If the natural rate of unemployment was 6 percent, the current unemployment rate was 9 percent, and potential GDP A) was $320 billion in output not produced.
one of the maximum not unusual is GDP, which stands for gross domestic product. it's miles regularly noted in newspapers, on the tv news, and in reports by means of governments, central banks, and the business network. It has to turn out to be widely used as a reference factor for the fitness of national and global economies. Gross home product (GDP) is the usual degree of the cost introduced created via the production of products and offerings in a country during a positive duration. As such, it also measures the profits earned from that production or the full amount spent on the very last items and offerings (fewer imports).GDP = non-public consumption + gross non-public investment + government investment + authorities spending + (exports – imports).GDP is generally calculated by using the national statistical agency of the united states of America following the global general.
Learn more about GDP here: https://brainly.com/question/1383956
#SPJ4
an employer offers his or her employee the option of shifting x units of income from next year to this year. that is, the option is to reduce income next year by x units and increase income this year by x units. (a) would the employee
Consumers would, in fact, choose to transfer their revenue from the following year to the present. This is because, as a result of discounting, cash on hand right now is more valuable than cash accessible tomorrow. The consumer is also a net borrower, which means that he is already consuming more than his current consumption, and additional income this year will enable him to pay off some of his debt.
Financial assets and liabilities, including loans, shares, investment funds, and pension funds, are displayed in the Financial Account. The net lending or net borrowing is the difference between the entire rise in assets and the total increase in liabilities, which represents the overall change in the account.
To learn more about Net Income visit:
https://brainly.com/question/27291033
#SPJ4
the international blank system is responsible for governing exchange rates. multiple choice question. monetary swap fiscal gold
Supply and demand factors in the foreign exchange market are often what drive exchange rates.
What does the international system of currency rates mean?The exchange rate is the cost involved in converting one currency into another. The vast majority of exchange rates are classified as floating and alter in reaction to supply and demand in the market. Some exchange rates are predetermined or connected to the value of a specific country's currency.
Who controls the currency exchange?The Reserve Bank of India Act, 1934 contains the legal guidelines guiding the administration of foreign exchange reserves. For two key reasons, the Reserve Bank's reserves management function has increased in recent years in both importance and sophistication.
To know more about rate visit:-
https://brainly.com/question/14731228
#SPJ4
Answer:
Monetary.
Explanation:
The international MONERTARY system is responsible for governing exchange rates.
you're working with a beverage client on a new campaign. after reviewing a report in campaign manager 360, you notice that the default ads are running more often than the new campaign-assigned ads. what could be the cause of this issue?
You used targeting based on geography, language, and technology. Three separate pieces of creative were featured for this campaign. The advertisement's priority was set to "2" so that it would run before the default. The advertisement is expected to appear on many websites and platforms.
For marketers and agencies, there is a web-based ad management solution called Campaign Manager 360. You may manage your digital marketing across websites and mobile devices with its aid.
The tools for ad serving, targeting, verification, and reporting are extensive. They should check the campaign settings in Campaign Manager 360 to determine if their mobile-friendly advertising is enabled.
To know more about Campaign Manager 360 here
https://brainly.com/question/28025159
#SPJ4
The annual average percentage change in Real GDP is 2.3 percent, and the annual average percentage change in velocity is 1.1 percent. Using the monetary rule discussed in the text, what percentage change in the money supply will keep prices stable (on average)?
Prices will remain constant if the money supply changes by 1.2%.
What factors will cause the price to remain constant?As is well known, the percentage change in velocity is inversely correlated with the percentage change in the money supply. It indicates that as velocity increases, the money supply decreases, and conversely, as velocity decreases, the money supply increases. It demonstrates that each take different paths.
Step-By-Step formula to find change in money supply:Percentage change in money supply=
Percentage change in the quantity−Percentage change in velocity
Percentage change in the quantity is 2.3
Percentage change in velocity is 1.1
Percentage change in money supply is 2.3−1.1
Percentage change in money supply is 1.2
To know more about Real GDP visit: https://brainly.com/question/15171681
#SPJ4
dr ford frequently points out that companies are looking to hire graduates with creativity and entrepreneual thinking skills. which of the following approaches to maanging creativity do statements like this reflect?
