Answer:
increases
higher
more
lower
lower
Explanation:
If the money supply is increased. individuals would have more money and consumption would increase. Increase in consumption would lead to a rise in demand.
when demand exceeds supply, prices rise,
When there is a rise in price, it encourages producers to increase production in order to increase their profit margin.
In order to expand production, more factors of production would be needed. So, more labour would be hired. thus, unemployment would fall.
it can be seen that higher inflation lowers unemployment
Answer:
Option A : Because at zero profit, with her revenue, she can cover all her costs—explicit and implicit (opportunity cost).
Explanation:
Perfectly Competitive Market
This is simply a market the market participants are said to be price takers that is no consumption decisions by individual consumers and no production decisions by individual producers can be able to affect the market price of a good.
Perfectly Competitive Industry
This is simply an industry where producers are said to be price takers.
Explicit Costs
These are costs that are simply known as "out-of-pocket" costs or in accounting costs. They are an individual's fixed and variable costs of doing business.
Implicit Costs
These are costs that do not partains to monetary payment as they are the opportunity costs of doing business.
It is said that at zero profit, the revenue covers all the costs, including the implicit ones. The fact that her implicit costs are covered shows that no outside option or opportunity that is superior to the zero economic profit option is chosened.
Answer:
// Program is implemented using Coral Programming Language
int X
int Y
int Sum
Put "Enter any two numbers" to output
x = Get next input
Y = Get next input
if Y < X
Put "Second integer can't be less than the first" to output
else
for Sum = X; Sum <= Y; Sum = Sum + 10
Put Sum to output
Explanation:
The above program is written using Coral Programming Language
The first line is a comment
The next 3 lines declares 3 integer variables
Which are X, Y and Sum
X and Y represent the two input numbers as seen on line 6 and 7
X, being the first and Y being the second
Line 8 tests the larger of the two numbers
If Y is less than X, the output is "Second integer can't be less than the first" without the quotes
Else
The last two lines perform iterative operations that assigns the addition of 10 and X to Sum
It continues printing sum as long as sum is less than the value of Y.
Most likely, Mary would be charged a higher amount of interest for missing payments, and would be charged more and more the if she continued to miss payments.
Answer:
(c) 10,500 equivalent units of production
Explanation:
Equivalent units of production helps manufacturing companies determine the average completed or finished products. Additionally, since there are many items in continuous production, without calculation of equivalent units, it would be difficult to determine how much money was incurred in production costs.
Using the formula
The number of partially completed units (15,000) x percentage of completion (70%) = equivalent units of production (10, 500)
