According to Phelps, since unemployment tends toward its natural rate, policy makers can achieve permanently lower inflation without permanently higher unemployment.
To explain further, when there is a negative shock to aggregate demand causing a decline in future inflation and a decline relative to its potential, an appropriate policy response to stabilize prices would be an expansionary monetary policy to keep inflation from falling.
This involves measures like lowering interest rates or increasing the money supply, which stimulate economic activity and help prevent deflation.
By doing so, policy makers can aim for lower inflation without causing a long-term increase in unemployment, as the economy eventually adjusts to the new inflation level and returns to its natural rate of unemployment.
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describe your management experience , including a time you effectively resolved a difficult situation from a management capacity
Answer:
I managed workers of seven in the associate degree info Services department whose responsibilities enclosed delivering specifications and software package to internal purchasers. My role was that of PM or Project Manager, and my responsibilities enclosed one. guaranteeing every staffer was alert to their specific duties, 2. maintained the relevant timelines and ensured every team-member's deliverables arrived on time, 3. arranged, coordinated, and crystal rectifier conferences to debate current and approaching come, and 4. maintained knowledgeable and cozy social atmosphere for my workers.
One of the tougher problems I Janus-faced was after we employed a very bright developer whose my leader had W2'd in from the Asian nation. though he was very precocious in development of the cultural variations between his land and our mostly-female dev team quickly became telling. Sensing the growing hostility in my work cluster, and distinctive the problem, I quietly organized for the W2 worker to attend a cultural sensitivity coaching seminar (couching it as a necessary attend for all employees), and taking aside the pained parties and asking in a well-mannered way to figure with Maine on desegregation him. In the end, he came to a lot of embarrassed, apologized, and our team ran like mechanism thenceforth
What is the Congress or Legislative branch?
Answer:
The legislative branch is made up of the House and Senate, known collectively as the Congress. Among other powers, the legislative branch makes all laws, declares war, regulates interstate and foreign commerce and controls taxing and spending policies.
Explanation:
What's the first step that router Z does after receiving the Ethernet frame?
Z checks the FCS on the Ethernet frame first thing after starting up. It drops the packet if it isn't good. Following that, it examines the packet's Ethertype.
After accepting the Ethernet frame, what does Router Z do next?A checksum is calculated, and its value is compared to the checksum in the Ethernet frame header. returns the packages to router Y so that it can confirm them a broadcast message over ARP is sent the IP datagram is left after the Ethernet frame has been removed.
What occurs right away upon a frame's receipt by an Ethernet switch?The switching software analyzes each frame's source address as it is received on each port and adds that source address to a table of addresses that the switch keeps on hand.
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Identify a possible career choice for your future. Research the academic skills that you would need to succeed in that career. Then, in a five-paragraph essay, describe those skills, and how you could begin developing them now.
A career that I am interested in pursuing in the future is Data Science. Data Science is a field that involves using statistical and computational methods to extract insights and knowledge from data. This can be used in a variety of industries, including healthcare, finance, marketing, and technology, to name a few.
To succeed in a career as a Data Scientist, a number of academic skills are necessary. Firstly, a strong foundation in mathematics, particularly in statistics, is critical. This includes knowledge of probability theory, hypothesis testing, regression analysis, and Bayesian methods. Secondly, proficiency in computer programming is also essential, particularly in languages such as Python or R, which are commonly used for data analysis and visualization. Familiarity with databases and SQL is also important for retrieving and manipulating data.
Thirdly, the ability to communicate results and insights effectively is crucial, as the insights derived from data analysis can be used to drive decision-making within an organization. This requires strong writing and presentation skills, as well as the ability to convey technical concepts to a non-technical audience. Finally, a curious and analytical mindset is essential, as Data Scientists are often tasked with exploring large datasets and finding patterns and relationships within the data.
To develop these skills now, there are a number of steps that can be taken. Firstly, taking courses in statistics, mathematics, and computer science can help build a strong foundation in the required areas. Practicing programming, either through online tutorials or personal projects, can help to develop proficiency in a programming language. Additionally, participating in data analysis projects, either in a school or community setting, can provide valuable hands-on experience.
