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3 years ago

Why does prices rise when the demand of a product is high?

Business

1 answer:

scoray [572]3 years ago

3 0

Answer:

Well its all about money it runs our world our lifes (no money no life) it sucks that the nice people are not known like that but the rich ones who are mean are love/d? but there are some rich people who are nice and we lov/e them like mr beast nice guy pretty rich and nice dude to hang out with.but yes money makes people do dum/b things like prices because of greed.

Explanation:

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Clive's manager appointed him to lead the marketing group because Clive emerged as a natural team leader in a previous assignmen

Bezzdna [24]

Answer:

The correct answer is: formal .

Explanation:

The informal leader is defined as the one who influences other members of a work group or team; In most cases, they are not recognized by the formal power structure, nor do they receive extra compensation or benefit, nor do they have formal interference to fire or hire staff. They are individuals who, without the formal title or authority, act as defenders of the organization and raise their contribution and that of others through influence, knowledge, expertise and relationship building; acting generally? Below the water? as facilitators and motivators.

Within the group they play a decisive role in its effectiveness, due to its influence on the beliefs and expectations of its members, by setting goals and feedback. In addition, the informal leader maintains a reliable reputation as a source of reliable information, since it is the same group members who give them authority.

They use their influence to shape strategies, establish basic norms and values, allocate resources, coordinate intergroup efforts and negotiate with individuals outside the group. They learn to unite different groups of people with common interests or networks, while fostering and cultivating relationships within and outside the group. Not only do they create networks, but they become catalysts for others to form new communities throughout the organization.

5 0

3 years ago

Adam Smith believed that fair prices for goods are determined in a capitalist system:______ a) through competition between busin

Alexus [3.1K]

Answer:

The correct answer is A

Explanation:

Adam Smith is one of the first theorist who refer to the system of capitalism. Under this system, he asserts that when the person or an individual conduct or make a trade, they value what they bought more than they value what are exchanging for the commodity.

So, under this system, he believed that the fair as well as correct prices of the commodity or the goods will be determined through the competition among the businesses.

5 0

3 years ago

Suppose that the Federal Reserve purchases a bond for $100,000 from Reggie Rich, who deposits the proceeds in the Manufacturer’s

Nastasia [14]

Answer:

1. Money supply <u>increase</u><u> </u>by $100,000 because federal reserve purchase bond of $100,000 from Riggie Rich.

2. Increase in additional loans = Deposits - Reserve Required Ratio

Increase in additional loans = $100,000 - $100,000*25%

Increase in additional loans = $100,000 - $25,000

Increase in additional loans = $75,000

As a result of Rich' s deposits, Manufacturers Bank will able to extend $75,000 in additional loans.

3. Increase in Deposits = Change in Reserve x 1 / RRR

Increase in Deposits = $100,000 * 1/25%

Increase in Deposits = $100,000 * 1 / 0.25

Increase in Deposits = $4,000,000

As a result of this purchase by the fed, the maximum increase in the quantity of checkable deposits that could result through out the entire banking system is $4,000,000

3 0

3 years ago

Rick and his wife Michonne are building their dream home in Alexandria, VA. The couple have designed a two-story craftsman style

Verdich [7]

Answer:

Pay as you earn, P.A.Y.E

Explanation:

The best method to be adopted here is pay as you earn, P. A. Y. E.

Pay -as-you -earn is a type of payment, whereby the worker is being paid as per the amount, hour, day, week or month he used to work.

Most times, it is always based on daily basis.

In this aspect, Michonne and Negan should agree on P. A. Y. E method of payment. Because, it is the only method that will satisfy both parties.

4 0

3 years ago

Do you think GDP is the best indicator to measure the living standard of a country? Justify your answer (4 marks)

seraphim [82]

Explanation:

GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology,

GDP is an accurate indicator of the size of an economy and the GDP growth rate is probably the single best indicator of economic growth, while GDP per capita has a close correlation with the trend in living standards over time.

7 0

3 years ago