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Anton [14]
3 years ago
13

Assume that you live in a simple economy in which only three goods are produced and​ traded: cashews,​ pecans, and almonds. supp

ose that on january​ 1, 2015, cashews sold for ​$12.50 per​ pound, pecans were ​$5.00 per​ pound, and almonds were ​$5.00 per pound. at the end of the​ year, you discover that the cashew crop was lower than expected and that cashew prices had increased to ​$13.00 per​ pound, but pecan prices stayed at ​$5.00 and almond prices had actually fallen to ​$4.75.
Business
1 answer:
svetlana [45]3 years ago
6 0

Answer: The overall price level increased.

Explanation: The rise in the overall price level is termed as inflation. From the information we can see that the average price of the three goods in 2015 was $7.50. A year later, the average price changed to $7.58.

Therefore, the overall price level rose as the average price level increased from $7.50 to $7.58.

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Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowe
UNO [17]

Answer:

Since 2019, the deduction limit for interest expense deductions on qualified higher education loans is $2,500. In order to qualify for this deduction, the taxpayer's adjusted AGI must be less than $85,000 for single filers (Lionel's income is below the threshold).

So Lionel will be able to deduct $1,650 as interest expense (above the line deduction).

Lionel can also deduct $2,500 form the American Opportunity Tax Credit for higher education expenses.

7 0
3 years ago
Information technology has been used to improve both internaland external access and sharing of information. Three main kinds of
Mashcka [7]

Answer:

1. Executive Information System (EIS).

2. Corporate Portal.

3. Intranet.

Explanation:

Information technology (IT) can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

An information technology (IT) interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology (IT) has significantly helped to improve both internal and external access and sharing of information between two or more business firms and individuals. Basically, there are three (3) main kinds of information technology (IT) which allow informations to be accessed and shared internally among employees; executive information systems (EIS), intranets, and portals.

1. Executive Information System (EIS): it assist managers working in an organization to monitor and analyze organizational performance. An Executive information system is also referred to as an Executive support system and it can be defined as a management support system that enhances and supports all of the senior executive information and decision-making process.

2. Corporate Portal: it's a hybrid system that uses a web address (uniform resource locator-URL) to give employees access to customized information and specialized transactions with respect to an organization.

3. Intranet: it's an internal company network which is private and provides employees with easy access to information.

8 0
2 years ago
The production supervisor at Elmwood Foods is known for being unduly critical of his subordinates' work performance. Which of th
MrRa [10]

Answer:

The correct answer is D) strictness .

Explanation:

A rigorous boss demands more than what employees can give, he is a perfectionist, he criticizes in a destructive way. This behavior is very clearly explained by Douglas McGregor in his theory X, where he mentions that this type of managers consider people simply as a means of production and that they are only moved by the salary they earn, that they do not enjoy their work and that they are for lazy nature.

8 0
3 years ago
Steve has been given the charge of managing unskilled labor in the production units of his company. These workers are primarily
AURORKA [14]

Answer:

c. Reward power

Explanation:

  • Reward power is the power to influence employees or to impress employees by giving them some reward for doing certain things. The reward is clear and vague .                                                  
  • so correct option is c. Reward power

4 0
3 years ago
An office building is which type of resource?
MakcuM [25]
It would be an informative resource
4 0
3 years ago
Read 2 more answers
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