Which point on the graph indicate the lowest quantity supplied of goods

Which of the following is true about having a good credit score?

kipiarov [429]

Answer:

option A

Explanation:

5 0

2 years ago

Giving brainliest to the best answer :)<br><br>

sveta [45]

Answer:

B. a brand new automobile dealership opens in town.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.

Thus, there exist a negative relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

An aggregate demand curve gives a negative relationship between the aggregate price level for goods or services and the quantity of aggregate output demanded in an economy at a specific period of time.

Most economists use the aggregate demand and aggregate supply model primarily to analyze short-run fluctuations in the economy.

This simply means that, whatever makes the factors of production such as, land, labor, entrepreneurship, capital, or efficiency to either go up or down would certainly result in fluctuations in the economy of a particular country. Similarly, a positive increase of the aggregate demand or supply curve results in a rightward shift while a decrease would cause a leftward shift.

In this scenario, the factors which would shift the demand curve for automobile are;

I. A fall in the price of gasoline.

II. An increase in the amount of money being paid to its workers.

However, the demand curve for automobile wouldn't shift to the right because a brand new automobile dealership opens in town. This is more likely to shift the aggregate supply curve to the right.

4 0

3 years ago

Illinois Furniture, Inc., produces all types of office furniture. The "Executive Secretary" is a chair that has been designed

viktelen [127]

Answer:

hello your question is incomplete attached below is the missing table to your question

Illinois Furniture, Inc., produces all types of office furniture. The "Executive Secretary" is a chair that has been designed using ergonomics to provide comfort during long work hours. The chair sells for $130. There are 480 minutes available during the day, and the average daily demand has been 50 chairs. There are eight tasks

answer : a) 9.6 minutes

b) 5 work stations

c) choose initial task and task with maximum task time

d) 21 minutes

Explanation:

A) cycle time for the production of a chair

cycle time = (production time available per day ) / ( unit demand per day )

= 480 minutes / 50 chairs

= 9.6 minutes ≈ 10 minutes

B) theoretical minimum number of workstations

= Total task / cycle time

where total task = (4 + 7 + 6 + 5 + 6 + 7 + 8 + 6 ) = 49 minutes

cycle time = 9.6 minutes

hence theoretical minimum number of workstations = 49 / 9.6 = 5.1

≈ 5 workstations

C ) Assignment of tasks to workstations

attached below

you will choose the initial/first task and also the task with maximum tax time

D) For the process the total idle time per cycle

total idle time = summation of all idle times for the 8 tasks = 21 minutes

Task A, C = 0 minutes

Task B = 3 minutes

Task E = 4 MINUTES

Task F = 3

Task G = 2

Task H = 4

Task D = 5

6 0

3 years ago

"The Carla Vista Boat Company's bank statement for the month of November showed a balance per bank of $8,500. The company's Cash

DaniilM [7]

Answer:

Explanation:

The Carla Boat Company

Bank Reconciliation Statement

as at 30th November

Balance as per bank balance $8,500

Add: Uncredited payment $6,480

Add: Bank Charges $50

Add: Returned Chq $700

Less: Outstanding Chqs ($6,260)

Less: Note received ($3,880)

Less: transposition error on payment ($54)

Balance as per cash book $5,536

Journal entries for transactions:

1. Debit : Bank Charges Expenses $50

Credit: Bank Account $50

Being bank charges expenses for the month of Nov

2. Debit: Cash in bank $54

Credit: Account Payable $54

Being transposition error on Check No 138

3. Debit: Account payable $700

Credit: Bank Account $700

Being NSF check returned

4. Debit: Bank Account $3,880

Credit: Notes Receivable $3,748

Credit: Interest on investment $132

Being note receivable and accrued int

4 0

3 years ago

What is the critical issues confronting WCC North America and what changes, if any, should be initiated to address the critical

irakobra [83]

Answer and Explanation:

What is the critical issues confronting WCC North America?

WCC North America faces a supply chain management issue whereby there are lapses in integrating divisions within the organization resulting in complications with determining order status of customers.

What changes, if any, should be initiated to address the critical issues?

The text "Supply Chain Logistics Management, by Donald J. Bowersox, David J. Closs, M. Bixby Cooper, John C. Bowersox, 2013" mentions the need to address the critical issue of WCC North America by setting up a system that populates data of customer order status,recognizing them as high volume key accounts, in order to keep order response efficient and effective.

7 0

2 years ago