Decrease the supply of chickens, raising the price of chicken, which will increase the demand for pork, a substitute, which will then increase the demand for chicken, further raising chicken prices.
Explanation:
General equilibrium theory, or Walrasian general equilibrium, attempts to explain the functioning of the macro economy as a whole, rather than as collections of individual market phenomena.
The theory of balance assumes the economy to be an interdependent social network which aims to show that all free markets inevitably push towards the overall balance.
General balancing evaluates the economy in the long term instead of examining the independent markets as a study of partial equilibrium.
Request and demand are offset or equivalent in general equilibrium.
Answer:
Depreciable cost per mile= $0.28
Explanation:
Giving the following information:
Purchase price= $32,000
Salvage value= $4,000
Miles= 100,000
<u>To calculate the depreciable cost per mile under the units-of-activity method, we need to use the following formula:</u>
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Depreciable cost per mile= (original cost - salvage value)/useful life of production in miles]
Depreciable cost per mile= (32,000 - 4,000) / 100,000
Depreciable cost per mile= $0.28
Answer:
The total number of hours the teams will spend on the projects is:
= 548 hours.
Explanation:
a) Data and Calculations:
Estimate of time to complete each program by various groups:
Programs
Business Education Surveys Beautification Total
Group 1 32 35 15 27 109
Group 2 38 40 18 35 131
Group 3 41 42 25 38 146
Group 4 45 45 30 42 162
Total 156 162 88 142 548
b) Each group's total time is added, and each program's total time is also added. The totals are then summed to get the overall total number of hours that the teams would spend on the various projects.
Answer:
Explanation:
In a group meeting or any setting that requires a leader, many body language signs can accidentally cause someone to be singled out or chosen as a leader. Such signs as smiling, making eye contact, good posture, assertive attitude, hand gestures, etc are all body language signs that give off confidence to those around you, and confidence is the main trait of a leader.
Answer:
$33,500
Explanation:
Calculation for what was the segment margin for Product Gorgeous
Using this formula
Net operating profit= (Product Beautiful segment margin + Product Gorgeous segment margin ) - Common fixed expenses
Let plug in the formula
$25,500= ($47,000 +Product Gorgeous Segment margin ) - 55,000
$80,500= $47,000 + Product Gorgeous segment margin
$33,500=Product Gorgeous segment margin
($80,500-$47,000)
Therefore the segment margin for Product Gorgeous is $33,500