Answer:
This is called deflation.
Explanation:
Deflation refers to the situation when there is a decline in the general price level, it causes the economy to slow down. It generally happens because of a reduction in the money supply.
The nominal costs of goods and services, labor, capital, etc. decline. But the relative prices, generally remain the same. '
The decline in price is not good for everyone and adversely affects producers. It is also harmful to borrowers. The decline in the price level increases the purchasing power of money.
The fewest number of hours from the graph is 73 hours.
<h3>Equation</h3>
Equation is an expression used to show the relationship between two or more numbers and variables.
Let x represent the number of $10 course and y represent the number of $15 course.
Her goal is to save at least $1000, hence:
Also:
The fewest number is (20, 53)
The fewest number of hours from the graph is 73 hours.
Find out more on equation at: brainly.com/question/2972832
Answer:
Recognition of priorities
Explanation:
Management involves planning, organizing, controlling, supervising, a group of people which could be an entire team, workers or some fractions of workers in an environment to achieve organizational goals. An entrepreneur which is among the factors of production is indeed someone who manages, supervise the other factors of production, keeping an environment in which people work and achieve the goals of production.
Management is a profession and as such skill set to recognizing when some aspects of management becomes important than others and when some goals need to be given more attention to achieving the overall organizational goals can describe as Recognition of priorities.
Recognition of priorities brings some other important aspects of management into focus leaving out the less important ones cancelled or put on hold so as to save time and maximize labor efficiency.
The fact that Sawyer Components have seen opportunities in China and want to expand there reflects<u> global vision. </u>
<h3>What is global vision?</h3>
This refers to the ability of a company to see beyond factors affecting it from its native country.
It involves seeing opportunities, threats, and weaknesses in the global market, and then acting to take advantage of them like Sawyer Components wants to.
Find out more on the importance of vision at brainly.com/question/4436066.
#SPJ1
