The correct option is A). the demand curve would shift to the right.
<h3>What happens when the demand for skilled labor increases?</h3>
When the demand for skilled labor get increases, the demand curve would shift to the right.
As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.
If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.
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Answer:
Option (A) is correct.
Explanation:
Qx = 1000 - 10Px + 0.1I + 10Py
Suppose income of the consumer and the price of good x remains constant at
I = $100
Px = $10
Initial price of good y, Py = 10
So,
Qx = 1000 - 10(10) + 0.1(100) + 10(10)
= 1000 - 100 + 10 + 100
= 1,010 units
If price of good y increases to $20, then,
Qx = 1000 - 10(10) + 0.1(100) + 10(20)
= 1000 - 100 + 10 + 200
= 1,110 units
This will results in an increase in the quantity demanded for good x which shows that there is a positive relationship between the price of good y and quantity demanded for good x.
This indicates that good x and good y are substitute goods.
Answer:
The answer is: C) differentiates the budgeted costs for each sales level.
Explanation:
A flexible budget is a budget that is adjusted according to different sales levels. It is adjusted to include different costs that vary according to different level of activities. The budget will flex (or adjust) because it includes a variable rate per unit of activity, and not just one fixed total amount.
For example, when you calculate the total costs of producing a chair, you can elaborate a flexible budget considering variable costs in materials, direct labor and machine hours for every chair produced.
Answer: first off make it much clearer if you have all this money there is no tab with 345 in the register the owed amount is 1020 then the total number of 300 cash drops was two then that six hundred less so 420 then with the 640 there would be no tab but an over cash flow.
This question needs to be fixed
Explanation:
Answer:
Stock's beta = 0.65 (Approx)
Explanation:
Given:
Correlation = 0.49
Standard deviation of stock (SDs) = 33% = 0.33
Standard deviation of market (SDm) = 25% = 0.25
Find:
Stock's beta
Computation:
Stock's beta = Correlation(SDs) / SDm
Stock's beta = 0.49 (0.33) / 0.25
Stock's beta = 0.65 (Approx)
