aggregate supply is the relationship between the quantity of _____ supplied and the _____ when all other influences on production plans remain the same.
Answers
Aggregate supply is the relationship between the quantity of goods and services supplied and the price level when all other influences on production plans remain the same.
Aggregate supply refers to the total quantity of goods and services that producers are willing and able to supply at a given price level. The relationship between the quantity of goods and services supplied and the price level is known as the aggregate supply curve.
The aggregate supply curve shows the quantity of goods and services that firms are willing and able to produce at different price levels, holding constant all other factors that affect production plans, such as technology, factor prices, and input costs.
In the short run, the aggregate supply curve is upward-sloping, indicating that firms can increase production as prices rise due to nominal wage rigidity and other factors. In the long run, the aggregate supply curve is vertical, indicating that the level of output is determined by the economy's potential output and is independent of the price level.
To know more about aggregate supply, refer here:
https://brainly.com/question/31191847#
#SPJ11
Related Questions
marcia strongly believes that loyalty in a relationship is very important. at her job, she is a purchasing agent. what two sets of ethical standards are in conflict for marcia
Answers
Answer: “Personal and organized” is the answer you’re looking for
Explanation: got it right on A PEX
The problems of ineffective communications in business
Answers
Answer:
Misunderstandings: When communication is unclear or ambiguous, it can lead to misunderstandings between employees, managers, or clients. This can cause delays, mistakes, and ultimately, loss of productivity and revenue.
Poor teamwork: Effective communication is essential for effective teamwork. If team members are unable to communicate effectively with one another, they may fail to collaborate and coordinate their efforts, leading to poor performance and results.
Low morale: When communication is ineffective, it can create a negative work environment and lead to low employee morale. This can result in a lack of motivation, decreased productivity, and high turnover rates.
Customer complaints: Poor communication with customers can result in complaints and loss of business. Customers who feel that their concerns or questions are not being addressed may take their business elsewhere.
Increased costs: Ineffective communication can lead to additional costs for a business, such as rework or waste due to misunderstandings or mistakes. This can negatively impact the bottom line and reduce profitability.
Overall, ineffective communication can have significant impacts on a business's productivity, profitability, and reputation. It is essential for businesses to prioritize effective communication strategies to avoid these problems and ensure success.
Explanation:
Help
Select the correct answer.
A farmer uses one pound of fertilizer to grow crops on his land. He decides to increase the amount of fertilizer added to the soil to three pounds to obtain a greater yield. The size of the garden and the amounts of seeds, water, and sunlight remain the same. The farmer keeps increasing the amount of fertilizer (to four, five, and six pounds, etc.), and continues to gain higher yields. However, since the other factors of production remain constant, the increase in crop yield is lower than the increase in a single factor of production (fertilizer). What is the term for this phenomenon?
A.
economic order quantity (EOQ)
B.
law of diminishing returns
C.
economy of scale
D.
labor productivity
E.
production control
Answers
Answer:
E
Explanation:
it most likely is production control
Which set of items appears on a loan estimate? Inspection contingency, legal property description, interest rate Interest rate, estimated monthly payment, estimated cash to close Credit score, inspection contingency, prepayment penalty Recommended repairs, estimated cash to close, private sewer and well disclosure
Answers
Answer:
Interest rate, estimated monthly payment, estimated cash to close
Explanation:
A loan estimate is a document that your lender/bank gives to you after you have applied for a loan (business, personal or mortgage). It must contain relevant information regarding the loan: interest charged by the bank, length of the loan, estimated monthly payment, estimated closing costs, insurance costs, applicable taxes, etc.
The lender must give you the loan estimate in 3 business days maximum, but it doesn't mean that it has approved or rejected your loan.
Which of the following is a style trend?
A. An increase in the population of young parents in a neighborhood
B. The popularity of a new type of jeans
C. An increased concern for protecting the environment
D. The popularity of cell phones that can access the Internet
Answers
B
Explanation:
Lauren had been working for microcorp for the past 20 years. At 45, lauren should have easily been a part of the upper management team and has consistently received great reviews. Her boss told her that she should color her hair to hide the gray and to wear more make-up to cover the wrinkles and maybe she would get promoted. This is an example of:
Answers
This is an example of ageism in the workplace, which is a form of discrimination based on a person's age. Lauren's boss is implying that her appearance is not up to the standards of the company and that she needs to conform to a more youthful and "polished" look in order to be considered for a promotion. This is unfair and inappropriate, as Lauren's skills and qualifications should be the determining factor in her career advancement, not her physical appearance.
