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katrin2010 [14]
3 years ago
14

A fall in the price level: Multiple Choice reduces the value of money in peoples' pockets, so people buy less goods. reduces the

value of money in peoples' pockets, so people buy more goods. increases the value of money in peoples' pockets, so people buy more goods. increases the value of money in peoples' pockets, so people buy less goods.
Business
1 answer:
sladkih [1.3K]3 years ago
7 0

Answer:

increases the value of money in peoples' pockets, so people buy more goods.

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If price level falls, the value of money rises as a consumer would be able to buy the same basket of goods at a reduced price. This would induce a consumer to buy more goods.

A rise in price levels reduces the value of money in peoples' pockets, so people buy less goods. 

I hope my answer helps you.

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A researcher examining the effects of an experimental surgery on epilepsy randomly assigns epileptic patients to three different
sergey [27]
The answer to this question is the "WAIT-LIST CONTROL". When a  researcher is examining the effects of an experimental surgery on epilepsy randomly assigns epileptic patients to three different conditions. The first condition is that the participants receive the surgery. The second condition is that the patients receive the medication while third condition, the patients receive the surgery one month after the other group of patients. The third group of patients who need to wait for another one month is in the WAIT-LIST CONTROL and can only be accommodated after the other group is done.
6 0
3 years ago
determine and describe ten best practices for managers competing in the global environment, challenged with diversity, global ec
JulsSmile [24]

The correct answer to this open question is the following.

For me, the ten best practices for managers competing in the global environment, challenged with diversity, global economics, and social responsibility would be the following, in no particular order.

1.- Understanding the global world.

The world is no separated by frontiers. Globalization is here to stay. Trade is the best example.

2.- Solid leadership.

Managers have to turn into leaders to be able to teach, coach, and direct the organization.

3.- Cultural Diversity.

Different people's backgrounds will enrich the company and its processes.

4.- Support and engage employees.

The leader has to be backed by loyal and committed employees to confront difficult issues.

5.- Embrace change.

Change is the constant in a global world. Accept it and take the initiative.

6.- Reward and motivate employees.

If players believe in the leader, they are going to believe in the system. As simple as that.

7.- Create an international team.

Bring the foreign experts to your company. They have different approaches and perspectives.

8.- Innovation.

Invest in research and development. Innovation has many advantages.

9.- Accept the benefits of technology.

The digital world has changed the way to do business in the world.

10.- Constantly Travel.

Travel to learn how people live in your different markets. What they like and dislike, how they think, what can capture their attention.

5 0
3 years ago
A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is:
vivado [14]

Answer: 39%

Explanation:

From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.

To calculate its profit margin, we have to divide the net income by the net sales. This will be:

= 7605/19500

= 0.39

= 39%

3 0
3 years ago
Arnold, a single individual, has adjusted gross income of $65,000 in the current year. Arnold donates the following items to his
Olin [163]

Answer:

Option A. $15,400

Explanation:

The net deduction allowed as an charitable contributions are as under:

                                             $

1. ABC Cop. stock

Cost $6000  

FMV <u>$22000</u>                   $16000

2. Personal Clothing Items

Cost $1000

FMV <u>$400  </u>                      <u>  ($600) </u>

Net Deduction                 $15,400

The amount that qualifies as charitable contribution for the year is $15400.

3 0
3 years ago
The following labor standards have been established for a particular product:Standard labor-hours per unit of output 9.0hoursSta
harkovskaia [24]

Answer:

Direct labor rate variance= $69,579 unfavorable

Explanation:

Giving the following information:

Standard labor-hours per unit of output 9.0 hours

Standard labor rate= $15.10 per hour

Actual hours worked= 8,100 hours

Actual total labor cost= $191,880

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 191,880/8,100= $23.69 per hour

Direct labor rate variance= (15.10 - 23.69)*8,100

Direct labor rate variance= $69,579 unfavorable

3 0
3 years ago
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