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balu736 [363]
3 years ago
7

If the demand for a product decreases, what is likely to happen?

Business
1 answer:
matrenka [14]3 years ago
5 0
I m pretty sure the product supply would grow then the price would drop
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klemol [59]

The interference of personality or status differences is called personality traits, that is, a way developed by psychologists to organize different personalities according to certain dimensions.

<h3>The Big Five Personality Traits </h3>

This is one of the most accepted approaches today, which divides the personality into the following traits:

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Each of the traits encompasses different personality facets that help identify which one individual has more or less of compared to another individual.

Therefore, today's organizations need to understand the personality traits of their employees through testing and analysis, to better understand the motivation of each individual and create an organizational culture based on diversity and development.

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3 0
2 years ago
Expansionary monetary policy has people concerned about future inflation, which is causes an increase in expected inflation. thi
Dahasolnce [82]

Expansionary monetary policy has people concerned about future inflation, which is causes an increase in expected inflation. this will cause the Phillips Curve to shift right.

The trade-off between unemployment and inflation in an economy is represented by a Phillips curve. According to Keynesian macroeconomics, a fiscal expansion that moves the aggregate demand curve to the right can end a downturn.

The long-run Phillips curve will move to the right (because the natural rate of unemployment increases) if structural unemployment increases because people' job abilities become obsolete.

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4 0
2 years ago
Which of the following is not one of the factors used to determine depreciation expense?
Kamila [148]

Answer: Option D

           

Explanation: In simple words, depreciation refers to the reduction in value of an asset which occurs due to the normal wear and tear of that asset over a passage of time.

Depreciation is calculated by dividing the difference of initial value and estimated residual value with the expected useful life.

Hence, from the above we can conclude that the correct option is D .

6 0
3 years ago
Describe the key stages in integrating total quality management into the strategy of an international petrochemical company
Julli [10]

Answer:

  • Total quality management (TQM) describes a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

Explanation:

If my answer is incorrect, pls correct me!

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8 0
3 years ago
Fill out the following tables to practice calculating the CPI for different base years (_____/5)
Temka [501]

Answer:

CPI for 2007 where base year is 2006 is 100%

CPI for 2008 where base year is 2007 is 25%

CPI for 2009 where base year is 2008 is -20%

CPI for 2010 where base year is 2009 is 212.5%

CPI for 2011 where base year is 2010 is 60%

Explanation:

The CPI (consumer price index) for different years is calculated by this formula:

CPI= (Current price in X year/base price in X year)

CPI for 2007 if 2006 is the base year. = $40/$20

                                                              =2x100 then we multiply by 100 to get the percentage as the baseline for the CPI .

                                                                =200% - 100%= 100% we then subtract 100% to get how much change over time has happened and in this case CPI is 100% that meanse there was a 100%inflation rate in prices.

CPI for 2008 if 2007 is the base year = $50/$40 we substitute the prices respective to the base year 2007 using the above mentioned formula to calculate CPI.

                                                                  = 1.25 x 100 then we multiply by 100 to get the percentage as the baseline for the CPI for year 2008.

                                                                   =125% -100% = 25% this means that CPI is 25% which there was an inflation rate of 25% between year 2007 and 2008.

CPI for 2009 if 2008 was the base year= $40/$50 we again substitute the prices using the above mentioned formula to calculate CPI where 2008 is now the base year.

                                                                    =0.8x100 to get the percentage we multiply by 100%

                                                                    = 80% - 100%= -20% this means that CPI has decreased by 25% between 2008 and 2009 there was deflation in prices.

CPI for 2010 if 2009 is the base year = $125/$40 we substitute to the above formula where 2009 is the base year.

                                                                 =3.125x 100 we then multiply by 100 to get the percentage of CPI.

                                                                   =312.5%- 100%=212.5% which means there was inflation of 212.5% in prices on the CPI.

CPI for 2011 if 2010 is the base year = $200/$125

                                                                 =1.6x 100

                                                                 =160%-100%

                                                            CPI= 60%  

This means in the economy there was an inflation of 60%.

4 0
3 years ago
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