Answer:
A decrease in demand leads to a decrease in supply.
A decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.
Explanation:
Supply refers to the volume of a product that sellers are willing to sell in the market at a given price. As per the law of supply, a higher price motivates sellers to avail more products in the markets. Sellers or suppliers are businesses and are motivated by higher profits. When prices are high, the profit margin will be high, which is an incentive for increased supply. Lower prices have lower margins, which is a risk to a business. Low prices result in reduced prices.
Supply is influenced by demand. If supply does not match demand, there will be either a shortage or excess supply in the market. When demand is low, sellers will reduce supply to avoid losses associated with excess supply .
Answer:
Net income will be $160000
So option (c) will be the correct answer
Explanation:
We have given debt common stock = $680000
Credit liabilities = 350000
Credit paid in capital = 190000
And excess of par 30,000 credit Assuming the only changes in retained earnings
So 680000 = 350000+190000+30000+ retained earning
So retained earning = $110000
Dividend paid = $50000
So net income = dividend paid + retained earning = $110000+$50000 = $160000
So option (c) will be the correct answer
Answer:
The correct answer is the option C: there are many substitute goods available for a product, and they have a long time horizon to adjust their consumption.
Explanation:
To begin with, the concept known as <em>''price-responsive'' </em>in the marketing field and in the business world refers to the ability by the consumers to adjust their consumption behavior regarding the prices that are being charged by the company in order to control the use of the good itself and therefore to avoid paying high prices. Moreover, it is understood that in this theory scheme the consumers are adaptative to the services price changes that the company tends to do.
Complete question:
Alex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex works, has decided to promote Alex to reward him for his hard work and dedication to the firm. Vera believes that his technical proficiency will inspire the rest of the team to work harder and become more accurate.
Is Vera's reasoning sound? Does Alex's technical proficiency help to ensure his success as a manager?
a. Yes, Alex's high expectations will make him a better manager.
b. No, human relations skills are just as important as technical expertise.
c. Yes, technical proficiency is the key to managerial success.
d. Yes, technical proficiency in a manager is inspirational to teams.
Answer:
(B) No, human relations skills are just as important as technical expertise.
<h3>
What is technical expertise?</h3>
- Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
- From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.
- Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
- From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.
<h3>
What are relations skills?</h3>
- This includes communicating openly, actively listening, cooperating, refusing improper social pressure, constructively negotiating disagreement, and seeking and offering assistance when needed.
- Relationship skills are essential for personal and professional success.
- Trust, respect, self-awareness, inclusiveness, and open communication are all required for a healthy professional relationship.
- Let's take a closer look at each of these traits.
- You can be open and honest in your ideas and actions when you trust your team members.
So, in this instance, Vera is attempting to argue that interpersonal skills are just as vital as technical skills.
Therefore, the correct option is (B) No, human relations skills are just as important as technical expertise.
Know more about technical skills here:
brainly.com/question/26895031
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