Answer:
Rightward; demand
Explanation:
Suppose the equilibrium price of bottled water has risen from $1.00 per bottle to $2.00 per bottle and the equilibrium quantity has increased. These changes are a result of a ___Rightward___ shift of the ___demand__ curve for bottled water.
When demand and supply are at balance, it means that equilibrium has been attained.
A shift in the demand means consumers are willing to buy more irrespective of the price.
Equilibrium price and equilibrium quantity is said to increase when there is a rightward shift in demand curve.
In this case, since, the equilibrium price of bottle water increased from $1 to $2 and equilibrium quantity of bottle water increased, therefore it can be said that there's a rightward shift in the demand curve of bottle water. The price change was as a result of change in demand
Answer: Retired for $66000 cash.
Explanation:
Given that,
bonds par value = $50000
carrying a value = $62000
retired for cash = $66,000
Loss = $4000
Issuing bonds are an approach to fund activities. Hence, a sum that is reported in the cash flows from the statement of financial activities.
There is a cash outflow of $66000 from retiring.
The amount to be reported under cash flows from financing activities is retired for $66000 cash.
Answer:
Annual savings= $924
Explanation:
Giving the following information:
The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $3.30 per gallon. Calculate the annual fuel savings, in gallons, for the truck and car assuming both vehicles are driven 8,000 miles per year.
Current cost= (8,000/25)*3.30 + (8,000/10)*3.30= $3,696
New cost= (8,000/40)*3.3 + (8,000/12.5)*3.3= $2,772
Annual savings= 3,696 - 2,772= $924
Answer:
Taylorism
Explanation:
Taylorism, often referred to as Scientific Management, was the first theory of management to focus specifically on analyzing and optimizing workflows. These theories of process optimization helped drive the Fordist shift to mass production which occurred in the early part of the 20th Century. Taylorism can be boiled down to 4 principal points: The method of doing a task should be informed by a scientific investigation of the task , employees should be selected and carefully trained for tasks ,tasks should have detailed instructions and should be subject to supervision and management should evaluate tasks and formulate optimized approaches for the workers to follow .
Some forms of analysis might be done by timing how long it takes a worker to do a task, others by weighing raw materials. Process analysis, for Taylor, had to look at both the minutiae of the process composition and the detail of the physical acts required to complete the process. The elements of process improvement Taylor advocated for were successful in regards to processing materials; changing the way steel was cut and patenting that process. Yet, during his life, Taylor struggled to achieve quite the same success improving the efficiency of workers. Taylorism was first scientifically understanding how the production process worked and then supporting the managers of a workplace to intimately train workers to work at maximum efficiency. This way, the means towards higher returns is paved with a well-managed, harmonious relationship between managers and workers. In theory, this would have been a much more sustainable model for an organization. But despite that promise, people, although genetically similar, are intrinsically unique and complex. Aligning different minds and ushering people to a new way of working (from individual craft, to standardized production), sometimes require more time and effort than bringing in a new piece of technology.
<span>Which of the following best describes how auto insurance companies manage risk? Auto insurance companies will charge rates based on what they think is appropriate in regards to how likely you are to file a claim. They take into account many factors that will relate to filing a claim in the future and what you have done in the past. By evaluating these, they are determining the risk and how to manage it. </span>
