Answer:
hhfjkn a hga a a a a a a a. tsiydit jlfkyfl gljfulv. yfiydiyridiydiyr oriy
Answer:
Operating income will decrease.
Explanation:
The company's operating income is dependent on the production lines and in the short run the company might be cutting its expenses and losses by shutting down the production line but cutting a part of the company which can produce revenue is never a solution rather the company checks how they can cut down their expenses as they have unavoidable fixed expenses by this action it will seem that they will cut $21000 rental expense only and how much revenue will they will actually loose? a lot.
The company can even adjust on the space they rent or move t a cheaper cost and also work on the expenses that are unavoidable to decrease them and maximize on getting more revenue.
Answer:
B. Wages tend to be inflexible downward
Explanation:
Wages are flexible if they react to changes in demand and supply. Profitability determines demand and supply level for wages. Flexibility in wages means that If the economy is performing well, companies should compensate their employees better.
Wage inflexibility implies that wages will not respond to changes in demand and supply. Wages do not rise or fall if the marginal productivity of labor increases or decreases. Wage contracts are agreements that tend to set compensation for workers regardless of their output. Minimum wage is a regulatory requirement that demands workers not to be paid below a set rate. Wage efficiency recommends higher than market rate compensation to motivate productivity.
The three factors do not advocate for wages to be pegged on productivity.
Answer:
Option A: consume less than they produce.
Explanation:
Economic Growth is simply defined as how much a country's GDP grows in one year.
GROSS DOMESTIC PRODUCT also known as GDP is said to be the total value of the goods and service that are produced in that country within one year period.
The higher a county's GDP, the better standard of living for the people within the country. It can get better if a country produce more. for a country to have a higher GDP, it must invest in human capital through education and training, it must produce goods that have value to be sold within the country or exported and others.
This social cost is called deadweight loss or excess burden or
allocative inefficiency. It is linked with the distortion in consumption
resulting from monopolized pricing. Deadweight
loss<span> is the descent
in overall surplus that results from a market distortion, like tax for example.
In economics, it is defined as a damage in economic efficiency that can happen when equilibrium
for an amenity is not attained or is considered unachievable</span>