Novelty to success approaches to managing creativity reflect this.
It is at least as difficult to describe novelty, newness, or innovativeness as it is to define the term project itself. These terms are frequently used as synonyms. It is impossible to describe novelty in purely objective terms. As a result, several "perspectives" are taken into account.
But even one viewpoint—that of a company working on a project—cannot be regarded as uniform. Instead, novelty is a subjective phenomenon since it is imagined. The notion originates from the fantasies of a group of linked individuals who contribute to a project, excluding one-person initiatives.
This group of people needs to be identified because the definition of the project includes the separation of project activities from other activities. We cannot discuss an objectified notion of novelty unless all of these people's perceptions are the same.
To know more about novelty:
https://brainly.com/question/15554331
#SPJ4
designing and implementing a global database is a technical challenge, mainly because of the . a. complications involved in providing complete autonomy to a company’s subsidiaries b. variations in the business needs of an organization c. need to transfer data across cultural and geographic bound
Designing and implementing a global database is a technical challenge, mainly because of the different character sets used for the names of people and places.
A business database is a classified compilation of information about the complete business operation. Businesses utilize databases for a variety of things, including obtaining data on customers and clients and keeping track of sales, spending, and other financial data.
Global Database provides business data for 195 countries. It is the most complete platform for business directories, giving users access to leading organizations and their important relationships.
A database is a group of data that has been arranged for easy management, updating, and access. Information like sales transactions, client information, financial data, and product information are frequently saved in computer databases as collections of data records or files.
To learn more about Database visit:https://brainly.com/question/5707732
#SPJ4
marigold corp sells mp3 players for 60 each variable costs are 40 per unit and fixed costs total 120000 how many 1800000
Break-even point = 165,000 units
What are some instances of fixed and variable costs?Variable costs fluctuate depending on how much product is produced. Variable costs include, for example, labor, commissions, and raw materials. The amount of fixed expenses is constant regardless of the degree of production. Examples of fixed costs are insurance premiums, rent and lease payments, and interest payments.
Providing the following details:Price to Sell: $60
Each unit's variable expenses are $40.
Total fixed costs are $120,000.
$180,000 is the desired profit.
We must apply the following formula to determine the required number of units to be sold:
(Fixed costs plus targeted profit)/contribution margin per unit equals the break-even point in units.
120,000 + 1800,000 / 40 is the break-even point in units.
Breakeven point = 165,000 units .
To know more about Breakeven point visit:-
https://brainly.com/question/15406644
#SPJ4
the underlying key assumption, and oftentimes a key disadvantage, of the dividend growth model is that it assumes the dividend (fill in the blank).
The fundamental presumption is that dividends grow at a constant pace, which will never be precisely true even for corporations that pay dividends. Only situations where somewhat consistent growth is predicted to occur are actually suitable for the dividends growth model.
What exactly is a dividend growth model?The dividend growth model is a mathematical method that investors can use to calculate a realistic fair value for a company's stock based on its present payout and predicted dividend growth in the future.
The dividend growth model has the following fundamental formula:
Price = Annual Dividend as of Now (Desired rate of return-Expected rate of dividend growth) When estimating a stock's fair price based on various possible outcomes, this formula can be a useful tool. Investors, though, need to be aware that a modeling tool like this one is built using numerous assumptions. As an illustration, a typical practice is to estimate future growth by using a company's recent historical dividend growth. Then again,
To know more about dividend growth model visit:
https://brainly.com/question/18650705
#SPJ4
consider the aggregate demand-aggregate supply diagram below, which represents the macroeconomy. suppose the market is initially at an equilibrium at point a. what effect will a tax increase have on this economy?
A tax increase will shift the aggregate demand (AD) curve to the left, causing a decrease in the equilibrium price and an increase in the equilibrium output.
