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MissTica
4 years ago
12

Consider the market for pens. suppose that increased medical concerns over lead pencils have led schools to steer away from penc

il use in favor of pens. moreover, the price of plastic, an important input in pen production, has increased considerably.
Business
1 answer:
Sloan [31]4 years ago
5 0

Answer: Rise in price of pens. Change in quantity unambiguous

Explanation: When schools steer away from pencils in favor of pens, the demand for pens will increase in the market. This will lead to a rightward shift in the demand curve for pens.

While, a rise in price of plastic an input in pen production will increase the cost of pen production. This will lead to fall in the supply of pens, shifting the supply curve upward to the left.

The net effect of this change is a rise in the price of pens. However, the change in quantity cannot be determined.

When shift is demand is greater than shift in supply curve, quantity will rise.

When shift is demand is less than shift in supply curve, quantity will fall.

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When does the appraisal process begin?
Nookie1986 [14]
The appraisal process is a procedure of which a higher authority or someone authorized to assess the abilities and the performance of the employees. In the choices above, it begins in letter a, when the manager defines performances standards for employees because this is considered to be an orientation for the employees of which they should apply before the assessing starts. Once they have ingested the performances standards, the assessing begins, or the so called appraisal process.
7 0
3 years ago
At least once a year, budgeted spending should be compared against ____ spending.
Savatey [412]

Actual spending. It is important to compare the budget, which is expected spending, to actual spending to make adjustments and catch potential problems or figure out what to do extra money.

7 0
3 years ago
A journal entry that debits Raw Materials and credits Accounts Payable is recording the ______.
lbvjy [14]

When you see a journal entry that leads to a debit of Raw Materials and a credit of Accounts Payable, this is a<u> C. purchase of materials. </u>

<h3 /><h3>What happens when materials are purchased?
</h3>

As materials are an asset, the raw materials account will be debited to show that raw materials are increasing.

If the Accounts Payable is credited, it means that it is increasing as well because it is a liability. The transaction was therefore done by buying the materials on credit.

In conclusion, option C is correct.

Find out more on raw materials purchases at brainly.com/question/26446159.

5 0
3 years ago
Click this link to view O*NET’s Work Context section for Licensing Examiners and Inspectors. Note that common contexts are liste
bija089 [108]

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A, C, E, F

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4 0
3 years ago
Compensation paid in proportion to the number of units of personal output best describes:_______.
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Compensation paid in proportion to the number of units of personal output best describes piece rates. When an employee is paid on a piece rate, they are paid per unit.

This means that the worker is paid based on how much is picked, packed, pruned, or made. The piece rate system boosts employee productivity by making sure they are focused on achieving their goals. A worker can be employed to work shifts that are paid hourly and on a piece rate basis.

An employee is compensated on a piece rate basis. This indicates that the amount picked, packed, pruned, or made determines the employee's compensation rate. Piece rates are used instead of the hourly or weekly pay rate when payment is made.

To learn more about piece rate, click here.

brainly.com/question/18492078

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3 0
2 years ago
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