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3 years ago

Time management involves putting together a(n) _____ of your activities.

Business

1 answer:

laila [671]3 years ago

4 0

Answer:

list

Explanation:

Time management involves putting together a list of your activities. This allows you to keep track of what must be done in a certain span of time. Because Time management refers to organizing and planning how you are going to divide your time between various activities or tasks. To take your time management a step further you can organize your list of activities by importance and/or create a timeline for the activities and combine activities that can be multi-tasked.

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Assume that consumers in a nation reduce their marginal propensity to save from 0.25 to 0.2 though their personal incomes initia

umka21 [38]

Answer:

Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.

Explanation:

Old marginal propensity to save = 0.25

Old marginal propensity to consume = 1 - 0.25 = 0.75

Old multiplier = 1 / Old marginal propensity to save = 1 / 0.25 = 4

New marginal propensity to save = 0.20

New marginal propensity to consume = 1 - 0.20 = 0.80

New multiplier = 1 / New marginal propensity to save = 1 / 0.20 = 5

Change in multiplier = New multiplier - Old multiplier = 5 - 4 = 1

Therefore, the decrease in marginal propensity to save (MPS) will increase marginal propensity to consume (MPC) form 0.75 to 0.80 and the multiplier from 4 to 5.

Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.

7 0

3 years ago

Use the following data to determine the cost of goods manufactured: Beginning finished goods inventory $ 12,300 Direct labor 32,

Papessa [141]

The Cost of Goods Manufactured is $104,100.By adding the direct material cost with the direct labor cost ,factory overhead,beginning work in progress and deducting the value obtained from the ending work in process value we get the The Cost of Goods Manufactured

Explanation:

The information Given in the question is

Beginning finished goods inventory

$ 12,300

Direct labor

32,100

Beginning work in process inventory

8,700

General and administrative expenses

15,000

Direct materials used

42,000

Ending work in process inventory

10,500

Indirect labor

7,800

Ending finished goods inventory

11,000

Indirect materials

15,000

Depreciation - factory equipment

9,000

So the formula for the

Cost of Goods Manufactured = Direct Materials + Direct Labor + Factory Overhead + Beginning Work in Process - Ending Work in Process

Cost of Goods Manufactured = $42,000 + $32,100 (Indirect Labor + Indirect Materials + Depreciation Factory Equipment) + $8,700 − $10,500

Cost of Goods Manufactured = $42,000 + $32,100 + $7,800 + $15,000 + $9,000 + $8,700 − $10,500 = $104,100.

So,the Cost of Goods Manufactured = $104,100.

8 0

3 years ago

Read 2 more answers

joye owns a shoe store in a neighborhood with other shoe stores. Demand for the products he sells is probably

Serjik [45]

Answer:

Demand for products sold at a store in a neighborhood with other stores is probably elastic

Explanation:

A demand is considered as 'Elastic' if a change in price of the product would strongly affect the quantity of the demand.

Competitors who offer similar products than your organization tend to reduce the amount of demand that come to your store. Existence of competitors give the consumers the options to choose and move around in order to seek the best offers that they can.

As a result, the shoe stores in Joey's neighborhood will have to constantly adjust their price in order to make their products seems appealing compared to the rest of the competitors. This make the demand in Joye's store keep fluctuating depending on the performance of other competitors.

6 0

3 years ago

A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $9 per hour and capit

EleoNora [17]

Answer: Capital should be increased in the production process.

Explanation:

We should note that based on rule of cost minimization, the quantity of capital and labor that's employee by a firm should be one where the MRTS i.e marginal rate of technical substitution between the capital and labor is equal to the wage rental ratio. Therefore,

MRTS = w/r

MPl/MPk = w/r

MPl/w = MPk/r

45/9 < 60/10

5 < 6

Since the ratio isn't equal, it simply means that the firm isn't using optimum mix of inputs. Based on the above, capital should be increased.

4 0

3 years ago

Karen's coffee shop makes a blend that is a mixture of two types of coffee. type a coffee costs karen $5.95 per pound, and type

motikmotik

130 lbs type a used of the coffee

7 0

3 years ago