automatically download and install updates.

When income is allocated among members of society and is seen as equitable or inequitable it is called ________

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Answer:

Wage Disparity

Explanation:

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What term is most closely associated with the pursuit of entrepreneurship with the goal of independence from working for someone else with a reasonable degree of financial security?

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The term intrapreneurship is most closely associated with the pursuit of entrepreneurship with the goal of independence from working for someone else with a reasonable degree of financial security.

The term intrapreneurship relates to a system which allows an employee to act like an independent entrepreneur within a company. Intrapreneurship is one step toward entrepreneurship, where intrapreneurs can use what they have learned as part of a team to develop their own businesses.

Intrapreneurs are self-motivated, action-oriented, and proactive people who take the initiative to pursue an innovative product or service by thinking out of the box.

Hence, intrapreneurship is most closely associated with the pursuit of entrepreneurship.

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When analyzing outcomes of advertising or imc programs, the temptation sometimes arises to ______________, without considering the __________________ of a campaign or marketing program.

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When analyzing outcomes of advertising or IMC programs, the temptation sometimes arises to overemphasize​ short-term outcomes, without considering the longer-term impact of a campaign or marketing program.

What is short-term outcomes ?

The most immediate effects over which individual organizations have the most direct control are referred to as short-term outcomes. As a result, these results may be more suited to performance management in specific organizations.

Short-term consequences can be seen nearly immediately after participation; mid-term outcomes can take months or years to develop and often lead to long-term outcomes. Long-term outcomes, often known as impacts, are the long-term effects of a program. The mid-term results indicate changes in the beneficiaries' behavior, lifestyle, or decision-making. Specific changes in knowledge, resources, skills, and capacities are referred to as short-term outcomes.

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When consumers are consistent across various dimensions, social class is easy to determine and _________ has occurred.

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When consumers are consistent across various dimensions, social class is easy to determine and status crystallization has occurred.

Status Crystallization (SC) is an idea over 1/2 a century old. it is center precept is that people in society have sure expectations approximately how various sorts (or dimensions) of social status have to correlate with one another.

Status Crystallization (SC) is a concept over half of a century antique. Its center precept is that people in society have positive expectations approximately how numerous types (or dimensions) of social popularity must correlate with one another.

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How many business days do you have to cancel a private loan after it has been disbursed? 0 3 7

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3 business days  to cancel a private loan after it has been disbursed

Monday through Friday are considered business days, but public holidays* and weekends are not business days. *New Balance holidays may fall on weekdays. If the observed holiday falls on a Saturday, New Balance usually observes it on the preceding Friday.

A business day is a single day, Monday through Friday (usually 9:00 am to 5:00 pm on each business day). Two business days means two days counted in the period from Monday to Friday.

No, Saturdays are not considered business days. Many shops, restaurants, services, and businesses are open on Saturdays, but count as extended business days instead of business days as banks and many service companies are closed on this day

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Training is a key element for an organization pursuing a commitment based hr strategy. True or false?.

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True,Training is a key element for an organization pursuing a commitment based HR strategy. Training increases employee commitment, which results in increased retention for an organization. In the rapid model of instructional design, training design begins while needs assessment is still being conducted.

What is Training?

Training is the teaching or development of any skills, knowledge, or fitness that relate to certain valuable competences in oneself or others. Training aims to improve one's capability, capacity, productivity, and performance.

A training module is an e-learning course component that focuses on a certain topic. Training modules, like books, serve as a "chapter" in the larger e-learning course. Consider the subject of sales training. You could want to go through how to create a successful email or the best sales strategies.

The training planning process is broken into four steps: Identify training needs and objectives; create a training strategy; create a course design; and create training materials.

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Beth is a 25-year-old web developer. because of her young age, her financial planner suggests an aggressive investment approach. which type of investment would you expect to be the greatest portion of beth's portfolio? bonds stocks mutual funds money market account

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Correct option is B. Investment in Stocks would be the greatest portion of Beth's portfolio.

