Answer:
Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.
Your pretty much short in supply and cant fulfill the demand
While surplus
When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.
Theirs a a large amount of supply due to the pricing most likely beign high
Explanation:
Explanation:
different distances traveled in equal times; The speed of the object is changing. Periodic Motion. a motion that repeats itself.
Answer:
False. This is because 1 is an odd number and that it is too low in value.
Answer:
productivity of labor increased by 16.24% in May respect to April
Which means the company was experimenting diminished return in their labor facot as reducing their quantity increase the marginal revenue generated
Explanation:
April productivity:
revenue $90,000
labor used: 40 x 6 + 25 x 4 = 340
productivity of labor:
90,000 / 340 = 264,70 each hour of labor generate 264.70 dollar of revenue
May productivity:
revenue 80,000
labor used: 40 x 6 + 2 x 10 = 260
productivity:
80,000 / 260 = 307,6923 = 307.69
each hour of labor gneerated $307.69 dollar of revenue
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<em><u>percentage change</u></em>
307.69/264.70 - 1 = 0,16241
