The items that describes what happens at the equilibrium price are:
Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price.
Producers used their resources efficiently.
Equilibrium pricing is when the items demanded match the items supplied. When this happens, the demand and good available equal each other, hence, equilibrium. The pricing is exactly where it should be for consumers to want and purchase the good or service.
IF they spend more than they can afford
If they cannot pay back their loans at all
If they cannot pay back their loans on time
hope this helps
Answer:
a) Process A is the bottleneck of the process
b) Hourly capacity = 60 / bottlenecktime = 60/25 = 2.4 units / hour
Explanation:
Part 1 is processed at A for 15 minutes and then at B for 10 minutes.
Thus part 1 take 15 + 10 i.e. 25 minutes two complete both processes
Part 2 is processed at C for 20 minutes.
Output from B and C i.e. part 1 and 2 respectively are fed to process D where the time taken to assemble is 15 minutes
Thus looking at the given data,
Part 1 takes longer time i.e. 25 minutes to reach process C compared to part 2 i.e. 20 minutes
So bottleneck occurs at process A and B because it takes maximum time i.e. 25 minutes
a) Process A is the bottleneck of the process
b) Hourly capacity = 60 / bottlenecktime = 60/25 = 2.4 units / hour
Answer:
increase their savings
Explanation:
Saving is the action of putting aside a portion of income in a safe place instead of spending. It is a technique that firms and individuals use to achieve their financial objectives. Consistent saving for a duration of time helps accumulates a substantial amount of money that can be used to actualize financial objectives.
While savings is not the financial objective, it is a means to achieve the actual goal. For Example, if one goal is to own a home or a car, they start saving for the down-payment. Saving helps achieve their long term goals.
Answer:
<u> Assets = Liabilities + Equity </u>
1) 15,000 0 15,000
2) 9,000 9,000 0
3) 1,200 1,200 0
4) 2,400 2,400 0
5) (12,000) 0 0
12,000 0 0
6) 3,000 0 3,000
7) (4,000) (4,000) 0
8) (2,400) (2,400) 0
9) 0 (1,200) 1,200
10) (1,000) 0 (1,000)
TOTALS 23,200 5,000 18,200
