To figure this out, we need to write down some rules/formulas.
Max works 40 hours per week. There are 52 weeks within a year. He made $25,480 last year, and now we're looking for how much he made per hour.
Since we have 52 weeks in a year, divide 25,480 by 52 to get how much he made per week. Once we do that, divide that quotient by 40 to get how much he made per hour.
25,480/52 = 490.
He made $490 per week, but now we must divide by 40 to get how much he made per hour, since we have 40 hours.
490/40 = 12.25
Max made $12.25 per hour.
I hope this helps!
Option C. Suppose there is an increase in the number of buyers of cars and an increase in the cost of manufacturing cars. The basic graphing model of supply and demand predicts: the equilibrium price of cars will increase, but the impact on the equilibrium quantity of cars cannot be determined without additional information
<h3>What is demand?</h3>
This is the term that is used to refer to the number of people that are willing to buy a product at a given wage rate.
When there is a rise in the demand of cars, there would be a rise in rhe equilibrium price of the cars.
Complete question
Suppose there is an increase in the number of buyers of cars and an increase in the cost of manufacturing cars. The basic graphing model of supply and demand predicts:
A. The equilibrium, quantity of cars will decrease, but the impact on the equilibrium price of cars cannot be determined without additional information
B. The equilibrium quantity of cars will increase, but the impact on the equilibrium price of cars cannot be determined without additional information.
C. the equilibrium price of cars will increase, but the impact on the equilibrium quantity of cars cannot be determined without additional information
D. the equilibrium price of cars will decrease, but the impact on the equilibrium quantity of cars cannot be determined without additional information
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Answer:
Bench-marking
Explanation:
Benchmarking is the process that works for comparing the products, services, etc by the other companies who are dealing with the same type of business that refers to the best in the industry or performing superior performance.
It could be done either by the cost, quality, time, quantity, etc
The aim of doing this process is to gain the competitive advantage so that they get to know their strength, weakness, opportunities, and threats
Answer:
Explanation:
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Answer:
Option A an early lunch is your answer ☺️☺️
