113 million people on average were expected to watch the Super Bowl 2022.
What is renowned about the Super Bowl?The Super Bowl, a hugely well-liked sporting occasion, crowns the National Football League (NFL) winner each year. On a Sunday in January or February, millions of followers assemble in front of televisions to observe this fictitious national holiday.
How are the Super Bowl champions chosen?The National Football Conference (NFC) and American Football Conference (AFC) champions from the NFL playoffs will face off for the right to be crowned Super Bowl winner.
To know more about Super Bowl visit-
https://brainly.com/question/17615375
#SPJ4
One way that President Roosevelt's administration addressed the shortage of labor on the home front during World War II was
enacunent of the Bracero Program.
The administration of President Roosevelt implemented a number of policies, including one that encouraged women to become employed in order to take the place of men who had left to fight in the war.
What was produced by the Roosevelt administration?The Public Works Administration is established by executive order signed by President Franklin Delano Roosevelt on May 6, 1935. (WPA). Underneath the auspices of something like the Emergency Relief Conducting, which George washington had signed the previous month, the WPA was just one of numerous Great Depression relief initiatives established.
Why did Franklin Roosevelt face criticism while in office?Roosevelt's economic policies came under fire, particularly the shift from individualism to collectivist societies that came with the astronomical growth of the welfare state and the regulation of the economy. These criticisms persisted for many years after his passing.
To know more about President Roosevelt administration visit:
https://brainly.com/question/1569403
#SPJ4
Most economists agree that ______ are the single most important source of productivity improvements.
A) technological advances
B) discoveries of natural resources
C) increases in human capital
D) increases in physical capital
Technological advances are the single most important source of productivity improvements, according to most economists.
What is meant by Technological advances ?Technological advances refer to new or improved methods, processes, or products that allow businesses to produce more output with the same amount of input, or to produce the same amount of output with less input. This can result in increased efficiency, lower costs, and higher profits.
Over time, technological advances have played a critical role in driving economic growth and productivity improvements, as they have allowed businesses to produce more with less and to bring new and improved products and services to market.
While other factors such as increases in human capital and physical capital can also contribute to productivity improvements, most economists would agree that technological advances are the most important source of productivity gains over the long term.\
To know more about Productivity, check out:
https://brainly.com/question/2992817
#SPJ4
according to dr. williams, economics is the study of how people interact with ____________.
"According to Dr. Williams, economics is the study of how people interact with scarce resources."
In other words, economics looks at how individuals, businesses, and governments make choices about how to allocate limited resources in order to satisfy their wants and needs. This includes studying how people make decisions about what to produce, how to produce it, and for whom to produce it. It also includes examining the role of money, markets, and trade in facilitating these interactions.
Overall, economics is a social science that seeks to understand and explain the complex ways in which people interact with each other and with the resources available to them.
Learn more about scarce resources brainly.com/question/30127168
#SPJ11
one notably distinguishing feature of medieval chant is its _______ texture.
Medieval chant is notable for its monophonic texture, which is one of its key characteristics.
What's really monophonic and how does it work?Monophony is a fundamental component of almost all music and served as the main texture for Western music up to the Middle Ages. The songs of French troubadours and trouvères, Byzantine & Gregorian chants, German minnesingers, and meistersingers, among others, are examples.
What characteristics of music are monophonic?Monophonic. Without no harmony or counterpoint, monophonic music only has one melodic line. Although there is simply one line with distinct pitches, there could be rhythmic accompaniment. You can also refer to monophony as monophonic music.
To know more about monophonic texture visit:
https://brainly.com/question/30555580
#SPJ4
an economist estimates the value of a beautiful nature preserve by calculating the price premium people pay for houses located adjacent to the preserve. this is an example of what type of economic valuation?
Hedonic pricing. this is an example of hedonic pricing type of economic valuation.
Economic value is the value that people add to an economic good based on the utility they derive from it. Often quoted based on willingness to pay for the item. This is usually measured in currency units.
