Bob is interested in examining the relationship between the number of bedrooms in a home and its selling price. After downloading a valid data set from the internet, he calculates the correlation. The correlation value he calculates is only 0. 5. Bob concluded regression outputs of 0.67.
A correlation may be a relationship between two variables. The number of correlation, or relationships, are often explained in an exceedingly numerical form called a parametric statistic - defined as a numerical representation of the strength and direction of the connection.
Correlation between variables will be positive or negative. Direct correlation implies a rise of 1 quantity causes a rise within the other whereas in correlational statistics, a rise in one variable will cause a decrease within the other. A correlation may be a relationship between two variables during which both variables move within the same direction.
Therefore, when one variable increases because the other variable increases, or one variable decreases while the opposite decreases. An example of correlational statistics would be height and weight. Correlation could be a statistical measure (expressed as a number) that describes the scale and direction of a relationship between two or more variables.
learn more about correlation: brainly.com/question/13879362
#SPJ4
A lawyer can argue a case in court for one hour and make $300. She could alternatively use that hour of time to type a legal brief in her office. What is the opportunity cost of her typing the legal brief?.
$300, since that's the amount she could have made by arguing a case in court is the is the opportunity cost of her typing the legal brief.
What is opportunity cost and example?
The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the chance cost is planting a different crop, or an alternate use of the resources (land and farm equipment).
What is opportunity cost known as?
Opportunity cost is commonly defined as the next best alternative. Also, referred to as the alternative cost, it's the loss of gain which could have been gained if another alternative was chosen. It also can be explained as the loss of benefit due to a change in choice.
Why is cost important?
The concept of cost helps us to choose the best possible option among all the available options. It helps us use every possible resource tactfully and efficiently and hence, maximize economic profits.
Learn more about opportunity cost:
brainly.com/question/1549591
#SPJ4
A person only has a new car to trade for a steak dinner. let's say he finds someone offering a steak dinner that is also interested in obtaining a new car. what is the problem that this person faces?
The most relevant trade is between the persons having chickens and bags of corn. Because they both wish to trade but they only have a struggle in deciding the fair quantity of bag of corn for a chicken. And in all the other given situations persons are not trading either they refuse or trade does not take place. Option D is correct.
A person plural people or persons is a being that has certain capacities or attributes such as reason, morality, consciousness, or self-consciousness, and is a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility.
Persons are often used in formal, legal contexts to emphasize individuals as opposed to a group. People is the plural of person that's most commonly used in everyday communication to simply refer to multiple humans. But people can also be used as a singular noun to refer to a population or particular community.
Learn more about persons here
https://brainly.com/question/25573309
#SPJ4
John Grantham, a sales manager at Construction Outlet, is good at what he does, so good that he frequently gets job offers from competing companies. He's flattered, but he turns them down because he is proud of his company's commitment to building affordable green homes and planting trees. Grantham's loyalty to Construction Outlet is a direct example of
Question 15 options:
how unethical behavior can hurt a company.
the positive effects of a company's being good.
how a firm's good behavior benefits suppliers.
how ethical behavior results in high job turnover.
Grantham's loyalty to Construction Outlet is a direct example of the positive effects of a company's being good.
This is because John Grantham, who is a sales manager at Construction Outlet turns down job offers from competing companies because he is proud of his company's commitment to building affordable green homes
What is Employee Motivation?This refers to the different things that make a person determined and focused to accomplish a task and this can range from incentives like salary to others.
Hence, we can see that Grantham's loyalty to Construction Outlet is a direct example of the positive effects of a company's being good.
This is because John Grantham, who is a sales manager at Construction Outlet turns down job offers from competing companies because he is proud of his company's commitment to building affordable green homes
Read more about employee incentives here:
https://brainly.com/question/28515897
#SPJ1
What would be the most important type of information to include in and operations manual for a new piece of software
The most important type of information to include in an operations manual for a new piece of software are:
Company contact information (address, phone, fax, website URL, email addresses for key departments)Hours of operation.Organizational chart.Job descriptions for each job in the company O Password lists or where to find them.Emergency procedures.Disaster recovery plan.The software program is a set of laptop programs and associated documentation and statistics. this is an evaluation of the hardware, from which the machine is built and which in reality plays the paintings.
