Answer:
a) price of $7 and quantity of 50 units
Explanation:
According to what I'm understanding of the table you got the following:
![\left[\begin{array}{ccc}Price&Supply&Demand\\5&11&36\\6&36&68\\7&50&50\\7&73&37\\...&....&...\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DPrice%26Supply%26Demand%5C%5C5%2611%2636%5C%5C6%2636%2668%5C%5C7%2650%2650%5C%5C7%2673%2637%5C%5C...%26....%26...%5Cend%7Barray%7D%5Cright%5D)
The equilibrium will be when both forces meet in this case, it is clear that it is happening at a price equal to $7 which generates a supply of 50 units and a demand for 50 units. Both have the same value so it is equilibrium
Answer: Optimization of resource allocation
Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.
One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.
Answer: unfreezing
Explanation:
The unfreezing stage of Lewis change process is being regarded as the first stage of change, and in this stage, an organization is being prepared and accept that change is inevitable and necessary and that existing status quo should also be broken.
This is illustrated in what Mr. Henshaw, CEO of MBA Bank did, by deciding that the organization needs to provide more convenient service to customers.
Answer: D. hiring of people in underrepresented classes, regardless of qualifications.
Explanation: Employment using quota as a criteria and hiring people without regards to qualification just because they are from under represented class, is not an affirmative action and will lead to mediocrity.
Hiring should be based on analysis of demographics of the current company workforce, survey of the relevant labor market and comparison of the current company workforce and workforce available in the labor market.
Answer:
The budgeted ending balance of cash for the month of April is $36,000
Explanation:
Ending balance of cash = Cash balance at beginning of April + Expected cash receipt - (Salary paid + Material purchases + Other expenses)
= $16,000 + $272,000 - ($62,000 + $94,000 + $96,000)
= $288,000 - $252,000
= $36,000
Note: Depreciation is non- cash expense so it will not be considered while computing the cash balance at the end of the month.