Economic value should not be confused with market value, which is the market price of goods or services. Market value may be higher or lower than the economic value that a particular person attributes to the commodity.
Economic value is subjective and depends on human will, so it cannot be measured directly. However, various methods have been developed that attempt to quantify or estimate economic value. Economic value is the value that people add to goods and services based on the benefits they derive from them.
Economic value is subjective and difficult or impossible to measure, but there are ways to estimate it.
To know more about valuation, here:
https://brainly.com/question/28962032
#SPJ4
jarvis company produces a product that has a selling price of $20.00 and a variable cost of $15.00 per unit. the company's fixed costs are $50,000. what is the break-even point measured in sales dollars?
$200000 is the break-even point measured in sales dollars .
What are the breakeven sales in dollars?
The point at which a business's revenues and costs are equal is known as the break-even point.
There are two approaches to calculate the break-even point: either by figuring out how many units must be sold or by figuring out how much money must be spent on sales.
Break even point in $ = Fixed cost/Contribution margin ratio
Contribution margin ratio = Contribution/Sales *100
Contribution = Sales - Variable cost = $20-$15 = $5
Contribution margin ratio = $5/$20 *100 = 25%
Break even point in $ = $50000/25% = $200000
Learn more about The break-even point
brainly.com/question/29063970
#SPJ1
during the year, the accounts payable of a company rose from $115,200 to $134,300. this change represents a:
During the year, the accounts payable of a company rise from $115,200 to $134,300. this change represents a source of $19,100 of cash as an operating activity. Option (e) is correct.
What is financing activity?Transactions between a business and its lenders and owners to obtain or repay resources are referred to as financing operations.
If Accounts payable rises over the previous period, it indicates that the business is using credit rather than cash to purchase more goods and services. A company's accounts payable (AP) will decline if it is paying its commitments from the prior period more quickly than it is acquiring new things on credit.
Therefore, Option (e) is correct.
Learn more about financing activity, here;
https://brainly.com/question/16377227
#SPJ1
Your question is incomplete, most probably the complete question is;
During the year, the accounts payable of the company rose from $115,200 to $134,300. This change represents a:
Multiple Choice
A. source of $19,100 of cash as a financing activity.
B. use of $19,100 of cash as an investment activity.
C. use of $19,100 of cash as an operating activity.
D. source of $$19,100 of cash as an investment activity.
E. source of $19,100 of cash as an operating activity.
shipping clerk christina included this sentence in her message to a customer: pertaining to your returns, we must verify the shipping numbers and lot codes of outstanding merchandise prior to issuance of a refund. this sentence is an example of
Prior to issuing a refund for your returns, we must confirm the shipping numbers and lot codes of the unclaimed goods. This phrase serves as an illustration of formal language.
What function does a shipping job serve?Since they are on the front lines of internal shipment, a shipping clerk is typically located in a company's warehouse. A shipping clerk makes sure that complete documents are kept of every item that is received and dispatched. They are also entrusted with maintaining and supplying correct records of inventories. Professionals in shipping are in charge of receiving, following up on, and sending orders to consumers as well as making sure that the appropriate products are delivered on time and to the correct person. Additionally, they use radio-frequency identification to scan barcodes for meticulous and well-organized inventory documentation.
To Know more about Formal Language Visit:
https://brainly.com/question/24222916
#SPJ4
what is it called when a firm undertakes action to counter the effects of a competitor's competitive action?
A strategic or tactical action taken by a business to lessen the effects of a competitor's competitive move is known as competitive retribution.
What is the term for a strategic reaction to participating in conflict?
When an organization engages in competitive rivalry, they engage in a variety of competitive behaviors and acts, which are referred to as competitive conduct. Competitive dynamics are the collective actions and responses that all enterprises that compete in a given market take.
What constitutes a competitive response strategy?
A competitive reaction is a move performed in response to an opponent's move. Because of this, companies who are considering competitive action should be aware that their competitors might respond.
