The situation described represents a surplus in economics. We'd expect the price of roses to decrease over time to reach the equilibrium price as sellers lower their prices to sell their surplus roses.
Explanation:In economics, the situation you're describing, where roses are selling for more than the equilibrium price, is called a surplus. When the price of an item is higher than the equilibrium price ($40 > $30 in this case), it creates a situation where the quantity supplied exceeds the quantity demanded. Consequently, we'd expect the price to decrease over time to reach the equilibrium price, which is the price where the quantity supplied equals the quantity demanded. As this happens, sellers will begin to lower their prices in order to sell their surplus roses, leading to a market price that eventually stabilises at $30 per dozen.
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Which calculation helps determine which producer has the absolute advantage? Resources used multiplied by amount produced
Amount produced divided by resources used
Amount produced minus resources used
Resources used divided by amount produced
Answer
The calculation that helps to determine which producer has the absolute advantage is:
B. The amount produced divided by resources used
Explanation
Productivity is calculated by dividing the amount of output produced by the inputs used in its production process. The size of the output is divided by the resources used to produce the goods to determine the advantage/profit acquired in a business process.This will give the producers ultimate advantage as compared to number of time the bussiness will pay back.
Amount produced divided by the resources used, is the calculation that helps to determine which producer has the absolute advantage.
The performances of a company’s production process measures its productivity.
Further Explanation
Productivity of a company is calculated by dividing its output and the input that are used in the process of production. Common inputs in this case can be natural or capital resources and labor hour, while output are measured by the sales or amount of goods produced by the company.
Productivity can be calculated by the amount of unit produced by a company relative to its labor hour or by measuring the company’s revenue relative to employee labor hours.
However, the overall labor productivity can be calculated by dividing the goods and services a company produced by the employee total hour during a particular period of time.
In a situation where a company had an output of 4,000 units in a month and its input was 4,000 hours of labor, the productivity for such company is 10. This implies the output (40000) is divided by the labor input (4,000), which is equals to 10. This also means that the number of units produced by the employee per hour is 10 in the previous month.
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productivitycompany's output and inputlaborgoods and servicesemployeeZola is very skilled with Microsoft and Apple, and she knows different methods of programming. This knowledge will help make Zola a successful candidate for a Hospitality and Tourism career. Which type of qualification does she have?
A}professional appearance
B}flexibility in handling unexpected tasks
C}good computer skills
D}expertise in problem solving
Zola is very skilled with Microsoft and Apple, and she knows different methods of programming. the type of qualification she has is good computer skills. Option C. This is further explained below.
What are computer skills?Generally, computer skills are simply defined as The ability and understanding required to work with computers and associated technologies are referred to as "computer skills."
In conclusion, It's no secret that Zola knows a lot about Microsoft and Apple products, as well as many programming languages. Good computer skills are the sort of qualification she has.
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The norm of reciprocity select one:
a. suggests that when we receive something from another person we should respond in the future with a favor for them.
b. plays only a nominal role in negotiations.
c. applies only to favors of the same size.
d. is prevalent only in western culture.
e. none of the above statements describe the norm of reciprocity.
Answer: a. suggests that when we receive something from another person we should respond in the future with a favor for them.
The norm of reciprocity is repaying in kind what another person has done for us. It is a favorable response given to each other for benefits received by returning it with benefits also. Responding to harms with either indifference or hostility, also.
The norm of reciprocity emphasizes responding with kindness to acts of kindness, promoting cooperation and mutual aid. The correct answer is E
The norm of reciprocity is a social norm that dictates we should respond to acts of kindness with kindness in return, fostering cooperation and social bonds.
This norm is based on the principle of reciprocal altruism, where individuals help each other with the expectation of receiving help in return in the future.
It is a universal norm found in all cultures and reinforces the idea of fairness, equity, and mutual aid among individuals.
John noticed that Steve was fidgeting during their meeting. Because of this, John began to doubt Steven's interest in the information they discussed. What was John picking up on?
a. clarification
b. active listening
c. nonverbal communication
d. cultural communication customs
It is nonverbal communication
_____ allow you to save money by having others prepay for your expense.
Prepaid cards and gift cards are both plastic pieces that can be used for purchase. Prepaid cards and gift cards allow saving money by having others prepay for your expense.
What are Prepaid cards or gift cards?A flexible way to give the recipient money to buy whatever he or she likes seems more secure and touchable than the amount of money, and much easier than a personal check is called prepaid cards/gift cards.
