It was Alfred Marshall who developed the Principles of Economics. In this principle, Marshall explained the relationship between supply and demand, along with the production costs and price. To better understand his concept, Marshall formulated a curve that is still being used nowadays to easily illustrate the certain point at which the market achieves equilibrium. When a company increases its supply of certain sneakers, it only tells us that they are probably on sale. This means that prices decrease while the demand for such sneakers increase<span>. On the other hand, the price increases if the quantity of sneakers decreases; thus, the demand decreases as well.</span>
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Answer:
The Net working capital is 3025 dollars.
Explanation:
Total current assets in the balance sheet = $4250
The current liabilities in the balance sheet = $975
Account payable = $600
Accrued wages and taxes = $250
Below is the calculation of net operating working capital.
Net working capital = current assets – current liabilities.
Net working capital = 4250 – (975 + 250)
Net working capital = 4250 – 1225
Net working capital = 3025 dollars.
Here, interest will not be considered. So the net working capital is $3025
Answer:
Job sharing
Explanation:
Job sharing here is a technique whereby the two people share a full-time job responsibilities into a part-time roster to finish off the job one person has been doing in a single full-time job. This redesign technique usually occurs where the workers are looking for a way to reduce their workload without quitting the job entirely or done to give more attention to a loved one at home.
