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Leokris [45]
2 years ago
10

Apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology.

Business
1 answer:
Vikki [24]2 years ago
4 0

Answer:

Appropriate Terminology

a. If Kevin's boss is interested in a graphical presentation of the relationship between the price and quantity of televisions supplied, you would advise your coworker to construct -------- using the data provided.

bar chart or histogram

b. However, if Kevin's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that a -------- would be more appropriate.

table

Explanation:

A bar chart or graph represents categorical data with rectangular bars.  It can be used to visualize data distributions, compare data groups, and to track periodic changes in data.  Tables are versatile organization tools that can communicate information with or without the use of other graphical tools.

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Suppose the economy is initially at potential output and the quantity of aggregate output supplied increases. What information w
ankoles [38]

Answer:

We need to know if the price level is changing or not.

Explanation:

If the economy is at the potential output and the quantity of aggregate output supplied increases, we need to know if this increase is because of an increase in the price level.

If the aggregate price level is increasing then there will be a movement on the SRAS curve. If the increase in quantity supplied is because of a rightward shift in the LRAS curve, the price level will remain the same.  

Also, if the quantity supplied goes back to its original level, in the long run, it implies that the increase in output was because of a short run movement.

7 0
3 years ago
The following selected amounts are available for Thomas Company.Retained earnings (beginning) $2,500Net loss 200Cash dividends d
AfilCa [17]

Answer:

c. $1,900

Explanation:

As for the information provided, we have:

Retained Earnings opening balance = $2,500

Current year loss = $200

Balance of retained earnings after this = $2,500 - $200 = $2,300

Now, dividends are provided which shall be paid from retained earnings only.

Cash dividends are the one paid in cash.

Stock dividends are the ones which are paid by issue extra shares from retained earnings.

Thus, both are deductible from retained earnings.

Therefore, closing balance of retained earnings = $2,300 - $200 - $200 = $1,900.

4 0
3 years ago
Can someone please help mee
Vsevolod [243]

Answer:

$1,467.88

Explanation:

Net pay is the amount one receives after subtracting deductions from the gross pay. Therefore, net pay is the gross pay minus all the deductions such as social security, federal and state taxes.

In this case, the gross pay is $1,828. The total taxes are $ 360.12.

The net pay will be $1,828 -360.12.

= $1,467.88

6 0
3 years ago
Issues of growth are generally considered in: Multiple Choice neither the short-run nor the long-run frameworks. the short-run f
liraira [26]

Answer:

the long-run framework.

Explanation:

In Economics, Growth can be defined as an increase or rise in the level of output and production of goods and services over a specific period of time by a business entity.

Issues of growth are generally considered by economists in the long-run framework because growth itself is a long-run phenomenon in economics.

A long-run growth refers to the continuous and sustained increase in the level of output of goods and services or quantity of production that a business is able to achieve.

Hence, all of the four factors of production affects the level of growth that is being experienced by an individual or organization. These factors are;

1. Capital.

2. Labor.

3. Land.

4. Entrepreneur.

<em>In a nutshell, business owners and economist usually consider the growth of a business as a long-run phenomenon rather than as a short-run phenomenon. </em>

7 0
3 years ago
Although they may be subtle, when considering forces for change, job dissatisfaction, absenteeism, and low productivity represen
Vera_Pavlovna [14]

The factors of absenteeism, low productivity, and job dissatisfaction when considering forces of change are collectively known as A. Human resource concerns.

<h3>What are human resource concerns?</h3>

These are all the related factors that affect the labor and workforce of an organization.

Some examples include job dissatisfaction, and low productivity. There are also issues of absenteeism amongst staff. These factors need to be considered when trying to instill change in the workforce.

In conclusion, option A is correct.

Find out more on human resources at brainly.com/question/10583893.

7 0
2 years ago
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