Prepaid cards and gift cards are preloaded by someone else (or you) and given to you so that your expenses are covered. This helps people save money since they aren't using their own funds.
Thus, Prepaid cards and gift cards allow saving money by having others prepay for your expense.
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James invested some money at 7% interest. james also invested $75 more than 2 times that amount at 13%. how much is invested at each rate if james receives $1105.35 in interest after one year? (round to two decimal places if necessary.)
How much does it cost to open a bank account answers?
The cost to open a bank account differs by the financial institution and account type, with factors like minimum balance, monthly fees, and ATM fees influencing the total cost.
The cost to open a bank account can vary depending on the financial institution and the type of account you choose. Some commercial banks might charge a fee if the account does not hold a minimum amount of money or if there is no activity. Additionally, while some banks offer fee-free checking accounts for students, they may impose standard fees once you graduate. On the contrary, credit unions typically do not charge fees on checking accounts.
Also, be mindful of potential ATM fees, which can average $2.97 per transaction, with an additional fee if using non-bank ATMs. When considering opening a bank account, pay attention to minimum balance requirements, monthly fees, ATM fees, and other related costs that could impact your finances.
What is the term for when congress passes a budget that spends more money than the government is projected to collect in taxes?
Most managers get very little uninterrupted time to work on their priority tasks.
True or false
Answer:
the answer 100% it's True
Explanation:
what are the four different types of trade barriers
Which license is required to deal in commodity futures contracts?
Answer: Series 3 exam is what they have to pass.
Explanation: fact checked it.
Identity 5 Environmental issues that Pick n Pay will be able to address and how Pick n Pay will be able to address each environmental issue
Sonia creates tests for judging product safety and advises companies about how to reduce harm from use or misuse of the product. What is her career?
Answer:
Product Safety Engineer.
Explanation:
The fulfillment of contractual promises as agreed- 2. a notification given by a defaulting party prior to initiation of performance that he or she is not going to perform- 3. the intentional and explicit giving up of a contractual right - 4. a ready, willing, and able offer to perform contractual obligations - 5. one who owes a duty under a contract 6. the result of a court decree that the breaching party do exactly what was required under the contract - 7. a termination of duties that ordinarily occurs when the parties perform as promised - 8. the action or procedure followed to enforce a right or to get damages for an injury to a right - 9. the injured party takes reasonable steps to minimize the harm done-
Retirement income for older women is about ______ percent of that for men.
Retirement income for older women is about 55 percent of that for men. In the year 2009, 16 percent of single older men and 21 percent of single older women cut down under the poverty line. Among individuals aged 65, more than two times as many men as women have private pensions.
Andy, who is part of fritz's project team, has been making a mistake repeatedly. instead of submitting his work to fritz for review, as the project guidelines instruct him to do, he has been submitting his work directly to the client when he finishes working on it. this has been creating extra work for fritz. fritz finally says to andy, "i noticed that we've been submitting some work directly to the client before it has been reviewed internally by me. what i would prefer is for you submit your work to me first so that i can help ensure that all our deliverables are consistent."
Answer:
A) Fritz describes what the problem is and what the new behavior should be
Explanation:
In this question, Fritz is trying to make sure that Andy understands what wrong he has been doing and how can it be rectified, so that it doesn't affect their team in a negative way.
Hich of the factors listed below does not cause the demand curve for labor to shift?
a. a change in the wage
b. a change in human capital
c. a change in technology
d. a change in the price of the product as the wage increases,
a. the demand for labor curve does not shift, but the quantity demanded of labor increases.
b. the demand for labor curve does not shift, but the quantity demanded of labor decreases.
c. the demand for labor curve shifts to the right.
d. the demand for labor curve shifts to the left.
Kyla works for a small company that sells computer parts. She gets private information on a website from one of her suppliers. Why type of communication tool is used in this situation?
extranet
ethernet
internet
radio frequency indication
Answer:
extranet
Explanation:
extranet is controlled private network that usually grants access to a special set of individuals usually vendors and customers to the organization who are supposed to get access to some certain information on the company network.
This is achieved by using the internet and public telecommunication system because it involves a website. extranet is similar to intranet but it is different in the sense that it shares the information with external bodies who are vendors or customers but are not direct workers of the organization unlike in the case of intranet which is used to share information within the workers of an organization.
