The price and equilibrium quantity axes on the demand and supply curve graphs are both vertical, allowing the supply and demand curves for a given good or service to coexist on the same graph.
Demand and supply acting together set the price and the quantity that will be bought and sold in a market.supply and demand curves that cross.The equilibrium price, which is obtained when the quantity sought by consumers and the quantity supplied by producers, respectively, are equal, is the only price at which consumer and producer plans coincide. This common quantity is known as the equilibrium quantity. At any other price, the quantity required and the quantity delivered are not equal.
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whenever technology advances, an economy can produce more output with multiple choice more resources. no resources. current resources. fewer resources.
Whenever technology advances, an economy can produce more output with current resources. Prosperity depends on the more efficient productivity of more and better goods and services, which is made possible by technological advancement. The answer is OPTION C.
Natural resource supplies can sometimes grow as a result of technology advancements. However, technical advancements more generally lead to an increase in the productivity of labour, capital, and other resources. Total factor productivity is the output of all factors' combined inputs. Human resources, like labour and management, and nonhuman resources, such land, capital goods, financial resources, and technology, are two categories of economic resources.
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the cost of a water purification system can be used to measure the willingness to pay for improved water quality, according to the:
Secchi discs (which measure the transparency of the water), probes, nets, gauges, and metres are just a few of the many tools scientists use to assess the quality of the water.
Some toxins in our water might cause health concerns, such as neurological diseases, reproductive transparency, and gastrointestinal illnesses. Those with low immune systems, infants, young children, quality women, the elderly, and preg-nant women may be particularly susceptible to sickness.
Frequent transparency measurement is a crucial transparency management technique because it: Encourages the efficient use of limited resources and the provision of essential services. gives the data required to manage health insurance policies, medical professionals.
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costs capture the value of the alternative use of the resources employed. multiple choice threat; best opportunity; average opportunity; best opportunity; worst threat; worst
Opportunity costs capture the value of the best alternative use of the resources employed.
Employment is a two-person partnership that oversees the supply of paid employment services. One of the parties, the employer, which can be a firm, a nonprofit organization, a cooperative, or any other organization, pays the other party, the employee, according to the terms of the contract in exchange for executing the task allocated to them.
Employees conduct labor for money, which may take the shape of hourly wages, piece rates, or yearly earnings, depending on the nature of the job performed, industry circumstances, and the parties' negotiating strength.
Hence the correct option is C
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The above question is incomplete the complete question is-
________costs capture the value of the _______ alternative use of the resources employed.
a-Threat; worst
b-Opportunity; average
c-Opportunity; best
d-Opportunity; worst
why is communication with another person or group described as an action chain? give an example of an action chain that might occur when you meet (1) a friend, (2) your new boss, and (3) a young child. gg
Communication is referred to as a "action chain" because one word or action might result in the creation of another, like a link in a chain.
What do you mean by an action chain in communication?Action chains are sets of steps where the activity or benefit of one step serves as the signal for the following step. Therefore, the sequence is: Cue --> Action --> Reward --> Cue --> Action --> Reward.
A talker and a listener are connected through an electric, visual, or aural channel in a communication chain.
The wheel network, chain network, circle network, and all-channel network, which are each of four different varieties.
Therefore, Communication is referred to as a "action chain" because one word or action might result in the creation of another, like a link in a chain.
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an entrepreneur would choose a franchise over an independent startup most likely because of the group of answer choices freedom in decision making. guidance provided for organizational structure. probability of success. opportunities to meet and share ideas with other executives.
An entrepreneur would most likely choose a franchise over an independent startup because of the guidance provided for organizational structure.
Franchises typically come with a well-established business model, operational procedures, and support systems that can be replicated across different locations. This guidance can be especially beneficial to entrepreneurs who may not have prior business experience and are looking for a proven system to follow.
While franchises do offer some level of decision-making freedom, it is usually within the confines of the established franchise model. Additionally, while the probability of success may be higher with a franchise due to the established business model, there is still a level of risk involved with any business venture.
