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2 years ago

Which of the following is a microeconomic topic?

Business

1 answer:

Angelina_Jolie [31]2 years ago

4 0

Answer : A) The reasons why Kathy buys less orange Juice.

Reason:

Microeconomics is a branch of economics that studies the behaviour of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.

In short , we can say that microeconomics deals we individuals.

While macroeconomics involves the sum total of economic activity, dealing with the issues of growth, inflation, and unemployment and with national policies relating to these issues.

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We counted the number of people who entered our store across the span of a week in the morning, afternoon, and evening. What is

allsm [11]

Answer and explanation:

The simplest form to identify a difference in the frequency of the customers who visited the sore is by recording the number of people coming into the shop is well established time frames during the morning, afternoon, and night. After performing the report for at least a couple of weeks, a comparison should be made among the opening days and time frames during a day to find out what days are the heaviest in clientele and during what time.

4 0

2 years ago

Which of the following is correct? An increase in the quantity of labor always leads to economic growth. Increased education add

pishuonlain [190]

Answer:

Increased education adds to the stock of human capital, not unlike building factories adds to the stock of physical capital.

Explanation:

Economic growth can be defined as a persistent increase in the real Gdp of a country overtime.

An increase in the quantity of labour doesn't always lead to economic growth.

An increase in the productivity of labor leads to economic growth.

Third world countries aren't usually rich in human capital. One of the measures of human capital is education. Education is usually deficient in third world countries.

Factors that lead to economic growth are :

1. Improvement in technology

2. Investment in physical capital.

3. Increased availability of natural resocurces.

4. Investment in human capital

I hope my answer helps you

5 0

2 years ago

Read 2 more answers

A company had beginning inventory of 5 units that cost $10 each. During the month, 15 units were purchased for $11 each. The com

zysi [14]

Answer:

True

Explanation:

Using FIFO,

Under First in First out method, items that were purchased first will be availed for sale first. In this case, the opening stock of 5 at $10 items will be sold first. An additional 7 units will be required from the next batch of purchases at $11.

The costs of the first 12 units will be

=(5 x 10)+ (7 x 11)

=50 +77

=$127

With LIFO, the items acquired last will be sold first. In this case, the 12 items sold will come the batch of 15 purchased at $11 in the months

Using LIFO, the cost of goods available for sale.

=12 X $11

=132

The difference is the costs of goods available for sale is $ 5, with FIFO having a lower cost. It means FIFO profits will be $5 more.

3 0

2 years ago

Your risk manager just distributed a chart that uses three colors to identify the level of threat to key assets in the informati

Aneli [31]

<span>What type of risk analysis does this chart represent? This chart shows the qualitative and quantitative risk analysis. This analysis is used to identify and rate potential threats the organization may have. Companies perform risk analysis often because they work with risk. This helps them better understand the risks they may be facing and how to make the best decisions regarding them. </span>

6 0

2 years ago

Cryo-vac expects sales to increase 20% next year from the current level of $5,000,000. The firm has current assets of $1,000,000

MAVERICK [17]

Answer:

Consider the following calculations

Explanation:

Current Sales Level = $ 5000000 and Expected Sales Growth Rate = 20 %

Next Year Sales = 5000000 x 1.2 = $ 6000000

Expected Profit Margin = 8% and Expected Profit = 0.08 x 6000000 = $ 480000

Expected Dividend Payout = $ 200000

Increase in Retained Earnings = Expected Profit - Expected Dividend Payout = 480000 - 200000 = $ 280000

An increase in retained earnings such as the aforementioned unbalances the asset, liability, equity equation and hence, some of the asset-liability items need to change so as to rebalance the equation. The items that usually change are the current assets, fixed assets, and current liabilities except for the current portion of the firm's long-term debt as the same is a function of the firm's financing activities, whereas increment in the sale and consequent increment in other balance sheet items are operating activities.

Further, it is assumed that the current assets and current liabilities less notes payable (it is a short-term financing instrument and hence remains unchanged) all increase at the same rate as sales increment. Fixed Assets although increase to support higher sales level, but are part of the firm's investing activities and hence do not bear a direct proportional relationship with the increase in sales.

Change in Current Asset = (1.08 x 1000000) - 1000000 = $ 80000

Change in Fixed Assets = 300000 (already mentioned)

Change in Current Liabilities less Notes Payable = (750000 - 300000) x 1.08 - (750000 - 300000) = $ 36000

Therefore, Additional Financing Required = Change in Current Assets + Change in Fixed Assets - Change in Current Liabilities less Notes Payable - Increment in Retained Earnings = 80000 + 300000 - 36000 - 280000 = $ 64000

5 0

2 years ago