BUSINESS HIGH SCHOOL

The price (P) of designer jeans is affected by the supply (S) and the demand (D).Which of these can cause an increase in the price of designer jeans?

Increased demand and no change in supply

Decreased demand and increased supply

Increased supply alone

Decreased demand alone

Answers

Answer 1
Answer:

Answer:

Increased demand and no change in supply

Explanation:

The cost of goods and services is affected by two things:

Demand

Supply

According to the principles of economics, the demand  pushes the supply of the goods. However, there is a time where the demand far exceeds the supply. In this case, the price of the goods rise sharply to compensate for the short supply of the material which will come at higher price. This results in inflation.

Answer 2
Answer: Increased demand and no change in supply can RESULT in an increased price, but they don't 'cause' it. The CAUSE of the increase in price is the seller's decision to raise it, typically out of motives of get it when you can, charge what the traffic will bear, jack it up and fleece them when possible.

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What is one action an employer can take to lower wage levels?a. Hire only union workers.
b. Hire workers with more experience.
c. Replace some workers with machines.
d. Stop wage discrimination

Answers

The right answer for the question that is being asked and shown above is that: "c. Replace some workers with machines." one action an employer can take to lower wage levels is that c. Replace some workers with machines.

Why is this zero based budget the best method of budgeting?

Answers

Zero based budget the best method of budgeting - Reason:

Zero-based budgeting (ZBB) is a budgeting method where all expenses of each new phase have to be justified. The zero-based budgeting process beginning at zero bases and each component is examined for its requirements and expenses within an organization.

Zero-based budgeting can help to reduce costs by preventing massive increases or reduced to expenditure for the subsequent period. But this has taken far more time than conventional cost-based budgeting. It’s a time-consuming process.  

It is also a case of actual revenue because their contributions are easier to justify than in customer services and R&D departments.  
It helps you save a lot of money, if you are on zero budget you wont be as willing to spend money on non sense  rather than if you were to have say a weekly budget to where you know how much money you can spend on non sense. hope that makes sense.

Why are the factors of production necessary for the production of goods and services?

Answers

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.

Final answer:

The factors of production, including land, labor, capital, and entrepreneurship, are essential to goods and services production, enabling operation, task specialization, and innovation. They provide the means through which businesses can create their products or perform their services.

Explanation:

The factors of production are necessary for producing goods and services because they provide the resources businesses need to operate. These factors include: land, labor, capital, and entrepreneurship.

Land refers to all natural resources used in production, such as water, minerals, and land itself. Labor includes the physical and mental efforts of humans in production. Capital comprises machines, buildings, and tools used in production. Entrepreneurship, the risk-taking and organization of the other factors, is responsible for combining the other factors in an efficient manner.

Without these factors, production could not take place, specializing tasks becomes challenging, and there would be no medium to foster innovation.

Learn more about Factors of Production here:

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Of the following, which does NOT represent an example of a traditional workplace document?a. an Evite
b. an e-mail
c. a contract
d. a memorandum

Answers

a . an  evite which is more for social advents and not work .

Mass production requires all of the following excepta. division of labor
b. interchangeable parts
c. assembly line
d. training in each part of production

Answers

d. training in each part of production

Bonds issued by the government are safer investments because ____.a. amount they pay at maturity
b. credit rating of the issuer
c. interest rate paid
d. current yield

Answers

Bonds issued by the government are safer investments because B. CREDIT RATING OF THE ISSUER

Credit rating is an estimate of the ability of an individual or an organization to fulfill financial commitments based on previous dealings.

Unlike investments on a corporation, government issued bonds are assured of payment upon maturity without fear of bankruptcy or closure. Interests are paid periodically and the face value of the bond is paid upon maturity.

Answer:B

Explanation:
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