Opportunities to meet and share ideas with other executives may be a potential benefit of owning a franchise, but it is not typically a primary reason for choosing a franchise over an independent startup.
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what leadership research was used to create a seminar to help organizations increase productivity, improve morale, and gain employee commitment?
Management can provide meaningful feedback and efficient training with the aid of leadership training. New hires pick up on their employee responsibilities more quickly, fit in with the culture of the company, and stay motivated throughout their employment.
The goals of grid seminars are to raise output, uplift morale, and foster employee commitment. This style of leadership encourages participation and discussion, making it a great fit for businesses that value creativity and innovation, like those in the technology sector. A democratic/participative leader is someone who: appreciate group discussions They typically feel like a part of the organisation, identify with its goals, and are content with their work.
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ricki is charged with a crime in a small town in michigan. ricki knows many people who live in the town due to its small size. ricki's attorney argues that the case should be heard in a different town because the case will harm ricki's reputation in this small town. the prosecuting attorney argues for the case to be heard in the small town in michigan. the concept the attorneys are arguing over is:____.
The prosecuting attorney argues for the case to be heard in the small town in michigan, the concept the attorneys are arguing over is venue.
Who is attorney?
An attorney, also known as a lawyer, is a professional who practices law, as an advocate, barrister, solicitor, counselor, attorney, or civil law notary.
They provide legal advice and representation to clients, and are licensed by state bar associations to practice law.
Attorneys can specialize in various areas of law such as criminal law, civil law, family law, intellectual property law, and more. They are responsible for upholding the law and protecting the rights and interests of their clients.
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ceteris paribus, if the price of a digital camera rises, then we can expect multiple choice a decrease in the demand for digital cameras. a decrease in the quantity demanded of digital cameras. an increase in the quantity demanded of digital cameras. an increase in the demand for digital cameras.
Growth if its price decreases, otherwise. Generally speaking, we can anticipate the following if the cost of a digital camera increases: the quantity of digital cameras being purchased has declined (movement along the same curve).
What are a few examples of growth?
The cost of the company's automobiles has gone up. The economy will be stabilised by the increased investment. There are more issues that we are dealing with now. He demanded an increase in income tax of 1 pence.
The price of oil has substantially increased. Rents have dramatically increased as a result of the tax. enhance something The amount has increased ten-fold since the previous figure. an improvement over something This is a 12% rise from the prior year.
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the extent to which a change in price causes a change in the quantity demanded
TRUE. The statement "The extent to which a change in price causes a change in the quantity demanded" is true.
The extent to which a change in price causes a change in the quantity demanded is known as the price elasticity of demand. Price elasticity of demand measures the responsiveness of quantity demanded to a change in price, and is calculated as the percentage change in quantity demanded divided by the percentage change in price. If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be elastic. If the percentage change in quantity demanded is less than the percentage change in price, demand is said to be inelastic. If the percentage change in quantity demanded is equal to the percentage change in price, demand is said to be unit elastic.
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The extent to which a change in price causes a change in the quantity demanded? True/False
in a process with rework, we find the bottleneck as the resource with the highest implied utilization. (T/F)
True - In a process with rework, we find the bottleneck as the resource with the highest implied utilization.
What is bottleneck as a resource?The time spent on a certain operation is referred to as processing time for the sake of the calculations that follow (e.g. one station in a sandwich restaurant). We also need to review the definitions of flow rate and flow time that were previously provided.
Bottleneck: In a flow diagram, the process step with the lowest capacity is referred to as the bottleneck or the "weakest link." Although the process step with the longest processing time is frequently the bottleneck, it's crucial to always consider decision-making capacities.
Step 1: Calculate each resource's capacity (in m/activity time or units per hour).
Step 2: Determine the service demand for each of these resources while accounting for unit drop-out.
Step 3: To determine implied utilization, divide the entire workload by the available time.
The resource with the highest suggested utilization—again, this does not necessarily mean the resource with the lowest capacity—is the bottleneck.
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acme, inc.'s books show an ending cash balance of $10,000 before preparing the bank reconciliation. given that the bank reconciliation shows outstanding checks of $3,000; deposits outstanding of $2,000; nsf check of $100; and interest earned on the bank account of $10, the company's up-to-date ending cash balance equals: multiple choice question.
