1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anettt [7]
3 years ago
13

Did the demand curve shift during the coronavirus?

Business
1 answer:
alekssr [168]3 years ago
8 0

Answer:

Yes, it is correct to say that the demand curve shifted during the coronavirus, as the pandemic was an unexpected event that caused a planned economic recession, with the main objective of reducing production levels and demand in order to contain the pandemic.

One of the examples was the legislation that forced the closing of stores and restaurants in order to reduce the circulation and agglomeration of people in order to reduce the contagion by the virus, which caused a drop in demand and jobs.

You might be interested in
Economists typically depict the ppf as a bowed out curve rather than as a straight line in order to show that_________.
denis23 [38]

Answer:

Economists typically depict the PPF as a bowed-out curve rather than as a straight line in order to show that the opportunity cost of producing one good rises as more goods are produced. Those points lying beyond the production possibility frontier (PPF) represent results which cannot be attained with the current level of technology and resources.

6 0
3 years ago
Match each example with the barrier to inclusion that best describes it.
SCORPION-xisa [38]

Answer:

A)The "like me" bias

B)Ethnocentrism

C)prejudice

D)Ethnocentrism

E)Perceived threat of loss

F)Stereotype

Explanation:

.

4 0
3 years ago
North Shore Clothing Company provided the following manufacturing costs for the month of June. Direct labor cost     ​$138,000 D
Alexxx [7]

Answer:

D. ​$242,200

Explanation:

The variable cost is that cost which is changes when there is a change in the level of production.

It includes the direct material cost, direct labor cost, factory supplies, etc

The computation of the total variable cost is shown below:

= Direct material cost + direct labor cost + packaging cost

= $85,000 + $138,000 + $19,200

= $242,200

Therefore we included these three cost for the calculation of the variable cost

4 0
3 years ago
Which of the following ratios indicates the percentage of each sales dollar that is available to cover fixed costs and to provid
tigry1 [53]

Answer:

The correct answer is the option A: Margin of safety ratio.

Explanation:

To begin with, the name of <em>"Margin of Safety"</em>, in the field of business and accounting, is refered to a ratio whose main purpose is to establish the point in where the company knows that it has to sale obligately due to the fact that at that point the company can be sure that they have covered the fixed costs of it and after that point every sale will became a profit for the company. So that is why that this ratio indicates the percentage of each sales dollar that is available to cover those costs.

8 0
3 years ago
Suppose Capital One is advertising a 60​-month, 5.06 % APR motorcycle loan. If you need to borrow $ 8 comma 400 to purchase your
IceJOKER [234]

Answer:

The monthly payment n the motorcycle will be for 158.75 dollars

Explanation:

We need to solve for the PMT of an ordinary annuity:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 8,400 (loan)

time 60 months

rate 0.004216667 (5.06% annual divide into 12 months)

8400 \div \frac{1-(1+0.00421666666666667)^{-60} }{0.00421666666666667} = C\\

C  $ 158.749

8 0
4 years ago
Other questions:
  • LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.0 hours of direct labor at the r
    12·1 answer
  • An engineer is studying the slight differences in the length of roofing shingles that is being produced at his roofing company.
    12·1 answer
  • How does rising wages cause inflation?
    13·1 answer
  • One way businesses can solve ethical dilemmas is through:
    12·1 answer
  • Hometown Appliance has been having issues with salesmen who are giving customers incorrect pricing or information or creating ad
    8·1 answer
  • Company A is a manufacturer with current sales of $3,400,000 and a 60% contribution margin. Its fixed costs equal $1,600,000. Co
    15·1 answer
  • Palin's Muffler Shop has one standard muffler that fits a large variety of cars. The shop wishes to establish a periodic review
    9·1 answer
  • Rico does not work for Street Bikes Company, but wrongfully obtains inside information concerning the firm. Based on the informa
    7·1 answer
  • Suppose a farmer in Georgia begins to grow peaches. He uses​ $1,000,000 in savings to purchase​ land, he rents equipment for ​$6
    14·1 answer
  • This is to inform you that your letter of April 4 has been circulated to me, as I am in charge of such requests. After your inqu
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!