Answer:
A 2.9% pay increase in 2014 for U.S. workers will cause the AS (aggregate supply) curve to shift inward in the short-run, signaling a decline in the quantity supplied.
Explanation:
The supply quantity declines because a pay increase increases suppliers' cost of production and reduces their ability to produce more goods and services. On the contrary, a fall in workers' pay causes the aggregate supply curve to shift outward, thereby increasing the quantity supplied. In the long-run, the pay increase will increase aggregate demand, thereby pushing prices to increase, while, at the same, suppliers try to increase the quantity supplied to meet with increased prices and demand.
Answer:
1.125
Explanation:
The computation of the value of the bullwhip measure is shown below
As we know that
The Variance of demand = Square of the standard deviation of demand
i.e.
= square of 20
= 400
And, the Variance of orders = 450
Now the
Bullwhip measure is
= The variance of orders ÷ the variance of demand
= 450 ÷ 400
= 1.125
Answer:
the resource-based model.
Explanation:
Resource-based theory can be understood as one that guarantees a strategic and competitive advantage to an organization through its resources that cannot be imitated and replaced. In the case of Alibaba, its valuable resources that guarantee long-term competitive advantages for the company are the company's ability to offer a wide range of products with significant discounts in relation to competitors, facilities for shipping goods worldwide, etc.
Answer and Explanation:
The Journal entries are shown below:-
1. Salary Expense $1,500
To Salary Payable $1,500
(Being salary expense is recorded)
Here we debited the salary expenses as it increased the expenses and we credited the salary payable as it also increased the liabilities
2. Salary Expense Dr, $2,100
Salary Payable Dr, $1,500
To Cash $3,600
(Being cash paid is recorded)
Here we debited the salary expenses and salary payable as it increased the expenses and decreased the liabilities and we credited cash as it reduced the assets
Answer:
It will be difficult for Mary to compare the crime rates in a U.S. city with her hometown of London, England:
b. There are differences in the way crime is measured.
Explanation:
- The option a is not correct as it is not true that England doesn't have any crime statistics that are available to civilians.
- The option b is correct as the ways of measuring crimes are different for different regions or places.
- The option c is not correct as there is no dictatorship in England.
- The option d is not correct as it is not true that only solved cases are included in England's crime rates.