Based on the information provided, the company's up-to-date ending cash balance can be calculated as follows:
Beginning cash balance = $10,000
Outstanding checks = -$3,000
Deposits outstanding = +$2,000
NSF check = -$100
Interest earned = +$10
To calculate the up-to-date ending cash balance, we need to adjust the beginning balance for these items:
$10,000 - $3,000 + $2,000 - $100 + $10 = $8,910
Therefore, the company's up-to-date ending cash balance is $8,910.
It's important to note that bank reconciliations are important tools for businesses to ensure that their accounting records match their bank statements. By reconciling the two, businesses can identify and resolve discrepancies, which can help prevent fraud and errors in financial reporting.
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the uncertainty that exist due to portion of demand that the supply chain is required to meet is the question 6 options: average forecast error implied demand uncertainty demand uncertainty rate of strategic uncertainty
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the implied demand uncertainty.
Demand uncertainty refers to the variability or unpredictability of customer demand for a product or service, which creates uncertainty in the supply chain. The portion of demand that the supply chain is required to meet can affect the level of demand uncertainty, as well as the level of risk and complexity in the supply chain. Therefore, the uncertainty that exists due to the portion of demand that the supply chain is required to meet falls under the category of demand uncertainty.
Rate of strategic uncertainty refers to the degree of unpredictability or change in the competitive environment or market conditions. Implied demand uncertainty refers to the level of uncertainty that is implied by the forecasts or estimates of future demand. Average forecast error refers to the difference between the predicted or forecasted demand and the actual demand.
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complete question:
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the
A) rate of strategic uncertainty.
B) demand uncertainty.
C) implied demand uncertainty.
D) average forecast error.
E) none of the above
a bank with national presence is rolling out an offer to its clients who have $ 50k plus in their savings account. the offer is as below: 1. the clients of the bank will be able to invest up to 50 % of the amount available in their savings account to a fixed deposit which will provide more than the prevailing interest. 2. however, the minimum amount which can be invested in the fixed deposit will be $ 10,000.00, the client will be able to invest from $ 10,000.00 up to a maximum of 50% of the amount available in his / her savings account. 3. the lock in period for fixed deposit and additional interest to be paid by the bank will be as below : a). fixed deposit six months and above - 1 % more than the prevailing rate for the fixed deposit. b). fixed deposit twelve months and above - 1.5 % more than the prevailing rate for the fixed deposit. c). fixed deposit twenty-four months and above - 2 % more than the prevailing rate for the fixed deposit. 4. at the time of investing the money in the fixed deposit, the customer can choose from two options a). lock the term of the deposit ( if the client breaks the term of the deposit, then the client will get back the principal amount only, no interest ). b). client wants flexibility to be able to break the term of the contract in case of some emergency ( if the client breaks the term of the deposit , then the client will get back the principal amount plus fifty ( 50 % ) percent of the interest payable as on the date the term of the deposit is broken ).
Answer: i don't understand what you are looking for can you explain more
Explanation:
Developing a strategic vision for a company entails:
a) prescribing a future strategic direction for the company to pursue and a rationale for why this strategic path makes good business sense.
b) describing its business model and the kind of value that it is trying to deliver to customers.
c) putting together a story line of why the business will be a moneymaker.
d) describing "who we are and what we do"
e) coming up with a 5-year term plan for outcompeting rivals
Developing a strategic vision for a company entails: "a) prescribing a future strategic direction for the company to pursue and a rationale for why this strategic path makes good business sense."
Why it is ?
Developing a strategic vision involves setting a long-term direction for the company and creating a clear rationale for why this direction makes sense for the business. This involves identifying the company's goals, mission, and values, as well as understanding its competitive environment and market trends.
The strategic vision should provide a clear roadmap for where the company is headed and what it hopes to achieve, and it should be aligned with the company's overall strategy and goals. It should also be communicated clearly to all stakeholders, including employees, customers, investors, and partners.
