over the period from 10,000 b.c. to a.d. 1, world population is estimated to have increased from 4 million to 170 million. assuming that the level of income per worker was constant, the quantities of human and physical capital per worker did not change, and the exponent on land in the production function is one-third, calculate the total growth in productivity over this period. what was the annual growth rate of productivity, a?

Answers

Answer 1

The growth due to total productivity is 50%. Productivity refers to a person's, group's, or organization's ability to work effectively within that time range in order to maximize output.

What was the productivity growth rate annually?

As physical capital worker rises to 900 the real GDP per capita rises to 200. Then the output doubles up to 2 times in 70 years. Then output doubles up in 35 years

g=2%

In terms of time, a day, a year, or a life are all limited.

Motivation, personality, inherent skill, education or training, environment, peer support, time management, and even luck all contribute to high productivity.

As the country moves from A to C the output rises by 300% the output growth due to only capital was only 100% by method 1

100%

gy = ga +gk

1 = ga/gy + gk/gy

ga/gy = 1 -0.5 = 0.5

= 50%

Therefore 50 % of the growth was due to total productivity.

To learn more about total growth in productivity refer

https://brainly.com/question/18917440

#SPJ4


Related Questions

pro formas represent the best guess by a treasury department as to what the accounting statements of a project will look like if the business accepts the investment.
True or False

Answers

True, pro formas represent the best guess by a treasury department as to what the accounting statements of a project will look like if the business accepts the investment.

A pro forma is a financial projection or estimate that uses assumptions and data to create a snapshot of how a project or investment might perform in the future. Treasury departments use pro forma statements to make informed decisions about whether or not to proceed with an investment, based on the potential financial outcomes.

These projections include items such as revenues, expenses, cash flows, and balance sheet items. They help businesses evaluate the potential risks and rewards of an investment, as well as assess the overall financial health of the project.

Pro formas can also be used for budgeting, forecasting, and assessing the impact of various scenarios on the company's financial position.

While pro formas are based on assumptions and estimates, they provide a valuable starting point for decision-makers. By analyzing different scenarios and their potential outcomes, the treasury department can make more informed choices regarding investments and project funding.

In summary, pro formas serve as a best guess by a treasury department regarding the future accounting statements of a project if the business accepts the investment. They are essential tools in evaluating the financial feasibility and potential risks of a project, aiding in decision-making processes.

To know more about investment refer here:

https://brainly.com/question/15105766#

#SPJ11

Last year, your store's total revenue was $570,000. The store's total discounts were $15,000 and returns totaled $10,000. What were your
store's net sales?

Answers

Answer:

$545,000

Explanation:

Net sales represent a company's gross sales or revenues minus the sales returns, allowances, and discounts. Therefore, the net sale is the actual amount the company realizes from its sales.

in the cases;

net sales = revenue - discounts

net sales = $570,000 - ($15,000 +$10,000.)

net sales =$570,000 -$25,000

Net sales =$545,000

There is an increase in economic activity when the Federal Reserve Board Multiple Choice sells government securities. lowers the discount rate. increases reserve requirements. restricts credit controls. sells investments.

Answers

There is an increase in economic activity when the Federal Reserve Board lowers the discount rate.

When the Federal Reserve Board lowers the discount rate, it reduces the interest rate at which banks can borrow funds from the Federal Reserve. This action stimulates economic activity by encouraging banks to borrow more, which in turn leads to increased lending to businesses and consumers. The lower discount rate makes borrowing more affordable, incentivizing businesses to invest in expansion and individuals to make purchases using credit. Lowering the discount rate is a monetary policy tool used by the Federal Reserve to stimulate economic growth.

By reducing the cost of borrowing, it encourages borrowing and spending, which stimulates overall economic activity. This can result in increased business investment, job creation, consumer spending, and economic expansion. It is important to note that the other options listed in the multiple-choice question (selling government securities, increasing reserve requirements, restricting credit controls, and selling investments) typically have the opposite effect on economic activity. These actions are often used by the Federal Reserve to tighten monetary policy and slow down economic growth or control inflation.

