Answer:
1. Supply will decrease
Explanation:
Due to the basic economic principle that when supply superceeds the demand for goods and services, the prices of such goods and services fall. As a result of this, and an expected increase in future prices, the supply of coffee beans by coffee merchants to the markets will decrease.
This is because the merchants want to receive higher profits and to do so, they will withhold supply to sell in the next six months when the price is higher.
Answer:
The improper usage or treatment of a thing, often to unfairly or improperly gain benefit. Abuse can come in many forms, such as physical or verbal maltreatment, injury, assault, violation, unjust practices, crimes, or other types of aggression.
Explanation:
Answer:
False
Explanation:
The market demand curve in perfect competition slopes downward.
Price is determined by the intersection of market demand and supply; under perfect competition, the individual firms don't have any influence on the market price.
Individual firms become price takers when the market price is determined by market supply and demand forces. Individual firms are forced to charge the equilibrium price of the market or the consumers would purchase the product from the many other firms in the market who are charging a lower price. The demand curve for an individual firm is, therefore, the same as the equilibrium price in the market
All individual firms are price takers in a perfectly competitive market. The price is determined by the intersection of market supply and demand curves.
The demand curve for an individual firm is not the same as the market demand curve. The market demand curve slopes downward, whereas the firm's demand curve is a horizontal line.
The firm's horizontal demand curve indicates a price elasticity of demand that is perfectly elastic
The horizontal demand curve of an individual firm indicates that the elasticity of demand for the good is perfectly elastic. This means that if any individual firm charged a price somewhat above market price, it would not sell any products.
Offering a firm's product at a lower price than the competitors is a strategy usually used to enhance market share. In a perfectly competitive market, firms cannot reduce their product price without experiencing a negative profit. Thus, assuming that each firm is a profit-maximizer, it will sell its output at the market price.
Answer:
The answer is given below;
Explanation:
a.Compensation Cost =Total option * fair value of option at grant date
=5,000*6=$30,000
Service period= 1 year
Vesting period= 3 years
Cumulative expense at end of year 2017=Total compensation cost*Service period/Vesting period=$30,000*1/3=$10,000
Expense for the year =$10,000
Stock Option Compensation Expense Dr.$10,000
Additional paid in capital-stock options Cr.$10,000
b.
Bank (700*$40) Dr.$28,000
Common Stocks 700*$1 Cr.700
Paid in capital in excess of par (28,000-700) Cr.$27,300
Answer:
I have faced different exchanges with employees of different generational cohorts; in my retail shopping experiences.
Explanation:
1. The older generation (45 and above)
Positive experience:
They are very calm, patient, and motherly/fatherly. They are meticulous and work with a good mind.
Negative experience:
They can be slow or weak at times. They are seldom not so knowledgeable about the stall operations and have to refer customers to younger members of staff when they (customers) have extra needs.
2. The middle-aged generation (32-44)
Positive experience:
They are the most knowledgeable about stall operations; especially due to prior experience as employees in the retail shopping industry. They are the most enthusiastic about keeping their jobs.
Negative experience:
They can be bossy or rude to other employees at times; since they have the most experience or knowledge and occupy the major positions. They are strictly professional and may not give much empathy to customers.
3. The youths and freshers (19-31)
Positive experience:
They are the most agile and willing to go on errands (both for other employees and for customers). They have the most technical expertise. They are energetic and smart.
Negative experience:
They often exhibit a nonchalant attitude. They may be late to work - for those who don't really fix their minds on the job. They easily change jobs.