While describing the business model, identifying value proposition, and coming up with a 5-year term plan are important components of developing a strategic vision, they are not sufficient on their own. A strategic vision needs to be comprehensive, forward-looking, and grounded in a clear understanding of the company's market and competitive environment.
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dan dayle started a business by issuing an $80,000 face value note to first state bank on january 1, year 1. the note had an 8 percent annual rate of interest and a five-year term. payments of $20,037 are to be made each december 31 for five years. required what portion of the december 31, year 1, payment is applied to interest expense and principal? what is the principal balance on january 1, year 2? what portion of the december 31, year 2, payment is applied to interest expense and principal? (round your answers to the nearest dollar amount.)
The $5,309 of the December 31, year 2 payment is applied to interest expense and $14,728 is applied to principal.
The note has an $80,000 face value, an 8% annual interest rate, and a 5-year term, with payments of $20,037 due each December 31.
To calculate the portion of the December 31, year 1 payment that is applied to interest expense and principal:
First, we can calculate the total interest expense for the year:
Interest expense = Beginning balance x Interest rate
= $80,000 x 8%
= $6,400
Next, we can calculate the amount of the payment that goes towards interest:
Interest payment = Beginning balance x Interest rate
= $80,000 x 8%
= $6,400
Finally, we can calculate the amount of the payment that goes towards principal:
Principal payment = Total payment - Interest payment
= $20,037 - $6,400
= $13,637
Therefore, $6,400 of the December 31, year 1 payment is applied to interest expense and $13,637 is applied to principal.
To calculate the principal balance on January 1, year 2:
First, we can subtract the principal payment made on December 31, year 1 from the original principal balance:
$80,000 - $13,637
= $66,363
Therefore, the principal balance on January 1, year 2 is $66,363.
To calculate the portion of the December 31, year 2 payment that is applied to interest expense and principal:
We can use the same approach as before.
First, we can calculate the total interest expense for the year:
Interest expense = Beginning balance x Interest rate
= $66,363 x 8%
= $5,309
Finally, we can calculate the amount of the payment that goes towards principal:
Principal payment = Total payment - Interest payment
= $20,037 - $5,309
= $14,728
Therefore, $5,309 of the December 31, year 2 payment is applied to interest expense and $14,728 is applied to principal.
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the great outdoors is having a sale on their road bikes. the store is also offering financing to those who qualify. the road bike that you are interested in is a bianrekmondiant that is on sale for $2,199. the sales associate informs you that the closed-end installment loan offered by the store is a 36 month installment plan with monthly payments of $82.83. determine the finance charge (interest) of the installment loan.
The finance charge (interest) of the installment loan is $1,333.08.
What is the finance ?Finance is the study and management of money, investments, and other financial assets. It includes understanding and analyzing financial markets, financial instruments, financial institutions, and the money flows in an economy. It is a broad field that covers topics such as personal financial planning, corporate finance, investments, banking and insurance, public finance, and international finance. The goal of finance is to maximize wealth and minimize risk. This can be achieved by managing resources, setting goals, analyzing data, and making informed decisions.
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a company in maine sends lobsters to france. what is maine doing? select three options. importing products practicing international trade exporting products
A company in maine sends lobsters to france exporting products, practicing international trade, importing products.
Since the corporation is trading its commodities across international borders, Maine is engaging in international trade if it sends lobsters to France. By transferring its goods from one nation, in this case the United States, to a different nation, France, it is also exporting goods. Because of the business, Maine was: Engaging in international trade when it transported lobsters to France. exporting merchandise. taking part in globalisation When goods are transported from one country to another, the one from whence they originated would be exporting those goods, which is what Maine was doing.
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which one of the following statements is correct? question 33 options: 1) a rational person will engage less in an activity as the marginal cost of the activity decreases 2) a self-interested person cares only about himself/herself 3) the three basic economic questions are: resource use decision, production decision and profit maximization 4) the production possibilities frontier illustrates the tradeoffs in production
Option 1 is not always true since a reasonable individual may increase their participation in an activity when its marginal cost declines preferences and the activity's marginal benefits.economics."