Learn more about Federal Reserve Board here: https://brainly.com/question/14059357

#SPJ11

Does it make sense to buy software to measure carriers' performance? A. Yes. Doing so allows you to make side-by-side comparisons of carriers' on-time rates, damages, and many other important measurements. B. No. There's no substitute for calling carriers and finding out their information through a series of one-on-one conversations. C. Maybe, if you're just starting out in the business. D. Maybe, if you've been a broker or agent for many years and need to fine-tune your carrier selections.

Answers

Yes. Doing so allows you to make side-by-side comparisons of carriers' on-time rates, damages, and many other important measurements. Option A is the correct answer.

By purchasing software to measure carriers' performance, you gain access to data-driven insights and metrics that can help you evaluate carriers more effectively. This software provides objective measurements of carriers' performance, such as on-time delivery rates and damages, allowing you to compare different carriers' performance side by side.

This data-driven approach provides valuable information for making informed decisions and selecting carriers that best meet your specific requirements. It saves time and effort compared to relying solely on one-on-one conversations with carriers, making it a sensible choice for improving carrier selection and performance evaluation.

Option A is the correct answer.

You can learn more about purchasing software at

https://brainly.com/question/14078928

#SPJ11

The total assets of commercial banks in 2015 amounted to:
a. three times nominal GDP in the U.S.
b. about one-half of nominal GDP in the U.S.
c. about four-fifths of nominal GDP in the U.S.
d. about one-tenth of nominal GDP in the U.S.

Answers

In 2015, the total assets of commercial banks amounted to about four-fifths of the nominal GDP in the U.S. The correct option is (c).

According to the Federal Reserve, the total assets of commercial banks in the U.S. were approximately $16.4 trillion as of December 31, 2015. In comparison, the nominal GDP of the U.S. in 2015 was approximately $18.2 trillion. This means that the total assets of commercial banks were about 90% of the nominal GDP in the U.S.

The assets of commercial banks include loans, securities, reserves, and other financial assets, while the GDP represents the total value of goods and services produced in the economy. The large size of the banking sector in relation to the GDP reflects the important role that banks play in financing economic activity and providing liquidity to the financial system.

However, it also highlights the potential risks and challenges associated with managing a large and complex financial sector.

hence, the correct option is c.

Learn more about Federal reserves: https://brainly.com/question/25817380

#SPJ11

4. Should the revelation that Tucker's chief financial officer had been convicted of
embezzlement affect the assessment of Tucker? Why or Why not?

Answers

Yes, since if word got out that Tucker's senior economic officer had been found guilty of theft, it would undoubtedly change how Tucker was viewed.

What is the meaning of finance?

The process of securing financing for all kinds of expenses is referred to as finance. It comprises distributing different financial resources, including as credit, leases, and investment capital, to the businesses that can make the most use of them.

On the other hand, even if the theft occurred before the individual worked for Tucker and the company was unaware of a criminal record, this could still be harmful to the hiring and screening processes at Tucker. If the corruption conviction was made public, it would definitely affect how people view Tucker as a company and cast doubt on its morals, management philosophy, and financial stability.

To know more about investment capital, visit:

https://brainly.com/question/29547577

#SPJ1

which of the following is the correct word phrase of "4b+10"?
A. four added to 10
B. the product of four and B added to 10
C. the sum of 4 and B plus 10
D. the product of four and B subtracted to 10

Answers

B.

4b can be interpreted as 4 multiples by b. B is a variable in this expression. Plus 10. So it would the product of four and B added to 10.

what should you include in the closing of a direct claim message? a statement that promotes goodwill and a summary of your request a clear statement of the problem a series of open-ended questions

Answers

A statement that promotes goodwill and includes an end date and action request needed to be included in the closing of a direct claim message.

A coverage claim letter is an important part of any insurance claim method. It helps the permitted insurance adjuster understand how lots money you're soliciting for to cover the harm. At minimal the letter must encompass records about the coincidence, the policy variety, the date of loss, and the amount claimed.

A claim letter is a persuasive letter despatched with the aid of a client to a enterprise or corporation to pick out a trouble with a services or products and can also be referred to as a letter of grievance.

Learn more about claim message here:https://brainly.com/question/28179143
#SPJ4

The difference between a financial aid package and total cost of collage can be made up by ______.
A: reapplying with different family contributions
B: signing up for fewer classes a semester
C: personal savings and student loans
D: going to a college with lower tuition costs

Answers

The difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.