Why do we prefer Stocks more?Stocks are one of the most volatile investment products available.For example, if someone buys the stocks of a good company, the chances are that they will enjoy good profits within a short period of time. However, there is also the risk that the company might not be successful. The stocks never behave predictably.This means that their prices can change quite a bit, sometimes for no apparent reason. The stock market is unpredictable, which means that stock prices can change rapidly and without warning. There is a high risk that high return will be achieved with aggressive investment strategies. This is the approach that is most likely to give you the benefits you desire.

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The utility created by making a product available when customers wish to purchase it is called?

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Making a product accessible in a location where people want to buy it creates a place utility.

What is Place utility ?

Making goods or services accessible to clients is referred to as "place utility" in marketing. Place utility can also be utilized to attract clients to a product or service since it links the latter to a particular location.

What are the 4 types of utility?

Utility class types. Form, location, time, and possessional utilities are the four primary categories of utility. These services have an impact on a person's decision to buy a product.

The utility created by making a product available when customers wish to purchase it is called Place utility

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Is the principle that the more similar properties there are on the market, the lower the price will be driven?

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Competition is the principle that the more similar properties there are on the market, the lower the price will be driven.

According to G.F. Gause's theory of competitive exclusion, two species that are vying for the same resources cannot coexist. Gause's law is another name for this rule. A population will push out another population. The competitive exclusion principle, often known as Gause's law, is a theory in ecology that holds that two species competing for the same scarce resource cannot coexist at constant population levels.

Another name for the competitive exclusion concept is Gause's law. When two species compete for the same resources, it is referred to as a scenario in ecology. Gause noted that population values cannot remain constant under such conditions.

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The effect of the entry to close the drawing account causes ______. (check all that apply.)

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The impact of the access to shut the drawing account causes a credit to the drawing account.

A journal entry ultimate the drawing account of a sole proprietorship consists of a debit to the owner's capital account and a credit score to the drawing account.

To shut the drawing account to the capital account, we credit score the drawing account and debit the capital account. observe that drawings decrease capital.

The ultimate entries serve to switch the balances out of certain transient bills and into permanent ones. This resets the stability of the temporary debts to 0, ready to start the subsequent accounting duration. The procedure transfers those temporary account balances to everlasting entries on the employer's stability sheet.

If your enterprise is a sole proprietorship or partnership, close the drawing bills (if any) by using getting ready magazine access that credit the drawing account and debits the owner's equity account.

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Students and retired people travel by bus more often than business executives. An economic explanation for this observation would be that?

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Students and elderly individuals typically have more time, thus using the slower bus instead of a quicker, more expensive choice transportation method doesn't really cost them more.

Why business executives travel by own commute?

Some reasons that business executives prefer their own commute rather than travelling through bus are-

Since the company provided employees with free parking places (the actual cost of which will be extremely expensive a year), employees were not responsible for the whole financial burden of car commuting, nor were they responsible for environmental costs from driving. If workers had to pay the entire price of their commute selections, the nudges we used might have had better results.While using public transportation or a carpool can be advantageous to society, they are frequently less convenient for one passenger. Because it takes time to set up carpools and public transportation, people may take longer to adopt more environmentally friendly commuting.These strategies called for altering a regular behavior, which is famously challenging to alter. Nudging is particularly helpful at modifying one-time behaviors, like being vaccinated against the flu, but it hasn't yet been demonstrated to be as consistently effective at altering choices that call for regular actions, like exercising.

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A bank chartered by the comptroller of currency, a branch of the u.s. treasury department, is called a _____ bank.

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A bank chartered by the comptroller of the currency, a branch of the U.S. treasury department, is called a National bank.

A commercial bank in the US is referred to as a national bank. The United States Treasury's comptroller of the currency will establish a national bank.

The Federal Reserve will recognize this institution as a member bank, and it also participates in investment activities through the Federal Reserve Bank in its district.

