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stich3 [128]
4 years ago
8

The law of supply and demand asserts that

Business
1 answer:
Anna35 [415]4 years ago
6 0

Answer:

b. the price of a good will eventually rise in response to an excess demand for that good.

Explanation:

As more people are willing to purchase the good the price will rise. Because, the supplier can offer up to certain amount given their current production factors thus, this increase in demand is met with an increase of price. In the future this increase in price which generates more producer surplus will make more company’s invest in the business or the current ones will develop new ways of production to produce more and therefore; lowering the price.

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In the context of the types of organizations that do business across national borders, the architecture of the global informatio
DaniilM [7]

Answer:

a. multinational

Explanation:

Analyzing the options given:

Multinational: A company that has a presence in more than one country and have a central management but tries to adapt its offering to the local market.

International: Refers to importers and exporters which don't have investments out of their home market.

Global: Companies that have a presence in many markets and they establish a single strategy to market the products in all the countries.

Transnational: Companies that are present in different markets that have a structure that is decentralized with bases and management in different place where it operates.

According to this, the structure that requires a higher level of standardization for global efficiency, and yet it must maintain local responsiveness is a multinational company because these organizations have a main office but they also adapt to each market.

6 0
4 years ago
Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
hjlf

Answer:

The earnings per share figure is $1.89

Explanation:

Sales of $602,000

Costs of $256,000

Depreciation expense of $62,500

Interest expense of $29,500

Tax rate of 40 percent.

-> Profit Before Tax  = Sales - Cost - Depreciation Expense - Interest expense

= $602,000 - $256,000 - $62,500 - $29,500

= $254,000

Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400

Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000

= $1.89

7 0
4 years ago
Abburi Company's manufacturing overhead is 40% of its total conversion costs. If direct labor is $105,000 and if direct material
ivanzaharov [21]
Manufacturing overhead= $57,600
Explanation:
To calculate the Conversion costs, we need to use the following formula:
Conversion costs= direct labor + manufacturing overhead
Now, if direct labor is 60% of conversion costs, then:
Conversion costs= direct labor / (1 - 0.4)
Conversion costs= 86,400 / 0.6
Conversion costs= $144,000
Finally, we determine the manufacturing overhead:
Manufacturing overhead= 144,000 - 86,400
Manufacturing overhead= $57,600

5 0
3 years ago
According to okun’s law, how much output (real gdp) was lost in 2009 when the nation’s unemployment rate increased from 5.8 perc
WINSTONCH [101]

Answer: Decline in GDP = $1009.3 billion

Explanation:

Okun's law shows us the relationship between a nation's unemployment rate and its level of output or real GDP.

According to the Okun's law,

Loss in GDP=  2* (9.3 - 5.8) = 7%

Therefore, a 7% decline in GDP as compared to the level in 2009 means,

Change in GDP = -0.07 * 14419 billion

= 1009.33 billion or 1009.3 billion

Thus, GDP declined by $1009.3 billion.

5 0
3 years ago
Bonnie is discussing with her subordinate julie the types of projects julie would like to work on in the coming year. they are s
strojnjashka [21]

Management by objective.

This is a technique that uses a defined process to establish goals and measure results in the workplace.

3 0
4 years ago
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