A _____ is a special type of bar chart that shows the progress of all the tasks needed to complete a project

The demand for a resource rises as Question 16 options: its productivity rises and the relative prices of substitutable resource

deff fn [24]

Answer:

its productivity rises and the relative prices of substitutable resources rise.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. Thus, there exist a negative relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

A substitute product can be defined as a product that a consumer sees as an alternative to another product and as such would offer similar benefits or satisfaction to the consumer.

For substitute products (resources), the cross-price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.

Hence, the demand for a resource rises as its productivity rises and the relative prices of substitutable resources rise.

3 0

3 years ago

Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2016, options were granted for 60,000 $1 par c

Sergeu [11.5K]

Answer:

See the explanation below.

Explanation:

Fair value of expired option = 60,000 * $1 * 10% = $6,000

Journal entries will be as follows:

Details Dr ($) Cr ($)

Paid-in capital - stock options 6,000

Paid-in capital - expiration to stock options 6,000

To record the expiration of stock option

4 0

3 years ago

Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable fut

N76 [4]

Answer:

The correct answer is c. Upward sloping yield curve .

Explanation:

Taking into account that it is determined that both the risk-free rate and the inflation rate will have no variation, it is possible to affirm that the yield can present two movements: an upward sloping curve; or a completely flat curve.

5 0

3 years ago

Solve the equation.5x+7-3x=-10

KatRina [158]

x = -17/2 or (decimal form) -8.5

Hope that helps!

8 0

3 years ago

True and False

stich3 [128]

Answer:

The answer is TRUE...please follow me and brinlist me please.

Explanation:

<h2>FROM ✈︎Applyourknowledge</h2>

5 0

3 years ago