If the demand for a good falls by less than the supply of the good rises, then the good’s equilibrium price will fall and its equilibrium quantity will rise.
According to the law of demand indicates that as price increases, consumers are willing and able to purchase less so the quantity demanded will fall and cause the downward sloping demand curve. So when price falls, consumers are willing and able to purchase more.
Explanation:
You don't make the decisions about your finances until you have an outstanding debt; your creditors do. You determine how much you are charging for charge it. In some situations, you can increase the interest rate and the minimum payment and you can change your spending to suit it for less than two months.
You Should try to clear out the debt as quickly as possible, but not merely because it saves you money. The side effects of debt will influence other crucial aspects of your life so you don't make more profit and get what you want.
You exude confidence, however once you are out of debt. "You are appealing to people,". "And what do you guess? You draw money instead. So get out of your debt then hold out your debt, if you ask me, the quicker the better.
Answer:
<u>A mid-level manager will get $5251.2 salary.</u>
Explanation:
Control Point = 1544 + 4.72 x Hay Point
=1544 + 4.72 x 600
= $ 4376 which is the mid-point of salary range in the market.
120% compa ratio means the actual salary given out is (120/100) times the market mid-point
Hence,
Actual Salary = ( 120 / 100 ) x 4376
= $ 5251.2
Answer: c. 5 days, 7 workers
Explanation: With the project requirements provided, and with the least of number of resources working on the task not less than the number of those assigned to the task.
The least amount of time for the project to complete would be approximately 5 days, and the resources needed to complete the task would be approximately 7 workers.
Answer: See explanation
Explanation:
The retained earnings will be calculated as:
= Begining retainers earnings + Net income - Dividend.
Year 1:
Retained earning = 0 + 2000 - 1700
= 300.
Year 2:
Retained earning = 300 + 2600 - 1600
= 1300
Year 3:
Retained earning = 1300 + 2600 - 2200
= 1700
Year 4:
Retained earning = 1700 + 5900 - 2900
= 4700
Year 5:
Retained earning = 4700 + 8800 - 3100
= 10400
