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abruzzese [7]
3 years ago
6

When a factory closes, why is it bad news for the local restaurants? a. Unemployed factory workers have lower incomes and are le

ss likely to dine out. b. Unemployed factory workers are eligible for government unemployment benefits. c. Sales taxes are likely to increase. d. The opportunity cost of dining out has fallen.
Business
1 answer:
rusak2 [61]3 years ago
7 0

Answer:

The correct answer is option a.

Explanation:

When a factory closes, its workers become unemployed. Their income declines or disappears. A decrease in income further causes decrease in demand and consumption.

The factory workers will no longer be able to afford restaurant meals, or their demand for meals will decline.

A decline in the demand for meals will adversely affect the revenue and profits of local restaurants.

So, closing up of a factory is a bad news for local restaurants.

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Wren and Zola are on a team that has been assigned to cut production costs in an electronic component production facility. For s
aksik [14]

Answer:

B) Norming

Explanation:

Analyzing the scenario above, it is possible to state that Wren and Zola are in the team development norming stage.

At this stage, there is an increase in the identification of the role of each member and their goal in a team. There is a decrease in previous conflicts and an increase in group identity, which helps to develop tasks more effectively and jointly, where each member has a well-defined responsibility and the leader has the essential role of regulating the group and assisting in the development the responsibilities of each one, which will lead to effectiveness in achieving the team's objectives.

7 0
2 years ago
Revenues and expenses arising from activities that are not part of the company's operations are classified as ______ revenues an
lbvjy [14]

Answer:

Nonoperating

Explanation:

The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.

6 0
2 years ago
Thyme, Inc. owns 16,000 of Sage Co.'s 20,000 outstanding common shares. The carrying value of Sage's equity is $500,000. Sage su
DedPeter [7]

Answer:

The total non controlling interest after the additional shares are issued is equal to $252,000.

Explanation:

Before the issue Sage co's had 20,000 shares with total equity value of $500,000. After the issue of 5000 shares worth $200,000, the total number of shares and equity would be -

Total number of shares = 25,000 ( 20,0000 + 5000 )

Total equity value          = $700,000

Now Thyme inc owns 16,000 number of shares , which means that minority holds 9000 number of shares . Now the price per share would be =

       TOTAL EQUITY / NUMBER OF SHARES

         $700,000 / 25,000

=        $28

NON CONTROLLING INTEREST = Minority shares x Price per shares

                                                      = 9000 x $28

                                                      = $252,000

8 0
3 years ago
Inputs and outputs Edison's Performance Pizza is a small restaurant in Philadelphia that sells gluten-free pizzas. Edison's very
vodka [1.7K]

Answer:

Edison cannot change the number of ovens he uses because it is fixed resources.

Explanation:

However, Edison's decision regarding how many workers to use can vary from week to week.

Each Monday, Edison lets them know how many workers he needs for each day of the week.

In the short run, these workers are variable resources, and the ovens are fixed resources.

4 0
3 years ago
1.Economics is the study of ____________________ and _________________________.2.What is opportunity cost
jolli1 [7]

Answer: See explanation

Explanation:

Economics is the study of human behavior and also how resources are allocated in the society. Economics studies the reason for the behavior in the individuals, firms or government when certain situations happen in the economy.

Opportunity cost is refered to as n alternative cost that's, the cos if what we forgo when we make an alternative decision. For example, if I purchase a book for $20, the opportunity cost is something else that I could have used the $20 for.

4 0
2 years ago
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