Financial aid is referred to any form of funding which tends to help one in paying for for college, such as a loans, grant, scholarships or work-study programs. So, for most of the students, financial aid is essential to making college affordable.

It is estimated that about two thirds of college students receive financial aid based on their family's financial circumstances. So, here it is important  that the difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.

Hence, option C is correct.

To learn more about financial aid here:

https://brainly.com/question/28123082

#SPJ1

The business environment involves transforming ___
Select one:
a. Products to make profit
b. Resources into products to meet the needs of the organisation
c. Inputs into outputs to meet the needs of the customers
d. Inputs into outputs to meet the needs of the environment

Answers

Answer:

a) products to make profit

Explanation:

Do not overthink your answer. The goal of business is to make profit, and many companies are not involved in being good for the environment or even their customers.

A person who does not have capacity to contract may later contract.
A. accept
B. disaffirm
C. counteroffer
D. enforce​

Answers

Answer:

B.) Disaffirm

Explanation:

I just took it and got it correct

Answer:

B

Explanation: I just took it

Question 1 / 10

Which of these BEST concludes the story?

Concludes means ends. Which option is the best to end the story?
A.
Rita and I will most likely make the team because of our talent.

B.
As soon as we get to school tomorrow, Rita and I will read the list.

C.
Tomorrow, Rita and I will go to the community park to practice again.

D.
If Rita and I do not make the team, we will try out for a different sport.

Answers

Answer:

As soon as we get to school tomorrow, Rita and I will read the list.

Explanation:

Because I know.

George wants to be a registered nurse, so the best course of training is:
OA. a four-year college degree.
OB. on the job training.
OC. a trade school certificate.
OD. a graduate school after college.

Answers

If George wants to be a registered nurse, the best course of training is: A. a four-year college degree.

Who is a registered nurse?

A registered nurse can be defined as someone who  is qualified  to practice nursing and have been giving the license to practice nurse.

Hence, Option A is correct because to be a registered nurse the person must meet the necessary requirements and one of the requirement that must be meet is to have a  bachelor's degree in nursing or a four-year college degree in  nursing from an accredited university or college.

Learn more about registered nurse here:https://brainly.com/question/6685374

#SPJ1

Answer:

A

Explanation:

i just got it's right

Suppose General Electric payed its line workers $12 per hour

Answers

The relevant answers with regard to real wages are as follows:

A) $10.08

B) 10.89

C) 19.05. See explanation below.

What is the computation justifying the above results?

[A]

Recall that Real Wages are computed as follows;

Real Wages = (Nominal Wage/CPI in the Given Year) x CPI in the base year

12 = (N/84) x 100

= 10.08

[B]

The formula for real wage still stands:
Hence,

12 x 1.08 = (N/84) x 100

= 10.89

One thing to keep in mind is that the percentage rise in real wages is always equal to the percentage increase in nominal wages. The same may be demonstrated with other values.

[C]

It is to be noted that the real wage is pegged at $12 which is same from the prior year.

Hence, percentage increase = 0

But because $12 is Nominal in the incumbent year,

[(12 - 10.08)/10.08] x 100

= 92/10.08

= 19.05

What is real wages?

Real wages are earnings adjusted for inflation, or pay expressed in terms of the quantity of goods and services that may be purchased. In contrast to nominal wages or unadjusted wages, this word is used.

Learn more about real wages:
https://brainly.com/question/22683172
#SPJ1

Full Question:

Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflation occurred and the aggregate price level fell to 84 in 2016. Instructions: Round your answers to two decimal places. a. GE needed to pay its workers $ in 2016 in order to keep the real wage fixed at $12. b. GE needed to pay its workers $ in 2016 if it wanted to increase the real wage by 8 percent. c. If GE kept the wage fixed at $12 per hour in 2016, in real terms, its workers got a % increase in wages.

Gamma, Inc., has struggled for industry dominance with Ardent, Inc., its main competitor, for years. Gamma has gathered and analyzed large amounts of competitive intelligence about Ardent. It has observed as much of the firm's internal functioning and technology as it can legally, yet Gamma cannot understand why Ardent has a competitive advantage over it. The source of Ardent's success is: Group of answer choices unfair. causally ambiguous. impregnable. non-substitutable.