The auction process for US Treasury bonds may be facilitated by national banks. Membership in the Federal Deposit Insurance Corporation is a requirement (FDIC).

The financial system of a nation is significantly influenced by national banks, both in the United States and abroad.

Financial stability is dependent on having a reliable banking system, whether it be run by a central bank or the U.S. Federal Reserve, especially when the economy is through a downturn or recession.

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When valuing a complete business enterprise, the same process that is used for individual projects can be used. However, the analysis is complicated because a

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When valuing a complete business enterprise, the same process that is used for individual projects can be used. However, the analysis is complicated because of horizon.

What is business enterprise?

Business enterprise can be regarded as the individual who spot a business opportunity and  start the business.

It should be noted that Business ideas come  can be gotten through many ways in order to make a social difference or make profit and money.

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How did the environment/culture surrounding the buyer (russian company) impact the risks that were identified on this project?

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The buyer's environment had the following impact on the risks associated with this project:

Ships could not waste time on shore waiting for containers or rail cars. The construction of the warehouse identified the risk of expropriation. The insurer failed to identify it as an expropriation risk.

-credit risk- To solve the above problem, the company has dated a Russian partner with government ties to deal with expropriation and storage issues. But it came with credit risk.

- Physical security risk - Russian partner could not guarantee port delivery When he agreed to accept, he forwarded the cargo by rail. Goods passed through different cities. Empty container found at the destination.

Being in a place of the buyer I would have made the same choices for solving the risks involved in the process. These risks involved were all unavoidable and big. They were not the ones to be considered easily by the insurance companies for a cover. Even if covered by the insurance companies, they would seem expensive as the premium cost would be high. So the buyer resolved the problems in the best way possible economically also. And the problems arising with the ways to resolve the initial problem were also solved in an effective way. They found out the resolution that was the least risky and most expensive.

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Total revenue is equal to a) the amount of funds earned by a firm minus its costs of production. b) the total quantity sold of a product over a given period of tim

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Total revenue is equal to the price of a product multiplied by the number of units of the product sold. Hence none of the given two options are correct.

Total revenue or gross profit is the total amount of money a company brings in from selling its goods and services. It determines how well a company is bringing in money from its core operations based on demand and price.

The sum of your recurring (MRR) and non-recurring revenue sources is your total revenue, commonly referred to as gross revenue. In other words, it's the entire revenue generated by the sale of your company's goods and services.

For instance, your total income would be the sum of the money you made from the monthly subscriptions plus the consulting services if you were a SaaS (Software as a service) firm that offered monthly packages in addition to ad- hoc services like consulting. The top of an income statement will normally show total revenue before expenses are deducted.

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When the united states' foreign trading partners experience higher incomes, it benefits the u.s. by _____.

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When the united states' foreign trading partners experience higher incomes, it benefits the u.s. by  increasing U.S. GDP.

What is GDP?

Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complexity and subjectivity, this metric is frequently changed before being regarded a credible indication.

As a result, GDP is defined as GDP = Consumption + Investment + Government Spending + Net Exports, or more succinctly as GDP = C + I + G + NX. Whereas consumption (C) relates to household and nonprofit organization private consumption expenditures, investment (I) refers to corporate spending.

Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.

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How did the government help the economy? the economy of country y has experienced increased unemployment and reduced gdp for six months. the government therefore decides to implement fiscal policy that increases and reduces .

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Government fiscal policy measures would lower tax rates and expand the money supply.

What is the economy?An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes. These elements determine the parameters and conditions under which an economy operates in addition to providing background and content. In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.What do you mean by the government?An organized community is governed by a system or group of individuals, typically a state.Government often consists of the legislative, executive, and judicial branches in the case of its broad associative definition. Government is a tool for making policy decisions as well as a way to enforce organizational policies. A declaration of the government's guiding principles and philosophy is the equivalent of a form of constitution in many nations.

