Which of the following would shift the supply of Green Bay Packers football jerseys to the left? a. The Green Bay Packers make i
t to the Super Bowl. b. The price of the jerseys increases by $15. c. The technology of sewing machines use to make the jerseys improves. d. The cost of the fabric used to make the jerseys increases.
The situation that would shift the supply of Green Bay Packers football jerseys to the left is when the cost of the fabric used to make the jerseys increases.
A change in a supply is shown as a shift of the supply curve.
Factors that causes a shift in the supply curve include <u>prices of factors of production</u>, returns from alternative activities, technology, seller expectations, natural events, and the number of sellers.
In the scenario, the cost of the fabric used to make the jerseys increases and will cause suppliers to make less jerseys given that all other things remain constant because given the same amount of money they will only be able to buy fewer raw materials which will lead to making fewer jerseys
I would say that what best describes the team of managers from the different departments (Engineering, R&D, Prod, and Marketing) is a Cross-functional team because the group consists of different people in different fields of expertise which work together toward a common goal for the Lizard Clothing Company.
Transferable skills are the skills or qualities that an individual has acquired through their learning processes in school, colleges, and life. These skills are those qualities that help an individual to land a successful job. Therefore, all three skills mentioned, which are basic skills, thinking skills, and personal qualities; above are included in transferable skills. Hence, the answer is option d.