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Goshia [24]
3 years ago
15

The graph shows the price of a good compared to the quantity demanded and the quantity supplied. On this graph, what does the gr

een arrow represent?

Business
1 answer:
pshichka [43]3 years ago
3 0

Answer:

<u> an effective price ceiling set below equilibrium causing shortage. </u>

<u>Explanation:</u>

Note that in the graph the green line indicates a price ceiling or benchmark that is lower (below) the equilibrium.

Remember, the shortage was due to the fact the companies (suppliers) reduced their supply following the normal law of supply, which results in desperate demand for the only available products.

You might be interested in
A pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clie
gavmur [86]

Answer:

Non-piracy.

Explanation:

If a pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clients for a period of two years. This best exemplifies the non-piracy clause.

A non-piracy clause is a legal framework which provides protection for companies from an ex employee who has left. This clause states that ex employees are prohibited from soliciting business from former customers or clients either directly or indirectly for a period of two years.

<em>For instance, if Joyce works for XYZ pharmaceutical company that uses a non-piracy clause and later dropped a resignation letter or was laid off for a disciplinary action, she's prohibited from taking contracts from XYZ' customers for a period of two (2) years. </em>

8 0
3 years ago
On July 1, Alaskan Adventures issues a $120,000, eight-month, 6.5% note. Interest is payable at maturity. What is the amount of
xz_007 [3.2K]

Answer:

December 31  Interest expense       $3900 Dr

                           Interest Payable            $3900 Cr

Explanation:

The interest and principal is both payable at maturity thus we need to accrue the interest payment and create a liability against the amount of interest due. The adjustment is made 6 months from the issue of the note thus the interest for 6 months is due. The entry would be to record 6 month's interest that relates to this year. The interest expense will be,

120000 * 0.065 * 6/12 = $3900

As the payment is not made until maturity we will credit interest payable by this amount.

8 0
3 years ago
You have a team that has high cultural diversity and high interdependence, increasing the risk of disagreements in the team. Kno
Dominik [7]

Answer:

A. Conflict resolution abilities

Explanation:

Conflict resolution ability is the capacity of a person or group of persons to effectively handle and manage the conflicts of interest or disagreement between two or more persons or two or more groups.

There are several skills used by people who have conflict resolution abilities such as COMMUNICATION, COMPROMISE, COLLABORATION, ACCOMMODATION ETC.

4 0
3 years ago
Read 2 more answers
Julia has noticed that she is receiving more and more stress from work. She is having trouble meeting her deadlines and fears sh
Furkat [3]

Work related stress is a growing problem around the globe these days that only effects the health of the employee and have effects on productivity of the business as well.  

work related stress includes fatigue, sleeplessness, depression, anxiety, problems with interpersonal relationships and discouragement at work.  

A healthy diet and exercise is a must. she should list her assigned tasks in order of priority and schedule the most difficult tasks of each day for times when fresh, such as first thing in the morning. she should not take out stress on loved ones. Instead, she should tell them about her work problems and ask for their support and suggestions. And last but not the least she should seek professional counseling from the psychologist.

4 0
3 years ago
Read 2 more answers
Whole Nature Foods sells a gluten-free product for which the annual demand is 5000 boxes. At the moment it is paying $6.40 for e
prisoha [69]

Answer:

the answer is =32291.67.

The firm should take the advantage of the new quantity as the total cost is lesser as compared with the  old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.

Explanation:

Solution

Given that:

The Annual demand D = 5000 boxes

The Cost C = $6.4 per each box

The Carrying cost H = 25% of the unit cost = 0.25*6.4 = 1.6

The ordering costs S = $25.00

Now,

EOQ =√2DS/H

EOQ =√(2*5000 * 25)/1.6

Thus,

EOQ =Q = 395.28

The Total cost = DC + (Q/2)H + (D/Q)S

= 5000*6.4 + (395.28 /2) 1.6 + (5000/395.28)25

Then,

T = 32000 + 316.23 + 316.23

= 32632.46

So,

The new supplier has offered to sell the same item for the amount of  $6.00 if Q = 3,000 boxes

Hence,

The total cost = 5000 * 6 + (3000/2)1.5 + (5000/3000)25

= 30000 + 2250 + 41.67

= 32291.67

Therefore, The firm should take the  advantage of the new quantity as the total cost is lesser as compared with the  old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.

7 0
3 years ago
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