...... conversely, especially good weather would shift the SUPPLY CURVE TO THE RIGHT. Supply curve shifting to the right means that productivity is increased. An increase in agricultural productivity will leads to increase in supply of agricultural products which in turn will results in decrease in price for the products.
Answer:
22.13%
Explanation:
The effective annual rate formula below can be used to determine the actual rate charged by the bank as follows:
Effective annual rate=(1+APR/n)^n-1
APR=20%
n=number of times interest is computed yearly=365
Effective annual rate=(1+20%/365)^365-1
Effective annual rate=1.221335858
-1
Effective annual rate=22.13%
The actual rate of interest on bank loan is 22.13%
Explanation:
1 : a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data. 2 : a collection of quantitative data.
If the average cost of producing 9 sweaters is $6. 50 and the marginal cost of producing the tenth sweater is $6. 25, the average cost of producing 10 sweaters will be less than $6.50
If marginal cost is less than average cost, average cost will decrease and therefore be less than $6.50. In this case, average cost of producing 10 sweaters is ($6.50 x 9 + $6.25)/10 = $6.48.
The marginal cost is the variation in total cost brought on by an increase in output, or the cost of producing more. In certain contexts, it might refer to an increase in output of one unit, while in others, it can relate to the rate of change of total cost as output grows by a modest amount.
The total cost is expressed in dollars, whereas the marginal cost is expressed in dollars per unit. The marginal cost is the slope of the total cost, or the rate at which it increases with production.
Marginal cost is the distinction between average cost, which is the total cost divided by the number of units produced.
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Answer:
The options for this question are the following:
a. vestibule training
b. management development programs
c. performance appraisals
d. orientation programs
The correct answer is c. performance appraisals
.
Explanation:
Performance appraisal is a structural and systematic procedure to measure, evaluate and influence attributes (eg cooperation in teamwork and loyalty), behaviors (eg level of assistance and treatment given to clients) and work-related results (eg quantity and quality of the fruits of work), in order to discover to what extent the employee is productive and whether he will be able to improve his future performance. The performance evaluation process plays a monitoring role in order to:
- To provide management with information to make decisions regarding the future development of the employee, by identifying and preparing, through training and improvement programs, the most suitable candidates so that they can assume a greater number of responsibilities.
- Establish the relative value of a subject's contribution to the company and evaluate individual achievements.
- Provide general data on the expected performance of employees.
- Structure the dialogue between superior and subordinate, forcing superiors to improve knowledge of the subordinate's job.
- Be the basis to distribute the remuneration, rewards, bonuses and determine the levels \ salary increases.