To know more about competitors visit;
https://brainly.com/question/11850743
#SPJ1
a storm destroys half the fava bean crop. is this event more likely to hurt fava bean farmers if the demand for fava beans is very elastic or very inelastic? explain. g
If the demand for beans is particularly elastic, destroying half of the bean harvest is likely to hurt the pea farmers.
When a crop is cut in half, the supply curve shifts to the left, increasing bean prices. An increase in pricing causes a fall in overall revenue when demand is very elastic because the reduction in the required quantity outweighs the price rise. A change in buyers' and sellers' behaviour in reaction to a change in the price of a good or service is referred to as elastic behaviour in economics. In other words, the degree to which demand for a thing or service changes as its price rises or falls, is what is known as its demand elasticity or inelasticity.
To learn more about elastic refer here:
https://brainly.com/question/25706924
#SPJ4
billionaire jonathon apple convinced the goudeville town council that they should condemn the old mcdonald dairy so he can build an electronics plant on the land, arguing that the benefits to the community in the form of new jobs and extra tax revenues to be generated by the plant will far outweigh the detriment to the mcdonald family from shuttering their business. jonathon's argument is an example of
Jonathan's argument is an example of economic utilitarianism.
Economic utilitarianism is a philosophical perspective that measures the value of an economic choice based on how well it would benefit society as a whole. In this instance, Jonathan is claiming that the construction of the electronics facility would help the town overall by creating new employment and raising tax revenues, which justifies the condemnation of the old McDonald dairy and the harm to the McDonald family. The greatest good for the largest number of people is given top priority in this strategy. A family of moral and political theories known as utilitarianism holds that the primary ethical value or good that should be maximised is universal utility or societal welfare. In the later half of the 18th century, hedonistic utilitarianism was supported by normative economics.
For such more questions on economic utilitarianism:
brainly.com/question/6177143
#SPJ4
the characteristics of consumers and organizations that marketers use to divide a market into segments are known as _______.
Marketers divide a market into segments based on the traits of consumers and organisations, which are referred to as segmentation grounds.
Which segments fall into which categories?
Interests, a way of life, age, gender, and other factors are typical features of a market segment. Common examples include market segmentation based on location, demography, psychology, and behaviour. Geographic, psychographic, behavioural, and demographic market segmentation are considered to be the four primary categories; however, there are other variants on these four major types as well as a wide range of additional tactics you might employ. You might wish to consider the following additional strategies.
Know more about consumers Visit:
https://brainly.com/question/30132393
#SPJ4
below are amounts (in millions) from three companies' annual reports. beginning accounts receivable ending accounts receivable net sales walco $1,815 $2,762 $322,427 tarmart 6,166 6,694 67,878 costget 629 665 68,963 required: 1. calculate the receivables turnover ratio and the average collection period for walco, tarmart and costget. 2. which company appears most efficient in collecting cash from sales?
The receivables turnover ratio and the average collection period for wilco, term art, and cost get is 140.89, 10.56, and 106.59.
Tarmart company appears most efficient in collecting cash from sales.
Avrege Accounts receivable = Beginning Accounts recievable + Ending Accounts recievable /2
Walco = (1815+2762) /2 = 2288.5
Tarmart = (6166+6694) /2 = 6430
Cost Gel = (629+665) /2 = 647
Accounts receivable turnover ratio
Company Net sales /Average Accounts receivable = Receivable Turnover ratio
Walco 322427 / 2288.50 =140.89
Tarmart 67878 / 6430 =10.56
Costgel 68963 / 647 =106.59
Average Collection period
Company Number of days/Accounts receivable turnover = Average collection period
Walco 365/140.89 =2.59 days
Tarmart 365 /10.56 =34.56 days
Costgel 365 /106.59 =3.42 days
An account is a particular report inside an employer's financial ledger or balance sheet. Accountants, finance experts, and bookkeepers can use debts to report important financial records, like reporting day-by-day transactions to confirm the exact amount of money an organization has at any moment.