At the lowest programming stage, executable code includes gadget language commands supported by means of a person processor—generally a vital processing unit (CPU) or a pix processing unit (GPU).
learn more about software here; https://brainly.com/question/4593389
#SPJ1
The __________ is/are responsible for the careful and responsible management of an organization. group of answer choices broad of directors ethics officer middle-level managers supervisors managers
The board of directors has the responsibility of the careful and responsible management of an organization. So, option (a) broad of directors is correct.
A board of directors is the governing body of an organization that manages all the activities of the organization. The board of directors is responsible to set the strategic plans and oversee management. In this way, the board helps the organization to establish broad goals; supports senior management in pursuing those goals; and ensures the organization has well-managed, adequate resources at its disposal.
Every public organization has a board of directors that is elected by shareholders. The board usually consists of 8 to 12 directors who typically meet at regular intervals.
While the other options are incorrect because:
Ethics officers: They are responsible for ensuring that the organization follows proper codes of conduct and operates in an ethical manner. Middle-level managers: They are responsible for executing organizational plans that align with the organization’s policies. Supervisors: The key role of supervisors is to manage the workflow of their team. Managers: They are most often responsible for a specific function or department within the organization.
You can learn more about board of directors at
https://brainly.com/question/17487527
#SPJ4
Activity-based costing data blank______.
a) is well suited to decision making
b) only assigns relevant
c) costs can be easily misinterpreted
Activity-based costing data blank A) is well suited to decision making
How activity-based costing helps in decision-making?For making strategic decisions, ABC is used.
To calculate the costs for each customer, it evaluates the costs connected to particular activities and resources and links those costs to particular internal and external customers of the healthcare enterprise (such as patients, service lines, and physician groups).Then, this cost data can be modified to account for expected changes and forecast future costs. ABM, on the other hand, assists operations by emphasizing the reasons behind costs and ways to cut them. It analyzes cost factors that have an immediate impact on the price of a good or service and uses performance metrics to assess whether an activity brings about financial or nonfinancial benefits. ABM offers a basis for choosing areas that can be changed to reduce costs by identifying each cost driver and evaluating the value the element adds to the healthcare enterprise.
To learn more about Costing data, refer
to https://brainly.com/question/25922327
#SPJ4
Why is creating a budget for an entire year useful?
A. Most bills are paid annually or only every few months and would be left off a weekly budget.
B. It can account for irregular expenses like new shoes, so the budget would be more accurate.
C. Salaries are paid annually, so the budget should match the timeframe of the paycheck.
D. Certain expenses are variable, so it is impossible to budget them with a shorter timeframe.
Answer:
B
Explanation:
It may be wrong since I was debating between B and C, but annually is yearly and there are only certain days when you want to buy new shoes or things like that.
it is useful because if you keep up with the amount you set up for yourself, you won't have to worry about being in trouble with your money expenses
What makes some strong cultures helpful in gaining and sustaining a competitive advantage, while other strong cultures are a liability to achieving that goal?
The strong culture is assisted through gaining and sustaining a competitive advantage as they are based on the trust, values and togetherness with teamwork.
What is Culture?Culture refers to the practices and beliefs that are undertaken by the people of the particular region for long years. It represents the society that follows the social structure and people in the organization that shares the values and beliefs with each other.
A great culture is built on principles, trust, beliefs, and collaboration. It is understandable to see the significant benefits of having a strong culture for certain firms when it is always upgrading itself with particular values, concepts, and diversification, as well as adjusting to shifts in the business environment.
Therefore, it can be concluded that few strong cultures that can help organizations obtain and keep a competitive advantage
Learn more about culture here:
https://brainly.com/question/3181478
#SPJ4
A firm has an incentive to decrease supply now and increase supply in the future if it expects that.
A firm has an incentive to decrease supply now and increase supply in
the future if it expects that price of its product will be lower in the
future than it is today.
When the price of a product goes down what happens?
Economists refer to this as the Law of Demand.
When the price rises, the quantity demanded falls (but demand itself stays the same).
When the price falls, the quantity demanded rises.
This is known as the Law of Demand.
Price and quantity increase as demand rises. Price and quantity decrease as demand falls.
Price decreases, and quantity increases as supply increases.
Supply decrease: price rises, quantity falls.