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Answer:-taxes

             - government spending

Explanation:  plato   100%

Issues involved in making real the implications of death are concerned primarily with taking leave of _________.

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Issues involved in making real the implications of death are concerned primarily with taking leave of the functions of the brain.

Legal death is the declaration that a person is no longer living in accordance with the laws of a specific country. Legal requirements for such recognition typically include the identification of a corpse or a doctor's (variously referred-to) declaration of death. A death certificate may be issued once a death has been recorded in a civil registry. In the developed world, medical professionals make the majority of legal judgements of death when certain conditions are met. Death that results from an irreversible loss of heartbeat (cardiopulmonary death) and death that results from an irreversible loss of brain functions are the two types of legal death (brain death).

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The layer of internet architecture that ties the applications to the communications network and includes such services as security and authentication is called the?

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The layer of internet architecture that ties the applications to the communications network and includes such services as security and authentication is called the Middle ware Services Layer.

An operating system and the programs it executes are separated by a piece of software known as middleware. For remote applications, middleware effectively acts as a covert translation layer that streamlines data management and communication.

Since it connects two programs to provide a "pipe" for data and databases, plumbing is another name for it. By using middleware, users can ask the web server to return dynamic web pages depending on a user's profile or submit forms via a web browser.

Transaction-processing monitors, message-oriented middleware, web middleware, database middleware, and application server middleware are a few examples of common middleware.

Common messaging frameworks include simple object access protocol (SOAP), web services, and representational state transfer. Each program typically provides messaging services to facilitate communication with other applications (REST).

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The cost of buying and selling a stock includes:_________.
1. broker's commissions
2. dealer's bid-asked spread
3. price concessions that investors may be forced to make

Answers

All the three options are correct.

How do buying and selling stocks work?

When a seller accepts the bid price from a buyer or vice versa, a trade transaction is completed. Those who want to buy the stock may be willing to increase their offers if there are more buyers than sellers. In order to increase the price, sellers will therefore demand greater prices.

How do you buy and sell stocks same day?

Buying and selling stocks intraday, or on the same day, during a trading session, is also referred to as day trading. Under some brokerage plans, your stock may be sold automatically at the day's closing price if you do not square off your position before the end of the trading day.

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When the total body surface area burned exceeds 20 percent, which event occurs first?

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When the total body surface area burned exceeds 20 percent, the systemic inflammatory response is initiated.

What is systemic inflammatory response?In order to pinpoint and ultimately eradicate the endogenous or external source of the insult, the body overreacts in its defense against unpleasant stressors including infections, trauma, surgery, acute inflammation, ischemia or reperfusion, or cancer, to mention a few. The dysregulated release of acute and chronic phase reactants is at the core of the clinical scenario, which also involves dysregulation of the proinflammatory and anti-inflammatory system homeostasis.

Basically, The body's overactive defense reaction to a harmful stressor is known as the systemic inflammatory response syndrome (SIRS), which aims to identify and then eradicate the endogenous or external source of the insult.

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Suppose that a nation's cpi is 150 in year 1 and 180 in year 2. What is the rate of inflation?

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If the nation's cpi in 150 in year 1 and 180 in year 2, then the rate of inflation will be calculated as:  

(180-150)/150 = 20%

The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending.

The CPI is among the most widely used indicators of inflation and deflation. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI report employs a different survey methodology, pricing sample, and index weights.

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According to rameck, what was his freshman year like at seton hall? What did he run into?

Answers

He was into trouble because he still has a habit in the street where he lived.

A route that has been planned with bikes and pedestrians in mind is called a "living street." Living streets serve as social places as well, providing a safe environment for kids to play and promoting human-scale social interactions. Although motor vehicles can still utilize these routes, their design strives to lessen the dominance and speed of motorized transport. With far fewer lines of demarcation separating vehicular traffic from pedestrians, this is frequently accomplished utilizing the shared space technique.

