demand decreases, and supply increases. This is easy, the price will drop for sure, but if supply curve shifts right a lot more than the demand curve shifts left, then the new equilibrium point will mean more quantity is supplied at a much lower price. demand increases, and supply decreases.
Your economics training provides you with a terrific set of job skills, and in fact the economics major provides you with virtually all of the top ten most important job skills.
Economics are not restricted to one specific job category. Thus you have a wide variety of employment choices available to you. Because you have both quantitative as well as qualitative skills, however, it is natural to exploit your comparative advantage and find a position that utilizes both sides of your training.
The job market recognizes the special job skills that a major in economics provides. 80% of graduates in economics receive starting salaries in the range of $24,800-42,000 (
Answer:
B) Using business intelligence to spot significant data that will increase sales
Explanation:
Business intelligence refers to technologies that analyzes big data and obtains useful information from it. That information is then used by the company to help in their decision making processes. optimize their business processes, discover any problems, improve efficiency, increase revenues and ultimately develop comparative advantages and core competencies over their competitors.
Answer:
b. payoff
Explanation:
In the context of business, this measurement is known as a payoff. In other words, it refers to whatever is obtained as a final result from a specific outcome generated after making specific decisions. Every business decisions revolve around what the potential payoffs will be in order to decide whether or not they will be worth making and if the benefits outweigh the negative aspects.
Answer:
the annual required rate of return is 9.57%
Explanation:
The computation of the required rate of return is shown below:
Given that
Future value = $1,000
Present value = $990
PMT = $1,000 × 9% = $90
NPER = 2
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
After applying the above formula, the annual required rate of return is 9.57%