In conclusion, Data Science is a fascinating and in-demand field that requires a range of academic skills, including a strong foundation in mathematics, proficiency in programming, the ability to communicate effectively, and a curious and analytical mindset. By taking courses and participating in projects now, it is possible to develop these skills and prepare for a future career in this exciting field.
Question 12 of 20 How is an equilibrium price determined? A. By finding a price that meets the highest quantity supplied by producers B. By finding a price that exceeds the expenses producers take on to create supply C. By finding a price that meets the highest quantity demanded by consumers D. By finding the price where quantity supplied matches quantity demanded
Answer:
D. By finding the price where quantity supplied matches quantity demanded
Explanation:
The equilibrium price refers to a price where there is no excess or shortage in demand and supply. Both sellers and buyers are happy to trade the current volumes at the stated price. In a graphical presentation, the equilibrium price is the point at which the demand and supply curves intersect.
The equilibrium price is the prevailing market price where demand matches supply.
a firm has 5 million shares outstanding with a market price of $25 per share. the firm has $15 million in extra cash (short-term investments) that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. what is the firm's value of operations after the repurchase? enter your answer in millions. for example, an answer of $1 million should be entered as 1, not 1,000,000. round your answer to the nearest whole number.
By multiplying the business's price-earnings a couple of via the business's salary per share for the year, you can arrive at a per-share charge for the first-rate stock.
Multiply that amount by the wide variety of fantastic shares to decide the cost of the corporation.
What is the complete fee of company?Enterprise fee (EV) measures a company's whole value, often used as a extra comprehensive choice to fairness market capitalization. Enterprise cost consists of in its calculation the market capitalization of a employer but also short-term and long-term debt and any money on the company's stability sheet.
Why is corporate value important?Company values are the leading ideas of an enterprise that replicate the organization's company and culture. They decide an organization's internal and exterior standards, which is represented in the way of life and approach. These beliefs are the binding aspect between the enterprise and its employees.
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Answer:both a and c
Explanation:
i did the quiz
Explain how you will approach planning, organizing, staffing,
influencing, and controlling so that coordination is truly their
"by-product" rather than becoming another managerial function
To ensure that coordination becomes a natural by-product of the managerial functions of planning, organizing, staffing, influencing, and controlling.
it is important to adopt a holistic and integrated approach to management. Here's how you can approach each function to promote effective coordination:
Planning:
Foster cross-functional collaboration: Involve representatives from different departments or teams in the planning process to ensure diverse perspectives and create a shared understanding of organizational goals and objectives.
Establish clear communication channels: Develop mechanisms for open and transparent communication to facilitate the exchange of information and ensure everyone is aligned with the overall plan.
Identify interdependencies: Identify areas where activities or decisions of one department or team can impact others and plan accordingly to promote synchronization and minimize conflicts.
Organizing:
Design flexible organizational structures: Create organizational structures that encourage cooperation and collaboration across departments. Promote cross-functional teams or matrix structures to facilitate coordination between different areas of the organization.
Clarify roles and responsibilities: Clearly define roles and responsibilities for individuals and teams to minimize confusion and conflicts. Emphasize the interdependencies and connections between roles to promote coordination.
Staffing:
Foster a culture of collaboration: During the recruitment and selection process, prioritize candidates who demonstrate strong teamwork and collaboration skills. Encourage employees to work together, share knowledge, and support each other.
Promote diversity and inclusion: Build teams with diverse backgrounds, skills, and perspectives. A diverse workforce can bring different ideas and approaches, fostering creativity and innovation while challenging groupthink.
Influencing:
Promote shared vision and values: Develop a compelling vision and clearly communicate the values and goals of the organization to all employees. Align individual and team objectives with the overall vision to create a sense of purpose and unity.
Develop strong leadership: Encourage leaders to lead by example, promoting collaboration, and actively breaking down silos. Effective leaders inspire and motivate their teams to work together towards common objectives.
Controlling:
Implement performance metrics: Establish performance metrics that encourage collaboration and coordination. Measure not only individual performance but also team or departmental achievements that require effective coordination.
Regular feedback and communication: Foster a culture of continuous feedback and open communication. Regularly share information, provide updates, and address any issues or concerns that may impact coordination.
By incorporating coordination as an underlying principle throughout these managerial functions, organizations can create an environment where coordination becomes a natural outcome, rather than an additional managerial function. It requires fostering a collaborative culture, effective communication channels, and aligning individual and team goals with the broader organizational objectives.
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When price increases, quantity supplied
Answer:
Why does quantity supplied increase when price increases? With increase in Price, Suppliers will provide a higher Quantity. If the Price is set above the Equilibrium Price, then the Quantity Supplied will be higher than the Quantity Demanded and there will be a surplus which will drive the Price back to the Equilibrium Price.
Explanation:
A deli i trying out new label for their cylindrical-haped wheel of cheee. The label cover the entire wheel except the circular top and bottom. If the wheel ha a radiu of 20 centimeter and a height of 18 centimeter, how many quare centimeter of the wheel doe the label cover? (Approximate uing pi equal 22 over 7)
1,760 over 7 quare centimeter
15,840 over 7 quare centimeter
33,440 over 7 quare centimeter
267,520 over 7 quare centimeter
The required area that the label would cover is given as 15,840/7 \(\mathbf{cm^{2}}\).
The correct option is option b.
As mentioned in the question,
The wheel has a radius of 20 centimetres and a height of 18 centimetres,
What is surface area?Any shape's surface area, also known as the amount of area covering a 3D shape's exterior, is the portion of the shape that is exposed.
here,
Area of the label, = 2πrh
Substitute the value in the above formula,
Area of the label = 2 × 22 / 7 × 20 × 18
Area of the label =15,840/7 \(cm^{2}\).
Thus, the required area that the label would cover is given as 15,840/7 \(cm^{2}\).
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The label is 15,840 over 7 square centimeters of the wheel surface area.
Any shape's surface area, also known as the amount of area covering a 3D shape's exterior, is the portion of the shape that is exposed.
here, Area of the label, = 2πrh
Substitute the value in the above formula,
Area of the label = 2 × 22 / 7 × 20 × 18
Area of the label =15,840/7 . the required area that the label would cover is given as 15,840/7 . A three-dimensional shape's surface area is the sum of all of its faces. Finding the area of each face and adding them together gives us the surface area of a shape. The quantity of space enclosing a three-dimensional shape's exterior is its surface area.
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Tracey decides to lease a car for two years. She puts $0 money down and pays $209.15 per month. At the end of the lease, Tracey can buy the car for $11 000. The selling price of the car today is $13 500. What is the total cost of the car if Tracey buys it at the end of the lease?
Answer:
$16,019.6
Explanation:
The amount of money Tracey puts down for the car = $0
The amount Tracey pays each month for the lease the car = $209.15
The number of years Tracey leases the car = 2 years
The amount at which Tracey can buy the car at the end of the lease, Pp = $11,000
The selling price of the car today = $13,500
The total amount Tracey pays while leasing the car for two years, L = $209.15/month × 2 years × 12 months/year = $5,019.6
The total cost of the car if Tracey buys it at the end of the lease, C = Pp + L
∴ C = $11,000 + $5,019.6 = $16,019.6
The total cost of the car if Tracey buys it at the end of the lease, C = $16,019.6.
Lopez Industries is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions): Net Sales Revenue Cost of Goods Sold Average Inventory 2017 $ 5,000 4,430 500 2018 $ 4,460 3,940 450 Required: 1-a. Calculate the inventory turnover ratio for 2018 and 2017. 1-b. Calculate the average days to sell inventory for 2018 and 2017. 2. Did inventory turnover at Lopez improve or decline in 2018? 3. Calculate the 2018 gross profit percentage. 4. The main competitor for Lopez is Arctic Cat. Prior to being acquired by Textron, Incorporated, Arctic Cat reported its inventory turnover was 4.7 and its gross profit percentage was 5.3 percent. Why was Arctic Cat more likely than Lopez to require a write- down for LCM/NRV? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Reg 2 Req3 Req 4 Calculate the inventory turnover ratio for 2018 and 2017. (Round your answers to 1 decimal place.) Times per Year 2018 2017 Inventory Turnover Ratio
The inventory turnover ratio for 2018 and 2017 is approximately 8.76, and the average days to sell inventory for 2018 and 2017 is approximately 41.74 day
To calculate the inventory turnover ratio and average days to sell inventory, we need to use the following formulas:
1-a. Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
1-b. Average Days to Sell Inventory = 365 days / Inventory Turnover Ratio
Given the following information for Lopez Industries:
2017:
Net Sales Revenue = $5,000 million
Cost of Goods Sold = $4,430 million
Average Inventory = $500 million
2018:
Net Sales Revenue = $4,460 million
Cost of Goods Sold = $3,940 million
Average Inventory = $450 million
Let's calculate the inventory turnover ratio and average days to sell inventory for 2017 and 2018.