It's also possible to limit parking to certain bays. The Dutch phrase woonerf, which translates to "residential grounds," is frequently used as a synonym for "living street," and it was in the Netherlands that these concepts for designing streets were first made widely known in the 1970s.

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What areas represent the deadweight losses in the labor market as a result of the imposition of a minimum wage at $4?

Answers

There are no deadweight losses in this market as a result of the $4 minimum wage.

A deadweight is a load that is surprisingly heavy and difficult to lift. deadweight is The weight of an inert person or thing. · The unrelieved weight of a heavy, motionless mass.

When goods are oversupplied, there is an economic loss. For example, a baker may make 100 loaves of bread but only sells 80. The 20 remaining loaves will go dry and moldy and will have to be thrown away – resulting in a deadweight loss.

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Are cryptocurrencies such as bitcoin, ethereun, ripple, litecoin, monero, money? Why or why not?

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Cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, Monero are money, they are just a digital form and currency of money.

Cryptocurrency refers to is any form of currency of money which exists digitally or virtually and which uses cryptography in order to secure transactions. There are about nine types of cryptocurrencies which are used as currencies.

Cryptocurrencies are quite useful as with it, the transaction cost is low to nothing at all, for instance, the fee for transferring money from a digital wallet to a bank account. You can make transactions at any time of the day or night, and there are no limits on purchases and withdrawals.

Hence, cryptocurrencies are money in a digital form.

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During gastrulation, the blastomeres fuse. three germ layers are formed. the placenta penetrates the endometrium. the neural tube closes. cells from the hypoblast move to the epiblast Learning how to deal with and resolve disagreements is an acquired skill known as? Based on what you see in the maps, how might shifts in the census, and thus the electoral college, affect presidential races. for instance, what if more citizens from the northeast move to states in the south, such as texas? What is the weighted average cost of capital if a business has a cost of equity of 12%, a cost of debtof 10%, tax rate of 25%, 20 million market value of debt, and 60 million market value of equity?000010.4%9.8%11.5%10.9%Page 5 of 20 When determining the __________, you will centrifuge whole blood in order to allow the formed elements to sink to the bottom of the sample. Why does it take a larger partial pressure difference for oxygen to dissolve in plasma vs. carbon dioxide? For a reaction that follows the rate law of, rate = k[b]2 when [a] = 0.15 m, [b] = 0.12 m, the rate is 3.4 103 m s1. what is the value and unit of rate constant k? Question: 1 An analysis of an unknown compound found it contained 40 g potassium, 52 g chromium and 56 g of oxygen. a) What is the empirical formula for this compound? b) What type of compound is it, ionic, covalent or a combination of both? Explain your choice. A packet switch has 5 users, each offering packets at a rate of 10 packets per second. The average length of the packets is 1,024 bits. The packet switch needs to transmit this data over a 56-Kbps WAN circuit. Calculate the load and utilization of the link. The nuclear reactor in Japan had an accident in 2011 when it was hit by an earthquake. The reactor exploded and released a great deal of damaging radiation. Where did the energy for the explosion come from?A. The nucleus of an atom.B. The nucleus of a cell.C. The radiation waves.D. The radiation particles. What are the protein-binding sequences that direct enhancers to interact with the intended promoter and that block communication between enhancers and another promoter? Which provision of the Treaty of Versailles did Woodrow Wilson most strongly support?please help quick A group of 15 teenagers owes $75 at a pizza parlor. If they split the bill evenly, how much will each person owe? No viene a visitarme (alguien, nadie, ningunos) durante las vacaciones de verano. According to your reading, adults should participate in muscle-strengthening activities at least ________ day(s) per week, as part of their normal exercise plans please help with the first one What is not an element of greek classical sculpture used in michelangelo's david? Which three statements describe ways in which the coronavirus affected americans? What body systems are primarily affected and what physiological changes would you expect joe and frank to experience during such vigorous exercise? The labor/capital ratio in the capital-intensive industry is _____ the labor/capital ratio in the labor-intensive industry.