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3 years ago

What could cause a shift in the demand curve

Business

2 answers:

ehidna [41]3 years ago

5 0

Answer:

income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.

Explanation:

zubka84 [21]3 years ago

4 0

Answer: There are five significant factors that cause a shift in the demand curve: income, trends and tastes, prices of related goods, expectations as well as the size and composition of the population.

Explanation:

The Two Types of Demand Curves

If demand is perfectly elastic, the curve looks like a horizontal flat line. Inelastic demand is when a price decrease won't increase the quantities purchased. An example of this is bananas. No matter how cheap they are, there's only so many you can eat before they spoil.

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The production team of Widget Corp., a furniture manufacturer, has determined the amount of wood, metal, fabric, labor hours, ca

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Question Options:

A) economic order quantity

B) partial productivity

C) multifactor productivity

D) internal service quality

Answer: MULTIFACTOR PRODUCTIVITY.

Explanation: Multifactor productivity is also known as total factor productivity can be defined as the elements or influences that determines the output in production from the inputs. Like in this question, the company determined the inputs (wood, metal, fabric, labor hours, capital, and the electricity) required to produced an output (chair).

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4 years ago

Acme company has just completed the incorporation process and received its articles of incorporation from the state. at the firs

lana66690 [7]

The answer is adopting bylaws. In addition, unlike the articles of incorporation the bylaws are not public records and classically do not have to be gather in a line with any governmental unit. The bylaws will be accepted by the directors of the corporation at their first board meeting or accepted by the deed of incorporator and then accepted at the first board conference.

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3 years ago

According to the video, did the Federal Reserve pursue

zaharov [31]

Answer:

The Federal Reserve took an expansionary approach during the crisis. This was done by expanding the money supply and boosting liquidity. This can be seen in the Fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. The Fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

Explanation:

5 0

3 years ago

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Fill in the blanks to complete the sentence. A manufacturing company has budgeted production at 5,000 units for May and 4,400 un

GarryVolchara [31]

Answer:

Direct material purchases in May = 21,670× $10= $216,700

Explanation:

Material purchase budget is determined by adding the closing inventory of material to the material usage budget less the opening inventory.

Material budgets for May will be prepared as follows:

Materials needed for May production = 5,500 × 3 = 16,500

Materials needed for June production = 4,400× 3= 13,200

Closing inventory of raw material in May =60% × June requirement = 60% × 13,200 =7,920

Material purchase budget for February = Usage budget + closing inventory - opening inventory

= 16,500 + 7,920- 2,750=21,670

Direct material purchases in May = 21,670× $10= $216,700

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3 years ago

The real per capita GDP in country X is 4 times of that in country Y. The annual growth rate in country X is 2.33%, while in cou

tigry1 [53]

Answer:

It will take 30 years for country Y’s GDP to catch up with that of country X

Explanation:

In this question. We are asked to calculate the number of years it will take a certain country Y to catch up with the GDP of a certain country X, given the annual growth rate in both countries.

We calculate the number of years as follows;

Firstly, we assign a variable to the value of the real GDP of country Y

let real

Let the real GDP of the country Y be n. This means that the GDP of country C will be 4 * n = 4n

With a 7% growth rate annual, country Y's Real GDP will be doubled in 70/7 = 10 years and;

With annual growth rate of 2.33% ,country x's Real GDP doubles in 70/2.33 = 30 years.(Approx)

Now in next 30 years x's Real GDP will be = 2x4n = 8n

and Y's Real GDP in next 30 years will be = 2x2x2xn = 8n.

thus , it will take 30 years to country Y to catch up to the level of country x.

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3 years ago

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