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1 year ago

Use the drop-down menu to complete each statement.

Business

1 answer:

podryga [215]1 year ago

5 0

According to this graph, at $10 the quantity supplied is about 14.

As the price of the good rises, the quantity supplied will be increasing.

In the graph, as the price of the good is rising the quantity supplied is also rising, When the price is $10.00 then the quantity supplied is 14 when the price is $15.00 then the quantity supplied is 24 and when the price is $17.50 the quantity supplied is 30.

The volume of a resource, service, or item that people are prepared and able to sell during a certain time period at a given price. If a good's price increases, more of that good is supplied, all other things being equal. When a product's price declines, less of that product is produced.

Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand. Supply grows as the price rises, but demand drops. In contrast, as the price falls, supply is constrained and demand is increased.

The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, suppliers will offer more of those goods or services and vice versa.

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Suppose the reserve requirement in the united states is 20% - Suppose the federal reserve wants to increase the money supply by

asambeis [7]

Answer:

Reserve requirement = 20% or 0.250

Simple money multiplier = 1/Reserve Ratio = 1/0.2 = 5

Note that,

Increase in money supply = Increase in total reserves * Simple money multiplier

$100 Billion = Increase in total reserves * 5

Increase in total reserves = $20 billion

This means that the federal reserve should decrease the reserve requirement by purchasing $20 billion worth of US government bonds from banks, which will lead to increase of $100 billion in money supply.

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4 years ago

When refusing an applicant's direct request for a recommendation, which of the following is the best format?

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The message should be brief and indirectly imply the refusal.

Explanation:

When refusing an applicant's request; it's standard practice to be polite and brief. Less words are very much commendable, to avoid emotion. Also, communication should be positive and respectful.

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Steve recommends that employees should be compensated according to their competencies, rather than their designations. Employees

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d. skill-based pay system

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The skill-based pay system pays employees for been proficient at their jobs and it encourages employees to gain more skills.

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4 years ago

Suppose that LilyMac Photography has annual sales of $290,000, cost of goods sold of $155,000, average inventories of $3,500, av

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See attached files

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4 years ago

When Shaleen first started at the manufacturing facility, it took her four hours to complete the task she can now accomplish in

tekilochka [14]

Shaleen in her first two months on the job, she not only learned to do her job more efficiently, but she has also saved the company money.

This is an example of (E) learning effects.

<h3>What are the learning effects?</h3>

The learning effect is the process by which education increases productivity and leads to greater earnings in economics.
In psychology and motor learning, the learning effect refers to the rapid improvements in performance that we witness when a person performs their first 5-10 tries at a new task.
As the learner becomes more familiar with the activity, these initial leaps in performance become smaller and smaller.
Learning effects are stronger when a technologically difficult task is repeated since there is more to learn about the task.

<h3>Solution -</h3>

As it is stated above as the learner becomes more familiar with the activity, these initial leaps in performance become smaller and smaller.

Therefore, this is an example of (E) learning effects.

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Complete question:

When Shaleen first started at the manufacturing facility, it took her four hours to complete the task she can now accomplish in 30 minutes. In her first two months on the job, she not only learned to do her job more efficiently, but she has also saved the company money. This is an example of

a. Multiple Choice

b. economies of scale.

c. lead strategy.

d. lag effects.

e. learning effects.

f. transition effects.

4 0

2 years ago