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3 years ago

The inflation rate is decreasing and unemployment is rising. The economy is likely in

Business

2 answers:

dsp733 years ago

6 0

Contraction . Hope this helps

PilotLPTM [1.2K]3 years ago

4 0

Answer:

A. Contraction

Explanation:

According to economic cycles, the economy is in a state of contraction, that is, that this is a period in which economic activity slows down, production and sales levels drop, and consequently companies begin to lay off staff.

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Krumbly Corporation uses the FIFO method in its process costing system. At the beginning of the month, Department D's work in pr

ss7ja [257]

Answer:

the total cost is $23,200

Explanation:

The computation of the total cost of the 2,000 units transferred is as follows:

= Total cost at that point + other cost

= $13,600 + (2,000 × (1 - 0.40) × $8)

= $13,600 + 2,000 × 60% × $8

= $13,600 + $9,600

= $23,200

hence, the total cost is $23,200

6 0

3 years ago

The text discusses strategic trade-offs that are different between Walmart and Nordstrom even though they are in the same indust

Radda [10]

Solution:

I have selected Nintendo and Sony as the 2 companies to compare their tradeoffs policies based on their gaming devices as the product of choice. While Sony works towards creating an all-round experience for the people in the terms of creating their game consoles, based on the needs of the players to have a product capable of the best graphics possibility at an affordable price, Nintendo focuses more on the playability factor and the connection their customers have with their brand more than the factor of pricing and placement and as a result, they both have different categories of customer and game players which use their product.

Nintendo focuses on gameplay itself and the environment that supports it while providing hardware capable to achieve the bare minimum requirements while song's product essentially provides the best possible hardware at the price point, allowing them the factor of future upgradability and utilizing the difference in requirements to their advantage, both have tradeoffs with cost, market segment and approachability.

5 0

3 years ago

Is budget towards a new computer a fixed or variable expense?

Damm [24]

A budget isn’t an expense, nor is a new computer rather an asset

5 0

3 years ago

2. Using a required reserve ratio of 10% and assuming that banks keep no excess reserves, imagine that $400 currency is deposite

Crank

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

7 0

3 years ago

Residential Electricity Commercial Electricity Residential Natural Gas

salantis [7]

Answer:

Refer explanation

Explanation:

Price elasticity of demand is the % change in quantity demanded to a % change in price. There are five degrees of price elasticity of demand:

1. Perfectly elastic: Quantity demanded changes even without a change in price.

2. Elastic: Change in price causes a higher change in quantity demanded. PED > 1

3. Unit elastic: Change in price leads to a proportionate change in quantity demanded. PED = 1.

4. Inelastic: Change in price creates a lower change in quantity demanded. PED < 1

5. Perfectly inelastic: Even if price changes, there is no change in quantity demanded.

a. In the short run, PED for residential electricity is 0.24. This is less than 1, suggesting that PED is inelastic. Hence, a change in price will lead to a smaller change in quantity demanded.

b. Commercial electricity has a PED of 0.21 which is similar to residential electricity but it can be said that it is more price inelastic than residential electricity of 0.03 (0.24 - 0.21). Hence, a change in price will create an even smaller change in quantity demanded than residential electricity.

c. In the long run, residential PED is 0.32 whilst commercial PED is 0.97. Whilst both are still inelastic, it can be said that commercial electricity demand is now much more responsive to price than it was in the short run. Since 0.97 is closer to 1, it can be assumed that a change in price will create an almost proportionate change in quantity demanded. The reason that both electricity demand is less inelastic in the long run is since now they have more time to adjust and switch to other substitutes.

d. Price elasticity of demand is calculated as the % change in quantity demanded divided by the % change in price.

PED = % change in Qd / % change in price

When substituted for residential electricity in the long run

0.32 = % change in Qd / 1

0.32 x 1 = % change in Qd

% change in Qd = 0.32

When substituted for commercial electricity in the long run

0.97 = % change in Qd / 1

0.97 x 1 = % change in Qd

% change in Qd = 0.97

8 0

3 years ago