The market demand curve would be 1000 - 0.125Q.
<h3>How to calculate the demand curve?</h3>
It should be noted that the market demand curve will be the sum of the individual demand curve.
The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM
Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.
The slope will be:
= 0.5 × 0.25
= 0.15
The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.
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Occasionally our economy experiences an unusual combination of rising prices and high unemployment. economists have given this unusual pairing the name stagflation.
Stagflation is a combination of the words ‘stagnation’ and ‘inflation’. It refers to the economic trend where there is rising prices yet high levels of unemployment.
It leads to an intractable situation where policy initiatives to boost economic growth such as expansionary monetary policy worsens the inflation rate, while attempts to rein in inflation has a further dampening effect on the economy. It is often caused by poor economic policies.
Stagflation was observed in the US economy during the oil crisis of the 1970s that caused a major recession. But inflation and unemployment rates were at a high during this time.
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Answer:
B$10,800 debit balance.
Explanation:
In the given question, first we have to compute the difference of cash account which equals to
= Total debit entries - Total credit entries
= $4,800 - $4,000
= $800 debit
Now add this amount to the beginning balance which equals to
= Beginning amount of cash balance + Difference amount
= $10,000 + $800
= $10,800 debit
Answer:
b. work to identify root causes, not just symptoms.
Explanation:
The main thing on which Joseph Juran focused was on quality, how it could be improved in planning, and performing properly.
This provided for the quality controls, plans, improvements which could be made, but it did not work on finding the causes behind the lack that why it could not be achieved.
Accordingly it did not in manner focused on the finding the symptoms or root causes.
As it was focused on the action of now what can be done.
As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.
<h3>What is a target market?</h3>
A target market is a group of customers which could be in the same area that have interest in a particular product.
They are usually identified as the most likely buyers of a product or service.
Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.
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