The Effects of Tax Increases on the MacroeconomyThe aggregate demand-aggregate supply diagram provides a useful way to analyze the macroeconomy. When the market is initially at equilibrium at point A, a tax increase will have a significant effect on the economy.
The tax increase will shift the aggregate demand (AD) curve to the left, which will cause the equilibrium price to decrease and the equilibrium output to increase. As a result, the economy will move from point A to point B, leading to a decrease in output and an increase in unemployment. This shift in the AD curve is a result of the increased cost of goods and services due to the tax increase, which will reduce consumer spending and therefore reduce aggregate demand.
Learn more about Macroeconomy at: https://brainly.com/question/3558688
#SPJ4
once the sales agents begin receiving email responses from prospects, they should prioritize their selling efforts by qualifying the prospects based on product need and ability to purchase the product. which two questions will you include in the agents' email response to preliminarily qualify a prospect for the purchase of a welcome home town home?
Which two questions will you include in the agents' email response to preliminarily qualify are 1. "I see. Do you and they have an agreement?" · 2. "I see. What outcomes are you experiencing?" ·
What comes last in the process of creative selling?Even after you've sent them to the implementation team, the final stage in the creative selling process is to follow up with your client.
Which of the following is a promotion goal for businesses?The common goals of sales promotion, however, are to introduce new products, draw in potential clients, raise brand awareness, etc. New products are introduced to potential clients through sales promotion in an effort to convince them to purchase the products.
To know more about email visit:-
https://brainly.com/question/14666241
#SPJ4
In a perfectly competitive market, each firm produces its last unit at: the same marginal cost. one of several marginal costs. a unique marginal cost. one of two marginal costs.
In a perfectly competitive market, each firm produces its last unit at the same marginal cost. So, the correct option is a.
Since firms in a perfectly competitive market are identical, their marginal cost is the same, and each firm produces its last unit at the point where the firm is equal to the marginal cost.
Marginal cost refers to the increase or decrease in the cost of producing one more unit or serving one more customer. It is also known as incremental cost. Marginal cost are based on production expenses that are variable or direct - labor, materials, and equipment. There is a marginal cost when there are changes in the total cost of production.
Learn more about the marginal cost here:
https://brainly.com/question/3200587
#SPJ4
accountants include costs as part of a firm's costs, while economists include costs. question content area bottom part 1 a. explicit and implicit; implicit b. explicit; explicit and implicit c. implicit; no implicit d. explicit; no explicit
Accountants include costs as part of a firm's costs, while economists include costs, the correct answer will be, "Explicit, explicit and implicit."
Accounting costs are expenses that often involve payments for things like rent, salaries, the cost of goods, etc. The economic cost, on the other hand, is a cost that includes both explicit and implicit costs. Typically, the opportunity cost is the implicit cost.
A cost that exists without the exchange of money and is not documented for accounting purposes is referred to as an implicit cost. Implicit costs don't indicate a loss of profit; instead, they represent the loss of income.
To learn more about Accounting Cost here:
brainly.com/question/20713944
#SPJ4
if $1,068,000 of 10% bonds are issued at 102 1/2, what is the amount of cash received from the sale? select the correct answer. $801,000 $1,094,700 $1,068,000 $1,174,800
On the sale, $1,020,000 in cash was obtained.
How much money have your clients paid you in total?The sums of money (cash) that you get from your clients are known as cash receipts. These increase the amount of cash that is reported on the balance sheet of an organization. Their production may come through sales or collects.
How do you keep track of money you receive?A visual representation of the amount of money from the sale
You can record the money in your books because you already received it at the moment of sale. Once more, you must enter a debit in your diary for cash receipts and a credit in your journal for sales. Register a $250 debit in your sales record and a $250 credit for cash receipts.
To know more about cash visit:-
https://brainly.com/question/10776890
#SPJ4
for every happy customer who shares their satisfaction regarding a particular product or service with another person, a dissatisfied customer is likely to share his/her dissatisfaction with other people
for every happy customer who shares their satisfaction regarding a particular product or service with another person, a dissatisfied customer is likely to share his/her dissatisfaction with eight other people .
