Answer:
The correct answer is letter "E": generate all of the above consequences.
Explanation:
Price supports, mostly known as price floors, are set by the government to protect producers of certain goods and services. By doing so, the product prices will have a minimum that cannot be trespassed. This is to make sure <em>producers can continue with their operations at least earning a minimum profit margin.</em>
<em>The counterpart, the demanders, are affected because their purchasing power is decreased by setting the price at a certain level without the option of going down from there. Besides, the higher the price, the more taxes consumers will be paying. The disadvantage of price floors is surplusses in production that are the result of demanders not being able to pay the price set by the government. Eventually, government agencies purchase the surplus quantity in an attempt to keep the equilibrium in the market.</em>
The strong economic growth , full employment, and price stability in the late 1990s and early 2000s in U.S. can be explained by "rightward shift of aggregate demand and a leftward shift of aggregate supply".
<h3>What is
rightward shift of aggregate demand and a
leftward shift of aggregate supply?</h3>
The rightward shift and leftward shift according to aggregate demand curve are-
- As the components of aggregate demand—consumption spending, investment spending, government spending, and spending on exports minus imports—increase, the aggregate demand curve moves to the right.
- As the cost of essential inputs increases, the aggregate supply curve moves to the left, creating the potential for reduced output, increased unemployment, and higher inflation. Stagflation is the term used to describe an economy that is both experiencing slow growth and high inflation.
he possible reason for the surge of economic growth are-
Therefore, the possible causes of the economic boom include the fact that oil prices were exceptionally low in the mid to late 1990s (the lowest levels since the post-World War II boom), which would have decreased the cost of transportation and manufacturing and boosted economic growth.
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Answer:
b. $10
Explanation:
The computation of the cost per shirt is shown below:
= (The cost of its factory, raw materials, and labor) ÷ (production level)
= $500,000 ÷ 50,000 shirts
= $10
Since we have to compute the cost per shirt before the increase in production level so we do not consider the increased production level and increase labor and raw material expense.
Explanation:
Analyzing the situation exposed in the question above, it is correct to state that the manager was malicious in assuming the credits for his subordinate's extra work and acted in an unethical manner.
These situations can happen due to the fact that many employees are afraid to confront their manager for bad behavior due to their hierarchical position and the fear of being warned or losing their jobs, so these situations can be common in companies.
The ideal in this situation would be an assertive reaction, using an ethical and professional approach to know the manager's motivation to act in that way.
It is also valid for other employees to know that their work is being carried out, so that this type of manager behavior is minimized, as there may be a fear of being exposed by the team.
The relationship between manager and subordinate must be based on trust and mutual respect, so that the work is carried out efficiently and each one can do their best to achieve the team's goals.
