Answer:
True
Explanation:
For any organization, whether small or large in terms of capital investment, the potential benefits will occur only when all the opportunities available in the market are exploited properly.
Therefore, performance benefits of a multi organization can be obtained, only when the organization exercises the ability of exploiting all the resources available in the market, related to the organization, which are termed as parallel resources in business language.
Thus, the above stated statement is
True.
Answer:
a. If demand increases and supply is constant, there would be a rightward shift of the demand curve. As a result, equilibrium price and quantity would increase
b. An increase in supply would lead to a rightward shift of the supply curve. As a result price decreases and quantity increases. A decrease in demand would lead to a leftward shift of the demand curve. As a result, quantity and price decreases. Taking these two effects together, equilibrium price decreases and there is an indeterminate effect on equilibrium quantity
c. An increase in demand leads to a rightward shift of the demand curve. As a result, equilibrium price and quantity increases. A decrease in supply would lead to a leftward shift of the supply curve. This leads to a decrease in quantity and an increase in price. Taking these two effect together, there would be an increase in equilibrium price and an indeterminate effect on equilibrium quantity
d. A decrease in demand would lead to a leftward shift of the demand curve. As a result, quantity and price decreases. A decrease in supply would lead to a leftward shift of the supply curve. This leads to a decrease in quantity and an increase in price. Taking these two effect together, there would be a decrease in equilibrium quantity and an indeterminate effect on equilibrium price
Explanation:
Please check the attached images for the demand and supply diagrams
Answer:
The cost of goods sold for February is $1,525
Explanation:
For computing the cost of goods sold, the following equation should be used which is shown below:
Cost of goods sold = Opening stock of candy bar + Purchase of candy bar - closing stock of candy bar
= 200 + 3,000 - 150
= 3,050 candy bars
Now, the total cost of good sold is equal to
= Cost of good sold × cost per candy bar
= 3,050 × $0.50
= $1,525
The sale price for per candy bar should not be taken because we have to compute the value at cost not at sale price. Thus, it would not be taken in the computation part.
Hence, the cost of goods sold for February is $1,525
Answer:
TIE = 150,000 / 5,000 = 30
Explanation:
Times Interest Earned (TIE) = Earnings Before Interest and Tax (EBIT) / Interest Expense
TIE ratio shows the ability of a company to meet its interest payments on its debt (solvency), expressed in times.
In this case 3.33% of the operating profits goes towards servicing the debt or the operating income are 30 times the annual interest expense.
Explanation:
The economy is in equilibrium, TP = TE. That is total production is equal to total production.
Then, autonomous consumption rises. As a result, consumption rises, the TE(total expenditure) curve shifts upwards, inventory levels unexpectedly falls, and business firms increases the quantity of goods and services they produce.
