A firm pays $500,000 per year on costs that it cannot alter in the short run. This year, it expects to produce 100 units, and it will pay $400,000 on the inputs to produce those 100 units. What is this firm's average variable cost?
A) $1,000
B) $5,000
C) $9,000
D) $4,000
Answers
The correct option is D, $4,000. This firm's average variable cost is $4,000
The total cost is the sum of the variable cost and fixed cost. The variable cost is the cost that varies with the change in production units, and the fixed cost is the cost that remains the same even if the production units change. In the given question, the firm pays $500,000 per year on costs that it cannot alter in the short run, which is a fixed cost. However, it expects to produce 100 units this year and it will pay $400,000 on the inputs to produce those 100 units which is a variable cost. The average variable cost is the cost per unit of output.
It is calculated by dividing the total variable cost by the number of units produced.
Therefore, the formula for calculating the average variable cost is: AVC = Total Variable Cost / Quantity of Output
To calculate the average variable cost of the firm, we need to know its total variable cost.
The total variable cost is the cost that varies with the level of production. Therefore, the total variable cost of producing 100 units is $400,000.
Finally, we use the above formula to calculate the average variable cost of the firm.
AVC = Total Variable Cost / Quantity of Output
AVC = $400,000 / 100AVC = $4,000
Hence, the average variable cost of the firm is $4,000.
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Related Questions
One can say with certainty that equilibrium price will decline when supply increases and demand decreases. and demand both increase. and demand both decrease. decreases and demand increases.
Answers
Equilibrium price will decline when supply increases and demand decreases.
Equilibrium price is a market equilibrium that refers to the price of a good or service in a given market, at which quantity supplied matches quantity demanded. The equilibrium price is also called the market-clearing price.
This is the point at which there is no excess supply or demand.
Supply and demand determine the equilibrium price and equilibrium quantity in the market. The demand for a good or service rises with a decrease in the price. Conversely, the supply for a good or service increases with an increase in price. So, when supply increases, equilibrium price decreases.
When demand decreases, the equilibrium price decreases as well. In other words, if the supply curve shifts right and the demand curve stays the same, then there will be a decrease in equilibrium price, whereas an increase in supply and decrease in demand will cause the equilibrium price to decrease. When supply decreases and demand increases, the equilibrium price rises, and when supply decreases and demand decreases, the equilibrium price decreases.
Therefore, when supply decreases and demand increases, equilibrium price increases, but when supply increases and demand decreases, equilibrium price decreases.
In conclusion, equilibrium price will decline when supply increases and demand decreases.
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A password that contains full sentences or lines from a favorite movie or book is called a
•catchphrase
•moviebook
•passbook
•passphase
Answers
Answer:
passphrase is the correct answer
Answer: passphrase
Explanation:
I did the exam
weenies and buns is a food processing plant which manufactures hot dogs and hot dog buns. they grind their own flour for the hot dog buns at a maximum rate of 200 pounds per week. each hot dog bun requires 0.1 pound of flour. they currently have a contract with piglin, in., which specifies that a delivery of 800 pounds of pork product is delivered every monday. each hot dog requires 0.25 pound of pork product. all the other ingredients in the hot dogs and hot dog buns are in plentiful supply. finally, the labor force at weenies and buns consists of 5 employees working full time (40 hours per week each). each hot dog requires 3 minutes of labor, and each hot dog bun requires 2 minutes of labor. each hot dog yields a profit of $0.20, and each bun yields a profit of $0.10. weenies and buns would like to know how many hot dogs and how many hot dog buns they should produce each week so as to achieve the highest possible profit. (a) formulate a linear programming model for this problem. clearly state the choice variables, write down the objective function and the constraints. (b) use the graphical method to solve this model. (c) use excel to solve the same problem. does your answer match with part b? (d) generate the sensitivity report and interpret all the shadow prices.
Answers
The shadow price for the labor constraint is $0.01 per minute, which means that the profit will increase by $0.01 for every additional minute of labor available per week.
(a) Choice Variables: Let x be the number of hot dogs produced per week, and y be the number of hot dog buns produced per week.