According to the law of demand, demand for a product or resource decreases as its price rises and increases as the price falls.
Conversely, the law of supply states that higher prices increase the supply of an economic good while lower prices decrease it.
To learn more about firm incentives, refer
to https://brainly.com/question/1870140
#SPJ4
A cpa accumulates various types of evidence on which to base the opinion on financial statements. among this evidence is confirmations from third parties.
Required:
What is an audit confirmation?
Accounts receivable loan and other receivables, loans, and other receivables for confirmation. Audit confirmation: The auditor can make programs statistical or judgment criteria for selecting customers.
Auditors often send paper or electronic requests to customers to affirm accounts receivable and to different economic institutions to confirm outstanding promissory notes. Auditor confirmation letters are important because they provide independent verification of your organization's finances. If your accounts receivable suggests that you owe money to a selected vendor, your auditor would possibly ship that vendor a confirmation letter asking them if that quantity is correct.
A bank confirmation letter is a letter prepared by way of auditees as the request by means of the auditor throughout the audit process to verify the balance, transactions and ownership of the bank account. This letter is ready through the auditee and despatched to the bank directly by the auditor. It ought to no longer send by the auditee.
learn more about loan here https://brainly.com/question/9636559
#SPJ4
A payer may _________ a procedure that it determines was not medically necessary at the level reported.
Any operation that a payer determines was not medically required at the level reported may be down coded.
Operating entails The deliberations and choices made by participants and employees of a business that have an impact on the production, distribution, service, management, etc. that are necessary for a firm to operate and that involve the use of resources and assets. The on-and-off motion of a light switch serves as an illustration of an action. A person having their appendix removed is an example of a surgery. the area of an organisation that handles the crucial operating and planning tasks. a mission, campaign, or activity of the armed forces or navy. Binary and unary operations are the two main categories. Negation and trigonometric functions are examples of unary operations that use only one value. Contrarily, binary operations, such as addition, subtraction, multiplication, division, and exponentiation, require only two values.
Learn more about operations here
https://brainly.com/question/20916293
#SPJ4
The liabilities of hurka company equal 1/3 of the total assets, and owner's equity is $180,000. what is the amount of liabilities?
liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied.
Accounting Equation is a s follows:
Owner's Equity + Liabilities = Total Assets
$180,000+ Liabilities = 1/3(A)
Liabilities = 1/3 - $180,000
Liabilities = 60,000A
A company's assets are its possessions, and its liabilities are its debts. Both are shown on a company's balance sheet, a financial statement that details the state of the business's finances. Equity, often known as an owner's net worth, is equal to assets less liabilities.
To learn more about liabilities from the given link. https://brainly.com/question/14921529
#SPJ4
Economists believe that production possibilities frontiers:____.
a. often have a bowed shape.
b. always have a bowed shape.
c. rarely have a bowed shape.
d. never have a bowed shape.
Economists believe that production possibilities frontiers often have a bowed shape.
An economist is a professional practitioner of the social science of economics. Individuals may also research, develop, and apply economic theories and concepts and write about economic policy. Within this field, there are many subfields, ranging from broad philosophical theories to research focused on specific market details, macroeconomic analysis, microeconomic analysis, or newspaper analysis. financial reporting, which involves analytical methods and tools such as econometrics, statistics, and economics. computer modeling, financial economics, mathematical finance, and mathematical economics.
Economists work in a variety of fields, including academia, government, and the private sector, where they can also "... study data and statistics to detect trends in activity." economic activity, economic confidence, and consumer attitudes They evaluate this information Using advanced statistical analysis, mathematics, and computer programming methods, they propose topics suggestions on how to improve system efficiency or capitalize on trends as they begin.
Learn more about Economists here: https://brainly.com/question/17996535
#SPJ4
Research by warburton, and more recently miron and zweibel on alcohol consumption during and after prohibition indicates that?
Research by Warburton, and more recently by Miron and Zweibel on alcohol consumption during and after prohibition indicates that the demand for alcohol is price inelastic.