Furthermore, this type of behavior can have negative consequences not only for the individual being targeted, but for the company as a whole. It can create a toxic work environment where employees feel undervalued and disrespected, leading to decreased morale and productivity. It can also lead to legal issues if the targeted employee decides to file a discrimination lawsuit.
It is important for companies to create a culture of inclusion and respect, where all employees are treated fairly and given equal opportunities for advancement. This can be achieved through education and training programs on diversity and inclusion, as well as implementing policies and procedures that prohibit discrimination based on age, gender, race, or any other protected characteristic. By valuing and respecting all employees, companies can create a more positive and productive workplace for everyone.
for more such questions on company
https://brainly.com/question/24553900
#SPJ11
Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
Answers
When a person’s outcome to input ratio is equal to a referent others, there is a state of equity. T/F
Answers
Equity exists when a person's output-to-input ratio is equal to that of a referent group of people. This statement is true.
Equity theory, developed by social psychologist J. Stacy Adams, suggests that individuals strive for fairness and equality in their social exchanges. According to this theory, people compare their own outcomes (such as rewards or benefits) and inputs (such as effort or contributions) with those of others whom they perceive as similar referents.
When an individual perceives their outcome-to-input ratio to be equal to that of their referent others, a state of equity is believed to exist. This means that the individual perceives their rewards and contributions to be fair and equitable in comparison to others in similar positions or roles. Equity is often associated with feelings of satisfaction and contentment, as individuals feel that they are being treated fairly and receiving what they deserve.
If the outcome-to-input ratio is imbalanced and unequal, individuals may experience a sense of inequity, which can lead to various psychological responses, such as feelings of injustice, resentment, or a desire to restore balance.
To learn more about equity
https://brainly.com/question/31458166
#SPJ4
How is being comfortable with risk and flexibility important to having an entrepreneurial mindset?
Answers
An entrepreneurial mindset is a set of skills that enable people to identify and make the most of opportunities, overcome and learn from setbacks, and succeed in a variety of settings. This means that being too stubborn and unyielding in your approach can be a recipe for stress and potential business disaster. Being flexible as an entrepreneur can provide you with an important competitive edge. It helps you to exploit opportunities as and when they arise. Successful entrepreneurs stick to the basic principles of risk management: They look for opportunities where if they fall short they lose only a certain value, but if they win they could stand to gain 10 times as much. And the best entrepreneurs never bet more than they can afford to lose. They always consider Plan B (as well as Plan C, D and E) in case the current program doesn’t work out as expected.
Hope that this gives some insight on the topic :)
This graph shows the relationship between the amount of two products a
company can make. This is also known as a(n):
Product A
7
3
A
VO
39
Product B
OA. opportunity cost graph.
OB. capital investment model.
OC. projected annual growth plan.
OD. production possibilities curve.
QB
65
Answers
The graph which shows the relationship between the amount of two products a company can make is also known as a production possibilities curve. The Option D is correct.
What is the use of production possibilities curve in economics?The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources between the production of two goods. Scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions can all be illustrated using the PPC.
Because the PPF is a curve based on two variables representing resources between two goods, the data can be manipulated to see how scarcity, growth, inefficiency, efficiency, and other factors affect production.
Read more about PPC
brainly.com/question/28193924
#spj1
Please help me, I’ll give brainliest
Which two things are workers in the Arts, A/V Technology, and Communications cluster most focused on? Check all that apply.
A.calculating
B.training
C.communicating
D.organizing
E.performing
Answers
Answer:
communicating and performing
Explanation:
i just answered it
The two things that workers in the Arts, A/V Technology, and Communications cluster focus on are C. communicating and E. performing
Workers in the cluster cannot focus on calculating, training, and organizing. These activities are left for the management cluster.