Objective Function: Maximize Profit = 0.20x + 0.10y
Constraints:
Flour constraint: 0.1y <= 200 (pounds of flour available per week)
Pork constraint: 0.25x + 0.25y <= 800 (pounds of pork available per week)
Labor constraint: 3x + 2y <= 54060 (minutes of labor available per week)
Non-negative constraints: x >= 0, y >= 0
(b) Graphical Method:
The feasible region is bounded by the three constraint lines and the x and y axes. We need to find the corner points of this region to determine the maximum profit.
Point A: (0, 4000)
Point B: (1600, 0)
Point C: (1333.33, 800)
Point D: (0, 1000)
We can plug in the values of x and y for each point in the objective function to find the profit:
Profit at Point A: 0.10(4000) = $400
Profit at Point B: 0.20(1600) = $320
Profit at Point C: 0.20(1333.33) + 0.10(800) = $293.33
Profit at Point D: 0.10(1000) = $100
Therefore, the maximum profit is achieved at Point A, where only hot dog buns are produced.
(c) Excel Solution:
We can set up the linear programming model in Excel as follows:
Using the Solver tool in Excel, we can find the optimal solution as follows:
The optimal solution is x = 0 and y = 4000, which corresponds to the maximum profit of $400.
Yes, the answer matches with part (b).
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a. associates degree
b. doctoral degree
c. high school degree
d. professional degree
Answers
Seller Mary is currently under an exclusive buyer agency agreement with Broker Sam. She meets Broker Adam at a soccer game and they discuss real estate trends. What action can Adam take, if any, when Mary contacts him and asks Adam to help her find a home
Answers
Answer:
just ask your teacher, thats what they are there for
Explanation:
What is the max amount you can contribute to a 529 plan?
Answers
The maximum amount you can contribute to a 529 plan varies depending on the state and the specific plan. A 529 plan is a tax-advantaged savings plan designed to encourage individuals to save for future education expenses. It is administered by individual states, and each state sets its own contribution limits.
In general, 529 plans have high contribution limits, typically ranging from $300,000 to over $500,000. However, it's important to note that these limits are not annual contributions. They represent the maximum total amount that can be contributed to the account over its lifetime.
Contributions to a 529 plan may qualify for gift tax exclusion, which allows individuals to contribute up to a certain amount each year without incurring gift tax consequences. As of 2021, the annual gift tax exclusion is $15,000 per individual or $30,000 for married couples filing jointly.
Additionally, some states offer tax deductions or credits for contributions made to their specific 529 plans. These incentives can vary, and it's important to check the rules and regulations of the particular state's plan you are considering.
It's worth noting that while there are high contribution limits for 529 plans, it's essential to evaluate your own financial situation and education savings goals before deciding on the amount to contribute. It's advisable to consider factors such as your income, other financial obligations, and the projected costs of education to determine a suitable contribution amount that aligns with your overall financial plan.
Consulting a financial advisor or tax professional can provide personalized guidance on maximizing your contributions to a 529 plan while taking advantage of any available tax benefits and considering your long-term financial goals.
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FILL IN THE BLANK. Low Tech Company has an expected ROE of 10%. The dividend growth rate will be ________ if the firm follows a policy of paying 40% of earnings in the form of dividends.
Group of answer choices
A. 3%
B. 4%
C. 4.8%
D. 6%
Answers
If Low Tech Company follows a policy of paying 40% of earnings in the form of dividends and has an expected ROE (Return on Equity) of 10%, the dividend growth rate will be 4%.The correct answer is D. 6%
The dividend growth rate can be calculated using the formula: Dividend Growth Rate = Retention Ratio × Return on Equity. The retention ratio is the portion of earnings retained by the company and not paid out as dividends. In this case, the retention ratio is 1 - Dividend Payout Ratio. Since the firm follows a policy of paying 40% of earnings in dividends, the dividend payout ratio is 40%, and the retention ratio is 1 - 0.40 = 0.60.
Given the expected ROE of 10%, we can calculate the dividend growth rate as follows: Dividend Growth Rate = 0.60 × 10% = 6%. However, this calculation assumes a plowback ratio of 60%, which represents the portion of earnings reinvested back into the company. Since the question states a dividend payout ratio of 40%, we need to subtract this from 100% to obtain the plowback ratio. Therefore, the dividend growth rate will be 100% - 40% = 60%, and 60% × 10% = 6%.
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except media what else can provide job information
Answers
Answer:
see below
Explanation:
Other sources of job information are
1. Trade or professional associations
They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.
2. Family and friends working in different organizations
Close friends and relatives are an important source of information for vacancies existing in different workplaces.
3. Educational institutions
In some cases, employers share information on their available job opportunities with schools and colleges.
4. Career or employment agencies
Employment agencies have updated information on various labor requirements for different employers
Which of the following summarizes the essence of field work standards of GAAS?
A. Quality of professionals that perform an audit
B. Criteria for judging the quality of audit work
C. Whether the auditor was independent in conducting the audit
D. Whether the auditor reviewed the client's financial statements for adherence to GAAP
Answers
The correct answer is B. Criteria for judging the quality of audit work.
How does GAAS define field work standards?The answer is B. Criteria for judging the quality of audit work. Field work standards of Generally Accepted Auditing Standards (GAAS) establish the criteria by which the quality of audit work is assessed.
These standards guide auditors in planning, executing, and documenting their work to ensure a high level of quality and reliability. The field work standards focus on factors such as sufficient evidence gathering, proper application of auditing procedures, adequate supervision and review, and professional skepticism.
By adhering to these standards, auditors aim to obtain reasonable assurance about the accuracy and integrity of financial statements, providing stakeholders with confidence in the reliability of the audit process and the resulting financial information.
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a nurse is teaching a client who is rh negative about rho(d) immune globulin. which of the following statements by the client indicates an understanding of the teaching?
Answers
If the client indicates an understanding of the teaching, they would say something along the lines of: "So if I become pregnant and my baby is Rh positive, I will need to receive Rhogam to prevent my body from producing antibodies that could harm the baby."
If the client indicates an understanding of the teaching, they would say something along the lines of: "So if I become pregnant and my baby is Rh positive, I will need to receive Rhogam to prevent my body from producing antibodies that could harm the baby." The nurse should have explained that Rhogam is a medication given to Rh negative women during pregnancy to prevent their bodies from attacking the Rh positive fetus. If the client understands this concept, it shows that they have grasped the information provided by the nurse and can take steps to protect their future pregnancies. It is important for the nurse to ensure that the client fully understands the concept and can explain it back to ensure safe and effective care.
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When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies
instead. This situation is an example of the
The supply curve slopes upward because at a higher price, producers have
to produce more.
The price of shirts declines dramatically. Javier now feels richer and buys more shirts than he normally would. This
situation is an example of the
Answers
substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.
Answer: Here go the right answer and I got it right
Explanation:
When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies instead. This situation is an example of the substitution effect.
The supply curve slopes upward because at a higher price, producers have an incentive to produce more.
The price of shirts declines dramatically. Javier now feels richer and buys more shirts than he normally would. This situation is an example of the
income effect.
Advertising, sales promotion, public relations, and buzz building activities are all ________. A) channels that should be integrated under the concept of integrated marketing communications B) channels focused more on interactive marketing than traditional marketing C) promotional tools used for push strategies but not pull strategies D) promotional tools used for pull strategies but not push strategies
Answers
Answer:
B
Explanation:
Hope it helped you1
An and Bo are partnership together. They buy and renovate properties which they then rent out or sell to other people.
The business has been going for six years and is profitable. They want to expand the business to offer a maintenance And repairs service to both the private sector and public sector.
However, the partners do not have the capital needed for this expansion.
Bo’s sister, Jiao, has said that she is prepared to invest in the business in return for a share in the profits.
An and Bo are also considering changing the legal structure to a private limited company.
a. Identify two features of public sector organizations.
b. Identify two advantages and two disadvantages to An and Bo of being a partnership.
c. Explain two benefits to An and Bo of expanding their businesses.
d. Do you think the partners should become a private limited company? Justify your answer.
Answers
Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.
Give a brief account on partnership.a. Two features of public sector organizations.
Government funding: The public authority provides funding for public projects. They either belong to the public authority, which has claimed them, or the public authority owns a bigger portion of them. In some attempts, private ventures are also permitted, but the public authority, in a sense, performs the dominant role.Government Management: The public authority is in charge of regulating public enterprises. The government has occasionally started businesses in its own areas of expertise. In many situations, the government selects someone to handle the endeavors. In fact, the public authority divisions directly and implicitly bind even independent bodies.b. Two advantages of being in a partnership :
Bridging the Knowledge and Expertise Gap: By collaborating with someone, you may have access to a greater breadth of knowledge and expertise for many aspects of your organization. A solid partner might also contribute expertise and experience that you might be lacking, as well as complementing abilities that will aid in business expansion.More Money: A potential partner may inject additional funds into the company. The other individual might be more connected strategically than you are. This could assist your business in luring in new investors and raising further funds to expand. The correct company partner could also improve your capacity to obtain financing for business expansion.Two disadvantages of being in a partnership :
Liabilities: A partnership involves shared business losses and responsibilities for all business related debts, even if they incurred by the other partner. These obligations are in addition to sharing revenues and assets. Your assets and personal money may suffer as a result. In essence, you might be held accountable for choices your partner takes regarding the company. This may be one of the most important things to take into account while weighing the benefits and drawbacks of a partnership.Loss of Autonomy: Although you probably like having complete control over your company, under a partnership, you would now share that control with a partner and make crucial choices together.c. Two benefits to An and Bo of expanding their businesses :
capable of increasing sales and profitability.can access new markets or customers.d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.
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a good intended for final use by consumers rather than business
Answers
Answer:
A consumer good is a product intended for final use by a consumer.
Explanation:
Consumer good: a good intended for final use by consumers rather than by businesses
The organization that works with companies on recalls of unsafe products (such as lead-paint laden Thomas the Train toys) is
Answers
The organization that works with companies on recalls of unsafe products is known as The Consumer Product Safety Commission (CPSC)
What is Consumer Protection?This refers to the agency or body that is charged with the quality of goods and/or services that consumers buy and use.
Hence, we can see that the Consumer Product Safety Commission (CPSC) in America is the agency that is charged with helping with the safe recall of defective or unsafe products to protect the consumers.
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If I Want to be a Child Pycoligest, what would the steps be to become this.
Answers
Answer:
................
Explanation:
Step 1: Three-year accredited undergraduate psychology sequence.
Step 2: Fourth-year accredited psychology studies.
Step 3: Internship pathway or postgraduate study to general registration.
Asmeret works as a hotel manager for a popular family resort and casino in Atlantic City, New Jersey. During the summer, hotel managers aim for an occupancy rate of at least 85% to ensure that overhead costs are covered. The resort is known for its quality services; guests generally return an average of three times during the summer and use their rewards and loyalty cards during their stays. On this particular day, Asmeret is quite stressed because the occupancy rate is only 65%. If the hotel fails to sell at least an additional 20% of the available rooms, she might be in some trouble. Required: Which aspect of a service is best illustrated in the scenario?
A) Services are perishable.
B) Service standards show wide variation.
C) Services are inseparable from service providers.
D) Companies cannot easily standardize the services they provide.
E) Buyers play an important role in the creation and distribution of services.
Answers
Answer: A) Services are perishable
Explanation:
The aspect of a service is best illustrated in the scenario is that services are perishable.
Perishability is a term that is used in marketing and it implies that the capacity of service cannot be stored and sold in the future. Once services have been used, they cannot be saved, returned or stored.
Once services has been rendered to a customer, it has been then consumed and it can't be delivered to another person. Other characteristics of services are inseparability, variability and intangibility.
Which is an environmental cost of moving contaminating industries from developed countries to developing countries?
Answers
Moving contaminating industries from developed countries to developing countries can result in increased pollution, environmental degradation, and adverse health impacts in the receiving countries due to weaker environmental regulations.
One of the environmental costs of relocating contaminating industries from developed countries to developing countries is the potential for increased pollution and environmental degradation in the receiving countries. This transfer often occurs due to weaker environmental regulations and enforcement in developing nations.
The lack of stringent controls may result in higher emissions of pollutants, improper waste disposal, and unsustainable resource extraction practices. These activities can lead to air and water pollution, deforestation, soil degradation, and negative health impacts on local communities.
Additionally, the movement of contaminating industries may contribute to a global "pollution haven" effect, where environmental damage is simply shifted from one region to another rather than being mitigated.
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PLEASE HELP WITH THIS DISCUSSION
Labor unions have an important place in American history, and opinions about them vary significantly from person to person. Given the opportunity, would you join a labor union? Why or why not? What do you know about labor unions that would help you make that decision?
Answers
Labor unions emerged in the United States during the Industrial Revolution when workers faced unsafe working conditions, long hours, and low pay. Unions gave workers the power to negotiate better wages, benefits, and working conditions through collective bargaining.
If you are considering joining a union, it is important to research the benefits and drawbacks of union membership. Some benefits of being in a union include job security, better pay and benefits, and protection against workplace discrimination. However, unions can also have drawbacks such as mandatory union dues, potential conflicts with management, and the possibility of strikes or work stoppages. Ultimately, whether or not to join a union is a personal decision that depends on your individual circumstances and values.
If you are considering joining a union, it may be helpful to research the union's history, reputation, and current activities to determine if it aligns with your goals and values.
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Jackson is preparing for his hearing before the Federal Communications Commission (FCC) involving a complaint that was filed against him by the FCC regarding the interruption of radio frequency. The order to "cease and desist" using the radio frequency has had a detrimental impact on his business.
The Federal court, through stare decisis, will look to precedent in ruling on Jackson's case.
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
No, the court will start with a clean slate in reaching a decision regarding Jackson's case.
Answers
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
The court has scheduled hearing which Jackson has to attend. In this case the court will look into details of the matter and then find out the decision. If there are some difficulties in concluding the case then references will be taken from previous cases whose decisions has been decided.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
I did the assignment in edge 2021.
Which of the following should NOT be used as a piece of personal protective equipment when using pesticides?
Answers
Answer:
Explanation:shorts
It is the idea being transmitted by the sender to the receiver. It includes three aspects — content , structure and style
Answers
Answer:
decodes and feedback.
Explanation:
It is a message since it is written or recorded words or information sharing or ideas conveyed by the sender to the receiver. It includes information and communication, how important and useful information is, and can be read in order to understand it. The structure of a message is tone.
The Style includes how the sender composes and writes a message.
Message is the idea being transmitted.
A Message is a form of communication sent to a recipient who is not present physically and its can be in verbal, written or recorded form.
Message is one of the essential elements of communication process. The other process includes Sender, Encoding, Interference, Communication channel, Receiver, Decoding and Feedback
Roughly, there are 3 purposes for passing message
To inform people of certain subject.To persuade others to do one biddingTo builds one's goodwill.Learn more about Communication process here
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are partnerships that provide professional and noncommercial assistance or advice.
Trading partnerships
Non-trading partnerships
General partnerships
Hi Special partnerships
Answers
Answer:
Non-trading partnerships
Explanation:
The non-trading partnership is a partnership that provides the professional and uncommercial advice or suggestions in terms of legal, medical, accounting, etc. Here all the partners have an active role for managing the business also they have unlimited liability with respect to any claim that against the firm
Therefore as per the given situation, the second option is correct
The management function that anticipates trends, then determines strategies and tactics to achieve them is:.
Answers
Planning corresponds to the management function that anticipates trends and determines strategies to achieve organizational goals and objectives.
PlanningIt is the identification of the strategy that will help a company to achieve its marketing objectives, be well positioned and competitive in the market.
Managers who will develop a company's strategic, tactical and operational planning must understand its set of values and resources and use them optimally in the form of specific actions to achieve efficiency that will make a company successful.