For 2017:
Inventory Turnover Ratio = $4,430 million / $500 million = 8.86
Average Days to Sell Inventory = 365 days / 8.86 = 41.24 days
For 2018:
Inventory Turnover Ratio = $3,940 million / $450 million = 8.76
Average Days to Sell Inventory = 365 days / 8.76 = 41.74 days
Therefore, the inventory turnover ratio for 2018 and 2017 is approximately 8.76, and the average days to sell inventory for 2018 and 2017 is approximately 41.74 days.
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According to the resource-based view of a firm, what are defined as any asset, capability, or competency that a firm can draw upon when formulating and implementing strategy?
Resources are any asset, capability, or competency that a firm can use to develop and implement strategy, according to the resource-based perspective of a firm.
What are implementing strategies?Physical resources like manufacturing facilities and equipment, financial resources like cash on hand and credit lines, human resources like skilled labour and managerial skills, and intangible resources like intellectual property, brand reputation, and organisational culture can all be considered among these resources. The resource-based perspective highlights the significance of these resources in establishing a firm's persistent competitive advantage since they enable the establishment of distinctive talents and competencies that are challenging for rivals to imitate. A company may add value for customers, make money, and succeed in its industry over the long run by using its resources.
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15. Business-Depreciation. A farmer buys a new tractor for $157,000 and assumes that it will have a trade-in value of $82,000 after 10 years. The farmer uses a constant rate of depreciation (commonly called straight-line depreciationone of several methods permitted by the IRS) to determine the annual value of the tractor. (A) Find a linear model for the depreciated value V of the tractor t years after it was purchased. (B) What is the depreciated value of the tractor after 6 years? (C) When will the depreciated value fall below $70,000 ? (D) Graph ∨ for 0≤t≤20 and illustrate the answers from parts (B) and (C) on the graph.
(A) The linear model for the depreciated value V of the tractor t years after it was purchased is V(t) = -7,500t + 157,000.
To find the linear model for the depreciated value of the tractor, we need to determine the rate at which it depreciates each year. The farmer assumes a constant rate of depreciation, which means the value decreases by the same amount each year.
We can calculate the depreciation rate by subtracting the trade-in value from the purchase value and dividing it by the number of years. In this case, the depreciation rate would be (157,000 - 82,000) / 10 = 7,500.
Since the tractor depreciates by $7,500 each year, we can express its value as a linear function of time. The general form of a linear function is y = mx + b, where m is the slope and b is the y-intercept. In this case, the slope (m) is -7,500 (negative because the value decreases), and the initial value (b) is 157,000.
Therefore, the linear model for the depreciated value V of the tractor t years after it was purchased is V(t) = -7,500t + 157,000.
To answer part (B), we substitute t = 6 into the linear model equation and solve for V(t). V(6) = -7,500 * 6 + 157,000 = $112,000. Therefore, the depreciated value of the tractor after 6 years is $112,000.
To answer part (C), we set V(t) = 70,000 and solve for t. -7,500t + 157,000 = 70,000. Simplifying the equation, we get -7,500t = -87,000, and dividing by -7,500, we find t = 11.6. Therefore, the depreciated value will fall below $70,000 after approximately 11.6 years.
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Antitrust laws have been implemented by governments to promote _____.
A. price fixing
B. competition
C. monopolies
D. bid rigging
Antitrust laws are implemented by both federal and state governments to promote B. Competition among firms.
Without these Antitrust laws implemented by governments, some companies will stifle competition and tend towards monopolies. Antitrust laws check collusion among market players who may engage in price fixing and other anti-competition practices against consumers. Particularly, these Antitrust laws frown on the formation of cartels and the concentration of economic power in fewer hands.Thus, Antitrust laws are not implemented to promote price fixing, monopolies, or bid rigging but to promote competition.
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Answer:
B. competition
What needs to happen to the money supply to recession?
