Answer:
Effect on living standards. ...
Pressure on public services and government borrowing.
increase in aggregate demand (AD).
Answer: Efficiency
Explanation:
The lack of efficiency is one of the main factor in decreasing the productivity of an organization and it slows the effort and response of the work. The following are the main cause of the lack of efficiency are as follows:
- The lack of supervision
- Inconsistency
- Lack of communication
According to the question, the slow response helping the victim of the hurricane Katrina arrive in the fashion timely is due to the lack of efficiency. As, efficiency plays an important role in an organization for increase the competitiveness and effectiveness.
Therefore, Efficiency is the correct answer.
The statement that describes the shift from D1 to D2 is increase in the number of buyers for the product. (option 4)
<h3>What does the shift from D1 to D2 signify?</h3>
The graph represented in the image is that of a demand curve. The demand curve shows the relationship between price and quantity demanded.
The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
When the demand curve shifts to the right, it indicates an increase in demand. When the demand curve shifts to the left, it indicates a decrease in demand. An increase in the number of buyers for the product would lead to an increase in demand which would translate to a rightward shift of the demand curve.
To learn more about the demand curve, please check: brainly.com/question/25140811
#SPJ1
Answer:
$0.07
Explanation:
Given that
Initial price = 4800
Current price = 5500
Initial quantity = 5000
Current quantity = 15000
Recall that
Marginal cost = (change in price) ÷ (change in quantity)
Thus
MC = (5500 - 4800) ÷ (15000 - 5000)
= 700 ÷ 10000
= $0.07
Note that, marginal cost refers to the extra cost added in producing 1 additional unit of product or output
