Answer:
B. Fewer workers will be needed.
Explanation:
Elastic demand refers to a flexible demand. It is a demand that can increases or decreases due to several factors. If demand is not elastic, it implies it is constant. An increase or decrease in output or price will not affect the quantity demanded.
An increase in productivity means an increase in output per worker. It is the increase in the number of units produced, per hour, per worker. An increase in productivity results in more output in a given period than previously.
If the demand is constant and there is an increase in productivity, only a few workers will be required. The output from the few workers will be high to meet the constant demand.
Answer:
Option "Sell securities but instead start raising the federal objective Rate of funds" is the right response.
Explanation:
- Across the whole of collective memory, the free-market community had already progressed thru all the boom-and-bust phases.
- The Federal Reserve must have been designed to assist start reducing this year's injuries caused mostly during depressions but instead provided several other effective features to impact the money supply. Continue reading to learn how well the Fed is managing this same money supply.
Some other decisions are not comparable to the type of situation in question. So that is the correct choice.
If a supply chain manager can reduce inventory while keeping the flow rate constant, little's law predicts flow time will go down.
Little's Law is a theorem that calculates the average number of items in a stationary queuing system based on an item's average waiting time and the average number of items arriving at the system per unit of time.
The law establishes a straightforward and obvious method for evaluating the efficiency of queuing systems.
The notion is extremely important for business operations since it states that the number of items in the queuing system is determined primarily by two essential variables and is unaffected by other factors such as service distribution or service order.
Hence, the answer is that the flow time will go down.
Learn more about supply chain:
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Answer:
Amount at the end of twentieth year is $12,300
Explanation:
Annuity means a set of fixed amount of payments either made to you or paid by you , at a fixed number of times over a course of defined period.
The case given in the question is of ordinary annuity , where fixed amount of payment are required at the end of each period.
FORMULA FOR FUTURE VALUE ORDINARY ANNUITY =
Where, C(cash flow) = $300,
I(interest rate) = 7%
N(number of period) = 20
FV ( Future value)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= CASH\ FLOW(C)\times \left [ \frac{1+I^{N}-1}{I} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20CASH%5C%20FLOW%28C%29%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B1%2BI%5E%7BN%7D-1%7D%7BI%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{1+7\%^{20}-1}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B1%2B7%5C%25%5E%7B20%7D-1%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{\ 1.07\ ^{20}-1}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B%5C%201.07%5C%20%5E%7B20%7D-1%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{\ 3.87\ -1}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B%5C%203.87%5C%20-1%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
![FUTURE\ VALUE(FV)\ OF\ ORDINARY\ ANNUITY= \$300\times \left [ \frac{\ 2.87}{7\%} \right ])](https://tex.z-dn.net/?f=FUTURE%5C%20VALUE%28FV%29%5C%20OF%5C%20ORDINARY%5C%20ANNUITY%3D%20%5C%24300%5Ctimes%20%5Cleft%20%5B%20%5Cfrac%7B%5C%202.87%7D%7B7%5C%25%7D%20%5Cright%20%5D%29)
= 861/7%
= $12,300