Answer: A. output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.
Explanation: from the above question, an economy that is in a steady-state with no population growth or technological change and the capital stock is above the Golden Rule level and the saving rate falls then output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.
'The final step in recognizing the completion of production requires a company to debit Finished-Goods Inventory and credit Work-in-Process Inventory.
Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.
Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production.
The economist classifies the factors of production into his four categories: land, labor, capital and entrepreneurship. The first element of production is land, which includes all natural resources used to produce goods and services.
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This expanding panic and rising flood of withdrawals is called Bank Run.
<u>Explanation: </u>
Bank run means many customers of the bank withdraw their deposits due to the fear that the bank might become insolvent. When many customers withdraw their funds then the bank might not be able to meet the withdrawals with the available funds.
This further increases the risk of the bank to default when all the customers withdraw their deposits. This is because the banks hold only little amount as cash in hand while the rest of the bank's wealth is invested in long term assets.
Answer:
Crowdsourcing technique.
Explanation:
Crowdsourcing involves collection of information from a group of people that have relevant input in a subject, and is usually done over the internet. It allows business save money because the feedback is usually lowcost or free, and saves time.
Threadless by allowing people submit their own designs and vote on what designs they would like to see on T-shirts, are using crowdsourcing to get feedback and ideas from the public.
Answer:
d. six or seven
Explanation:
Given that:
Daily demand for the grip = 3000 units
average waiting time = 0.20 day
processing time = 0.10 day / container
a container holds = 150 grips
percentage of policy used = 10% = 0.10
The objective of this question is to determine the amount of Kanban containers would Jewel require.
the amount of Kanban containers = Demand ( wasting time + processing time)(1+percentage policy)/ amount of container holding
the amount of Kanban containers = 3000( 0.2 + 0.1) ( 1+ 0.10)/ 150
the amount of Kanban containers = 3000 ( 0.30) (1.10)/150
the amount of Kanban containers = 990/150
the amount of Kanban containers = 6.6
SO we can infer that the amount of Kanban containers would Jewel require if a 10% policy variable is used falls within the range of six or seven.
