Answer:
because they are able to create it at a lower price
Explanation:
Answer:
Review labor costs downwards
Explanation:
Janet and Omar should consider revising their budget for labor downwards. In the current state, labor costs are $1000, which is approximately 57 percent of all costs. As a rule of thumb, labor costs should be between 25 to 35 percent of total costs. This implies that Janet and Omar's labor costs are very high in relation to the other costs.
Janet and Omar should aim for a profit. Ideally, a 25 to 30 percent profit is a good target for such a business. For this to happen, they need to cut down labor to between $300 to a maximum of $400.
Answer:
microeconomics: The study of the behavior of individual households and firms in making decisions on the allocation of limited resources. Macroeconomics: The study of the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.
Explanation:
Answer:
C. calculating the total output for Portugal
Explanation:
- Aggregate demand can be thought as the total amount of products that are demanded by individuals in an economy, in a certain period of time.
- It is a way of measuring the total output of goods demanded in a territory, periodically.
- Because in equilibria, aggregate demand must equal aggregate supply, thinking about total output (produced and demanded) is correct.
- Because <u>it has to do with all the goods that are demanded,</u> options A and B are not suitable.
Answer:
$77.81
Explanation:
We are given that West Side Corporation is expected to pay the following dividends over the next four years: $16, $12, $11, and $7.50.
Required rate - 16%
Growth rate = 6%
We are supposed to find the current share price
Formula :
D = Dividends
t = time
r = required rate
G= Growth rate
Substitute the values in formula :
