Answer:
C. all goods and services that are in demand
Explanation:
Macroeconomics, as a branch of economics, is concerned with the performance of the economy as a whole. Macroeconomics studies the key economic indicators such as unemployment rate, growth rate, aggregate demand, inflation, and price levels. The government uses data form macroeconomic analysis to formulate policies and strategies for the country.
While microeconomics will be concerned with the income and expenditures of individuals and households, Macroeconomic will consider the consumption and revenues of the entire population. Microeconomics studies the demand for a single product. Macroeconomics focuses on the aggregate demand for products and services in a country, which is more like the GDP.
Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.
Explanation:
- Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
- If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
- Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.
Answer:
D) Legitimate power.
Explanation:
What is power exercising?
It is known that leaders have diverse styles. However, there is also a concept of exercising power which only identifies what power a figure is utilizing. There are eight powers of leaders.
Legitimate power: The power a leader use when he has a certain position in the company.
Foreman has authority over it's employees that's because the employee is compelled to do as the foreman is saying.
Answer:
The manufacturer's unit price should be $12 in order to have 50,000 target profit
Explanation:
Data provided in the question:
Fixed costs = $100,000
Variable cost = $10 per unit
Break-even volume = 50,000 units
Now,
At breakeven point
Total cost = Total revenue
let the unit price be 'x'
Thus,
$100,000 + $10 × 50,000 = x × 50,000
or
$100,000 + $500,000 = x × 50,000
or
$600,000 = x × 50,000
or
x = $12
Hence,
The manufacturer's unit price should be $12 in order to have 50,000 target profit
