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pochemuha
2 years ago
7

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

Business
1 answer:
Elis [28]2 years 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.

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Cooper’s Brakes, Inc., enters into a contract with Byron’s Service to fix Cooper’s hydraulic equipment. Byron delays the repair
Dennis_Churaev [7]

Answer:

The answer is: Compensatory damages

Explanation:

Compensatory damages refers to money awarded to a plaintiff in a civil case (in this case Cooper's Brakes) to compensate for incurred losses (or injuries, etc. in other cases). The plaintiff has to prove that the losses he suffered were caused by negligence or unlawful conduct of the defendant (Byron's Service). The plaintiff has to be able to quantify (in monetary terms) the damages it suffered.

4 0
3 years ago
scenarios as examples of elastic, inelastic, or unit elastic demand. When Ruko, a device used to stream movies at home, increase
kenny6666 [7]

Answer:

Elastic demand

Unit elastic demand

Inelastic demand

Explanation:

Elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded/ percentage change in price.

Denand is elastic if when price is increased, the quantity demanded changes more than the increase in price. Quanitity demanded is more sensitive to changes in price.

If price is increased, the quantity demanded falls and as a result the total revenue earned by sellers falls.

The elasticity of demand is usually greater than 1 when demand is elastic.

Demand is unit elastic if a change in price has the same proportional change on quantity demanded. The coefficient of elasticity is equal to one.

If price is increased, the quantity demanded changes by the same proportion so there's no change in total revenue of sellers.

Demand is inelastic if a change in price has little or no effect on quantity demanded.

Coefficient of elasticity is usually less than one.

If price is increased, there is little or no change in the quantity demanded and as a result the revenue earned by sellers increase.

I hope my answer helps you

3 0
3 years ago
true or false: firms should obey all the laws, including but not limited to labor, consumer protection, and the environment.
lesya [120]

False. The actions of the company that are expected by society but are not specified by legislation are included in its ethical duties. The need that the company be environment friendly is one of the ethical responsibility criteria.

The company should be constantly mindful of its operations and how they impact the environment. It is the moral and ethical responsibility of every human and every business. A business that upholds the law is also a business that values social responsibility. The company is free to operate whatever it sees fit, but only within the confines of the rules set down by numerous laws, including labor, environment, and criminal laws.

To learn more about company, click here

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5 0
2 years ago
Which of the following statements is FALSE?A. The income statement is put together at a specific point in time​ (end of a busine
skelet666 [1.2K]

Answer:

C. Depreciation is a current expense of a cash outflow in the current period.

FALSE depreciation is a deferral expense it do not related t oa cash flow

Explanation:

A. The income statement is put together at a specific point in time​ (end of a business​ quarter, or business​ year) and so the sale could be in one period and the cash received in another period.

CORRECT income statement end at a certain date and include transaction under accrual accounting which doesn't relate to cash disbursements or collection

B. The income statement contains the set of expenses associated with the products or services sold during the current operating​ period, with those expenses not associated with current cash flow labeled as nonminuscash expense items

CORRECT It works with accrual accounting

D. Companies depreciate fixed assets​ (such as office​ furniture, equipment,​ machinery, and​ buildings) over an assigned time​ period, but the initial cash outlay for the fixed asset typically occurs at the time the asset is acquired by the firm.

CORRECT the cash disbursements occurs at time zero. Then, the accounting distributes this over several period to decrease the impact in the first period

5 0
3 years ago
Groups perform better than individuals on a wide range of demonstrable tasks. what is a key reason why groups outperform individ
Alekssandra [29.7K]
<span>The key reason why groups outperform individuals faced with the same task is the following: g</span>roups outperform individuals due to a process in which group members become more accurate during the group interaction.
Correct answer:C
Cooperation, more ideas, brainstorming are reasons that lead to success, and they are all group activities.
7 0
3 years ago
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