Answer:
C. Problem-cause-solution
Explanation:
A problem-cause-solution pattern is an approach of critical thinking that is factual and evaluative. The pattern is used in presentations, writing case studies, and scientific reports. Academicians and business people use this pattern in submitting their proposals.
The pattern first defines the problems. Analysis and diagnosis then follow. The stage involves an evaluation of processes and causes that contribute to the problem. Lastly, the pattern suggests solutions to the discussed challenges.
Answer:
The correct answer is letter "D": the output effect works to increase total revenue and the price effect works to decrease total revenue.
Explanation:
The output effect in a monopoly takes place when the price of input will raise the production costs of a business and reduce its output level and vice-versa. The price effect refers to the impact an activity has on the value of something. The price effect consists of the effect of substitution and the effect of profits. While the output effect has the purpose of increasing revenue, the price effect works towards decreasing it.
Answer:
a. both aggregate demand and long-run aggregate supply must be shifting right, and aggregate demand must be shifting farther
Explanation:
The statement that best explains rising prices and an upward trend in real GDP is that "both aggregate demand and long-run aggregate supply must be shifting right and aggregate demand must be shifting farther."
The long-run aggregate supply shift to the right shows rising prices over the years. This is true because the higher the cost of commodities, the higher the quantity supplied.
Also, the farther shift of the aggregate demand shows there is an upward trend in real GDP. This is also true because upwards in GDP shows an increase in wages and thereby leading to the rise in demands.
The company in here is forced to sale their older inventory
because of the demand of 700 units while the inventory that last entered their
warehouse was only 600 units. Since they are following the LIFO method of
inventory, LIFO liquidation will take place and the normal gross profit will
differ than the actual profit. The sales for Rose Industries would be $21,000
(700 units x $30). The COGS should have been $12,600 (700 units x $18)
following the normal sale of inventory giving the normal gross profit as $8,400
($21,000 - $12,600). But since the demand is higher than the inventory that was
last purchased, the company needs to sell 100 units of product ab that costs
$12. Therefore, the COGS would be $12,000 [(600 units x $18) + (100 units x
$12). Therefore the actual gross profit is $9,000 which is $600 higher than the
normal gross profit.