Based on the information given, Martha is incorrect. Sam's quantity demand has decreased.
<h3>
What is demand?</h3>
Demand means the quantity of a good and services that consumers are willing and able to buy at various prices during a given period of time
In this case, Martha is incorrect. This is because Sam's quantity demanded has decreased, and his demand has not changed.
Learn more about demand on:
brainly.com/question/1245771
Answer:
How many minutes of grinding machine time would be required to satisfy demand for all four products = 97,620 minutes.
Explanation:
The minutes of grinding machine required to satisfy demand for all four products -
Grinding time of Product A = Grinding minutes per unit of Product A * Monthly demand in units of Product A
= 5.0 * 5,200 = 26,000
Grinding time of Product B = Grinding minutes per unit of Product B * Monthly demand in units of Product B
= 6.50 * 5,200 = 33,800
Grinding time of Product C = Grinding minutes per unit of Product C * Monthly demand in units of Product C
= 5.50 * 4,200 = 23,100
Grinding time of Product D = Grinding minutes per unit of Product D * Monthly demand in units of Product D
= 4.60 * 3,200 = 14,720
The minutes of grinding machine required to satisfy demand for all four products =
= 26,000 + 33,800 + 23,100 + 14,720
= 97,620 minutes.
+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.
- is getting bored soon (changing your mind), and not enjoying your childhood.
I hope i helped :)
Answer: Logistics
Explanation: Logistics refers to the group of complex operation that are to be performed within an organisation by different individuals under the guidance of various different experts of such tasks. These operations are dependent on each other for their effective performance.
Thus, we can conclude that the combination of Rinker's manufacturing, distribution and purchasing activities will collectively be called as logistics.
When calculating GDP intermediate goods are eliminated to avoid double counting of goods, as already the input is added which includes these intermediate goods.
<h3>What is GDP?</h3>
GDP stands for Gross Domestic Product. It is the total production of a country and is very essential in growth of a country, developing or poor countries generally have a lower GDP as compared to developed countries.
The amount of intermediate goods can be subtracted from output total to formulate the figure of GDP.
Learn more about GDP at brainly.com/question/27173101
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