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pochemuha
1 year ago
7

What results when consumers become apprehensive about their job security and their financial security?

Business
1 answer:
Elis [28]1 year ago
5 0

<u>After consumption spending</u><u> results when consumers become apprehensive about their job security and their </u><u>financial security.</u>

What happens to the price level as a result of an increase in spending ?

  • As the average price level falls¸ consumers have more financial wealth and decide to increase spending.
  • As spending increases, there will be upward pressure on the price of inputs including wages.
  • As the marginal cost of production rises, businesses start to increase prices as they attempt to produce more.

What happens to the level of unemployment because of the increased spending?

  • The higher spending causes businesses to raise prices. The economy returns to full employment at a higher price level.
  • If the economy is left alone, the increased unemployment will eventually cause wages to fall and the economy will return to full employment at a lower price level.

What are the effects of unemployment essay?

  • Effects of unemployment include over exploitation of available labor, reduced rate of economic growth, reduced human capacity, loss of human resources and increase in poverty levels .
  • One positive effect of unemployment is the availability of adequate labor at reduced market prices.

Learn more about The higher spending

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Answer:

NorthTel Wireless Services is an example of an organization with option<u> </u><u>B) Unity of Command</u>

Explanation:

Unity of Command is a management theory that is used by small, medium, large scale businesses and government. It has a lot of advantages in comparison with others like Centralized, decentralized, line managers and work specialization.

Unity of command provides that an employee is responsible to only one supervisor, who in turn is responsible to another supervisor, and so on up the organizational hierarchy.

To to demonstrate how unity of command works from the bottom up. Consider  NorthTel Wireless Services where Astrid, a customer service represnetative answers to her manager, DeShawn who in turn answers to another supervisor and so on.

When you are at the bottom rung and you supervise no one. However, you do answer to your unit supervisor, who answers to her department manager. The department manager answers to the vice president of operations, who answers to the CEO. The CEO answers to the chairman of the board of directors.

6 0
3 years ago
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A country produces only one good. It produced​ 5,000 units of the good during Year 1 and​ 6,000 units of the good in Year 2. The
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Answer:

.A) $1, 920,000

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Nominal GDP is the GDP of country using current year prices

Nominal GDP = current year price × quantity

(6000 × 320) = $1,920,000

I hope my answer helps you

3 0
3 years ago
Your friends know that you understand a lot about computers, both the technical details of how they operate as well as informati
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Answer:

a.)Customers using freeware can personalize the software to meet their needs.

Explanation:

Freeware is a software that any person can download, install and use for free. However, the code in the software can´t be modified in order to personalize it without the owner's permission as it has copyright.

6 0
3 years ago
A brewery produced regular beer and a low carb "light beer". Steady Customers of the brewery buy 10 units of regular beer and 15
Svet_ta [14]

Answer:

                                                Regular     Low Carb      Total

a) Units to be produced               20              22             42

(to minimize total production cost)

b) Total production costs    $704,000   $1,150,000   $1,854,000

Explanation:

a) Data and Calculations:

                                                Regular     Low Carb

Monthly customers demand         10              15

Ratio of customers demand        40%           60%

Cost per unit                           $32,000      $50,000

Revenue per unit                    120,000      300,000

Contribution per unit            $88,000    $250,000

Total required revenue = $9,000,000

With 20 additional units of beer, total units produced = 45 (25 + 20)

To minimize production costs and generate a total revenue of $9,000,000, more of the units that cost less should be produced.  Units should be produced according to the following ratio:

                                                   Regular       Low Carb       Total

New Production and Sales units  20                   22             42

                                         

Total production cost =       $640,000         $1,100,000         $1,740,000

                                       ($32,000 * 20)       ($50,000 * 22)

Total revenue =               $2,400,000        $6,600,000     $9,000,000

                                      ($120,000 * 20)      ($300,000 * 22)

To achieve a minimum revenue of $9,500,000,

New production units                  22                   23                  45

Total production cost =     $704,000         $1,150,000        $1,854,000

Total revenue =                2,640,000         6,900,000         9,540,000

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Apply for a credit-<span>builder loan \</span><span>Eliminate credit card balances.

</span>
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