Answers

Answer:

Option B, Causal ambiguity

Explanation:

Causal ambiguity defines the situation where there is lack of understanding of  cause-and-effect interactions between resources and competitive advantage. This is the case with the Ardent  having a competitive advantage over Gamma. It relates the ambiguity between resources and performance  of available resources.

Option B is correct

explain advertisement

Answers

Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.

The will determine how many non-profit service operations to open in a particular geographical area The Huff model The maximal service distance method The cross-median method The maximal greedy algorithm The maximal shortest-path tree

Answers

The Huff model can be used to determine the optimal number of non-profit service operations to open in a specific geographical area.

The Huff model is a probabilistic method that takes into account the population and the attractiveness of different locations within the area. It considers factors such as distance, population size, and competition to estimate the probability that individuals will choose a particular service operation over others. By applying the model to various potential locations, it becomes possible to identify the optimal number of service operations that would best serve the population and minimize competition.

The model can be further enhanced by considering additional factors such as demographic data, income levels, and transportation accessibility. Through this analysis, decision-makers can make informed choices about the number and location of non-profit service operations in order to maximize their impact and meet the needs of the community effectively.

Learn more about demographic data  here

brainly.com/question/7212745

#SPJ11

Explain the impact of strikes as a socio-economic issue on businesses.​

Answers

19 Sep The Effects of strikes on Businesses and Employees

Employment relationships between both parties could become strained and this could affect teamwork and profitability. Businesses suffer production and financial losses and consumer confidence is adversely affected.

in reviewing client billing, you have discovered many entries for work which you know was not done. What to do ?

Answers

As for the actual billing entries, segment what you accomplish into distinct ones so the client can understand the worth of the time spent. For instance, don't only add time for "Review of medical records" when reading medical records, especially if the records are extensive. Put "Review of 800 pages of medical records in preparation for creating deposition outline" on the invoice instead. Inform the customer of your progress, for instance, and how the assignment advances the case.

Analyze the elements of a fraud claim under South Carolina law, for example, or determine whether a golf cart qualifies as an automobile for the purposes of a motor vehicle insurance policy by conducting multijurisdictional research. If a client is aware that a five-hour block of time was divided into examining four different concerns and necessitated a multi-jurisdictional search, the client is less likely to object.

The same is true for memos and briefs; create separate bills for each portion of the documents, such as "Draft statement of facts in support of motion to dismiss," "Draft summary of the case," "Draft argument re: lack of purposeful ailment," etc. By billing in this way, the client can see just how much work you are putting in. If the client is aware that the brief is 20 pages long and addresses four separate topics, they are less likely to query the cost if you spent 10 hours creating it. Include that information in the time entry if the judge or the relevant procedural rules specify that certain elements of a brief or memorandum of law be prepared. This helps the client understand why the assignment was important for winning the case.

Learn more about Elements here:

https://brainly.com/question/14347616

#SPJ4

What does it mean to invest your own risk?

Answers

Investment risk is defined as the probability or uncertainty of losses rather than expected profit from investment due to a fall in the fair price of securities such as bonds, stocks, real estate, etc.

Identify and explain 2 reasons why a business such as AEC could not be successful without other firms providing natural resources

Answers

Answer:

AEC needs rubber to make its seals too. Oil is needed to produce rubber and, like coal and iron ore, oil is a natural resource. Without oil, AEC would have no rubber for seals. Natural resources are declining over time + coal reserves, especially, are running out.

Answer:

Identify and explain 2 reasons why a business such as AEC could not be successful without other firms providing natural resources

Explanation:

AEC needs rubber to make its seals too. Oil is needed to produce rubber and, like coal and iron ore, oil is a natural resource. Without oil, AEC would have no rubber for seals. Natural resources are declining over time + coal reserves, especially, are running out.

What are the effects of an increase in labor productivity on potential GDP, the
quantity of labor, the real wage rate, and potential GDP per hour of labor?

Answers

An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.

What are the effects of an increase in labor productivity on potential GDP, the quantity of labor, the real wage rate, and potential GDP per hour of labor?

An increase in labor productivity can lead to an increase in potential GDP, as it allows more output to be produced with the same amount of labor.

