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4 years ago

When supply shifts left and demand shifts right, :

Business

1 answer:

Nesterboy [21]4 years ago

4 0

Answer: The equilibrium price always rises

Explanation:

When the supply shift towards left, the supply curve increases the price of equilibrium and there is decreases in the quantity of the equilibrium. When the demand curve shifts towards right then, the demand curve increasing the price of equilibrium as well as increased the quantity of the equilibrium. This concludes that, the equilibrium price always rises.

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Fayol's Principles of Management provide an accurate description of what managers actually do on the job.

ch4aika [34]

Answer:

b) false

Explanation:

This statement is false, because Fayol's management principles were an administrative methodology that provided for observing the facts of an organization and the experiment, being therefore principles that are unable to provide an accurate description of what managers do in the job.

Its management principles consist of: Division of Labor, authority, discipline, management unit, control unit, Subordination of individual interests to the common good, remuneration, centrality, hierarchy, order, equity, stability, initiative and team spirit.

He believed that this set of principles would lead to more effective management where the company would achieve greater efficiency through structural organization and the control and monitoring of functions.

6 0

3 years ago

When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sol

Ghella [55]

Answer:

Inelastic

Explanation:

When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be inelastic

1. Change in price = 2.75-1.5 / (1.5+2.75)/2 = 1.25/2.125 = 0.59

2. Change in quantity demanded = 375-250 / (375+250)/2 = 125/ 312.5 = 0.4

3. Price Elasticity = 0.4/0.59 = 0.68

4. When the value of elasticity is less than 1, it suggests that the demand is insensitive to price and is inelastic

7 0

3 years ago

For questions 1-10, fill in the blank with the letter of the term that best matches the

AveGali [126]

Answer:

Explanation:

Free brainliest to the first who answers and 100 points!!!!! also a thanks and a five star

7 0

3 years ago

Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald. She was delighted

kozerog [31]

Answer:

Answer is explained in the explanation below.

Explanation:

Solution:

According to the data given: This can be solved as following. (Note: we are not given income tax tables to calculate the accurate net pay. So, according to given information here. Following is the accurate one. )

Let's assume, a 6.2% tax rate for SS ( Social Security) and 1.45% tax rate on Medicare:

So,

Social Security = 6.2%

Medicare = 1.45%

Pay Per hour = $14.30

So, let's calculate Rhonda's Gross pay:

Gross Pay = Pay per hour x total number of hours

Gross pay = $14.30 x 80 hours

Gross Pay = $1,144

Now, calculate the Rhonda's Reduction for Social Security:

Rhonda's Reduction for Social Security = $1,144 x 6.2%

Rhonda's Reduction for Social Security = $70.928

Similarly, Rhonda' Reduction for Medicare:

Rhonda' Reduction for Medicare = $1,144 x 1.45%

Rhonda' Reduction for Medicare = $16.588

So Finally,

Rhonda's Take-home Pay for her first check will be = Gross pay - Rhonda's Reduction for Social Security - Rhonda' Reduction for Medicare

Rhonda's Take-home Pay for her first check will be = $1,144 - $70.928 - $16.588

Rhonda's Take-home Pay for her first check will be = $1,056.484

7 0

3 years ago

Invertebrates have a (an) ____ which provides a support framework.

andrew11 [14]

Invertebrates is the largest group in the animal kingdom. 97 percent of all animals are invertebrates. Their main characteristic is that they do not have backbones.
Invertebrates have an exoskeleton which provides a support framework.Exoskeleton is an external anatomical feature that supports and protects the animal's body.

8 0

3 years ago