In accounting, an account is a document within the famous ledger this is used to kind and maintain transactions. as an example, groups may additionally have an account of a coin wherein to file every transaction so one can increase or decreases the business enterprise's cash. fundamental accounting ideas used in commercial organizations globally cover income, charges, belongings, and liabilities. the one's elements are tracked and recorded in documents which encompass stability sheets, income statements, and cash glide statements.
To learn more about Account visit here:
brainly.com/question/22917325
#SPJ4
describe how an increase in demand is reflected on a supply and demand graph (specifically, what happens to the demand curve, supply curve, and equilibrium price)? (110,131-132, 164-166)
An increase in demand for a good or service is reflected on a supply and demand graph by a shift of the demand curve to the right.
As the demand for a good or service increases, the quantity supplied by producers also increases, but at a slower rate. This results in an increase in the equilibrium price and a decrease in the equilibrium quantity. The supply curve shifts to the right, but not as far as the demand curve. The new intersection of the demand and supply curves represents the new market equilibrium, where the quantity of the good or service demanded by consumers is equal to the quantity supplied by producers. The increase in demand causes the market assets to move from the original equilibrium to a new, higher-priced and higher-quantity equilibrium.
learn more about assets here
https://brainly.com/question/14650118
#SPJ4
Controversial Procedures of the EEOC
O Affirmative Action: O Reverse Discrimination:
It necessitates removing all bias from personnel activities. Affirmative action is a collection of targeted, goal-oriented initiatives created to address the underrepresentation of women and people of colour in the workforce.
People need only be treated fairly for equity to exist; they do not need to be on an equal footing. Fairness is viewed through the lens of affirmative action in a much broader sense. Not only is equality of treatment prioritised, but also equality of outcomes.
Affirmative action critics claim that doing so constitutes reverse discrimination and that it is morally wrong for the targeted government to ever consider a person's race when awarding benefits like contracts, employment, or school admission.
To learn more about Affirmative, click here.
https://brainly.com/question/17705362
#SPJ4
Initial Franchise Fee vs Royalty Fee: What's The Difference?
The royalty is compensation for using the franchisor's brand and intellectual property, unlike a franchise fee, which is intended to be a cost centre for franchisors. Additionally, it covers the expenditures of continued education, business support and coaching, and innovation.
What is the definition of "compensation"?
A monetary payment made to a person in exchange for their services is sometimes referred to as compensation. At work, employees receive compensation. In addition to commission and other bonuses or advantages related to the specific employee's function, it also includes pay or earnings. It might boost output, raise job satisfaction, and help fill unfilled positions. The compensation of an employee includes pay, vacation time, sick leave, health insurance, and bonuses. Other incentives like a business car, free parking, free or reduced meals, travel expenses, etc. are also offered.
Know more about business Visit:
https://brainly.com/question/29896340
#SPJ4
$3000 are invested in a bank account at an interest rate of 4 percent per year. find the amount in the bank after 13 years if interest is compounded annually. correct find the amount in the bank after 13 years if interest is compounded quarterly. $832.54$incorrect 5033.0667643888 find the amount in the bank after 13 years if interest is compounded monthly. finally, find the amount in the bank after 13 years if interest is compounded continuously.
The amount in the bank after 13 years if interest is compounded annually is: A = $5,259.16
A = P(1 + r/n)^(nt)
A = 3000(1 + 0.04/1)^(1*13)
A = $5,090.05
The amount in the bank after 13 years if interest is compounded quarterly is:
A = P(1 + r/n)^(nt)
A = 3000(1 + 0.04/4)^(4*13)
A = $5,201.80
The amount in the bank after 13 years if interest is compounded monthly is:
A = P(1 + r/n)^(nt)
A = 3000(1 + 0.04/12)^(12*13)
A = $5,246.75
The amount in the bank after 13 years if interest is compounded continuously is:
A = Pe^(rt)
A = 3000e^(0.04*13)
A = $5,259.16
learn more about compounded annually at :
brainly.com/question/30497854
#SPJ4
mary kay ash was one of the first individuals who sold cosmetics directly to customers via independent sales representatives. the company founded by mary kay is now one of the largest and most successful cosmetics companies in the world. mary kay ash would be classified as a(n)
Mary Kay Ash was one of the first individuals who sold cosmetics directly to customers via independent sales representatives. Mary Kay Ash would be classified as an Entrepreneur.