However, the effect on the quantity of labor and real wage rate is less clear-cut. In some cases, an increase in productivity can lead to an increase in the demand for labor and therefore higher wages. In other cases, it can lead to a decrease in demand for labor and lower wages. Ultimately, the effect on potential GDP per hour of labor will depend on the relative changes in output and labor inputs.

Read more on labor productivity here https://brainly.com/question/14452275

#SPJ1

The reasons why businesses go global include all of the following EXCEPT: A. gaining access to more customers. B. expanding profit potential. C. reducing access to capital. D. lowering the cost of materials and supplies.

Answers

Businesses go global for several reasons, and the options listed generally represent the motivations behind international expansion.

However, reducing access to capital is not one of them. In fact, expanding globally can often provide businesses with increased access to capital by tapping into new markets, attracting investors, and accessing international financing options.

To summarize the other options:

A. Gaining access to more customers: Going global allows businesses to reach a larger customer base and expand their market reach.

B. Expanding profit potential: International markets offer opportunities for businesses to increase their revenue and profitability by targeting new customers and markets.

D. Lowering the cost of materials and supplies: International expansion can enable businesses to access cheaper raw materials, supplies, or manufacturing capabilities, thereby reducing production costs.

Therefore, the correct answer is C. reducing access to capital.

Learn more about businesses here:

https://brainly.com/question/29352761

#SPJ11

Should highschoolers have nap time?
Best answer gets brainliest and 100 points!

Answers

In my opinion, yes. It could beneficial to high schoolers, as getting more rest would most likely help them function better by being allowing the student to be more alert and focused after waking up, or they could even have an easier time retaining information from lessons with a 20-30 minute nap. Along with the nap letting their brain rest for a little, it could be helpful to someone who’s stressed by calming the student down almost by resetting their mindset. But of course, the nap should be short enough not to interfere with their Circadian rhythm or let them fall into stages of deep sleep.

who uses financial institutions? ​

Answers

Answer:Financial institutions encompass a broad range of business operations within the financial services sector including banks, trust companies, insurance companies, brokerage firms, and investment dealers. Financial institutions can vary by size, scope, and geography

Explanation:

Answer:

The answer is: comercial banks, investment banks, brokerage firms, insurance companies, and asset management.

Sarah sells authentic Amish quilts on her website. Suppose Sarah expects to sell 2,000 quilts during the coming year. Her average sales price per qalt is $400, and her average cost per quilt is $300. Her fixed expenses total $100,000 Compute her margin of safety a. in units (quilts). b. in sales dollars.
c. as a percentage of expected sales

Answers

a. Margin of safety in units (quilts) = 500 quilts.b. Margin of safety in sales dollars = $200,000. c. Margin of safety as a percentage of expected sales = 25%.

Margin of safety is the difference between the expected sales volume and the breakeven sales volume. In other words, it refers to the excess of expected sales over breakeven sales.Sarah expects to sell 2,000 quilts during the coming year at an average price of $400.

Therefore, the expected sales revenue is:Expected sales revenue = 2,000 quilts × $400 per quilt = $800,000Sarah’s fixed expenses total $100,000.

Therefore, the contribution margin (selling price per unit minus variable cost per unit) is:Contribution margin = Selling price per unit − Variable cost per unit = $400 − $300 = $100

Therefore, the breakeven point in units is:Breakeven point in units = Fixed expenses / Contribution margin = $100,000 / $100 per unit = 1,000 units

Therefore, the margin of safety in units (quilts) is:Margin of safety in units (quilts) = Expected sales volume − Breakeven sales volume = 2,000 quilts − 1,000 quilts = 1,000 quilts

Additionally, the margin of safety in sales dollars is:Margin of safety in sales dollars = Margin of safety in units (quilts) × Selling price per unit = 1,000 quilts × $400 per quilt = $400,000

Thus, the margin of safety as a percentage of expected sales is:Margin of safety as a percentage of expected sales = (Margin of safety in units (quilts) / Expected sales volume) × 100% = (1,000 quilts / 2,000 quilts) × 100% = 50%.

Know more about Margin of safety here:

https://brainly.com/question/31263165

#SPJ11

Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?