What Exactly Is a customer ?One who purchases goods or services from another company is referred to as a customer. Customers are critical to a company's success because they provide income; without them, the company would have to close its doors.
The recipient of an item, service, product, or idea gained from a seller, vendor, or supplier through a financial transaction or exchange for money or another valuable consideration is known as a customer in sales, commerce, and economics (also known as a client, buyer, or purchaser).
To know more about customer visit:
https://brainly.com/question/13472502
#SPJ4
many companies manage in an effort to gain favorable publicity for themselves and their products.
Many companies manage public relations in an effort to gain favorable publicity for themselves and their products.
Public members of the family (PR) is the exercise of managing and disseminating records from an character or an corporation (which includes a business, authorities employer, or a nonprofit organization) to the general public in order to influence their perception. Public relations and publicity fluctuate in that PR is managed internally, while exposure isn't always managed and contributed by using external events.
Learn more about public relations here
https://brainly.com/question/20313749
#SPJ4
Activity
Using the information in this article, determine the Marketing Mix for Jones’ Thanksgiving Sodas. Place the information in the correct area: product, price, place, or promotion.
PRODUCT PRICE
Ex: Calorie free
1. 1.
2. 2.
PLACE PROMOTION
1. 1.
2. 2.
DAY TWO: GLOBAL ANALYSIS (25 points)
Outsourcing
Outsourcing of jobs to workers in foreign countries has become a controversial issue in recent years. Using the Internet and the library, research the issue by reading articles in recent news magazines and newspapers.
Activity
What are the prevailing arguments against the outsourcing of jobs, and how are they answered by the companies that use outsourcing? What is your opinion on the balance of pros and cons - and what are some possible solutions to the dilemma?
DAY THREE: INTERPERSONAL SKILLS (25 points)
Parking
Your coffee shop sits in a strip mall next to a small restaurant. The owner of the restaurant has complained to you about parking: There are not enough spaces available for his customers during lunch and dinner hours.
Activity
What are some suggestions you might offer to alleviate this situation? Prepare an outline for a conversation between the two owners: List your suggestions and the pros and cons for each.
DAY FOUR: PREPARING FOR THE SALE (25 points)
Choosing a Contractor
Using the Internet, locate six companies that offer sales training.
Activity
How would you go about choosing which one, if any, to use for your company? Develop a feature-benefit chart that applies to such service providers.
As per the given information in the article of Jones’ Thanksgiving Sodas marketing-mix criteria under wider marketing concept of Business Studies include Product, Price, Place & Promotion element.
What is marketing mix?The notion of the marketing mix, which consists of four key marketing components, determines the potential growth of any product in both the short- and long-term. The marketing mix for the manufacturing or trading of goods includes the four Ps: product, price, promotion, and place.
For Soda Business product Mix includes different type of soda drinks, price mix includes various type of cost component & profit margin per unit, place mix includes location of store outlets near college or educational institute, promotion mix advertisement through banners, outlets, offers etc.
Therefore the best strategy to increase sell is marketing mix.
To know more about marketing mix refer:
https://brainly.com/question/14591993
#SPJ1
Retirement express Enterprise expecting a significant amount of retirements over the next five years. The owner, Susan, has asked the HR division to forecast what that means for future hiring needs. Which of the Following statements is most accurate?
Identifying the present human resources that are accessible inside the organization will be the first phase of the forecast.
What does the word "organization" mean exactly?a general phrase used to describe any kind of formal or informal association between people. Any sort of political and civil association of individuals is considered an organization, along with a business, a government, a partnership, etc. An organization's main objective is to comprehend and efficiently manage the business.
What three types of organizations are there?The organizational structures utilized by the majority of businesses today can be categorized into three types: functional, departmental, and matrix. Before choosing which of these forms to use for their firm, owners must weigh the benefits and drawbacks of each.
