Answer:
There is a shortage of the product.
Explanation:
The market demand curve is downward sloping indicating a negative relationship with price. While the market supply curve is upward sloping indicating a positive relationship with price.
At the market equilibrium, both demand and supply are equal. At a price below the equilibrium level, the market demand is greater than supply. This causes a shortage in the economy.
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Answer:
Annual depreciation=$188,000
Explanation:
Giving the following information:
Purchasing price= $1,000,000
Salvage value= $60,000
Useful life= 5 years
To calculate the depreciation expense under the straight-line method, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (1,000,000 - 60,000)/5
Annual depreciation=$188,000
Complete Question:
More than two-thirds of meetings are considered to be:
A. Highly engaging and productive
B. More effective than a well-worded email
C. Slow sometimes, but mostly entertaining
D. A waste of time
Answer:
D. A waste of time
Explanation:
This answer implies that the number of business meetings should be reduced. Issues discussed at business meetings can be ironed out through other means of communication. For example, emails can be used. Instructions and other information can be passed to the team without necessarily holding meetings. Teams can interact effectively and efficiently without holding face-to-face meetings. Some meetings are not productive at all, as the head of the meeting still dominates the speeches instead of giving the team members a conducive environment to air their concerns and opinions and make effective suggestions that will improve business performance and outcomes.
<span>µ, or the population mean, may be defined as the average annual earning of all Haque & Slash hair styling franchises. x measures only the average annual earnings of the 50 randomly selected Haque & Slash hair styling franchises.</span>