Mary Kay Ash was an American entrepreneur who founded Mary Kay Cosmetics, one of the largest and most successful cosmetics companies in the world. She is considered a pioneer in the direct selling industry, as she was one of the first individuals to sell cosmetics directly to customers via independent sales representatives. Mary Kay Ash was known for her innovative business practices, including her focus on empowering women through entrepreneurship and her use of incentives and rewards to motivate her sales force. She was a trailblazer for women in business and remains an inspiration for aspiring entrepreneurs around the world.
To learn more about Entrepreneur click here
brainly.com/question/13897585
#SPJ4
if the inflation index for earnings at the 1st quarter (before resetting) was 120, what would the equivalent 2nd quarter figure be? ethiopian economic summary
Where it states "inflation index" , it should read "price index." Let X represent the cost of a basket of groceries at the time.
What are the figures for Ethiopia's inflation rate?
Ethiopia's annual inflation rate decreased from a six-month high of 35.1% in November 2022 to 33.8% in December 2022. Due to lower costs for most cereal items, edible oil, meat, milk, and eggs, food inflation decreased slightly (to 32.9% from 34.2% in November). As assessed by the yearly change in the price index for personal consumption expenditures, the Federal Open Market Committee (FOMC) believes that inflation of 2% over the longer run is most compatible with the Federal Reserve's mission for maximum
To know more about inflation click on the link below:
https://brainly.com/question/8149429
#SPJ1
what is the fundamental purpose of the planning phase? group of answer choices to prepare documents. to set the ground rules for the project. to let everyone know the project is beginning. to determine the tasks and their dependencies.
Tasks are rescheduled during execution as needed to meet requirements. Documents are preserved for future use during the finalizing phase.
A project's completion is what?All deliverables are now complete and properly transferred, and all supporting documentation has been authorized, signed, and preserved.
Describe the finalization procedure.Finalization of accounts denotes that the account books have been reviewed, reconciled, and found to be accurate, flawless, and correct. The end of the year is often when the books of accounts are closed.
To know more about finalizing phase visit:
https://brainly.com/question/29484449
#SPJ4
in a swot analysis, blank refer to the positive internal attributes of the firm. multiple choice question. threats strengths weaknesses opportunities
The SWOT analysis is a very helpful technique for understanding and making decisions in a variety of business and organisational scenarios. Strengths, Weaknesses, Opportunities, and Threats is also known as SWOT. Below is information about the history and creators of SWOT analysis.
The headings of the SWOT analysis offer a useful framework for analysing the strategy, position, and direction of a corporation, a business proposition, or any other idea. A SWOT analysis is easy to complete and makes a wonderful topic for workshop sessions. SWOT analysis is useful during brainstorming sessions as well. Business planning, strategic planning, competition analysis, marketing, business and product development, and research reports can all benefit from SWOT analysis. SWOT analysis exercises can also be used in team-building activities. Keep in mind that SWOT analysis, particularly in business and marketing planning, is frequently interpreted and applied as a SWOT Analysis 2x2 Matrix.