To know more about organization visit:
https://brainly.com/question/28497652
#SPJ4
based on this information alone, what are the amounts of total liabilities that would appear on riley's december 31 balance sheets for year 1 and year 2, respectively?
The amount of total liability that will appear in Riley's December 31 balance sheet in Year 1 is $ 52, 625.
The amount of total liability in Year 2 December balance sheet is $ 0.
How to find the total liability ?Total liabilities are all of a business's responsibilities and debts to third parties. All of the company's assets are included as assets, and all sums owed for upcoming obligations are recorded as liabilities.
In the first year, the total liability to Riley would be:
= Amount borrowed + (Amount borrowed x Percentage interest x Number of months borrowed / Number of months in year )
= 50, 000 + ( 50, 000 x 7 % x 9 / 12 )
= $ 52, 625
The total liability in the second year would be zero because the Note carries a one - year term.
Find out more on total liability at https://brainly.com/question/3749316
#SPJ1
First part of the question is:
Riley Company borrowed $50,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 7% annual interest rate. Riley earned cash revenues of $1,160 during Year 1 and $1,800 during Year 2. Assume no other transactions.
in a taxless world with no brokerage costs, repurchases and dividends have the same effect on shareholder wealth. in the real world, however, repurchases provide more preferable tax treatment than dividends to ordinary investors. does this mean that firms should always use share repurchases so that investors can gain from this tax benefit? no yes
In a taxless world with no brokerage costs, repurchases and dividends have the same effect on shareholder wealth. in the real world, however, repurchases provide more preferable tax treatment than dividends to ordinary investors. does this mean that firms should always use share repurchases so that investors can gain from this tax benefit. NO
Taxes are obligatory contributions levied on people or corporations by using a government entity—whether or not neighborhood, regional, or countrywide. Tax sales finance authorities activities, together with public works and services together with roads and schools, or packages which includes Social safety and Medicare.
Taxes are essential due to the fact governments accumulate this cash and use it to finance social projects
Learn more about tax here:https://brainly.com/question/26316390
#SPJ4
[roommate troubles] dexter, bernard, and garren were roommates who do not get along and decide to go their separate ways when their lease expires on may 31. dexter owes bernard $500 and signs a promissory note that he will pay bernard $500 by july 1. bernard, who owes garren money, endorses the back of the note and writes "pay to the order of garren" on the back and gives the note to garren. on july 2, garren tells dexter that bernard signed the promissory note to him, so dexter should just pay garren the $500. dexter refuses to pay garren anything. garren then tells bernard that dexter dishonored the note and sues bernard for the value of the note. who is primarily liable on the promissory note and who is secondarily liable?
Yes, he can file a lawsuit against Dexter, who is principally responsible for the note.
What is promissory note?
A promissory note, also known as a note payable, is a legal document in which one party agrees in writing to pay another party a certain amount of money on demand or at a specific future time, subject to certain terms and conditions.
You should think about having one if you're borrowing or lending money. You can write one as either the borrower or the lender.
All Promissory Notes are only valid for three years beginning with the date of execution, beyond which time they become void. There is no upper limit on the total sum that may be lent or borrowed.
read more about promissory note
https://brainly.com/question/14020416
#SPJ4
which of the following decreases aggregate demand and shifts the ad curve leftward? group of answer choices a) a tax cut b) a decrease in price level c) a decrease in government spending d) a decrease in imported goods and services
The aggregate demand curve tends to shift to the left when aggregate consumer spending decreases. Consumers may be spending less because the cost of living is rising, or because government taxes are increasing.
Consumers can choose to spend less and save more if they expect prices to rise in the future.
Aggregate demand curves show total spending on domestic goods and services at each price level. Below is an example of an aggregate demand curve. As with the aggregate supply curve, the horizontal axis is the real GDP and the vertical axis is the price level.
The aggregate demand curve represents aggregate consumption, investment, government purchases, and net exports at each price level for each period. It is powered by the wealth effect on consumption, the interest rate effect on investment, and the international trade effect on net exports.
To learn more about the aggregate demand curve
https://brainly.com/question/15392909
#SPJ4
the alternative minimum tax has become an added tax burden on many upper-middle - class families because:
As it is not inflation-indexed, the alternative minimum tax has increased taxes for many upper-middle class families.
What is Inflation indexing?Indexation, a method of adjusting income distributions, is used to maintain the public's purchasing power after inflation. The reverse of indexation is called deindexation.
Some taxpayers are required to determine their tax burden twice—once under ordinary income tax laws and once under the Alternative Minimum Tax (AMT)—and pay the amount that is higher. In comparison to the standard system, the AMT has fewer preferences and various exclusions and rates.
The most well-known indicator of inflation is the Consumer Price Index (CPI), which determines the percentage change in the price of a variety of goods and services that families regularly use.
To know more about Inflation indexing, visit:
https://brainly.com/question/26844867
#SPJ1
if customers buy a quantity of seven products per week, regardless of the price, the numeric value of the price elasticity of demand for the product is
if customers buy a quantity of seven products per week, regardless of the price, the numeric value of the price elasticity of demand for the product is Cross-price elasticity.
What is Cross-price elasticity?The cross elasticity of demand, also known as the cross-price elasticity of demand, in economics quantifies the relationship between the percentage change in the quantity of a commodity sought and the percentage change in the price of another good, ceteris paribus. The percentage change in a given product's quantity demanded as a result of a percentage change in the price of a "related" product is known as cross price elasticity of demand.
Cross price elasticity (XED) is calculated as follows: (% change in product A demand) / (% change in product B price) This implies that the products A and B can be substituted for one another because it is a positive value larger than zero.
To know more about cross elasticity, refer;
https://brainly.com/question/12999946
#SPJ4
which of the following groups or organizations can initiate oversight of executive branch bureaucracy?
The Congressional Budget Office is the organization that can initiate oversight of the executive branch's bureaucracy.
A government organization inside the US Congress, the Congressional Fiscal Office supplies Congress with a budget and economic data. In relation to government economic and financial choices, the Congressional Budget Office (CBO) offers Congress fast, unbiased, objective information, analysis, and projections.
The President submits the budget to Congress by the first Monday of February each year. The budget provides estimates of federal revenues and expenditures for the next fiscal year and recommends federal funding levels.
The bureaucracy is the heart and soul of government administration. Policies approved by key decision-makers are interpreted and enforced by law enforcement agencies and departments.
Complete question:
Which of the following groups or organizations can initiate oversight of executive branch bureaucracy?
a. Congressional Budget Office
b. congressional committees
c. individual members of Congress
d. private citizens
To learn more about bureaucracy
https://brainly.com/question/3950164
#SPJ4
what type of information would be shared during the effort reporting component of the kickoff meeting? a.) decide when project team meetings would occur and who would be involved b.) prepare copies of the scope, governance, and schedule for team members to review c.) create a raci to share with each team member d.) detail how team members should alert the project manager when hours needed to complete tasks go beyond estimates
Answer: D - Detail how team members should alert the project manager when hours needed to complete tasks go beyond estimates
Explanation: During effort reporting, all team members should report on their actual time. If more time is needed than estimated, the program manager should be notified.
Statement of work, project scope, timeline, and deliverables This is one of the most important aspects that will be discussed during the project kick-off meeting.It establishes the project's scope and confirms whether or not everyone is on the same page.
When and where does the project kickoff meeting take place, and what is its purpose?
The project manager, the client, and the team all meet for the first time at the kickoff meeting.The team is introduced to the project's goals and client requirements during the kickoff meeting.The meeting is typically hosted by the project manager.
Establish a schedule, communicate it to your attendees, and then stick to it.Without getting too specific, talk about the fundamental roles and responsibilities. Give an overview of how you'll complete the work, including any tools or platforms you'll be using.Perform a quick timeline and other important dates.
Learn more about kick-off meeting here:
https://brainly.com/question/28873158
#SPJ4
discuss with the accounts payable supervisor whether any amounts included on the accounts payable list are due to related parties, debit balances, or notes payable.
A company's current responsibility for goods or services it purchased from suppliers on credit is known as accounts payable (AP). AP is a department and a job as well.
Which activity causes the accounts payable to increase?In essence, an outstanding bill causes the accounts payable to grow, but paying the debt causes the accounts payable to decrease. You can improve the health of your cash flow by extending the time period for paying your bills.
What does it signify when there is just one ruled line beneath a column of figures?You will be adding or subtracting the numbers above according to the single rule drawn under a column. "Drawing a double line" is the Double Rule. The amounts above are totals that are equal and there are no additional entries because of a double rule.
To know more about accounts payable visit:-
https://brainly.com/question/24317224
#SPJ4
the use of specialty catalogs from firms such as ikea, crate and barrel, and l.l. bean have been affected by all of these factors except which?
the use of specialty catalogs from firms such as ikea, crate and barrel, and l.l. bean have been affected by, The growing influence of television home shopping.
What precisely is Growing Influence?
Emily is a 30-year-old professional with a young family and high aspirations. She is having an impact in her role as manager at a tech company, but after being passed over for several promotions, she is unsure of how to get better. A kindly—and surprisingly direct—older man in a coffee shop appears to her as fate's response. David, a former respected CEO, has extensive experience in leadership. David is the ideal guide for Emily because she needs direction.
Growing Influence provides readers with both useful guidance on how to hone leadership abilities and a relatable account of one woman's development as a result of putting the book's principles into practice.
Know more about home shopping visit:
https://brainly.com/question/21219903
#SPJ4
if he uses the shortest processing time first priority rule to schedule these jobs, what will be the average number of jobs in his shop today?
If he uses the shortest processing time first priority rule to job schedule , what will be the average number of jobs in his shop today is 2.
Explain the importance of shortest processing time?Shortest Processing Time (SPT) The shortest processing time rule arranges jobs in ascending order of processing time. When a machine is freed, the shortest work available at the time begins processing. This algorithm is best for determining the shortest total and weighted completion times. The job that takes the least amount of time to process gets processed first. Work-in-process inventory, average job completion (flow) time, and average job lateness are all reduced by this rule. EDD (earliest due date). When the goal is to reduce job tardiness, this guideline comes in handy. The fastest processing time: Jobs are sequenced in increasing order of processing time in the SPT rule, with the shortest time first and the longest time last.
To know about job scheduling visit:
brainly.com/question/20595600
#SPJ4
Assume a simple model with only two countries: Japan and Canada, and two goods: cars and bacon. Suppose that the opportunity cost for Japan to produce 1 car is 2 units of bacon and the opportunity cost for Canada to produce 1 car is 4.5 units of bacon. Which of the following statements is true?
Japan would be economically better off if it produced cars and traded with Canada for bacon.
Trading is the buying and selling of securities such as stocks, bonds, currencies and commodities, as opposed to investments that imply a buy and hold strategy.
Investing takes a long-term approach to the market and is often associated with objectives such as retirement accounts. Trading includes short-term strategies to maximize earnings on a daily, monthly or quarterly basis.
Stock trading means buying and selling shares of a company in an attempt to profit from price changes. Traders are closely watching short-term price changes in these stocks. They buy low and sell high.
Learn more about Trading here:- https://brainly.com/question/25818989
#SPJ4
entry into the tourism market is open, so new destinations have a chance at gaining a market. group of answer choices true false
Because the tourism market is open, new destinations have a chance to gain a market share. Thus, the correct answer is true.
What are the types of markets in tourism?In economics, a market is a collection of systems, institutions, processes, social interactions, or infrastructures through which parties participate in trade. While parties can trade products and services through barter, most marketplaces rely on sellers selling their goods or services to purchasers in exchange for money. The structure that exists in each tourist market is determined by a number of interconnected factors.
There are four primary types of market structure:
• monopoly;
• monopolistic competition
• oligopoly
To learn more about markets, click
https://brainly.com/question/17284274
#SPJ1