Answer:
It will lead to an increase in consumption of good X only if X is a normal good ( D )
Explanation:
If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .
This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>
The money is skimmed before the transaction is processed. In a casino the casinos winning are moves to a count room during the movement money is removed before being counted.
The Silo Mentality in a business is something that lean-agile leaders are trying to break down. The silos in a business prevent the free-flowing exchange of information within groups. This results in a Silo Effect, which in turn, limits interactions between members, teams, and departments. Having this mindset in place within a company reduces productivity.
As Lean-Agile Leaders, they are enablers for the different teams within a company and they're lifelong learners aiming to further develop the people in an organization alongside the organization itself. By connecting the silos business, system engineering, hardware, software, test, and quality assurance they can increase productivity & increase their rate of success.
Answer:
Increased consumption leads to an increase in the production of goods, which in turn puts stress on the environment. Globalization causes rise in the amount of fuel that is consumed in transporting these products has led to an increase in the pollution levels in the environment.
Seventy percent of Chinese households burn coal or biomass for cooking and heating, which contaminates indoor air. Adverse effects of combustion-related air pollution include reduced fetal and child growth, pulmonary disease including asthma, developmental impairment, and increased risk of cancer.
Coal is the leading culprit of air pollution in China. 75% of the premature deaths are caused by the 152 coal-fired power plants in Hebei Province. Air pollution will remain a serious problem in China as long as coal continues to be the country's major energy source.
Explanation:
The missing amounts on the company's financial statements include the current asset of $880000, quick asset is $400000 and an inventory of $480000.
<h3>How to calculate the asset?</h3>
Based on the information given, it should be noted that the current assets will be:
= Current liability × Current ratio
= $320000 × 2.75
= $880000
The quick assets will be:
= $320000 × 1.25
= $400000
The inventory will be:
= $880000 - $400000
= $480000
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