Learn more about SWOT here:
https://brainly.com/question/29766396
#SPJ4
a stock currently stands at 100 the continuously compounded interest rate is 10. what should be the price of a 6 month prepaid forward contract
To calculate the price of a prepaid forward contract, we can use the formula:
F = S * e^(r*t)
Where:
F = the forward price of the stock
S = the current spot price of the stock
r = the continuously compounded interest rate
t = the time until the forward contract expires
In this case, we want to find the price of a 6-month prepaid forward contract, so t = 0.5 (since there are 12 months in a year and 6 months is half a year). Also, the current spot price of the stock is S = 100 and the continuously compounded interest rate is r = 0.1.
Plugging these values into the formula, we get:
F = 100 * e^(0.1 * 0.5) ≈ 110.52
Therefore, the price of a 6-month prepaid forward contract for this stock should be approximately 110.52.
Learn more about Compound Interest here
https://brainly.com/question/14295570
#SPJ4
According to this site, what are different types of schools one can consider, when looking into schools that may have programs
that match their interests?
in general, some different types of schools that one might consider when looking for programs that match their interests include: community colleges, trade schools, vocational schools, liberal arts colleges, research universities, and professional schools (such as law or medical schools).
What is schools programs?Generally, Schools programs are programs designed to help students learn and develop skills and knowledge in a certain subject or area. They often involve activities such as field trips, lectures, hands-on projects, and other interactive learning experiences.
Schools programs are designed to help students become more engaged and interested in a particular subject and to help them apply what they learn in class to real-world situations.
Read more about schools programs
https://brainly.com/question/19565060
#SPJ1
which of the following statement(s) is(are) true? multiple choice the realized nominal rate of interest is always greater than the real rate of interest. none of the options are true. certificates of deposit offer a guaranteed real rate of interest. inflation has no effect on the nominal rate of interest.
All the options are false. Nominal interest rate is affected by anticipated inflation rates. If gap between real rate and expected inflation rate was greater than realised nominal rate of interest, it would be negative.
What is the nominal interest rate?The interest rate before accounting for inflation is referred to as the nominal interest rate. The term "nominal" can also apply to the advertised or quoted interest rate on a loan, which excludes any fees or interest compounding.
What are the differences between the effective and nominal interest rates?Said interest rate is another term for nominal interest rate. Simple interest is used to calculate this interest; compounding periods are not taken into account. The effective interest rate is the one that takes into account the compounding times throughout a payment schedule.
To know more about Nominal interest rate, visit:
brainly.com/question/13644787
#SPJ4
hotel reservations made through e-commerce websites are often sold as run of the house, which means that the guest will:
The guest will be assigned whatever room is available at check-in.
What is e-commerce?The term "e-commerce" refers to businesses and individuals that purchase and resell goods and services online. E-commerce takes place in several contexts. E-commerce refers to the purchase and selling of products and services online. It takes place on computers, tablets, and smartphones.
What differentiates a hotel from a hostel?The accommodations at hostels and hotels are very different. While being in a hostel room is a terrific way to meet new people and save money, guests have the advantage when it comes to privacy and amenities. Although some individuals are concerned about safety, hostels are actually the ideal option for many different sorts of tourists.
To know more about e-commerce visit:
https://brainly.com/question/29732698
#SPJ4
which of the following is considered in the calculation of unit cost under absorption costing? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply direct labor costunanswered variable manufacturing overheadunanswered fixed manufacturing overheadunanswered direct material costunanswered fixed selling and administrative expenseunanswered variable selling and administrative expenseunanswered
The following is considered in the calculation of unit cost under absorption costing -
✔️ Direct labour cost
✔️ Variable manufacturing overhead
✔️ Fixed manufacturing overhead
✔️ Direct material cost
❌ Fixed selling and administrative expense
✔️ Variable selling and administrative expense
Absorption costing, now and then called "full costing," is an administrative bookkeeping technique for catching all expenses related to assembling a specific item. All immediate and backhanded costs, like direct materials, direct work, lease, and protection, are represented while utilizing this strategy.
Under generally accepted accounting principles (GAAP), U.S. organizations might utilize ingestion costing for outside detailing, but factor costing is refused.