Workers in the Arts use creative and imaginative skills to perform and communicate the visual effects of their emotional expressions. Similarly, A/V (Audio/Video) Technology workers engage in the communication industry.
Thus, these Arts, A/V Technology, and Communications workers do not focus on calculating, training, and organizing because these activities are carried out at the higher level of the cluster.
Learn more about Arts and Communication at https://brainly.com/question/12370076
You are an American, working for a US hospital. The hospital sells services to a French hospital. Given a depreciation of the Euro, your French subsidiary (the one that receives the revenues from the French Hospital) received a lesser income last year, although a clause in your contract stipulates adjustment payment in US dollars. Therefore, your subsidiary has a balance sheet loss, although your consolidated global result is positive. This type of foreign exchange risk is known as:
Answers
Answer:
translation exposure
Explanation:
Translation exposure is also known as translation risk. In this type of risk, the value of a company's assets, equities, income, or liabilities change due to changes in the exchange rate,
French subsidiary received a lesser income last year, although payment will be adjusted in US dollars as per the contract.
Due to this, the subsidiary has a balance sheet loss, although the consolidated global result is positive.
This type of foreign exchange risk is known as translation exposure.
What are the 3 Building Blocks of Debt
Answers
Answer: Earning, saving, and spending
Explanation:
Answer:
The three building blocks of debt are:
EarningSpendingSaving
1._____________is the difference between earned income and costs. 2. An organization that produces or distributes a good or service for profit is called a __________
Answers
Answer:
1. Profit
2. Business
Explanation:
Profit may be defined as the income which is distributed to the owner in the production process of a profitable market. In other words it is the extra revenue generated by the company that is in excess of the money spend as expenses. It is the difference between the earned income and the costs.
Business is a regular work or occupation or trade of a person. It refers to an organized efforts as well as the activities of any individual to produce the goods and services and sell them for a profit.
the balance sheet of perez printing shows $680 in inventory, $2,140 in fixed assets, $210 in accounts receivables, $250 in accounts payable, and $80 in cash. how much net working capital does the company have?
Answers
Perez Printing has a net working capital of $720.
Net working capital is the difference between a company's current assets and its current liabilities. Current assets are those assets that are expected to be converted into cash or used up within one year, such as cash, accounts receivable, and inventory. Current liabilities are those liabilities that are due within one year, such as accounts payable and accrued expenses.
To calculate the net working capital of Perez Printing, follow these steps:
1. Calculate the current assets: Add the inventory, accounts receivables, and cash together.
Current assets = $680 (inventory) + $210 (accounts receivables) + $80 (cash) = $970
2. Calculate the current liabilities: In this case, it is the accounts payable.
Current liabilities = $250 (accounts payable)
3. Calculate the net working capital: Subtract the current liabilities from the current assets.
Net working capital = $970 (current assets) - $250 (current liabilities) = $720
Perez Printing has $720 in net working capital.
Learn more about net working capital:
https://brainly.com/question/26214959
#SPJ11
We wish to develop a confidence interval for the population mean. The population follows the normal distribution, the standard deviation of the population is 3, and we have a sample of 10 observations. We decide to use the 90 percent level of confidence. The appropriate value of to represent the level of confidence is ________________.
Answers
What is the Reconstituted Firm???
Answers
Explanation:
When a new partner is admitted a new agreement is formed and thus the firm is reconstituted.
Reconstruction of a partnership firm refers to any change in the existing partnership or in the agreement between the existing partners. It results at the end of the existing partnership and a new partnership comes into existence with changed terms and conditions and the profit sharing Ratio of the partners
what kind of technology refers as local technology or indigenous technology ?
Answers
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
A naive forecasting model assumes the new period's forecast will be the same as the last period's actual demand. T/F?
Answers
False. A naive forecasting model does not assume that the new period's forecast will be the same as the last period's actual demand.
A naive forecasting model, also known as the "naive method" or "naive approach," assumes that the forecast for the new period will be equal to the last period's actual demand. However, this is not always the case. In the naive method, the forecast is simply a replication of the most recent observed value, without considering any other factors or patterns in the data. While the naive method can be useful in certain situations, such as when there are no clear trends or patterns in the data, it is considered a very simplistic approach and often fails to capture more complex relationships or changes in demand over time. Therefore, it is incorrect to state that the naive forecasting model assumes the new period's forecast will always be the same as the last period's actual demand.