Economics is a branch of social science that investigates how societies divide their limited resources to generate and provide goods and services. When faced with scarce resources and conflicting demands and goals, it is concerned with the rules that guide both individual and group decision-making. Microeconomics and macroeconomics are the two primary subfields of economics. While macroeconomics investigates the performance and behaviour of the economy as a whole, microeconomics focuses on the behaviour of single actors, such as consumers and businesses. Supply and demand, marginal analysis, opportunity cost, market structures, economic growth, inflation, and unemployment are important economics concepts. Both analysing and guiding governmental policy decisions as well as individual decision-making employ economics.
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New Zealand's economy has received recent boosts from _____.
tourism
foreign investors
agriculture
trade with China
natural gas
Answer:
AVEEEEEEEEEEEEEEE MARIAAAAAAAAAAAAAAAAA
Explanation:
when chinese e-commerce company alibaba sold company stock in public markets for the first time, it was called
The concept is an IPO, which is the first public sale of a company's issued shares.
An initial public offering, or share immolation, is a public immolation in which a company's shares are vended to institutional investors and generally also to retail investors. An IPO is generally capitalized by one or further investment banks, which also list the shares on one or further stock exchanges.
The transition from a private company to a public company can be an important time for retail investors to completely realize their investment returns, as it generally involves an original charge for being retail investors.
private companies work with investment banks to make their stock public, taking a tremendous quantum of due industriousness, marketing and nonsupervisory conditions.
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When income changes, ________ can either increase or decrease
When income changes, consumption can either increase or decrease.
Why do Consumption Increase or Decrease When Income changes?This is because consumption is directly related to income. When people have more income, they tend to spend more on goods and services.
Conversely, when people have less income, they tend to spend less on goods and services. This relationship between income and consumption is known as the income effect.
Therefore, When income changes, consumption can either increase or decrease.
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Stability, clear expectations, and creating order are all strengths of bureaucracies. True or False?
True. Stability, clear expectations, and creating order are all considered strengths of bureaucracies.
An organisational structure that prioritises rules, processes, and distinct lines of power is called a bureaucracy. The predictability and consistency of a bureaucracy's processes and procedures, which can give the organisation a sense of structure and order, is what gives it stability. Standardized rules and processes may reduce misunderstanding and increase efficiency by setting clear expectations. Because the system is built to handle complicated tasks and coordinate the activity of numerous individuals, bureaucracies excel at establishing order. It is important to keep in mind, though, that bureaucracies might have some flaws, such delayed decision-making and reluctance to change.
A complicated organisation with numerous systems and procedures is referred to as a bureaucracy.
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donatello’s pizza is known for its quick service. to make a pizza, employees must prepare the dough and add the sauce and toppings. cooking happens next, followed by packaging. in this scenario, the employees of donatello’s pizza are engaged in
Answer:
Work Processes
Explanation:
What is one of the most common sources of entrepreneurship?
History of Employment Interests and Hobbies Possibilities and Strengths Channels of Distribution: Friends and Family The most prevalent sources of entrepreneurship are travel current trends.
Entrepreneurship is the ability and readiness to start, plan, and run a business enterprise with all of its uncertainties in order to make a profit. The most obvious manifestation of entrepreneurship is the founding of new businesses. Entrepreneurship integrating land, labour, raw resources, and capital can be financially successful. Entrepreneurship that is successful in assuming the risks associated with starting a business is rewarded with cash, fame, and potential for expansion. Failure in entrepreneurship results in losses and a weakened market position for those involved.
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the process of creating a profile of your ideal customer for the purposes of developing a marketing strategy is known as what?
Any good marketing strategy, whether written in 1916 or 2016, starts with identifying the customer and their needs. And it all starts with developing an ideal customer profile, also known as a buyer persona.
What is the customer profiling procedure?
Customer profiling is the process of describing a customer or group of customers based on demographics, psychographics, purchasing patterns, and other factors.
An ideal customer profile (ICP), also known as an ideal buyer profile, defines the ideal customer for the problem that your company solves. This is a fictitious company with all of the characteristics that would make it the best fit for the solutions you offer.
Therefore, In other words, it is identifying the characteristics of people who are most likely to buy your product or service and get a lot out of it.
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For which product is demand likely to be the most elastic? a) A product with no substitutes b) a product with many adequate substitutes c) a product with inadequate substitutes d) it is impossible to tell
Because people are willing to purchase at a cheaper price if prices drop, expensive goods frequently exhibit large elasticities. Products with numerous alternatives or rivals are elastic because customers switch to other products as the price of the original product rises.
What contexts exist for the word "purchase"?
When a noun form is necessary, such as in the phrase: You made a wise purchase when you bought gasoline before the price climbed., the word "buy" should also be used. Try to use "buy" for simple transactions and "purchase" for more formal cash exchanges for goods. The value of all products and services purchased during the accounting period for resale or consumption in the manufacturing process is included in purchases of goods and services, with the exception of capital goods, whose consumption is recorded as consumption of fixed capital.
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Core competencies of a business are generated by the interaction of ______.A. value on investment (voi) and return on investment (roi)B. resource heterogeneityC. resources and capabilitiesD. competitive advantage
Core competencies of a business are generated by the interaction of resources and capabilities.
What is Core competency?Resources refer to the assets that a company has at its disposal, such as financial capital, human capital, physical assets, and intellectual property. Capabilities refer to the skills and abilities that a company has to effectively utilize these resources to create value for its customers.
A core competency is a unique capability or combination of capabilities that allows a company to provide a product or service in a way that is superior to its competitors. It represents a competitive advantage that is difficult for other firms to replicate or imitate.
Therefore, the interaction of a company's resources and capabilities is essential for the development of its core competencies. The effective combination of resources and capabilities can create a sustainable competitive advantage and generate value for the company and its stakeholders.
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a company deposits $35,000 each year (beginning one year from today) into a fund that can earn 5.20%. what will be the value of the fund seven years from today?
The value of the fund seven years from today will be $264,948.31.
Worth of money through time. PV is a crucial component of the time value of money, which is the foundation of finance, along with FV, I/Y, N, and PMT. Without PV, there cannot be mortgages, vehicle loans, or credit cards. Instead, feel free to visit our Future Value page to learn more or perform calculations. As you can see in this illustration, comparing historical mutual fund NAV can show you that the performance of the XYZ fund was not great in 2016 but improved after that. The mutual fund 5-year return as of the end of 2019 can be computed by dividing the total number of years by the sum of the starting and ending NAV.
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Which factor would cause an increase in the supply of a good? a. expectations of future price increases b. a fall in the price of the good c. input prices rising d. an increase in the number of sellers
Expectations of future input increases factor would cause an increase in the supply of a good .
What does the supply curve mean?
An illustration of the relationship between a change in the cost of a commodity or service and the volume that a seller supplies is called a supply curve.
The horizontal x-axis displays the quantity supplied, while the vertical y-axis displays the price. Typically, a supply curve depicts the relationship between the quantity of goods produced and the price.
What factors lead to a rise in supply?
If the cost of manufacturing is reduced, there will be more profit at a given price, which will encourage manufacturers to create more. More being produced at every price will cause the supply curve to slant to the right, increasing supply.
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what are two of the differences between large and small company payroll practices quizzlet
The two differences between large and small company payroll practices lie in their level of complexity and automation.
There are several differences between large and small company payroll practices. Two of the main differences are:
1. Complexity: Large company payroll practices are generally more complex than small company payroll practices. This is because large companies have more employees, which means that they have to deal with more payroll-related issues, such as tax withholding, benefit deductions, and other payroll-related matters. Small companies, on the other hand, have fewer employees, which means that they have to deal with fewer payroll-related issues.
2. Automation: Large companies are more likely to use automated payroll systems than small companies. This is because large companies have more employees and more complex payroll practices, which makes it more difficult to manage payroll manually. Small companies, on the other hand, are more likely to use manual payroll systems, as they have fewer employees and less complex payroll practices.
Overall, there are several key differences between large and small company payroll practices, including the level of complexity and the use of automation.
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