Retention costing incorporates whatever is an immediate expense in delivering a decent in its expense base. Ingestion costing likewise incorporates fixed above charges as a component of the item costs. A portion of the expenses related to assembling an item incorporate wages for representatives genuinely chipping away at the item, the unrefined substances utilized in creating the item, and the entirety of the above costs (like every utility expense) utilized underway.
Know more about absorption costing - https://brainly.com/question/13104695
#SPJ4
BIG TEST NEED HELP
Environmental sustainability is ensuring that our natural resources can be used _______.
a. next year
b. for the next five years
c. short term
d. indefinitely
which of the following statements are correct regarding the history of the u.s. personal income tax (choose all the correct answers)? multiple select question. the income tax was once ruled unconstitutional. the first personal income tax was enacted to fund the spanish-american war. the 16th amendment to the u.s. constitution gives congress the power to assess income tax on individuals. the first personal income tax contained a very high marginal tax rate.
The correct statements are:The income tax was once ruled unconstitutional. The 16th Amendment to the U.S. Constitution gives Congress the power to assess income tax on individuals. The first personal income tax contained a very high marginal tax rate.
An income tax is levied by the federal government of the United States and most state governments. Applying a tax rate to taxable income, which is the entire income less permissible deductions, yields the results, which may rise as income rises. Income is a wide concept.
There are seven federal income tax bands for the 2022 tax year: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Your filing status and taxable income define your tax bracket. Citizens and residents of a United States were subject to tax on their international income. Non-resident aliens must pay taxes on their income from the US and income that is inextricably linked to a US trade or enterprise (with certain exceptions). Non-resident aliens are not permitted to benefit from the combined return rates or the head of household status.
For such more questions on personal income tax:
brainly.com/question/7988107
#SPJ4
if the price of some land factor used in the production of a manufactured good decreases, ceteris paribus, what will happen to the market for that good?
If the price of some land factor used in the production of a manufactured good decreases, ceteris paribus (meaning all other factors remain constant), the cost of producing that good will decrease.
This means that the manufacturer will be able to produce the good at a lower cost and may choose to pass some of these cost savings on to the consumers by reducing the price of the manufactured good.
Assuming that the demand for the good remains constant, the lower price will likely lead to an increase in the quantity demanded, as consumers are more willing to purchase the good at a lower price. This increase in demand will lead to an increase in the equilibrium quantity of the good, meaning that more units of the good will be sold in the market.
The decrease in the cost of production may also make it more profitable for the manufacturer to produce more of the manufactured good. This could lead to an increase in the supply of the good, which would put downward pressure on the price of the good.
In summary, if the price of some land factor used in the production of a manufactured good decreases, ceteris paribus, the market for that good may experience lower prices, higher demand, and higher equilibrium quantity sold, as well as a potential increase in the supply of the good.
Know more about the cost of production - https://brainly.com/question/29383456
#SPJ4
consider problems 2.20 and 2.21. assume for operation 4 that the assembly operation has a standard time of four minutes, reliability of 95%, and efficiency of 98%. compute the number of assembly machines required for each scrap level. what is the impact of the scrap percentage on the number of machines? why might a facilities planner want to be involved in the requirements definition process?
The number of assembly machines required for each scrap level can be calculated using the following formula:
How many assembly machines are required ?Total Time Required / [(1 - Scrap Percentage) x Standard Time x Reliability x Efficiency] = Number of MachinesSince more parts must be manufactured to make up for the higher quantity of scrap, as the scrap percentage rises, more machines become necessary.To make sure that the facility can house the necessary number of machines, a facilities planner might wish to be involved in the needs specification process. The planner may need to take into account things like the amount of available space, the necessity for electricity and other utilities, and environmental and safety standards. The planner can assist in identifying potential challenges and offering solutions by getting involved early in the process. By doing this, costly adjustments and delays later on in the project can be avoided.
To know more about number of machines , check out :
https://brainly.com/question/1569441
#SPJ1