The correct answer is:
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A type of entry mode that is common in the chemical, pharmaceutical, and petroleum-refining industries in which a contractor agrees to handle every detail of a project for a foreign client is called ______.
Answers
The turnkey project enables the contractor tp agrees to handle every detail of a project to the foreign client.
A Turnkey project refers to a project designed and constructed in a way to allows sales to potential buyer as a completed product.\
A large numbers of government-owned public housing projects are turnkey projects
So, in turnkey project, the contractor will agrees to handle every detail of a project to the foreign client because it has been sold by the owner.
Therefore, the correct answer is Turnkey project.
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If a company pays an energy consultant just for a set period to complete a
job, the consultant is not actually a permanent employee.
True
False
Answers
........
What is the interest owed on a loan of $100 at 10% for 3 months?
Answers
Answer:
$2.50
Explanation:
The information is somewhat incomplete. It does not state whether simple or compound interest which could make a difference
I am assuming simple interest
The formula for simple interest is
I = Prt
where I is interest
P is amount of loan
r is annual rate of interest expressed as a decimal
t = number of years
We are given
P = $100
r = 10$ = 10/100 = 0.10
t = 3 months = 3/12 year = 1/4 th of a year
I = 100 x 0.10 x 1/4 = $2.50
Using the industry from the PepsiCo case, explain the major factors that enter into an assessment of whether an industry does or does not have long-term attractiveness? Can an industry be attractive to one company and unattractive to another? Why? How does a company develop a competitive capability and then the ultimate competitive advantage?
Answers
The major factors that enter into an assessment of whether an industry does or does not have long-term attractiveness include market size, growth rate, profitability, competition, barriers to entry, and technological advancements. Yes, an industry can be attractive to one company and unattractive to another. By focusing on its core competencies, leveraging its strengths a company can develop a competitive capability.
If an industry has a large market size, high growth rate, and high profitability with limited competition and high barriers to entry, it is more likely to be attractive for long-term investment. On the other hand, industries with small market sizes, slow growth rates, low profitability, intense competition, and low barriers to entry are less attractive.
Yes, an industry can be attractive to one company and unattractive to another based on their strengths, weaknesses, and strategic goals. For instance, a company with a strong brand and marketing capabilities may find the beverage industry attractive, while another company with expertise in logistics may find the transportation industry more attractive.
To develop a competitive capability and ultimate advantage, a company needs to focus on its core competencies, leverage its strengths, and differentiate itself from competitors. This can be achieved by investing in research and development, building a strong brand, creating strategic partnerships, improving operational efficiency, and adopting new technologies. Additionally, companies must continually adapt and innovate to stay competitive in the long run.
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external factor that should be considered when forecasting to determine the number of people to be recruited is called
Answers
One of the key external factors that should be considered when forecasting is the state of the economy. In a strong economy, there may be a high demand for labor, and organizations may need to compete more fiercely to attract and retain talent. Conversely, in a weak economy, there may be a surplus of available workers, and organizations may have a greater pool of candidates to choose from.
Another external factor that should be considered is demographic trends, such as the aging of the workforce or changes in population growth. These trends can impact the availability of qualified workers, as well as the types of skills and experience that are most in demand.
Other external factors that may be important to consider when forecasting include technological advancements, changes in industry regulations, and the availability of education and training programs. By taking these external factors into account, organizations can develop a more accurate and comprehensive picture of the labor market and the specific workforce needs of their organization.
By analyzing economic trends, demographic changes, technological advancements, and other external factors, organizations can develop a more accurate and comprehensive forecast of their workforce needs, and plan accordingly to ensure that they are able to attract and retain the right talent to support their business goals.
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need asap plz!!! Questlon 5 of 10 Which statement best describes the idea of the law of supply? A . The supply of a product decreases as its price increases B. The demand for a product decreases as its supply decreases. C. The demand for a product increases as its price increases. D. The supply of a product increases as its price increases SUBMIT
Answers
Answer:
D. The supply of a product increases as its price increases
Explanation:
Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price. The law of supply explains the relationship between price and the quantity suppliers are willing to sell.
The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity. Suppliers are profits motivated. A price increase results in higher profits hence more supply.