Answer:
In order for your money suppy to recession you need credit.
Explanation:
Your credit needs to be good.
Leslie McCormack is in the spring quarter of her freshman year of college. She and her friends already are planning a trip to Europe after graduation in a little over three years. Leslie would like to contribute to a savings account over the next three years in order to accumulate enough money to take the trip. Assume an interest rate of 18%, compounded quarterly. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) How much will she accumulate in three years by depositing $780 at the end of each of the next 12 quarters, beginning three months from now
By depositing $780 at the end of each of the next 12 quarters, beginning three months from now, Leslie will accumulate approximately $14,921.03 in three years.
How much money will Leslie accumulate in three years?To determine how much Leslie will accumulate in three years by depositing $780 at the end of each of the next 12 quarters, beginning three months from now, we can calculate the future value of an ordinary annuity using the appropriate factor from the tables provided.
First, we need to find the factor for the future value of an ordinary annuity (FVA) with an interest rate of 18% compounded quarterly and 12 periods.
From the provided tables, the FVA factor for 18% interest and 12 periods is 19.1291.
Next, we multiply the quarterly deposit amount of $780 by the FVA factor of 19.1291 to calculate the total accumulation.
Total Accumulation = $780 * 19.1291 = $14,921.03
Therefore, Leslie will accumulate approximately $14,921.03 in her savings account in three years by depositing $780 at the end of each of the next 12 quarters, beginning three months from now.
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Advantages and Disadvantages of GMO and non modified pumpkins? One paragraph
Answer:
10 Advantages and Disadvantages of GMOs
They offer more useful knowledge for genetics. ...
They allow for more profit. ...
They add more value to crops. ...
They are known to decrease the prices of food. ...
They yield products that are found to be safe. ...
They would make plants that leave unwanted residual effects to remain in the soil for a long period of time.
elobrate on the tertiary sector
Answer:
Explanation:
The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of: the non-market sector (public administration, education, human health, social work activities).
Answer:
Tertiary Sector is a sector which does not include agriculture and industries in it, however, it includes banking, communication, power, education, health etc.
Explanation:
Tertiary activity consists of all service occupations. Transport, communication, trade, health, education and administration are important examples of tertiary activities. These tertiary activities help in the development of the primary and secondary sectors.
Fair Use has specific guidelines. Check all that apply. All are violations of Fair Use. Use for nonprofit This is correct. In addition, Fair use only applies when using work for school and education, news reporting, criticizing or commenting, comedy, and parody. Use it in a different way by reworking it Even though fair use only applies when using work for school and cducation, news reporting, criticizing or commenting, and comedy. and parody, it must still be reworded.
Fair Use has specific guidelines. Check all that apply. All are violations of Fair Use. Use for nonprofit.
Fair use is a legal doctrine that allows limited use of copyrighted material without seeking permission from the copyright owner. However, there are specific guidelines that need to be followed for a use to be considered fair. One such guideline is the use for nonprofit purposes. When a work is used for nonprofit purposes, such as education or research, it is more likely to be considered fair use. This means that if someone uses a copyrighted work in a nonprofit context, it can be considered a valid fair use.
Additionally, fair use also applies in other situations such as using the work for school and education, news reporting, criticizing or commenting, comedy, and parody. These purposes are considered transformative in nature and serve a public interest. When a work is used for any of these purposes, it can be deemed fair use, as long as the other factors of fair use are also taken into account.
However, it's important to note that even when using a work for one of the permissible purposes mentioned above, it must still be reworked or transformed in some way. Simply using a work verbatim or without any substantial changes would likely be considered a violation of fair use. Fair use is intended to promote creativity, innovation, and the free exchange of ideas, but it also aims to strike a balance between the rights of copyright holders and the public interest.
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Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?
The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.
Answer:
The chart is placed in a database with five groups.
Hope this helped.
What is application software used for?
A. To help computer users apply their knowledge in new ways
B. To help computer users fill out employment applications
C. To make certain tasks easier for the computer user
O D. To make certain tasks more challenging for the computer user
Answer:
c I'm pretty sure
hope this helped!
True or false is April 15th is an important date for people who have a job.
