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2 years ago

All of the following statements concerning shortage are true, EXCEPT: Group of answer choices

Business

1 answer:

mariarad [96]2 years ago

6 0

Answer:

The correct answer is letter "C": shortage costs increase as total carrying costs increase.

Explanation:

A shortage takes place when the quantity demanded is higher than the supply at the current price. Typically, shortages occur because of an increase in demand, a decrease in supply or due to government policies. Shortage costs are those costs a firm is responsible for because the is no enough stock in its inventory. When shortage costs increase, the carrying costs do not necessarily increase.

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If the economy is in a recession, according to Keynesian economists, which fiscal policy is likely help this economic issue?

VashaNatasha [74]

Answer:

expansionary fiscal policy.

Explanation:

expansionary fiscal policy is most appropriate when an economy is in recession and producing below its potential GDP.

5 0

2 years ago

Which workplace trait means fulfilling your commitments in time or in advance?

Drupady [299]

I believe the answer is Time management

6 0

2 years ago

Jethro has a(n) ____________________ in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddlin

Alika [10]

Jethro has an absolute advantage in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddling a canoe, setting up tents, making a meal, and washing up.

Absolute advantage refers to an individual's capacity to efficiently carry out a task when compared to other individuals or groups.

In economics, this broadly refers to the ability and capacity to produce and conduct an economic good or a particular service in a more efficient manner than the competitors.
In this case Jethro has an absolute advantage in all aspects of camping.
Within the constraints of the economic activity, production is more efficient and higher.
Fewer resources are required to produce a particular commodity and/or service that needs higher resources for the competitors.
With fewer inputs, the outputs stand maximized in the context of absolute advantage.

Therefore, Jethro has an absolute advantage in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddling a canoe, setting up tents, making a meal, and washing up.

Learn more about absolute advantage here:

brainly.com/question/14044496

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5 0

1 year ago

Which of the following statements best describes the attitudes of an old-style manager?Most people wish to avoid responsibility,

Shkiper50 [21]

Answer:

The correct answer is: Most people wish to avoid responsibility, have little ambition, and want security.

Explanation:

This type of management thinking responds to the early theories of management, more especially to the classical theories of organization. These theories were devoted to the superior's authority, objectives, rules and, economic activities. They organized men and materials for achieving objectives for their benefits, characterized by a large and complex atmosphere with impersonal detachment from human resources.

The motivation of workers were purely by bonus and monetary benefits. The general idea was that workers were inspired to perform the job if they are paid according to their contributions. Workers are considered economic beings. Man was considered a rational and not an emotional being. It assumes that man wants only money, and this assumption provides the maximum opportunity to exploit employees. The idea that people avoid responsibility is due to the hierarchy and chain of command, the responsibility of the work rests on the superior.

8 0

2 years ago

When developing career goals, it is important to have the mindset that dramatic changes can and often do occur in the job market

Katarina [22]

Answer:

A. home health aides; computer programmers

Explanation:

When developing career goals, it is important to have the mindset that dramatic changes can and often do occur in the job market. In considering the data in your text, it can be seen that the profession of _____ experienced a dramatic increase over the past decade, while careers as ______ have experienced a substantial decrease during the same time frame.

A. home health aides; computer programmers

B. flight attendants; machinists

C. telemarketers; public relations specialists

D. financial managers; child care workers

3 0

2 years ago