Answer:
e) perfectly elastic
Explanation:
Elasticity is a measure of the sensitivity of demand to the price of a product. If demand is elastic, bidders should avoid raising prices as demand decreases considerably. Conversely, when demand is inelastic, consumers are less sensitive to price changes. When demand is perfectly elastic, this means that a slight increase in the price of a good will cause all demand to flow to a competing supplier. This is observed in competitive markets where providers provide the same type of good for the market price. If one of them raises the price, he loses all of his market share. This is because consumers are rational and will buy the product that is offered at the lowest possible price.
Answer: more, growth
Explanation:
If all firms expect greater demand for their products or services, they will hire more resources like labor and capital and the economy will experience growth.
For an economy to grow, human capital, labor force, and technology can not be exempted. The quality of the materials used also plays a vital role as well. Once all these are in place, then the economy while start experiencing turn around.
In addition to prototyping, Powder Bed Fusion (PBF) AM processes have lately been more widely used to manufacture end-use parts. These changes lead to necessity of higher requirements to quality of a final product. Optimization of process parameters is one of the ways to achieve desired quality of a part.
In addition to prototyping, Powder Bed Fusion (PBF) AM processes have lately been more widely used to manufacture end-use parts. These changes lead to necessity of higher requirements to quality of a final product.
Optimization of process parameters is one of the ways to achieve desired quality of a part. Finite Element Method (FEM) and machine learning techniques are applied to evaluate and optimize AM process parameters. While FEM requires specific information, Powder Bed Fusion Machine Learning is based on big amounts of data. This paper provides a conceptual framework on combination of mathematical modelling and Machine Learning to avoid these issues.
Learn more about Powder Bed Fusion here
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Answer:
<u>(D) inventory obsolescence</u>
Explanation:
- It is known as the phase where the inventory is at the end or final stage of its product cycle. This inventory can be sold or used for the long run and is then not expected or liable to be given or sold in the future by the company.
- As she doesn't know whether the inventory is missing or does not know if it has been broken or stolen, she can note this down and thus can asset for the criteria following the valid integrity testing.
Answer:
c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows
Explanation:
Proprietry funds are accounts that are part of governmental institutions and non profits organizations and these require a high standard of transparency and accountability, so they are require to provide to the government the next statements: tatement of net assets; a statement of revenues, expenses, and changes in fund net assets; and a statement of cash flows.
This is accordingly to the summary of statements N. 34 from the Governmental Accounting Standards Board.