A drink that includes ethanol, a type of alcohol that serves as a stimulant and is generated by fermentation grains, fruit, or other forms of sugars, is known as an alcoholic drink. Drinking, or the drinking of alcoholic drinks, is a social practice that is important in many cultures. Regulations frequently apply to the production, marketing, and use of alcoholic beverages. Regulations may require the use of a health warning as well as the marking of the alcohol content% (as ABV or proof). While such activity is outright forbidden in some countries, alcohol is typically acceptable everywhere else. The worldwide alcoholic beverage market hit $1 trillion in 2018.
Learn more about alcohol here:
https://brainly.com/question/13009517
#SPJ4
The actual cost of the work performed to date is $40k. what is the schedule variance for the project?
The degree of schedule variance reveals whether a project is on or off schedule. To give project managers a status update at the moment of analysis, it is often utilised inside earned value management (EVM).
BCWP-BCWS = SV
What is schedule variance?Whether a project is on or off schedule may be determined by the magnitude of schedule variation. It is frequently used in earned value management to provide project managers with a status update at the time of analysis (EVM).A project that took longer than expected to complete—four months instead of the three months it was supposed to—would be an example of an SV. The project's timeline was off by one month. The real timetable is longer than the anticipated timeline, making this SV undesirable.Project managers may identify whether a project is ahead of time or behind plan and by how much by using schedule variance, which is a component of Earned Value Management. To calculate SV, divide the earned value (EV) by the projected value (PV) of your project: SV = EV - PV.To know more about schedule variance, refer to the following link
https://brainly.com/question/26402160
#SPJ4
What are some things that the presenter can do to engage the audience?
Answer:
Wow
Explanation:
Co
Answer:
Start your presentation by making them think. Ask them a question, or start with statistics. Make your presentation as relatable as it can possibly get. DON'T repeat yourself. I causes the audience to get board. Don't tell them why your presentation matters, show them. Be confident and do your best. It spreads a positive message and the more confident you seem on the topic and on the presentation the more people will want to listen.Explanation: BELIVE IN YOURSELF AND DO YOUR BEST, if it still doesn't go well, life might be trying to tell you something.
Hope this helps! I know you'll do great!
The price of good x (videos for example) is $10 without amazon prime and $8 with prime. if the amazon prime membership is $25 per year, should you buy prime?
The price of good x (For instance, videos) is $10 without amazon prime and $8 with prime. No, because the consumer surplus with Prime is $47 compared to $50 without Prime.
What is Consumer surplus?
As economic, the term "consumer surplus," which is sometimes referred to as "social surplus" and "consumer surplus," refers to the difference between the price a consumer pays for a good or service and the amount he would be prepared to pay if he had to forgo it. The overall utility will surpass the total market value because the utility produced by each incremental unit of a commodity typically declines as the quantity purchased grows and because the item's price only represents the utility of the last unit purchased rather than the utility of all units.
Learn more about Consumer surplus here:
https://brainly.com/question/15416023
#SPJ4
Products related in such a way that an increase in the price of one reduces the demand for the other.
Complements are products that increase the use of other products, products related in such a way that an increase in the price of one reduces the demand for both.
A complementary appropriate is a service or product that offers fee to some other product or service. In different words, they may be things that the patron utilises in conjunction with each other. Cereal and milk, for example, or a DVD and a DVD
A Complementary exact is a product or service that provides price to another. In different phrases, they may be two items that the purchaser uses together.
A complementary product is an object that is offered collectively with the primary product. Those merchandises are used in conjunction, so complementary goods frequently bring little cost or can not be used one after the other, including petrol, SIM card, and baking powder.
Complements are items that might be consumed together. Substitutes are goods wherein you may devour one in region of the alternative. The prices of complementary or alternative items also shift the call for curve.
Learn more about product here: https://brainly.com/question/10873737
#SPJ4
The world income appreciation fund has current assets with a market value of $7.7 billion and has 270 million shares outstanding. what is the net asset value (nav) for this mutual fund?
The net asset value (nav) for this mutual fund will be $7,700,000,000/270,000,000 = $28.518
What are Mutual Funds?A mutual fund is an investment vehicle that is professionally managed and collects money from several investors to buy securities.The phrase is commonly used in the US, Canada, and India, although other countries with comparable institutions include the UK's open-ended investment company (OEIC) and Europe's SICAV. The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. The three main types of mutual funds are unit investment trusts, closed-end funds, and open-end funds.To learn more about Mutual funds, refer to:
https://brainly.com/question/9965923
#SPJ4
rose ordered a package of macaroons from an out of state bakery. she received the cookies the following week. what type of e-commerce product did rose
Rose ordered a package of macaroons from an out-of-state bakery. she received the cookies the following week, the type of e-commerce product is Physical.
