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vampirchik [111]
3 years ago
5

Your textbook discussed a model of a simple economy with four markets: labor, capital, energy, and food. Which of the following

statements is inconsistent with a general equilibrium for this simple economy?
A. The household demand for energy equals the industry supply of energy.
B. The household demand for food equals the industry supply of food.
C. The household demand for labor equals the industry supply of labor.
D. The household supply of capital equals the industry demand for capital.
Business
1 answer:
Mkey [24]3 years ago
5 0

Answer:

The correct answer is the option C: The household demand for labor equals the industry supply of labor

Explanation:

To begin with, when it comes to the microeconomics theory the market of labor is considered to be as a factor of production market and from that point of view the labor is demanded by the companies to the households who are the ones who offered the labor due to the fact that the workers are the one who put their force to disposition of the companies. And that is why that it would be inconsistent to say that the household demand for labor will equals the industry supply of labor, because it is all the way around, the household supply of labor will equals the industry demand of it.

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According to the path-goal theory, directive leadership will lead to higher employee satisfaction when there is ________ within
lakkis [162]

Answer:

The correct answer here would be Cohesiveness.

Explanation:

Path goal theory is a type of motivational theory, which tells about how leaders can motivate their subordinates in accomplishing the designated goals.  Here directive leadership will help in increasing employees satisfaction when there is cohesiveness with in a work group. Cohesion in the group means that people in the group are working in unity and works towards achieving the goals and also satisfying emotional needs of group members.

8 0
3 years ago
Henry Ford is known for the introduction of the assembly line and the Model T. As his manufacturing effort expanded, however, he
Alecsey [184]

Answer:

Fordism, a specific stage of economic development in the 20th century. Fordism is a term widely used to describe (1) the system of mass production that was pioneered in the early 20th century by the Ford Motor Company or (2) the typical postwar mode of economic growth and its associated political and social order in advanced capitalism.

Explanation:

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4 0
3 years ago
On July 1 of the current calendar year, Olive Company paid $8,200 cash for management services to be performed over a two-year p
Andrew [12]

Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.

<h3>What would be the adjusting entry?</h3>

Based on the accrual method, only costs for the year can be recorded as expenses.

If any costs are for other periods, those costs would be credited to prepaid expenses.

The expense for this year for management services would be:

= Number of months from July to December x Amount paid / number of months in contract

= 6 months x 8,200 / 24 months

= $2,050

In conclusion, expenses will be debited $2,050.

Find out more on prepaid expenses at brainly.com/question/9270086.

4 0
2 years ago
Consider the following: Alex is one of the leading widget producers in the country. His total costs amount to $10,000, total fix
Lilit [14]

Answer:

The correct answer is 20 units.

Explanation:

According to the scenario, the given data are as follows:

Total cost = $10,000

Total fixed cost = $2,000

Average variable cost = $400

So, Total variable cost = Total cost - Total fixed cost

= $10,000 - $2,000 = $8,000

So, we can calculate the total number of widgets producing by using following formula:

Units producing = Total variable cost  ÷ average variable cost

= $8,000 ÷ $400

= 20 units

6 0
3 years ago
The emphasis of a marketing strategy for a discontinuous innovation would most likely be to: Multiple Choice a) advertise benefi
LiRa [457]

Answer:

c) generate awareness among consumers.

Explanation:

  • For a marketing channel to emphasize the discontinuation innovation of the strategy would be to focus on proving knowledge pt the customers about the new launch product and the explain its features as the example of HP inkjet printer that was dos[released earlier  
  • the newer printhead technologies were developed that was a better way to put ink on the paper.
  • As the new product that is unable to meet the requirement of the people can be recalled and hence a need pf awareness has to be done through proper marketing and promotion channels.
7 0
3 years ago
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