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Gnesinka [82]
3 years ago
14

"the law of demand does not work all the time. for example, think about the demand for luxury cars (e.g. bmw, porshe, etc): dema

nd for those luxury cars increases when the price of the car increases."
Business
1 answer:
asambeis [7]3 years ago
3 0
The statement above is TRUE. This is because luxury cars are superior goods.
Superior goods refers to those goods whose consumption increases as their prices increases, that is, the higher the price, the higher the quantity demanded. This type of goods are usually scarce and and they have high prices. A good example of superior good is luxury car.

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Given the following information on job times and due dates.
user100 [1]

Answer:

Job sequence

First come first serve = a - b-c-d-e-f

Shortest processing time = b-e-a-c-d-f

Earliest due date = e-b-a-c-f-d

Critical ratio = e-a-b-f-c-d

First come first serve Shortest processing time Earliest due date Critical ratio

Average flow time 12.5 11.33 11.58 12.08

Avg Job tardiness 2.83 0.83 0.42 0.67

Find attachments for complete answer

3 0
3 years ago
Customer World provides services to customers and allows customers to pay by credit card. On Thursday, a customer purchased a ca
Triss [41]

Answer:

The answer is $1.55

Explanation:

From the question above, we have the following:

Money spent by customer = $65

Transaction fee = $0.25

Percentage charge = 2% of the total charge

We calculate the total transaction fee as follows:

2% of $65 will be = 0.02 X $65

=> $1.3

Recall that there is a transaction fee = $0.25.

Therefore, total transaction fee:

$1.3 + $0.25

=> $1.55

6 0
3 years ago
As a middle age adult, hypothetically, reflect on your employability skills, identify your own career strategy and relate it to
GarryVolchara [31]

Employability skills are versatile abilities that people use on the job. Along with candidates' academic credentials, employers frequently look for a varied variety of talents. Employees should concentrate on enhancing their employable skills in order to stay current and increase their productivity. We examine the numerous employability abilities that are in high demand in the workplace in this post.

Employability abilities are the soft talents that help you stand out from other job hopefuls with comparable academic credentials who are vying for the same position. Although they are not explicitly included in job descriptions, these abilities are crucial to have in order to land a position where your employability skills align with the requirements of the position.

<h3>Common Employability Skills:</h3>

While technical skills or on-the-job training can be obtained, employability skills are more innate or learned via work experience, repetition, or education.

Some fundamental abilities that employers look for in candidates include:

talents in communication

Leadership

finding solutions

Teamwork

Reliability

Managing oneself

Organization and preparation

Technology

Initiative

Learning

Therefore, all the above-mentioned skills are the key skills that help in enhancing our careers.

For more information on the Job market, refer to the given skills:

brainly.com/question/4934175

#SPJ4

7 0
1 year ago
The following information relating to a company's overhead costs is available.
Nimfa-mama [501]

Answer: $2,000 favorable

Explanation:

Total variable overhead variance = Budgeted variable overhead - Actual total variable overhead

Budgeted variable overhead = Budgeted machine hours allowed for actual output * Budgeted variable overhead rate per machine hour

= 30,000 * 2.50

= $75,000

Total variable overhead variance = 75,000 - 73,000

= $2,000 favorable

Favorable because the actual amount was less than the budgeted one.

3 0
3 years ago
1) Benjamin has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the
lozanna [386]
The concert tickets are represented as an opportunity cost. 
5 0
4 years ago
Read 2 more answers
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