E-commerce digital commerce is the buying and selling of goods and services, or the transmitting of finances or data, over a digital network, basically the net. these enterprise transactions occur both as commercial enterprise-to-enterprise, commercial enterprise-to-purchaser, customer-to-patron, and consumer-to-enterprise.
E-commerce is the interest of electronically buying or selling merchandise on online services or over the net. E-trade draws on technologies together with cellular trade, digital funds transfer, supply chain management, internet marketing, online transaction processing, electronic records interchange, inventory control structures, and automatic statistics series systems.
Learn more about e-commerce here:-https://brainly.com/question/23369154
#SPJ9
How+far+does+the+price+of+telecom+stock+have+to+fall+for+you+to+get+a+margin+call+if+the+maintenance+margin+is+30%?+assume+the+price+fall+happens+immediately
The price of Telecom stock has to fall to $71.43 to get a margin call if the maintenance margin is 30%. Assume the price fall happens immediately.
A margin call is issued when the quantity of money in your account equals the maintenance margin.
In this situation, if the price falls below a specific level, you will have less than the maintenance margin to repay the loan.
Because this occurs immediately, there is no need to factor in the interest rate. What we need to do is answer the following equation for "P."
Where P is price.
Maintainenance margin = [tex](Stocks * P) - Loan / Stocks * P[/tex]
Where Stocks is The quantity of stocks purchased (own money + loan
= (15,000(Own)+15,000(loan))/$100/share
= 300 shares
0.3 = [tex](300 * P) - 15000 / 300 * P[/tex]
90P = [tex]300P - 15000[/tex]
15000 = 210P
P = $71.43
Hence, For you to receive a margin call, the stock must fall promptly to $71,43 from $100 (initial value).
Learn more about telecom stock:
https://brainly.com/question/14936285
#SPJ4
What is another phrase for "stockholder equity"?
O retained earnings
O earnings re-invested
common or preferred stock
O a company's net worth
Answer:
a company's net worth
Explanation:
The point at which the costs of two options are equal, or that a system changes from losing to making money is called:_________
a) celebration point
b) breakeven point
c) break-loose point
d) braking point
You're looking for the word "Breakeven Point" to complete the sentence. Thus the correct answer is letter b. Breakeven point is the point at which the costs of two options are equal. It is also an indication that system changes from losing to making money.
When we compare the total costs of various options, there is no such thing as a celebration point.
Break-loose point is not even a term used in the business world, let alone accounting.
Additionally, there is no such thing as a braking point.
The breakeven point is the point at which the costs of two options are equal or the system switches from being in the negative to being in the positive.
Find out what happens when the firm achieves the breakeven point: https://brainly.com/question/27106216
#SPJ4
If the price of a car is $3,500 with a 6% tax, and the percent of the down payment is 10%, what is the total amount of money you'll need to pay for the car? (total loan)
Based on the price of the car and the percent down payment, the total amount of money that you'll need to pay for the car is $560
What amount would you pay?The down payment on the car is:
= 3,500 x 10%
= $350
The tax on the car is:
= 3,500 x 6%
= $210
The total amount you'll need to pay for the car is:
= 350 + 210
= $560
Find out more on down payments on cars at https://brainly.com/question/26173748
#SPJ1
describe how expectation of changes in supply can affect the supply of a product
Expectations sellers have for a good's future price, which is taken for granted when constructing a supply curve. If sellers anticipate a higher price, supply will decline. If sellers anticipate a lower price, supply will rise.
How expectations can affect demand?Buyer expectations are one factor that shifts demand. Buyers who postpone purchasing an item today in the hopes that the price will drop in the future reduce the current demand for that item. On the other hand, if a customer anticipates that the price will rise in the future, there will be a greater demand for the product right now.
To know more about expectation in supply visit:
https://brainly.com/question/26659664
#SPJ9
The growing visibility of cohabitation before marriage was once considered ______, but it is now considered ______ in the united states.
The growing visibility of cohabitation before marriage was once considered deviant, but it is now considered normative in the united states.