Learn more about naive forecasting model here:
https://brainly.com/question/27994086
#SPJ11
Some organizations may choose to outsource their transportation needs to third-party logistics (3PL) firms, which may include international freight forwarders, non vessel-owning common carriers, and custom brokers.
a. True
b. False
Answers
Some organizations may choose to outsource their transportation needs to third-party logistics (3PL) firms, which may include international freight forwarders, non vessel-owning common carriers, and custom brokers.
The given statement is True.
The scope of the outsourced logistics services offered by a 3PL (third-party logistics) provider includes any action that requires managing one or more components of procurement and fulfilment activities. Any service agreement that includes the storage or delivery of goods falls under the broad definition of "3PL" in the business world.
Businesses can outsource their transportation management to save time and money. Third-party logistics providers give the company more time to focus on its products, market, and clients by bringing value to the supply chain processes with their knowledge.
Learn more about Third-party logistics (3PL):
https://brainly.com/question/31316297
#SPJ4
Describe one accountability issue of a business
Answers
Answer:
Accountability in the workplace is about employees taking responsibility and ownership for their decisions, actions, performance and behaviour. Accountability in the workplace is also about building trust and staying committed to doing the right thing for the business consistently.
What is a major goal of ecotourism
Answers
Answer:
One of the main goals of ecotourism is to increase the awareness tourists have about the social conditions surrounding a travel destination. Such conditions as poverty are often hidden from tourists. Ecotourism aims to expose tourists to the realities of social and economic climates in an area.
Hope this helped! Good luck!! :)
Explanation:
Answer:
a major goal is to create experiences that benefit everyone equally, not just the tourist and stakeholders.
departmental income statements. A ______ center is evaluated based on control of costs so a performance report is prepared instead of an income statement.
Answers
A cost center is evaluated based on control of costs, so a performance report is prepared instead of an income statement.
Cost centers are departments or units within a company that do not directly generate revenue. Instead, they incur costs necessary for the production and sale of goods or services. These costs can include salaries, rent, utilities, and other expenses.
Since cost centers do not directly generate revenue, they are evaluated based on their ability to control costs and operate efficiently. Performance reports are used to measure a cost center's success in controlling costs and achieving operational goals.
These reports typically include metrics such as budget variances, cost per unit produced, and productivity measures.
Unlike departmental income statements, which focus on revenue and profitability, performance reports provide a more detailed analysis of a cost center's operations and how effectively it is contributing to the overall success of the company.
To know more about income statement click on below link:
https://brainly.com/question/28035395#
#SPJ11
how are resources and scarcity connected?
Answers
Answer:
Explanation:
resources and scarcity are connected.
HOW?????
If we do not have resources, it leads to scarcity.
For example, If we do not have water which is a very precious resource, it leads to scarcity of water.
Hope this helps
plz mark as brainliest!!!!!!
Explain how you would handle an issue with social media in your company?
Answers
Answer:
I will handle it no matter what
Explanation:
I think the way I handle it will be different from others like First I need to see what the issue is like then I will handle it legally if it want a lawyer I have to get one if the issue want legal process I will done by the law of the country
Select the correct answer from each drop-down menu. Which stage of the selling process deals with the actual point of sale where the customer agrees to buy? which stage relates to the post-sale interaction with the customer? the stage relates to the point where the customer actually agrees to buy. The stage relates to the post-sale interaction with the customer.
Answers
The closing stage relates to the point where the customer actually agrees to buy. The follow-up stage relates to the post-sale interaction with the customer.
The closing stage refers to the moment in the sales process where the buyer really gives their consent to purchase. The interaction with the client that takes place after the sale constitutes the follow-ups stage of the process.
As a buyer or seller of real estate, you should be aware that the closing stage refers to the actual point of sale, which is when the client agrees to purchase the property. At this point, all of the arrangements have been finalised, and the buyer is now prepared to purchase the property.
