Answer:
The equilibrium price will remain the same while equilibrium quantity will decrease
Explanation:
The effect on equilibrium price and quantity of a simultaneous decrease in demand and decrease in supply will depend on whether both price and quantity change in the same proportion or whether one charge is larger or smaller than the other.
I assume in this question that the equilibrium price and quantity decreased in the same proportion.
From the figure in the attached file,, we will see that the initial state of demand and supply curves are shown by curve DD and SS respectively and the decrease in demand is shown in curve D1D1 and a decrease in supply is shown in curve S1S1.
it will be observed that though there is a decrease in demand from Q0 to Q1 but the equilibrium price remain the same.
Answer:
C) entrepreneur
Explanation:
According to my research on different business roles and responsibilities, I can say that based on the information provided within the question In this example, Omega Distributors’ managers are carrying out the entrepreneur role. An entrepreneur is a a person who sets up a business or businesses, taking on financial risks in the hope of profit. Which is what they are encouraging employees to become by developing new products and thinking of financial risks that can pay off and provide benefits for the company.
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Answer:
Explanation:
Cash budget for Pasadena Candle Inc.
Month Purchased Paid
August $40,000 $16,000
September $36,000 $38,400
Calculations:
Month ending payment in September = 60 % x August purchases + 40 % x September purchases = 0.60 x $ 40,000 + 0.40 x $ 36,000
= $ 24,000 + $ 14,400 = $ 38,400
According to the job characteristics theory, the degree to which a job requires an employee to complete a number of different activities involving several different skills and talents is known as variety.
Using the Jobs Characteristics Theory, you can modify the work itself to enhance employee performance and job happiness. According to the model, if you are effective in doing this, you can create the conditions for a person to thrive in their position. By "thrive," we imply that the worker will be inspired, deliver excellent work, and feel fulfilled in their position. Jobs had been systematized and made simpler earlier in the 20th century to boost productivity and optimize production. The promised benefits of enhanced systemization frequently never materialized because of elevated employee unhappiness, leading to the development of the Job Characteristics Theory (JCT).
Learn more about job characteristics theory here:
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The product life cycle (PLC) has 5 stages: product development stage, introduction stage, growth stage, maturity stage and decline stage.<span>
The strategy that includes shifting some advertising from building product awareness to building product conviction and purchase is part of the growth stage of the product life cycle. I</span><span>f the new product satisfies the market, it enters this growth stage. In the growth stage the sales will start climbing quickly.</span>
