Three equivalent ways to measure GDP are total production, total income, and total expenditure.
Answer: 94 DAYS
Explanation: The average time it takes for the business to complete the whole process of making initial cash outflow to produce goods and receiving cash from customers by selling those goods produced is called operating cycle of that business.
formula = number of days of inventory + number of days in accounts receivable
therefore,
operating cycle = 61 days + 33 days = 94 days
Answer:
Fishbone diagram
Explanation:
The fishbone diagram, also known as Ishikawa diagram or the cause and effect diagram is a visualization tool used for grouping the likely causes of a problem to know its root causes. A fishbone diagram blends brainstorming with a mind map template.
A fishbone diagram is used for troubleshooting and product development. After all the likely causes of a problem has been brainstormed by the group, the facilitator rates the possible causes in accordance to their importance. The diagram's design resembles a fish skeleton. Fishbone diagrams are usually made at team meetings.
If i had to answer i would say C or D. (:
Answer:
The correct answer is letter "C": the quantity of coffee sold can increase if the supply curve shifts to the right.
Explanation:
The demand theory establishes the relationship between the price of a good or service and the quantity demanded. If the price rises, the quantity demanded lowers -<em>the demand curve moves to the left</em>. If the price lowers, the quantity demanded rises -<em>the demand curve moves to the right</em>.
The supply theory states a direct interaction between the price of a good or service and the quantity supplied. It means if the price rises, the quantity supplied rises -<em>the supply curve moves to the right</em>. If the price lowers, the quantity supplied lowers -<em>the supply curve moves to the left</em>.
In this case, as the demand for the coffee has expanded, it could increase if the demand rises. If the demand rises there must be more supply of coffee which implies moving the supply curve to the right.
