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3 years ago

An inferior good is:

1 answer:

3 0

An inferior good is a goods whose demand curve will shift rightward as incomes rise. It is not like the normal goods, for which the opposite is observed. Normal goods are those for which consumers' demand increases when their income increases. (a)

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Which of the following is true of flow shop processes? a. They use different sequence of processing steps for different orders.

gtnhenbr [62]

Answer:

The answer is Letter D.

Explanation:

They are large-scale customized initiatives with wide variations in tasks.

Because the process is reapted over and over again. It is always the same process with easier mechanization, higher quantity production, which allows faster continuous improvement.

4 0

4 years ago

According to the real business cycle models, A. the Federal Reserve can affect inflation and real GDP by using monetary policy

Nataly_w [17]

Answer: (D).

According to the real business cycle, "changes in the level of technology are the main causes of inflation and fluctuations in real GDP".

Explanation:

The "real business cycle" states that an economy during its lifetime will go through all the various stages of a business cycle which include; expansion, peak, recession, depression, trough and recovery. There will be periods where economic activities will be high and other periods when they will be low.

According to the real business cycle, technological innovation or shocks, which determine the extent to which inputs are converted to outputs, are responsible for the changes in the economy (such as inflation and real GDP fluctuations).

7 0

3 years ago

If you pay $2,000 in taxes on an income of $20,000, and a tax of $3,000 on an income of $30,000, then, over this range of in

Lemur [1.5K]

The income tax for 20,000 is 2,000 right?
So to how much percent is 2000 of 20000 you have to divide the number and multiply by 100.
So 2000/20000 is 0.1 right?
Multiply 0.1 worth 100 to get 10% tax.
We can check with the 3000 and 30000 also

7 0

3 years ago

Two products, QI and VH, emerge from a joint process. Product QI has been allocated $21,300 of the total joint costs of $42,000.

nikklg [1K]

Answer:

Processing QI further would lead to a loss of ($5,200)

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .

Financial disadvantage of processing QI further

Sales revenue after the split-off point (13× 2,800) 36,400

Sales revenue at the split-off point (11× 2,800) (30,800)

Additional sales revenue 5,600

Further processing cost ( 10,800)

Net advantage from further processing 1,200 (5,200)

Processing QI further would lead to a financial disadvantage of ($5,200)

7 0

3 years ago

Which structure is used to supply customers (often other MNEs) in a coordinated and consistent way across various countries

Juli2301 [7.4K]

Answer:

Global account structure.

Explanation:

Global account structure can be regarded as structure that enables the account that has been globally standardised or having compatible products as well as services in various locations at internationally level. Global Account Management enables Global account managers to navigate along with their teams the internal as well as external challenges. It should be noted that structure used to supply customers (often other MNEs) in a coordinated and consistent way across various countries is Global account structure.

6 0

3 years ago