Answer:
a. Equilibrium price and equilibrium quantity to both decrease.
Explanation:
When the demand of a product decreases, it generates an excess supply at the initial price and this will generate the price to decrease. When the price goes down, suppliers are not willing to sell the same amount of products which will cause a decrease in the quantity.
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Answer:
C) Goods-producing firms focus on the flow of people, information, and services.
Explanation:
Goods-producing firms not necessarily needs to focus on the flow of people, information, and services, what is true is that firms use physical inventory because it's necessary to have available products to sale.
The facilities must be located close to raw material, suppliers, and labores if not the company will see the cost of sale increased by logistic costs.
Also it's important to have employees with strong technical and production skills so the company can get well products at the production line.
Answer:
C. organizational culture
Explanation:
Organizational culture refers to the values, philosophy, and aspirations of an organization that guides the behavior of its members. Culture is expressed through the members' internal interactions and communications with the outside world. Organizational culture is based on beliefs, shared attitudes, customs, written and unwritten rules in the company that has been developed over time.
Organizational culture manifests itself in diverse ways, including communication methods, internally distributed messages, leadership behaviors, and corporate celebrations. In other words, organizational culture is the way of doing things in an organization.
Answer:
$48 million
Explanation:
In this scenario, we compare the values between book value including goodwill and the fair value of machinery, the difference would be the loss on impairment of the asset
In mathematically,
= Book value including goodwill - fair value
= $450 million - $402 million
= $48 million
All other information which is given is not relevant. Hence, ignored it