Answers

Answer:

the present value is $397,741.39

Explanation:

The computation of the present value is shown below

As we know that

Present value = Future value ÷ (1 + rate of interest)^years

= 800,000 ÷ (1 + 0.15)^5

= 800,000 ÷ 1.15^5

= $397,741.39

Hence, the present value is $397,741.39

3. What does SHENNS stand for?
S
H
E
N
N
S

Answers

Answer:

Shoe

Hologram

Excited

No

Never

Sister

Explanation:

Which career involves using tools or machinery to remove and dispose of dangerous materials?

Answers

A career that involves using tools or machinery to remove and dispose of dangerous materials is a career as a hazardous materials removal worker.

What do you understand by the term career?

A career is an individual's metaphorical journey through learning, work and other aspects of life. There are several ways to define a career and the term is used in a variety of ways. Career management or career development describes the active and purposeful management of a career by an individual.

Ideas of what comprise career management skills are described by the Blueprint model in the United States, Canada, Australia, Scotland, and England and the Seven C's of Digital Career Literacy specifically relating to Internet skills.

Learn more about career, here:

https://brainly.com/question/30040900

#SPJ1

assume that applying either of the filters will not change the relative order of the rows remaining in the spreadsheet. which of the following sequences of steps can be used to identify the desired restaurant? filter by number of ratings, then filter by payment type, then sort by rating filter by number of ratings, then sort by rating, then filter by payment type sort by rating, then filter by number of ratings, then filter by payment type responses i and ii only i and ii only i and iii only i and iii only ii and iii only ii and iii only i, ii, and iii

Answers

The correct answer is "i and ii only". Clear out via a number of ratings, then clear out via price kind, then kind by means of the score. after which sort with the aid of rating, then filter with the aid of payment kind type by using a score.

Price is a critical element in any business strategy as it directly affects a company's revenue and profitability. It refers to the monetary value that a customer pays to purchase a product or service from a business. There are different pricing strategies that businesses use to set the price of their products or services, such as cost-plus pricing, value-based pricing, penetration pricing, skimming pricing, and dynamic pricing.

Cost-plus pricing involves adding a markup percentage to the cost of producing a product or service to determine its selling price. Value-based pricing, on the other hand, is based on the perceived value that the product or service offers to the customer. Penetration pricing involves setting a low price to enter a new market or gain market share while skimming pricing involves setting a high price for a new product with a unique feature or benefit. Dynamic pricing, which is often used in e-commerce, involves adjusting the price in real time based on market demand and supply.

To learn more about Price kind visit here:

brainly.com/question/30287428

#SPJ4

Other Questions
Which are examples of themes Hamlet Part 8? given the function f(x)=x^2+9 find f(x-2) find a recurrence relation for the number of ways an n-digit binary sequence has at least one instance of two consecutive 0's. define the initial conditions for the system. Evaluate the expression for =12 , 2+(6)please help me it would really help me out and would give u brainly ! how do storage techniques differ from one another energy is greatest when the most energy is stored? Answer and explanation Find the missing angle measures ASAP Question 1 of 15 one major difference between buddhism and daoism is that daoists: a. teach that there are many different gods. b. do not focus on reincarnation or karma. c. believe social stability is an important goal. d. put a lot of effort into spreading their beliefs. submit "Armed with vaccines and pockets full of savings, Americans will soon be in the mood to shop for some new clothes. There's just one problem: Port congestion and snarled shipping since last year means store racks could have less selection or even-gasp!-last year's fashions. Consumers across the board have more in their savings accounts after a year of spending less on travel, entertainment and restaurants and receiving three rounds of stimulus checks. Many are eager to spend on experiences they were deprived of during the pandemic, but they also have their eyes set on refreshing their wardrobes. In a recent survey conducted by Jefferies, when consumers were asked what category they would like to spend discretionary dollars on once the pandemic subsides, clothing and accessories came second behind bars, restaurants and pubs. Shoppers are already returning in healthy numbers: Same-store foot traffic at apparel and accessories retailers fully recovered to 2019 levels in the last week of March, according to data from ShopperTrak and Citi. Retailers' in-stock levels are at a record low-a sharp contrast with last April when their inventory-to-sales ratio spiked after pandemic-induced lockdowns. That ratio quickly dropped as retailers reopened, but they also canceled or postponed orders to adjust. Then, when retailers collectively started stocking up their inventory for the holiday season, port congestion issues compounded the shortage. As of January, retail stores had enough inventory to cover just over a month of sales-a record low. As much as the product delays will frustrate consumers, the effect on retailers themselves might not be so terrible. Many reaped higher gross margins last holiday season because they planned conservatively and had relatively light inventory, yet shoppers still showed up. That meant fewer discounts. L Brands, Ralph Lauren, Under Armour and Capri, which owns Michael Kors and Versace, all saw their gross margins expand compared with a year earlier. Ralph Lauren noted that its average selling price grew 19% in its quarter ended Dec. 26 compared with a year earlier. Victoria's Secret owner L Brands was able to charge at least 30% more for lingerie in North America in its quarter ended Jan. 30 compared with a year earlier, while a sister brand, PINK, was able to command almost 40% higher prices. "For the first time in a very long time, retailers have pricing power," notes Simeon Siegel, analyst at BMO Capital Markets. In that sense, low in-stock levels might actually be a hidden blessing for the retail industry if it means companies collectively steer away from pursuing heavy discounts. Higher selling prices would also allow retailers to soften the blow from shipping charges, which have surged." 1 a. Other things being equal, if the elasticity of demand for lingerie is -1.5 when L Brands raises prices for lingerie in North America, will the revenue from sales of lingerie (price times the quantity of lingerie sold) increase or decrease? Explain your answer. b. If the price elasticity of demand for a product is equal to zero, explain how the quantity demanded for the product will change if the price of the product is increased. Explain how the quantity demanded for the product will change if the price of the product is decreased. c. If the price of clothing increases along the demand curve, will the absolute value of the slope of the demand curve increase, decrease or remain the same? If the price of clothing increases along the demand curve, will demand become more elastic, less elastic or remain the same? Briefly explain your answer. d. From the article: "For the first time in a very long time, retailers have pricing power, notes Simeon Siegel, analyst at BMO Capital Markets." Would a firm have more pricing power if the demand for the product it sells is inelastic or elastic? Briefly explain your answer. A mail-order company business has six telephone lines. Let X denote the number of lines in use at a specified time. Suppose the pmf of X is as given in the accompanying table.x0123456p(x)0.100.150.200.250.200.050.05Calculate the probability of each of the following events.(a) {at most three lines are in use}(b) {fewer than three lines are in use}(c) {at least three lines are in use}(d) {between two and five lines, inclusive, are in use}(e) {between two and four lines, inclusive, are not in use}(f) {at least four lines are not in use} Determine a possible 3rd degree polynomial function in factored form with its only zeros at (4,0) and (-1,0) and (-7,0) 19. True or false: Terminal A has a 50 element that is used to protect a line that is connected from terminal A to terminal B. For a fault at the farthest end of the line, Terminal A sees 3000 amps primary. The most adequate way to protect this line is to set this 50 element to exactly 12.5 amps secondary, assuming a 1200:5 CTR. for this assignment, select five professional development models and create a graphic organizer describing and comparing them. Which process of enterprise platform interacts with vendors and manages the entire supply chain for retail client O front office o experience o data O processing? 1. Royces principles that pertain to testing include:[1] establishing the process for objective quality control and project progress assessment that includes the assessment of all the intermediate artifacts.[2] using a demonstration-based approach in which intermediate artifacts are transitioned to executable demonstration of the user scenario so that these artifacts can be assessed earlier.[3] planning to have incremental releases, each composed of a group of usage scenarios, with evolving levels of detail.[4] All of these are correct. Rewrite the expression as a single logarithm: log 5 - log 7 Nitrogen monoxide, a pollutant in automobile exhaust, is oxidized to nitrogen dioxide in the atmosphere according to the equation:2NO(g)+O2(g)2NO2(g)Kp=3.110122NO(g)+O2(g)2NO2(g)Kp=3.11012 at 23 CCFind Kc for this reaction.Express your answer to two significant figures. The electric potential in a region of space is V=(210 x^2 120 y^2)V, where x and y are in meters.Q1: What is the strength of the electric field at (x,y)=(2.0m,3.0m) ? ------------was a movement in literature and the arts in which authors and artists attempted to depict reality while avoiding the insertion of supernatural or exotic elements.