You should also be aware that the stage that is associated with the engagement that takes place after the transaction with the consumer is the follow-ups stage. During the follow-ups, all of the tasks and procedures that are supposed to be finished following the closing stage are actually completed. And if you desire a career in real estate, you should commit these to memory for the rest of your life if you want to succeed.
To know more about selling process
https://brainly.com/question/7650807
#SPJ4
Using the data for Project S and Project T below, conduct an Incremental IRR Analysis and select the correct answer. MARR is 10% per year. S T First Cost -50,000 -75,000 Annual Cost -9,300 -3,000 Salvage Value 5,000 8,000
Life 5 5
a. IRR is above 10% Choose S b. IRR is above 10% Choose T c. IRR is below 10% Choose S d. IRR is below 10% Choose T
Answers
Since the IRR is below the MARR of 10%, we choose option (d), which is to select Project T as the better investment option.
To conduct an Incremental IRR Analysis, we need to find the difference between the cash flows of the two projects. In this case, the difference in Annual Cost is ($9,300 - $3,000) = $6,300. Using this difference, we can construct the following cash flow table:
Year 0: -50,000 -75,000
Year 1: -9,300 -3,000
Year 2: -9,300 -3,000
Year 3: -9,300 -3,000
Year 4: -9,300 -3,000
Year 5: -4,300 5,000 + 8,000
Calculating the IRR of this cash flow table, we get:
IRR = 9.62%
Since the IRR is below the MARR of 10%, we choose option (d), which is to select Project T as the better investment option.
It is important to note that the IRR analysis only provides information on the relative attractiveness of the two projects and does not take into consideration other important factors such as risk, timing, and project size. Therefore, it is always recommended to conduct a thorough analysis before making any investment decisions.
to know more about IRR visit:
https://brainly.com/question/32420660
#SPJ11
Service ________ refers to the inevitable differences in a service provider's performance from one service encounter to the next.
Answers
Service variability refers to the natural fluctuations in the quality and consistency of a service provider's performance across different service encounters.
These variations can be caused by a range of factors, including differences in staff training, workload, technology, customer needs and expectations, and other external factors. While some degree of variability is inevitable in any service setting, it can have a significant impact on customer satisfaction and loyalty.
Service providers can mitigate variability by developing clear service standards, providing ongoing training and feedback to staff, investing in technology and infrastructure, and monitoring and analyzing customer feedback to identify areas for improvement.To minimize this, service providers can invest in employee training, implement standard operating procedures, and monitor customer feedback to ensure a consistent and high-quality service experience for all customers.
To know more about service variability click here
brainly.com/question/17328664
#SPJ11
performance is measured by the useful work completed or done by a system. performance is related to well-planned and organized processes and proper design. what type of requirement is performance? select one. question 4 options: nonfunctional requirement functional requirement
Answers
Performance is a nonfunctional requirement because it is not related to the specific functionality of the system, but rather how well the system performs its intended tasks. It is a measure of the system's efficiency and effectiveness.
which is important for ensuring the system meets the needs and expectations of its users. In summary, performance is a key aspect of a well-designed and organized system, and it is essential for achieving successful outcomes.
Performance is measured by the useful work completed or done by a system and is related to well-planned and organized processes and proper design.
Among the given options, performance is considered a nonfunctional requirement. Nonfunctional requirements pertain to the characteristics or attributes of a system, rather than its specific functions or features.
To know more about Nonfunctional visit :-
https://brainly.com/question/32302908
#SPJ11
If a wine company decides to focus its specialty of creating its products to rely on other business partners to fill in the supply chain gaps, which strategy is this wine company creating?.
Answers
When a wine company focuses on creating products while relying on other business partners to fill in the supply chain gaps, it is creating b. a channel strategy.
What is a channel strategy?A channel strategy involves the use of the commerce chain to reach the end-users of the wine company's goods.
The company is not using a marketing strategy, which is broader in outlook nor a pricing strategy, which is one of the marketing strategies.
Answer Options:a. a marketing strategy
b. a channel strategy
c. a pricing strategy
Thus, the wine company is using a channel strategy so that it can concentrate on its specialty of creating unique products instead of directly reaching out to consumers.
Learn more about marketing strategies at https://brainly.com/question/24553900