Even though sociologists view cohabitation as a recent phenomena, it is widely acknowledged that it predates marriage. The distinction between marriage and cohabitation was not well understood in many nations until the middle of the eighteenth century. The line between these partnerships, for instance, was ambiguous in England until Lord Hardwicke codified marriage in 1753. However, even after Hardwicke's Marriage Act was passed, common-law unions were still widely accepted.
Marriage and cohabitation remained indistinguishable due to a lack of authorities to regulate legal unions and peculiarities in jurisdictional laws (Holland 1998; Seff 1995). During the nineteenth century, marriage truly evolved into the institution that it is today. During this time, marriage evolved from a largely religious custom to one that was frequently established by civil law.
To learn more about Cohabitation from the given link.
https://brainly.com/question/12882310
#SPJ4
If demand for farm crops is inelastic, a good harvest will cause farm revenues to:_________
If demand for farm crops is inelastic, a good harvest will cause farm
revenues to decrease because of a percentage fall in price that is
greater than the percentage increase in quantity sold.
When demand is perfectly inelastic an increase in price will result in?When demand is perfectly inelastic, an increase in price will result in an increase in total revenue.
The proportional change of one variable to another is measured by elasticity.
When a product's price elasticity coefficient is less than 1, is greater than 1, or equals 1, it is said to be inelastic.
When it is equal to 1, it is said to be unit elastic.
Elasticities provide us with a consistent scale to assess the degree of response of various goods to changes in their individual prices.
Price inelasticity refers to the fact that demand remains constant regardless of price changes.
Price changes of either kind won't affect consumers' purchasing patterns.
People typically view necessities as goods that are price inelastic because they will continue to consume the same amount regardless of price changes.
To learn more about farm corps, refer
to https://brainly.com/question/25689052
#SPJ4
A professor who persuades students to hand in homework assignments by threatening them with bad grades is an example of theory x leadership. true false
True threatening them with bad grades is an example of theory x
leadership.
What is meant by Theory X?The concept of Theory X and Theory Y was developed by social psychologist Douglas McGregor.
It describes two contrasting sets of assumptions that managers make about their people: Theory X – people dislike work, have little ambition, and are unwilling to take responsibility.
Theory X managers frequently have a pessimistic outlook on their workforce, assuming that they are naturally disengaged and disliking of their jobs.
People are frequently motivated using a "carrot and stick" strategy, which can lead to repetitive work in organizations run in this way.
To manage and "keep tabs" on employees, performance evaluations and compensation are frequently based on observable outcomes, such as sales figures or product output.
This management approach presupposes that employees:
Dislike what they do.Avoid taking on responsibility and require constant guidance.To perform, one must be threatened, coerced, and controlled.Every step needs to be closely watched.lack ambition and motivation, so they need rewards to motivate them to work toward their goals.To learn more about Theory x, refer
to https://brainly.com/question/25689052
#SPJ4
The unwritten office code is that employees should treat each other with respect and conduct themselves in an ethical manner. these are examples of company _______.
Employees are expected to treat one another with respect and act morally at work, according to an unwritten workplace code. Typical business practises include those.
A workplace, often known as a place of employment, is a place where someone works for their employer or for oneself. An example of such a location would be a large office complex or factory, as well as a home office. The workplace, which serves as "a core idea for numerous entities: the worker and [their] family, the employing business, the organization's clients, and the society as a whole," is one of the most significant social arenas outside of the home for industrialised countries. Remote work and the virtual workplace have both emerged as a result of the development of new communication technology. More than one-third of your life is spent at work. Naturally, if an employee is comfortable and happy at work.
Learn more about workplace here
https://brainly.com/question/19965171
#SPJ4
Deflation:_____.
a. can cause budget surpluses.
b. can lead to increased output.
c. does not affect output.
d. can lead to decreased output.
Deflation can lead to decreased output .
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Deflation can lead to decreased output in a way that the demand of goods is way too high therefore the purchasing power is elevated. And the prices of goods is also lower.
Additionally, manufacturers may get skeptical about producing goods due to the low prices for the goods that affect them.
Although, it may seem like the fact that prices are lower is good, deflation can drastically affect the economy and lead into recession and depression.
For more about Deflation refer here; https://brainly.com/question/28564835
#SPJ4
