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Ne4ueva [31]
3 years ago
12

The wages paid to milkshake makers increases. Does the supply curve for milkshakes shift? If so, does it shift to the right or t

o the left?
Business
1 answer:
schepotkina [342]3 years ago
6 0

Answer: The supply curve will shift ot the left if wages paid to milkshake makers increase.

When the wages paid to workers increase, the cost of producing a product also increases.  

If the supplier continues to sell at the price before the wage increase, he will earn less profits than before, so he will not be motivated to produce as many units of the product as he was producing before.

In order to produce as many units as he was producing before the wage increase, he will look achieve the at least the same amount of profit as before. So, he’ll be willing to supply the same quantity of goods only at a higher price per unit. Hence the supply curve will shift to the left.


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If a one-year adjustable-rate mortgage loan (ARM) is originally offered at 7% interest with "caps of 1 and 6," the interest rate
ozzi

Answer:

This will be false

Explanation:

Base on the scenario been described in the question, it is false because the rate can go above 8% at the first adjustment and according to how high the chosen index might rise, it can also go above 11% which is stated that it cannot, so it is false.

3 0
3 years ago
Mr. Smith at Acme Production, Inc. is trying to determine the true economic value (TEV) for a new computerized machine. This mac
vesna_86 [32]

Answer:

$185,400

Explanation:

Price of next best alternative = $150,000

Expected crash system saving:

= (Probability of crash × cost of a system crash) - (Probability of machine will crash × cost of a system crash)

= [(15% × 500,000) - (5% × 500,000)]

= $75,000 - $25,000

= $50,000

Added operating cost true economic value:

= (Number of hours in 365 days × machine cost per hour) - (Number of hours in 365 days × Next best alternative cost per hour)

= [(2,920 × $20/hr) - (2,920 × $15/hr)]

= $58,400 - $43,800

= $14,600

True economic value (TEV) of the machine:

= Price of next best alternative + Expected crash system saving - Added operating cost true economic value

= $150,000 + $50,000 - $14,600

= $185,400

3 0
3 years ago
Which spreadsheet type will determine how well a business has done over the past year?
masha68 [24]
<span>profit-and-loss statement</span>
6 0
3 years ago
You could borrow money from friends and family who would like to invest in your business, or you could offer them ________. equi
kolezko [41]
The answer is equity.
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When the economy is in short-run equilibrium, Group of answer choices there are increases in inventory. people want to buy more
deff fn [24]

Answer:

total expenditures equal total production.

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In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production

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