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Vedmedyk [2.9K]
2 years ago
12

Sandra is hired by a sparkling water manufacturer. Her primary function at the company is transforming resources into goods and

services. Sandra is involved in
Business
1 answer:
marshall27 [118]2 years ago
4 0

Sandra is involved in production.

Production can be described as the process of transforming or converting resources into goods and services.

In any organization, the depart that is in charge of production is the production or operation department.

Therefore, Sandra is involved in production.

The reason is that the transformation of resources into goods and services is her key job role at the company.

Learn more here: brainly.com/question/1462114.

You might be interested in
A. Suppose there is a surge in consumer confidence, creating an increase in aggregate demand in the economy. The Federal Reserve
Mrac [35]

Answer:

See below.

Explanation:

For a, first we calculate the credit multiplier of the economy,

Credit multiplier = 1 / reserve ratio

Credit multiplier = 1 / 0.25 = 4

This means that any change in money supply will be 4 times as much in the economy, hence to induce a change of $120 billion, the Fed will decrease the money supply by 120/4 = $30 billion. This will increase the interest rates just enough to stabilize aggregate demand.

For b, we again start by calculating the credit multiplier.

Credit multiplier = 1/0.10 = 10

Since the Fed want to stimulate investment, it needs to use an expansionary monetary policy.

The Fed thus increases the money supply by 150/10 = $15 billion.

This will have the total effect of 150 billion on the whole thus achieving the Fed's objectives.

Hope that helps.

4 0
2 years ago
Afirm has production function q=10"(L^0.5)*(K^0.5), where "L"0.5" means "L raised to the 0.5 power," and the same applies to the
Amanda [17]

Answer:

(A) 15 × p

(B) 225\times p{^2}

(C)  P\times 5\times k^{0.5}

Explanation:

(B) direct= demand function of labor will be,

Q: f(w),

where Q is labor demand quantity and is function of wage

K=9 constant, then production function changes to,

=30L^{0.5}

Marginal product of labor:

= 15L^{-0.5}

Marginal revenue product or value of marginal product:

=15p\times L^{- 0.5}

This is showing what revenue a firm will generate due to hiring one additional unit of labor.

So firm will keep hiring until the revenue the additional labor is generating is equal to its hiring cost or wage.

So, putting MRP or VMP to wage:

P\times15\times L^{-0.5}=W

By solving,

\frac{(225\times p^{2})}{W^{2}}=L

And the multiplicative term is 225\times p{^2}

(A) Inverse demand function of labor will be,

W: f(Q)  

where W is wage rate and demand function of labor demanded quantity.

As previously solved,

P\times15 \times L^{0.5}=W

and the multiplicative constant term is 15 × p.

(c) In long run capital will also variate, so production function will be,

=10L^{0.5}\times k{^0.5}

MP=\frac{(5\times k^{0.5})}{L^{0.5}}

VMP=\frac{P(5\times k^{0.5})}{L^{0.5}}

( p is market price of good that firm is producing using labor)

putting it equal to Wage)

W=\frac{(5\times k^{0.5})}{L^{0.5}}

and the constant term is  P\times 5\times k^{0.5}.

Note:

I did a) second place and b) on first . I already put the serial alphabet on the start of the answer.

8 0
3 years ago
The ABC Co. is considering a new consumer product. They believe that the XYZ Co. may come out with a competing product. If ABC a
andrey2020 [161]

Answer:

Let X be probability XYZ offers a competing product

EMV (assembly line) = $10,000∗X+$40,000∗(1-X)

EMV (addition) = -$100,000∗X+$600,000∗(1-X)

$10,000∗X+$40,000∗(1-X) = -$100,000*X+$600,000∗(1-X)

$10,000∗X-$40,000∗X+$40,000 = -$100,000∗X-$600,000∗X$600,000

-$30,000∗X+$700,000∗X = $600,000-$40,000

$670,000∗X = $560,000

X = $560,000/$670,000

X = 0.836

ABC will be indifferent between the two alternatives if the probability that XYZ will offer a competing product is estimated to be 0.836.

ABC should invest in the addition if the probability that XYZ will offer a competing product is estimated to be less than 0.836.

7 0
2 years ago
Renue Spa had the following balances at December 31, Year 1: Cash of $15,000, Accounts Receivable of $61,000, Allowance for Doub
Phoenix [80]

Answer:

Explanation:

provision For Doubtfull Accounts Yr.3

Opening Bal.                                        =                         3,750

For the Year (215000*2%)                   =                          4300

Write-off                                                =                        -2100

Closing Balance (3750+4300-2100)  =                        5950

Account Recievable For Yr.3

Opening Bal.                                        =                         61000

Sales For the Year (215000*2%)         =                          215000

Provision For the Year                         =                        -4300

Cash Recived from Debtors                =                        218000

Closing Balance                                   =                        53700

Net Realizable Value of Recievables

Closing Debtors                                    =              53700  

Closing Provision                                  =              -5650

Net Realizable Value                             =             47750

C) Collectible Amount              

Provision For the Year                          =            4300

Previously writte of recoverred          =            -500

Total bad debts for the year                 =            3800    

5 0
3 years ago
A total of $44,000 is invested in two municipal bonds that pay 5.75% and 7.25% simple interest. The investor wants an annual int
Nataliya [291]

Answer:

Amount invested at 5.75% = $30,000

Amount invested at 7.25% = $14,000

Explanation:

Let the amount invested

at 5.75% = X

at 7.25% = Y

According to given condition

X + Y = $44,000 ( Eq 1)

and

0.0575X + 0.0725Y = $2,740 ( Eq 2)

By multiplying ( Eq 1) with 0.0575

0.0575X + 0.0575Y = $2,530 ( Eq 3)

By subtracting ( Eq 3) from ( Eq 2)

0.0725Y - 0.0575Y = $2,740 - $2,530

0.015Y = 210

Y = 210 / 0.015

Y = $14,000

X + $14,000 = $44,000

X = $44,000 - $14,000

X = $30,000

Check:

$30,000 x 5.75% + $14,000 x 7.25% = $2,740

$2,740 = $2,740

5 0
3 years ago
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