In relation to other options, how liquid is a savings account?
When you send a formal report, proposal, brochure, or other similar material, you should include a short message, often called a ______________ , iden?
The short message usually included in sending a formal report, proposal, brochure, or other similar material is called a letter of transmittal or a covering letter. Occasionally, it substitutes for a summary at the beginning of the report.
A letter of transmittal is given in a letter or memo form which provides extra personal touch to formal reports. It is brief and follows this pattern:
• an opening statement, “transmitting” the report to the reader and stating its purpose
• a brief outline of the major conclusions or recommendations
• a note of gratitude for any special help received from other employees
• a goodwill close which looks forward to future discussion or opportunities
A cover letter should accompany formal documents, clearly stating the purpose, and should be concise to respect the recipient's time. It can take the form of a memo, letter, or formal report, and in very brief interactions, an elevator pitch may be used.
When sending formal documents such as proposals or reports, it is standard practice to include an accompanying message, often known as a cover letter. This helps the recipient immediately understand the purpose of the message.
For example, a subject line of 'Proposal Attached' or 'Your question from 10/25' makes it clear what the recipient can expect when they open the document. In the workplace, it's particularly critical to be succinct, presenting proposals that are directly to the point, as decision-makers may not have the time to read through lengthy reports.
The cover letter should indicate that the enclosed material is a proposal for a specific project, and it must include at least one motivating statement to encourage the reader to consider the proposal seriously. The content should provide a concise overview of the proposal, capturing the essence without delving into extraneous details.
Formats for sending this information can vary from a memo for internal communication, a letter for external communication, to a formal report depending on the recipient and content. An elevator pitch may also be used when proposals need to be extremely brief, such as when trying to gain interest in a short time span.
Orlando wants to become a Certified Public Accountant. Which career cluster is he interested in?
Answer:
c. Finance
Explanation:
plato users
Which examples would a student of macroeconomics study? check all that apply. the impact of competition on a bakery the effects of a tax increase on the gross domestic product the influence of economic challenges, such as inflation and unemployment the effect of rising interest rates on the purchasing decisions of individuals the result of a major government spending program on the national unemployment rate?
Answer:
2,3,5
Explanation:
Answer:
Explanation:
x the impact of competition on a bakery
* the effects of a tax increase on the gross domestic product
*the influence of economic challenges, such as inflation and unemployment
x the effect of rising interest rates on the purchasing decisions of individuals
*the result of a major government spending program on the national unemployment rate
Devin, a junior sales coordinator, is resigning from his job. he writes an email to the top-level officials of his company and expresses his gratitude toward them for providing him with a fulfilling on-the-job experience. in this case, devin is engaging in _____. select one:
a. horizontal communication
b. upward communication
c. informal communication
d. downward communication
Answer:
Letter B is the correct answer.
Explanation:
Upward communication refers to the process of information flowing from the lower levels of hierarchy to the upper levels. In this case, the lower level is the one occupied by Devin, since he is a junior sales coordinator, while the upper levels are the top-level officials of his company. Due to this, it is the correct answer.
When customers attempt to purchase alcoholic beverages who decides whether the sale is legal or not?
Decision support systems support optimization, satisficing, and heuristic approaches.
a. true
b. false
The ability to carry money around is what characteristic of money
Having struggled with panhandlers on the subway, hassles at the office, and telephone calls at dinner, allison retreats to her bedroom rather than noticing that her daughter needs help with a homework assignment. she is probably reacting to
Allison's reaction to retreating to her bedroom instead of helping her daughter with a homework assignment is likely due to stress and overwhelm from dealing with various issues. It is important for her to find ways to manage her stress and create a balance in her life.
Allison's reaction of retreating to her bedroom instead of helping her daughter with a homework assignment is likely due to stress and overwhelm. She has been dealing with panhandlers on the subway, office hassles, and phone calls during dinner, which may have caused her to become emotionally drained and unable to focus on her daughter's needs. It is important for Allison to find ways to manage her stress and create a balance between her responsibilities and personal well-being.
The federal funds rate target is the most frequently used monetary policy tool.
a. True
b. False
When making additional business decisions management should consider?
Stacy is a director of a senior center. every week she leads a group where the elders discuss past activities and experiences. the members of the group are encouraged to share anecdotes, old pictures, and other family memorabilia that remind them of significant events in their past. stacy's group is a form of: