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jonny [76]
2 years ago
11

true or false: if prices change in a way that leaves the overall price level unchanged, then no one is made better or worse off.

Business
1 answer:
Westkost [7]2 years ago
5 0

It is false that If prices change in a way that leaves the overall price level unchanged, then no one is made better or worse off.

<h3>What is a relative price?</h3>

A relative price can be described as the ratio of two prices or the price of a good or service in relation to another.

In general, when prices change relative to one another, some people do better and others do worse, even while the total level of prices remains the same.

Therefore, it is false that no one benefits or suffers when prices fluctuate in a way that keeps the total level of prices constant.

Learn more about the price here: brainly.com/question/15397404.

SPJ12

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You have just determined that the actual number of workstations that will be used on an assembly line is 6, using assembly line
Artyom0805 [142]

Answer:

The assembly line efficiency is 4.17% (to 2 decimal places)

Explanation:

Efficiency is a measure of productivity that is used to determine how well a target is achieved, by finding the ratio of the actual output to the expected output. In this example, the number of units is the output of the assembly line, and the assembly line efficiency is calculated as follows:

Assembly line efficiency = (actual output) /(required output) × 100

actual output = 25 minutes

if 5 minutes = 1 unit

∴ 25 minutes = 1/5 × 25 = 5 units

∴ actual output = 5 units

required output = 120 units

∴ efficiency = \frac{5}{120} *100

= 4.17%

5 0
3 years ago
The Academic Computing Center has five trainers available in its computer labs to provide training sessions to students. Assume
kogti [31]

Answer:

87.72%

Explanation:

Calculation to determine the ratio of the utilization of the system to its efficiency

Using this formula

Ratio=Orientation session/Effective capacity of the Academic*100

Let plug in the formula

Ratio = (1,500 / 1,710) * 100

Ratio= 0.8772 * 100

Ratio= 87.72%

Therefore the ratio of the utilization of the system to its efficiency will be 87.72%

4 0
3 years ago
What factor is NOT included in determining the total cost of a loan? Select the best answer from the choices provided. A. credit
Pavel [41]

This is a tricky answer, because:

the length of the loan, the interest rate, and the down payment will all affect the total cost of the loan

--BUT--

your credit history can help determine the interest rate you are offered, the length of the loan offered, and the downpayment required.

I think this is an unfair question, but the answer the teacher is looking for is A. credit history because it has an INDIRECT effect on total cost and not a DIRECT effect like the others.

7 0
3 years ago
Read 2 more answers
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 2021 Cash $13
Fiesta28 [93]

Answer:

Current ratio for 2022: 0.311

Current ratio for 2021: 0.231

Explanation:

The current ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due. The current ratio is calculated by the following formula:

Current Ratio =  Total Current Assets/Total Current Liabilities

In Bob Evans Farms:

Current ratio for 2022 =  $80,200/$257,500 = 0.311

Current ratio  for 2021 = $71,809/$311,100 = 0.231

​  

​

4 0
3 years ago
Over the years Cadillac has become to be thought of as “your grandparent’s car.” The new Cadillac ads showing a beautiful young
ale4655 [162]

Answer:

(B) reposition

Explanation:

Cadillac's image is being repositioned on the existing market; the brand's reposition occurs when a product needs to increase its scope in the market or improve its position in the top of mind. The reposition includes marketing tactics to recover its recognition in the market and retake its market participation.

7 0
3 years ago
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