Answer:
The correct answer is A. True
Explanation:
Solution
Balanced scorecard performance management system: It is define as a management system and strategic planning that companies or firms use in communicating their set target and objectives.
Furthermore, a balanced scorecard is a measurement of management performance which can recognize and refine internal functions and external results.
i would say E) cause that 28 people that work when it was raised to $25
Answer:The most important policy instrument.
Explanation:Inflation targeting is when the central bank of a country sets specific gradual rate for inflation.It does this in such a way that Inflation rate has a specific limit,this will make consumers think this increment will continue.
As prices rises,people buy more with the intention of selling later at an higher price.
If it is done right,it increases demand,lowers unemployment rate as industries increase their production capacity if demand is high.Inflation targeting usually boost economic growth.
Answer:
a. mostly cigarette buyers.
Explanation:
The law of demand states an inverse relationship between quantity demanded of a good and it's price, keeping other factors affecting demand as constant.
Price elasticity of demand refers to the degree of responsiveness of quantity demanded to a change in price.
Alcohol and cigarettes are exceptions to the law of demand since in their case, the factor of addiction presides which outweighs rational decision making.
Thus, price elasticity of demand of cigarettes is inelastic. So a marginally higher price charged for cigarettes will not reduce their consumption.
A new tax on cigarettes would raise their prices. The manufacturers, to cover such taxes and maintain the same margin as before would further raise the prices of cigarettes further.
Thus, the tax burden would be shifted to the consumers and hence majorly borne by them.
Answer:
1. $1000 (sale price) - $800 (Dealer price) = $200
2. $200 * 10 sculptures = $2000 of total value added
Explanation:
STEPS
1)The artist pays $5,000 for the intermediate goods (scrap metal) and sells the finished goods (10 sculptures) for $1 comma 1,000 each.
The value added for the artist equals $3000
2)The art dealer pays $800 for the intermediate goods (sculptures) and sells the finished goods (sculptures) for $1000 each. Calculate the difference between the price the dealer paid for the sculptures and the amount for which the dealer sold the sculptures.
3) $1000 (sale price) - $800 (Dealer price) = $200
4) $200 * 10 sculptures = $2000 of total value added
