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4 years ago

Where is unemployment such that employment is below the full-employment level plotted on a production possibilities frontier?'?

1 answer:

3 0

Such employment would fall outside the production possibilities curve as the values plotted on that curve would be the minimum unemployment levels. The usual figure to use is % unemployment so most likely the differing levels shown would be for unemployment ie 10% above the curve and say 5 % on the curve.

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Many commodities have futures markets associated with them. A futures market is a prediction market that aggregates information

arlik [135]

Answer:

Answer is explained in the explanation section below.

Explanation:

Solution:

Unleaded fuel prices are expected to fall by June 2019 according to future demand forecasts.

Since the future price is less than the spot price, it would be better for long-term buyers who can wait for the price to increase because the market is currently in BACKWARDATION. This happens due to a short-term disparity in demand and supply.

If the information in this sector is reliable and impartial, the expected June price will most likely be similar to the real price we will see in June.

It is reliable if the market is accurate and impartial, i.e. the market research on which knowledge flows.

The prices of goods are either integrated or expressed in such a flow of knowledge.

So, if it's unbiased and reliable, the forecast prices would be reasonably similar to the real future price.

5 0

3 years ago

In the context of stragetic planning the streagtic goals of an orgainzation represent concrete benchmarks that managers can use

Marta_Voda [28]

Answer:

a. True

Explanation:

For accomplishing the company objective, the planning plays a major role without planning the goals of the company could not able to achieve.

Also to measure the performance for each key, the benchmarks is also plays a vital role as it defines the difference between the standard performance and the actual performance

Hence, the given statement is true

7 0

3 years ago

The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:

Anni [7]

Answer and Explanation:

The preparation of cash flows, using the indirect method is shown below:-

Cash flow from operating activities

Net income $141,680

Adjustment made

Add: Depreciation $14,790

Add: Loss on sale of

investment $10,200

Current operating Assets and liabilities change

Less: Increase in accounts receivable -$19,040

Less: Increase in inventories -$8,670

Add: Increase in accounts payable $11,560

Add: Accrued accounts payable increased $3,740

Net cash flow from operating activities $154,260

Net cash flow from Investing activities

Investment sale $91,800

Less: Equipment purchased -$80,580

Less: Land purchased -$295,800

Net cash flow from investing activities -$284,580

Cash flow from financing activities

Common stock issued $250,000

Less: Paid Dividend -$96,900

Cash flow from financing activities $153,100

Net increase or decrease in cash $22,780

Add: Beginning cash balance $47,940

Ending cash balance $70,720

Working note

Dividend paid = Dividend declared - Increase in Dividend payable

= $102,000 - $5,100

= $96,900

Loss on sale of investment = Sale of investment of amount realized - Investment cost

= $91,800 - $102,000

= -$10,200

The positive amount represents the cash inflow and the negative amount represents the outflow of cash

4 0

4 years ago

When prioritizing the backlog, what does taking an economic view mean?

xenn [34]

When prioritizing the backlog, taking an economic view mean Realizing the goal of Lean

A lean system represents a company or business unit that comprehensively applies lean principles to the methods of planning, prioritizing, managing, and measuring work. The goal of all lean systems is to maximize customer profits. Lean thinking can significantly improve the productivity and functionality of a team or department, but lean implementation across the organization has the greatest impact on customers.

The lean system uses a lean approach to identify and eliminate waste. They systematically discover and take advantage of opportunities for improvement. These are two of Lean's basic concepts. Eliminate everything that doesn't add value to your customers, work systematically and continuously, and create more value for your customers.

Learn more about the Lean system here: brainly.com/question/683722

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6 0

2 years ago

A local art gallery keeps information on its customers regarding their preferences for certain artists as well as the style of a

arlik [135]

Answer:

The correct answer is letter "B": Customer relationship management.

Explanation:

Customer Relationship Management or CRM is a term of the Information Technology (IT) industry that applies to methodologies, software, and in general, to the capabilities of the internet that help companies to manage customer relationships in an organized manner by storing some of their information useful for future business.

6 0

3 years ago