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Natalka [10]
3 years ago
5

If actual output exceeds potential output for a prolonged period of time, we would eventually expect factor prices to:

Business
1 answer:
Andru [333]3 years ago
7 0

Answer:

The correct answer is option A.

Explanation:

The potential output represents the full employment level of output. If the actual output is greater than the potential output level for a long time, it implies that the economy is experiencing inflation.  

In the case of inflation, the general price level rises, so the factor prices will rise as well. This increase in factor prices will further increase the cost of production.  

This increase in the cost of production will consequently cause the supply to decrease shifting the SAS or short-run aggregate supply curve to the left.

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If customers can see data about themselves on the business' computer system, it will enable them to ____________
Bond [772]

If customers can see data about themselves on the business' computer system, it will enable them to make better and more informed decisions.

<h3>How do information systems help businesses?</h3>

Business Information System, eases the process of decision making and simplifies the process of delivering the required information and hence assists in taking better decisions instantly. Business Information System (BIS) can be effectively implemented to help communication better between the employers and the employees.

To know more about business Information systems, refer to:

brainly.com/question/3622510

#SPJ4

7 0
2 years ago
Who among the following is a manager with good time-management skills?
ioda

Answer:

c. Jonathan, who segregates tasks and classifies them based on priority needs

Explanation:

Time management entails planning and controlling how much time one spends to undertake assigned tasks. Good time management skills increase one's efficiency and productivity.

Phone calls should be scheduled during less productive hours. One should delegate tasks where possible to enable timely completion. It is important to undertake one task at a time in order to be efficient. Tasks should be undertaken based on priority.

Therefore, options a,b and d are incorrect and option c is correct.

7 0
3 years ago
Bill enters into a contract with Tom to supply 100 umbrellas at $10.00 each. The umbrellas were to be delivered on August 20th.
mars1129 [50]

Answer:

Honestly, Bill Can not sue Tom

Explanation:

Firstly I don't know the contractual agreement between Tom and Bill, but based on the fact that Tom informed Bill of the latest happenings as regards the umbrella,

Hence Bill is well Informed.

Now Bill tested his umbrella and they were OK, it doesn't rule out the fact and the possibility of 14 out 100 to be bad, this can be in a form of factory error.

3 0
3 years ago
A(n) ________ is a tool management uses to assess the potential of a firm's business portfolio. It helps management decide how t
frozen [14]

Answer:

3. portfolio analysis

Explanation:

Some example is portfolio analysis are:

Unilever has a portfolio of supplying tea and ice cream.

Gillette provides shaving products and batteries.

Protfolio analysis is the process by which the portfolio or products of a business are reviewed. It is done to analyse risk and returns. When portfolio analysis is done frequently it helps the business make changes in portfolio allocation based on changing market needs.

4 0
3 years ago
What is the basic equation of an income statement? Select one: a. Assets = Revenues – Expenses b. Net income or loss = Revenues
Mashutka [201]

Answer:

c. Assets = Liabilities + Equity

Explanation:

Assets = Liabilities + shareholders equity is also known as the balance sheet equation.

It is the basis for the double-entry bookkeeping system

7 0
3 years ago
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