This answer is FALSE - FUN FACT - Liquidity of money refers to the ease with which the owner of an asset can convert it into cash it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets
<span>Assuming that we consider the standard workday of eight hours, each part would take 18.75 minutes per part completion. In order to complete 1,250 parts, it would take 8.33 days to complete. In order to complete the 1,250 parts, the manufacturer would have to create at least eight work stations to meet the daily demand.</span>
Answer:
Increase in savings resulting directly from the given change in income
= increase in income - increase in consumption = $2000-$150 = $500
Marginal propensity to save = increase in savings/increase in income = 500/2000 = 0.25
Explanation:
Answer:
C) AccuroDisk creates a greater economic value than TD Storage.
Explanation:
Economic value can be defined as the value added by a producer of a good and it is measured by the maximum amount that consumers are willing to pay for that good minus the costs of production.
AccuroDisk economic value = $47 - $32 = $15
TD Storage economic value = $50 - $37 = $13
The amount of goods and services each dollar buys at a given point in time is called: Purchasing power.
The term defines the number and quality or value of goods and services that can be purchased with <span>one unit of money.
</span>Purchasing power loss happen<span> when prices increase, while purchasing power gain happens when prices decrease.</span><span>
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