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3 years ago

The supply curve for a given product indicates that price must be lowered in order to increase the quantity supplied.

Business

1 answer:

Fed [463]3 years ago

6 0

Answer:

b) False

Explanation:

The supply curve is upward sloping which shows the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

I hope my answer helps you

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Let's think about billions by looking at Bill Gates, president of Microsoft. One year, his personal wealth grew by $20 billion.

marta [7]

Answer:

No, he should not pick up the $100 bill

Explanation:

If his salary were those $20 billion (20,000,000,000) by a year. Let's find out how much this is by a second.

First let's find out how much is that salary by a day, then by an hour, then by a minute and finally by a second.

$\frac{20,000,000,000}{year}*(\frac{1 year}{365d})*(\frac{1d}{24h})*(\frac{1}{60min} )*(\frac{1min}{60s} ) \\\\ =\frac{20,000,000,000}{365*24*60*60} \\ \\ =\frac{20,000,000,000}{31,536,000} \\ \\ =634.19$

So he would be losing money if he picks up the $100 bill, because he would be missing 634 dollars per second.

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3 years ago

Masterlink Co., in applying the lower of cost or market method, reports its inventory at net realizable value. Which of the foll

nasty-shy [4]

Answer:A. Cost is greater than net realisable value(NRV)

Explanation:

An inventory should not be higher than the price its sale or use and this requires the comparison of inventory cost to it's ( NRV) and whichever is lower will be used as cost of inventory

NRV= Sales price less cost to completion and less estimated cost necessary to make the sales.

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3 years ago

Burnley and Co., a graphic design firm, has offices in New York, Texas, California, New Mexico, and New Jersey. Each of these of

vekshin1

Answer:

Emma Burnley has a wide span of control

Explanation:

Span of control is defined as the number of subordinates that are directly reporting to a manager . It can be narrow or wide depending on the number of reporting employees.

In a situation where a large numbers and layers of employee report to a particular manager , it is called a wide span of control

Employees get more responsibilities with less supervision and get motivated. However , the manager might just get overworked and have trouble making decision.

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3 years ago

The ________ allows a company to capture the highest economies of scale.

Klio2033 [76]

It is the Continuous Flow Production Process. It is a stream creation strategy used to fabricate, deliver, or process materials without intrusion. Consistent generation is known as a persistent procedure or a nonstop stream process in light of the fact that the materials, either dry mass or liquids that are being prepared are constantly in movement, experiencing synthetic responses or subject to mechanical or warm treatment. Persistent handling is diverged from group generation.

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3 years ago

___________ is a doctrine that applies to strict liability actions that says a plaintiff who is contributorily negligent for his

Anna35 [415]

Answer:

Crash worthiness

Explanation:

Crash worthiness is a term that depicts a vehicle's capacity to ensure its tenants during an impact.

In the event that you continue wounds in a fender bender because of the vehicle's absence of crash value, at that point you may have a case against the vehicle's producer.

It is exceptionally reliant on how the materials, development and plan of the vehicle cooperate.

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3 years ago