Answer:
It will increase
Explanation:
This is due to the "law of supply". It says that whenever the prices increase, the supply will increase, because if the prices are higher, they can win more money as they sell their goods (cars in this case) and this encourages the supply to produce more and place more quantity into the market.
In other words, just follow one of the basic laws in economics, the law of supply, which says "whenever the prices rise, the quantity supplied will also rise, ceteris paribus". By the way, ceteris paribus is latin for "all other things equal" and it means that all other factors remain unchanged (the same).
Answer:
B. $3,750
Explanation:
Sophie will need to add up all her costs (tuition, room and board) and then add up all her funding sources (financial aid/money from parents). The difference between these two amounts is what is still owed which she will have to pay from her own savings or loans.
Costs: 11,750+11,500 = 23,250
Funding: 9000+7000+3500= 19,500
$23,250 - $19,500 = $3,750
Answer: Cost of goods manufactured = $520000
Explanation:
Given that,
Direct materials used = $120,000
Beginning work in process = $20,000
Direct labor = $200,000
Ending work in process = $10,000
Manufacturing overhead = $180,000
Beginning finished goods = $25,000
Operating expenses = $175,000
Ending finished goods = $15,000
∴ Cost of goods manufactured = Direct materials used + Beginning work in process + Direct labor - Ending work in process + Manufacturing overhead + Beginning finished goods - Ending finished goods
= $120,000 + $20,000 + $200,000 - $10,000 + $180,000 + $25,000 - $15,000
= $520000
Answer:
Middle Management
Which is not a typical function:
Middle management may be reduced in organizations as a result of reorganization. Such changes can take the form of downsizing," delayering," and outsourcing.
Explanation:
Options:
1. Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.
2. Middle managers are accountable to top management for their department’s function. They provide guidance to lower-level managers and inspire them to perform better.
3. Middle managers balance a functional or technical understanding of those who report to them with the interpersonal skills of a manager. This form of leadership requires a strong ability to communicate, mentor, train, hire, organize, optimize processes, and prioritize.
4. Middle-management functions generally revolve around enabling teams of workers to perform effectively and efficiently and reporting these performance indicators to upper management.
5. Middle management may be reduced in organizations as a result of reorganization. Such changes can take the form of downsizing," delayering," and outsourcing.
The last option (No. 5) is certainly not a function of middle management. It is what happens to middle management during reorganization.
Answer:
Paying attention to the trends that might impact your future career is called Futurecasting.