Answer:
true
Explanation:
its Tax Day so they are very busy
By 1825, textile mills using power looms (both steam and water) were operating in New England. The earliest and most famous of these in Lowell at first
A) used primarily immigrant labor - men experienced with the machinery in the mills in England.
B) used local farm boys trying to earn enough to settle in the West.
C) used young unmarried farm women, carefully supervised, who had a chance to earn money for their dowries.
D) all of the above are true.
C) used young unmarried farm women, carefully supervised, who had a chance to earn money for their dowries.The textile mills in Lowell, Massachusetts that emerged in the early 19th century were unique in their use of young unmarried women, predominantly from rural areas, as a primary source of labor.
These women were typically between the ages of 15 and 30, and were recruited to work in the mills through advertisements and personal networks. The mills provided these women with lodging, meals, and a small salary, as well as the opportunity to earn money to save for their eventual marriages and the accompanying dowry.
The working conditions in these mills were closely supervised, and the women were subject to strict codes of conduct and morality. They were required to live in boarding houses run by women who enforced strict curfews and other rules. Despite the restrictions placed on them, many women saw working in the mills as an opportunity to gain financial independence and improve their prospects for marriage. The Lowell mills became a model for the industrialization of textile production, and the use of young, unmarried women as laborers set a precedent for the factory system that would become widespread in the United States.
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An advantage of using capital in the production process is that it:.
I WILL GIVE BRAINLIEST!!!
A wholesaler-especially one that promotes as well as physically distributes
products or that has an exclusive agreement is often called a
O A distributor
B. manufacturer's sales branch
O C. broker
D. drop shipper
Answer:
A . Distributor
Explanation:
I just had this question lol >.<
- mark me brainliest :0
A distributor acts as a link in the supply chain or distribution channel between a manufacturer, who produces a product, and an entity further down the line. The downstream company can either be a wholesaler or retailer, known as a value-added reseller (VAR).
Thus, option A is Correct.
What is the distributor's procedure?A distributor purchases products from a producer and sells them to customers, occasionally via stores in the distribution channel. Distributors can sell goods directly to consumers or to other firms, depending on the good or service.
A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection. Distributors are essential in assisting manufacturers in reaching markets that they would not otherwise be able to approach.
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Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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Nokia's dramatic operational change and demonstration of organizational adaptability in transforming their business from wood pulp and logging to communications is one of the best examples of which innovation characteristic
Answer: Thinking laterally
Explanation:
Lateral thinking simply refers to an indirect way of solving problems. It typically involves a new and creative way of doing something.
This can be seen in Nokia's dramatic operational change and demonstration of organizational adaptability in transforming their business from wood pulp and logging to communications.
Lateral thinking is a new and innovative wa of doing something that's quite different from how others do it. This usually gives an organization a competitive advantage over its rivals.
A = P + I where
P (principal) = $ 10,000.00
I (interest) = $ 3,366.37
Answer:
A = $ 13,366.37
Explanation:
First, convert R percent to r a decimal
r = R/100
r = 3.875%/100
r = 0.03875 per year,
Then, solve an equation for A like this:
A = P(1 + r/n)nt
A = 10,000.00(1 + 0.003229167/12)(12)(7.5)
A = $ 13,366.37
Summary:
P + I = $ 13,366.37
a company had average total assets of $990,000. its gross sales were $1,122,000 and its net sales were $905,000. the company's total asset turnover equals:
The company's total asset turnover, which is 1.13, shows that it is making effective use of its assets to produce sales.
What is asset?A resource that belongs to a person or business and has a monetary worth is known as an asset. Examples include cash, stocks, bonds, real estate, machinery, intellectual property, and accounts receivable. Intangible assets like goodwill, brand awareness, and copyrights can also be considered assets. Current assets, which may be swiftly converted into cash, and long-term assets, which have a longer lifespan, are the two basic categories into which assets are traditionally separated.
Total Asset Turnover = Gross Sales / Average Total Assets
Total Asset Turnover = $1,122,000 / $990,000
Total Asset Turnover = 1.13
Total asset turnover is a metric for gauging how effectively a business uses its assets to drive revenue. It is computed by dividing the entire annual revenues of the company by the average annual total assets. In this instance, the company's gross revenues were $112,000 and its average total assets were $990,000. Accordingly, the company's total asset turnover is 1.13, which shows that it is making effective use of its assets to produce revenue.
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