Answer:
“Water cannot be used for certain crops because you are using it on others.”
Explanation:
The first and second option aren’t shortages. It just shows that no one is around to do any business. So the first 2 options are incorrect. The third option isn’t correct either. No items would be unavailable because they were shipped. If items were shipped, it would be a gain for a certain amount of time for people.
There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.
<h3>What is the impact of technological improvement?</h3>
Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.
A technological improvement in the production of a good would make it easier to produce a good. Thus, the supply curve would move forward.
Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product. Equilibrium price would decrease.
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The competitive capability which relates to flexibility is the reason that Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers.
<h3>What is the
competitive capability?</h3>
Competitive capability relates to the unique ability possess by a company over other competitors.
In this case, the Gymtastic possess the competitive capability called Flexibility.
In conclusion, the competitive capability which relates to flexibility is the reason that Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers.
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Answer:
The answer is $18,810
Explanation:
Cost of goods sold equal:
Beginning or opening inventory plus purchases minus ending or closing inventory.
Monte Vista returned some inventories and also took advantage of discount. So this will reduce the cost of total purchases for the quarter.
Total purchase = new purchases minus purchase returns minus any discount enjoyed.
So total purchase is now:
$10,000 - $1,350 - $340
=$8,310
Therefore cost of goods sold is:
$44,000 + $8,310 - $33,500
=$18,810
While entrepreneur is a type of decisional role, leader is a(n) interpersonal role.
<h3>Who is an entrepreneur?</h3>
An entrepreneur is an individual who is responsible for making decisions regarding the control, financing and organization of a business.
<h3>Who is a leader?</h3>
A leader is an individual who is either elected or appointed to oversee the activities of a particular group of people at a particular time. He must be able to interact effectively with his followers in order to ensure unity and progress.
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