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Fantom [35]
3 years ago
9

What is the other term for creative thinking

Business
1 answer:
Ira Lisetskai [31]3 years ago
5 0
Brainstorm


I hope it helped you!
You might be interested in
Below table represents buyers’ willingness to pay for a roasted chicken and consider that there is only one supplier whose cost
frez [133]

Answer:

$13

Explanation:

total consumer surplus = ($10 - $6) + ($7 - $6) = $4 + $1 = $5

total supplier surplus = ($6 - $2) x 2 units = $4 x 2 = $8

total surplus in the market = consumer surplus + supplier surplus = $5 + $8 = $13

Since the price is higher than Chuck's willingness to pay, no transaction will occur resulting in 0 surplus.

3 0
3 years ago
What tends to happen to the inflation rate if the Fed works to lower the unemployment rate? Why?
STatiana [176]

Answer:

The inflation rate increases because of increased spending.

Explanation:

In order to lower the unemployment rate, the government needs to increase production. Higher production needs more investment. The investment will increase if the cost of borrowing decreases. So the feds need to decrease the interest rate on borrowings.  

This decrease in interest rate will cause the investment to increase, as a result the firms will produce more. To increase production, they will need more workers. In this way, the unemployment rate will decrease.

6 0
3 years ago
Recall Little’s Law that relates the 3 most important process measures (average inventory, average flow rate, and average flow t
Anna11 [10]

Answer: 0.15 years

Explanation:

According to Little's Law, it should be noted that:

I = R × T

where,

I = amount of flow units

R = rate of processing flow units

T = time

For this question,

I = $45 million

R = $300 million

Time will be:

T = I/R

T = 45/300

T = 0.15 years

Therefore, the account receivable process will use an average of 0.15 years.

7 0
3 years ago
This occurs when a person or firm purchases new capital. This occurs when a person's income exceeds his consumption. Which of th
Lostsunrise [7]

Answer: Buying $200 stock in AT&T is an example of investment. As in this case the persons income exceeds his consumption and he buys new capital.

Borrowing $1000 from a bank to buy a car to use in business is also an investment as in this case buying a car is like investing in a cash flow producing asset, as the car will be an asset which will help earn money from the pizza business.

Explanation:

Roommate depositing $100 is an example of saving and not investing.

Taking out a mortgage and buying a house is an example of consumption and not investment.

3 0
3 years ago
1.2 Explain the concept of the labour market to a Grade 12 school-leaver. Give a
Marianna [84]

Answer:

The labor market is the phrase used to describe the supply of labor by employees and demand of labor by the employers as such there is an interaction between the workers and the employers where wage is paid to the workers by the employers for the labor the workers supplied

Being educated gives an employee the capacity to be more productive and gives an indication of the potential of prospective employees to recruiters and employers. Therefore, qualifications attained are an advantage when seeking employment alongside many several other job seekers

Therefore, a grade 12 school-leaver competing for a job alongside several others with similar or tertiary education is less likely to secure a desired job or vocation

However, with a tertiary education, such job seekers would more readily convince recruiters about their ability to satisfactorily perform their desired job

Explanation:

6 0
2 years ago
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