If the economy is experiencing less than full-employment, the keynesian model recommends that the government.

Which of the following is true about how the "invisible hand" influences economic activity through prices when a product has low

Virty [35]

Answer:

The correct answer is c.

Explanation:

Since the point the text is mentioning is above the equilibrium point, we know that the Demand is lower than it should be, while supply is bigger.

In order to increase the demand and lower the supply, we need to decrease the price to the equilibrium price. This will increase the demand and lower the supply making them intersect and reach the equilibrium point, a point that the invisible hand is influencing.

I hope this helps!

8 0

2 years ago

One factor that is usually higher in less developed countries (LDCs) than in developed countries is _____.

USPshnik [31]

Answer:

D) infant mortality

Explanation:

Infant mortality rate (IMR) is a ratio that measures how many infants (children under one year of age) die for every 1,000 live births. The IMR serves as an indicator of how healthy a country's population is.

The countries with the highest IMR are Afghanistan, Somalia, Central African Republic. While the countries with the lowest IMR are Japan, Iceland and Singapore.

4 0

2 years ago

Maritime Marine Company has total estimated factory overhead for the year of $986,800, divided into four activities: fabrication

Hatshy [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated costs:

fabrication= $386,400

assembly= $207,900

setup= $112,000

inspection= $280,500.

Fabrication Assembly Setup Inspection

Speedboat: 1,200 dlh 1,800 dlh 60 setups 600 inspections

Bass boat: 1,800 1,200 100 200

3,000 dlh 3,000 dlh 160 setups 800 inspections

First, we need to calculate the overhead rate for each activity:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

fabrication= 386,400/3,000= $128.8 per direct labor hour

assembly= 207,900/3,000= $69.3 per direct labor hour

setup= 112,000/160= $700 per setup

inspection= 280,500/800= $350.63 per inspection

Now, we can allocate overhead to each product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Speedboat= 1,200*128.8 + 1,800*69.3 + 60*700 + 600*350.63

Speedboat= $531,678

Bass boat= 1,800* 128.8 + 1,200*69.3 + 100*700 + 200*350.63

Bass boat= 455,126

5 0

2 years ago

TJX's handling of its serious data breach is consistent with which one of the following?a) Stakeholder theoryb) Stockholder theo

klemol [59]

Answer:

Stockholder theory

Explanation:

Stockholder theory

This theory was introduced in 1960's by Milton Friedman ,

According to this theory , The managers of the corporation have a duty to maximize the returns of the shareholder .

Therefore , due to the cyclic nature of the business hierarchy , the corporation is mainly responsible to its stockholders .

6 0

2 years ago

Erin has been analyzing the manufacturing process for a local company and is starting to see some changes because of her suggest

galben [10]

Answer: six sigma; eliminate waste.

Explanation:

Here's the remainder of the question:

This scenario is an example of [budget review, Six Sigma, Total quality managment], a principle that is most likely being implemented to[eliminate waste,foster teamwork,exceed customer expectations].

The scenario discussed in the question is an example of six sigma. Six Sigma refers to a data driven method that is used in detecting defects and eliminating wastes. It helps organizations improve their business processes capability which is vital in the improvement of performance and the reduction in defects.

Six sigma also beings about improvement in the morales of the workers, and the improvement in profits.

7 0

2 years ago