Answer:
Shift in supply curve, movement along supply curve
Explanation:
A shift in supply curve occurs due to changes in other factors other than price . Examples include increase in cost on inputs(raw materials), increase in government taxes; these two will cause the supply curve to shift to the left. On the other hand, movement along supply curve is due to changes in price of the good or service supplied; the higher the price, the higher supply hence an upward movement along the supply curve.
Answer:
1) The cost of something is what you give up to get it
Explanation:
As it can be seen that for opting one service the person should leave the other activity that we called as an opportunity cost
In the given situation, since it is mentioned that Janet can earn $10 per hour and for pool she has to pay $4 as an entrance fee
So here the sacrifice is made with respect if one activity is selected
Therefore the option 1 is correct
Answer:
a. Local markets have become saturated; therefore, companies now look to other countries for further expansion.
If you can write well, you can represent your company well.
e. Employees today aren't hired only for their knowledge, their ability to learn new things is also vital.
g. The communication process works fluidly. It moves from one step to the next often without pause.
To ensure clear communication, use precise words to convey your ideas.
Explanation:
Answer:
"Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy. It is the sister strategy to monetary policy through which a central bank influences a nation's money supply."
Answer:
A. $7,761.84
Explanation:
Balance after deferment period before any payment made.
A = P(1 + r)^t
A = $9940*(1 + 0.2253)^(12/12)
A = $12179.5
Final balance after monthly payment.
A_f = $12179.5 - (12*397)
A_f = $7415.5
Therefore, The balance after the deferment period A payment of $397 are each month is $7,761.84.
