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4 years ago

Ased on the quantity theory of money, if velocity is constant, inflation is likely to occur when:

Business

1 answer:

Slav-nsk [51]4 years ago

4 0

Answer:

Option (B) is correct.

Explanation:

The quantity theory of money can be expressed in the form of an equation that is

M × V= P × GDP

where,

M = Money supply

V = Velocity of money

P = Price level

GDP = Gross domestic product

P × GDP is the nominal GDP, it is the amount of required for purchasing the total amount of output. All the transactions are depends upon the income level of the consumers at the full-employment level. So, if there is an increase in the money supply, this will results in higher prices which means that an increase in the money supply over the real gross domestic product would cause the inflation.

Increase in the money supply will increase the nominal GDP but real GDP remains the same. But if the growth rate of money supply is equal to the growth rate of real GDP then there will be no inflation and Real GDP remains constant at the full-employment level, hence, its level of volume doesn't increase if the there is an increase in the money supply.

Therefore, increased growth rate of money supply over the real GDP causes inflation.

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You found that you should stock and sell 50 or 400 cans of beans per week in order to break even. In part (g) you are asked what

zubka84 [21]

Answer:

Option C is correct P(q) = -0.005q^{2} + 2.25q - 100

Explanation:

Profit P(q) = R(q) – C(q)

Profit = Revenue – Cost

So,

P(q) = -0.005q^{2} + 2.5q - 100 – 0.25q

P(q) = -0.005q^{2} + 2.25q - 100

In order to find break even, you should plug 50 and 400 into the formula P(q) = -0.005q^{2} + 2.25q - 100

4 0

4 years ago

How have the division and coordination of labor evolved at Merritt’s Bakery from its beginnings to today? 2. Describe how the sp

aniked [119]

Answer:

When Larry and Bobbie first opened the bakery, labour allocation was not as complicated, but only 2 of them were involved. Larry used to make the cupcakes, and Bobbie used to decorate them to create them seem nice. Merritt's then went on to commit and administer the firm instead of executing tasks, which they used to perform on a daily basis since there were administrators, sales associates, and marketers.

When the firm began to grow, there was a command structure in place, with employees reporting directly to Larry as well as Bobbie. Merritts began recruiting additional executives as the business's effectiveness began to deteriorate as the firm grew, and management was constricted. When new employees joined the leadership team only a few people used to notify Larry and Bobbie.

4 0

3 years ago

A(n) _____ is a set of firms that make and deliver a given set of goods and services to the ultimate consumer.

borishaifa [10]

A supply chain is a set of firms that make and deliver a given set of goods and services to the ultimate consumer.

<h3>What is a supply chain?</h3>

A Supply chain is the entire system of production. It starts from sourcing for raw materials to delivering a product or service to an individual also known as a customer.

Therefore, a supply chain is a set of firms that make and deliver a given set of goods and services to the ultimate consumer.

For more information on the supply chain kindly check brainly.com/question/15217906

3 0

3 years ago

Given this information about activity : ES = 10, EF = 15, LS = 16, and LF = 21, we can determine that the amount of slack associ

Vlad [161]

Answer:

Explanation:

The following information are given about an activity

ES= 10

EF= 15

LS= 16

LF= 21

Therefore the amount of slack associated with the activity can be calculated as follows

SL= LS-ES

= 16-10

= 6

Hence, the amount of slack associated with the activity is 6

8 0

4 years ago

5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following co

Pavlova-9 [17]

Answer:

Percentage of completion method

2018 2019 2020

revenue(10mil*%complete) $3888890 $5258030 $853080

cost incurred -$2184000 - $3860000 -$4080000

Gross profit $1704890 $1398030 -$3226920

percent complete 2018 2019 2020

cost incurred/ estimated cost 38.3889% 91.4692% 100%

Revenues for 2019 = contract price * %complete - 2018 revenues

Revenues for 2020 = total contract price - revenues for 2018 and 2019

Explanation:

COMPLETE QUESTION BELOW

5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.)

2018 2019 2020

Cost incurred during the year $ 2,184,000 $ 3,860,000 $ 4,080,000

Estimated costs to complete as of year-end 5,616,000 4,220,000 0

2018 2019 2020

Revenue

Gross profit (loss)

UPDATE: Contract price is $10,000,000

7 0

4 years ago

Ased on the quantity theory of​ money, if velocity is​ constant, inflation is likely to occur​ when:

Ased on the quantity theory of money, if velocity is constant, inflation is likely to occur when: