What effect did the Great Recession have on manufacturing employment?

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Answer 1

Answer:

During both recessions, a large decline in industry employment occurred. From December 2007 until December 2009— when manufacturing employment reached a new low— the manufacturing industry lost 2 million jobs, or 17 per- cent of its workforce, and industry employment fell to its lowest level since March 1941

Explanation:


Related Questions

A preferred stock from hecla mining co. (hlprb) pays $3.50 in annual dividends. if the required rate of return on the preferred stock is 6.8 percent, what is the fair present value of the stock?

Answers

Preferred stock is perpetuity with annual cash flows equal to the dividend rate.

Value of the stock = Annual dividend / Required return = 3.50 / 0.0650 = $53.85.

In finance, stocks are shares of divided ownership of a company or corporation. A single share represents partial ownership of the company in proportion to the total number of shares.

Stock, also known as equity, is a security that represents partial ownership of the issuing company. Units of shares are called "shares", which entitle the owner to a proportion of the company's assets and profits equal to the number of shares he or she owns.

Stock represents ownership of a publicly traded company. When you buy shares in a company, you become a co-owner of that company. For example, if a company owns 100,000 shares and you buy 1,000 shares, you own 1% of the shares of the company.

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Suppose that currently 30 million hamburgers are being produced and sold at a price of $7.50. this outcome in the market for hamburgers is economically because:________

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The opportunity cost of producing the last hamburger equals the marginal benefit of consumption.

A hamburger, or simply burger, is a dish made up of fillings that are commonly a patty of ground beef that is placed inside of a sliced bun or bread roll. In addition to commonly being served on sesame seed buns, hamburger are frequently topped with cheese, lettuce, tomato, onion, pickles, bacon, or chilis. They may also come with ketchup, mustard, mayonnaise, relish, or a "special sauce," which is frequently a variant of Thousand Island dressing. The term "cheeseburger" refers to a hamburger with cheese on top. In the United Kingdom, where the word "patty" is not frequently used, the phrase "burger" can also be used to refer to the meat patty alone, or it can even just mean ground beef.

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The group providing an immediate, first-hand opportunity for the group members to change their perceptions and to practice more mature social living is an example of _____

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The group providing an immediate, first-hand opportunity for the group members to change their perceptions and to practice more mature social living is an example of Reality testing lab.

What are some real-world examples of reality testing?Reality testing is the ability to evaluate a situation for what it is rather than how we would like or fear it to be. "I just failed my first midterm." That means I'll fail the rest of my midterms."

Reality: A poorly written midterm does not necessarily imply that your subsequent midterms will be failures. Reality testing is a test used to see if someone's thinking matches the general perception of what is real.

Reality testing was invented by Sigmund Freud, the founder of psychoanalysis. Practitioners use reality testing in psychotherapy and counselling settings to influence patients or clients to recognize their negative thoughts, evaluate the thoughts logically rather than emotionally, and then determine whether the thoughts are valid.

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The assets of a company total $726 000 the liabilities $213 000. what is the amount of equity?

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The assets of a company total $726 000 the liabilities $213 000. The amount of equity is $5,13,000

What is Equity?

Equity in the context of finance refers to ownership of assets with potential obligations such as debts. For accounting reasons, equity is calculated by deducting liabilities from the value of the assets. The value that would be restored to a company's shareholders if all of its assets were sold and all of its obligations were settled is known as equity. Equity can also be thought of as the amount of ownership that remains in a company or asset after all debts related to that asset have been paid off.

Because the value of an investor's investment in a firm is represented by the percentage of its shares, equity is significant. Shareholders have the opportunity for financial gains and dividends if they own firm shares. Equitable treatment, opportunities, and growth are guaranteed by equity. The goal of equity is to find and remove obstacles that hinder some groups from fully participating.

Given,

Assets $726 000

Liabilities $213 000

Equity= Assets-Liabilities

          =$726 000- $213 000

         = $5,13,000

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A hotel purchases goods for $5,000 on credit. If the supplier offers terms of 2/10, n/30, what is the amount the hotel will pay if it pays within the discount period?.

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The amount the hotel will pay if it pays within the discount period is $4,900.

Given: Purchased goods for $5,000 on Credit.

Terms are 2/10, n/30.

Accordingly, customers must pay the full amount in 30 days or can deduct 2% from the balance owed if they pay within 10 days.

They will save: if they pay before the discount period expires.

Pay 5,000 * 0.02, which is $100, as follows:

5,000 - 100 = $4,900

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Would you expect the amount of applied overhead for a period to equal the actual overhead costs of the period?

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No. It is highly likely that the predefined overhead will not be the same as or equal to the real overhead because it is solely based on estimates.

Rarely will the amount of overhead applied for a period match the period's actual overhead costs.This is because applied overhead is calculated using a specified overhead rate. Divide budgeted manufacturing overhead by budgeted cost driver amounts to achieve the specified overhead rate. There is a considerable likelihood of inconsistencies between actual and estimated amounts since the formula for the predefined overhead rate uses budgeted amounts that are estimated before the start of a relevant period. Due to numerous external environmental circumstances, such as an unanticipated rise in utility expenses, actual quantities can differ from estimated amounts.As a result, there are frequently discrepancies between real and applied overhead cost.

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Suppose the digby company begins to compete through good designs, high awareness and easy accessibility for their existing products, what strategy would they be implementing?

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The Digby team will select a Broad differentiation strategy for spreading its existence in every market segment.

What is Broad differentiation strategy?A broad differentiation strategy consists of building a brand or business that is different in some way from its competition. It is applied to the industry and will appeal to a vast range of consumers.Under this strategy, the Digby company will get a competitive advantage by differentiating their products with unique designs, product awareness, and easy availability. They have amazing research and development teams to keep their products exciting and the prices are quoted above average.

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Tara doesn’t get paid at the end of each month but most of her bills are due during the third and fourth weeks of the month. What term best describes her problem?.

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Tara doesn’t get paid at the end of each month but most of her bills are due during the third and fourth weeks of the month. The term that best describes her problem is cash flow.

In the field of business, cash flow can be described as the amount of money that either inflows or outflows from a business or a person. Cash flow refers to the phenomenon of an increase in cash sometimes whereas a decrease of cash the other times.

In the above scenario, Tara is facing cash flow problems as she does not get paid at the end of each month and has her bills due by the third and fourth week. There might be enough cash flow for Tara at the beginning of the month but she experiences a decrease in cash flow by the time her payments are due.

Although a part of your question is missing, you might be referring to this question:

Tara doesn’t get paid at the end of each month but most of her bills are due during the third and fourth weeks of the month. What term best describes her problem?

cash flow

opportunity cost

bankruptcy

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do you think Teasha made the right economic choice in opening her own business?

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Based on the statistics of opening one's own business, Teasha made the right economic choice to open her own business depending on how successful she turns out.

Should we open our own businesses?

Opening your own business comes with a lot of risks and stress that can lead to the business failing. This is why only 35% of businesses remain open after their first 10 years according to statistics.

This does not mean that we should not open our own businesses, it just means that there is a chance the business will fail. That being said, there are many upsides to running your own business such as your earnings potential being quite huge as you take profits and not a salary.

The point is, Teasha may or may not have made the right economic decision to open her own business. But, it was a good decision altogether because even if the business fails, she would have gained experience. And there is a 35% chance that she will still be open in 10 years and if she is, then it was a good choice.

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Answer:the dude above me is right

Explanation:

it helped me get a good grade

The human relations movement proposed that better human relations could increase worker productivity. True or false?.

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The human relations movement proposed that better human relations could increase worker productivity is a true statement.

What is human relations movement?

Human relations movement is the organisational study of employee as an individual so as to determine the motivation and support to succeed in the work setting. It can be studied in detail fin modern organisational behavioral studies.

What is Total Quality Management?

TQM or Total Quality Management  is a systematic and participative approach to planning and then implementing a constant organizational improvement process. Its approach is focused on exceeding customers' expectations, identifying problems, building commitment, and promoting open decision-making among workers.

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An organization's __________ enables the processing, storing, and transmitting of data at the organization level.

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An organization's information systems infrastructure enables the processing, storing, and transmitting of data at the organization level.

What is information systems?Information systems have a critical role in organizations. Practically all companies and organizations depend on information systems and their operations. Therefore, robustness and reliability are key issues in information systems and information systems infrastructures. Trustworthiness of technologies and systems is important, meaning that these need to be the goals of information systems management and development. Information systems need to be developed so that robustness and flexibility could be built into information systems and infrastructures. The goal is to develop systems that enable rather than restrict, so that systems act as a robust basis for activities and operations, and make it possible to reach for operative and strategic goals.

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The issuance of common stock is recorded with a debit to ______ and a credit to ______

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A debit to the left and a credit to the right are recorded when common stock is issued.

In general, "stocks" refers to the ownership certificates of any firm. A share, on the other hand, refers to a company's stock certificate. An individual who owns stock in a particular firm is known as a shareholder. The two different stock categories are preferred and common.

It defines a stock example.

A company's ownership portion is referred to as stock. An example of stock would be 100 Disney Corporation shares.

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Geneva+treated+her+parents+to+dinner+at+their+favorite+restaurant.+the+bill+was+$74.25.+geneva+wants+to+leave+16%+of+the+total+bill+as+a+tip.+how+much+should+the+tip+be?

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Geneva treated her parents to dinner at their favorite restaurant. The bill was $74.25. Geneva wants to leave 16% of the total bill as a tip. The tip should be $11.88.

When were restaurants invented?

According to a repeated account first published in 1853, the first restaurant was opened in his 1765 by a Parisian named Boulanger.

When did the word restaurant originate?

The word "restaurant" comes from the French verb "restaurer" and means "to put back". It was first used in France in the 16th century to describe a thick, inexpensive soup sold by street vendors that was sold to restore health.

Why is it called a restaurant? The word

Restaurant comes from the French restaurant verb "to recover", and the first truly French restaurant to open decades before the 1789 Revolution sells his one main dish, the bouillon. It was said to be a health food store.

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Monopolies make more money because the produce more of a good than would be produced in a pc market/
a. true
b. false

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It is true that monopolies make more money because they produce more of a good than would be produced in a pc market.

What Is a Monopolistic Market?A monopolistic market is where one firm produces one product.A key characteristic of a monopolist firm is that it's a profit maximizer.A monopolistic market has no competition, meaning the monopolist controls the price and quantity demanded.The level of output that maximizes a monopoly's profit is when the marginal cost equals the marginal revenue.In a competitive market, on the other hand, competitors will tend to drive down the marginal cost and erode profitability.

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If+you+invest+$2,000+at+the+end+of+each+year+for+five+years+and+you+earn+7%+interest+compounded+annually,+how+much+will+you+have+accumulated+at+the+end+of+the+fifth+year?

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If you invest $2,000 at the end of each year for five years and earn 7% interest compounded annually, you have accumulated at the end of the fifth year will be $ 11,501 Investment Future Value.

Compound Interest

The interest that is calculated using both the principal and the interest that has accrued during the previous period is called compound interest. It differs from simple interest in that the principal is not taken into account when determining the interest for the subsequent period with simple interest.

Interest that is calculated on both the initial lump sum and the interest that has previously accrued is known as compound interest. If a lump amount (PV) is placed in an account earning a rate of compound interest, it will eventually increase in value over a period of time (n) (FV).

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What are some ways that you’ve seen department stores, online stores, or social media ads try to activate the amygdala and encourage you to buy products?.

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Pull back the curtain - Customers want to feel like they have a relationship with a brand.

Teach your followers - Businesses often create posts that talk directly about their product, such as discussing features and why someone should buy it.

Make them laugh - Companies often err on the side of being too serious and businesslike.

Share interesting content - By sharing content from other businesses and people who are interesting and relevant to your followers, you can build trust and increase your value.

A company is a prison entity fashioned through a group of people to engage in and operate a commercial enterprise—commercial or industrial—business enterprise. An employer may be prepared in diverse methods for tax and monetary legal responsibility functions depending on the corporate regulation of its jurisdiction.

An organization is a form of enterprise structure that may be a separate felony entity from its owners. It's a complicated business shape, with higher set-up and administrative fees due to more reporting requirements and higher-stage prison responsibilities.

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which of these best describes a person who is a qualified expert that helps people and businesses meet their long term financial goals?

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A financial planner is a personal advisor who helps clients manage their financial affairs and work towards their long-term financial goals.

Financial is defined as providing money or credit for something. An example of finance is a bank lending someone money to buy a house. It refers to the corpus of funds and credit used in business. Business funds are necessary for the purchase of assets, goods, and raw materials, and for conducting other economic activities. Strictly speaking, it is required to perform all business transactions.

Finance is also important to strengthen corporate finance, as it enables companies to take risks and grow. As the use of technology increases, people are becoming more and more dependent on money to reach their goals. Finance is important for empowerment because it enables businesses to take risks and grow.

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If the annual interest rate is 0 percent, the present value of receiving $210 in the next year is:________
a. $201.
b. $210.
c. $221.
d. $200.

Answers

The present value of receiving 210$ next year is (b)210$

Given, that the annual interest rate is 0%.

Therefore, the present value can be calculated by the formula,

Present value (PV) = FV/(1+R)т

Where, FV is future value , R is interest rate and т is time.

On putting value of FV, R and т we get,

Present value (PV) = 210(1+0) *1

Present value = 210$

So, the present value is found to be 210$

The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value plays great role to predict how much an investment made now will be worth in the future.

A person who deposits money in a bank or other financial institution also earns additional income in terms of the recipient, known as interest, taking into account the time value of money.

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when using credit, the purchase amount becomes what once the payment agreement is made?
O Loan
O Debt
O Mortgage
O IOU

Answers

loan !!

because when you use credit that means you borrowed something, and that’s a loan

If a bank has a positive gap, an increase in interest rates will cause interest income to __________, interest expense to __________, and net interest income to __________

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If a bank has a positive gap, an increase in interest rates will cause interest income to increase, interest expense to increase, and net interest income to increase.

A bank is a monetary organization that accepts deposits from the public and creates a call for deposit even as concurrently making loans. Lending sports can be immediately done through the bank or in a roundabout way via capital markets.

A financial institution is a monetary institution this is certified to simply accept checking and savings deposits and make loans. Banks also offer related offerings which include character retirement debts (IRAs), certificate of deposit (CDs), currency exchange, and secure deposit packing containers.

Bank, an group that offers in money and its substitutes and gives different money-associated services. In its position as a economic intermediary, a bank accepts deposits and makes loans.

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On an average, there are 2 visits to a supershop per minute. what is the probability that the supershop will have 100 customer visits within the next 1 hour?

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The probability that the super shop will have 100 customer visits within the next 1 hour is 0.0068.

What is Probability:

Probability can be defined as the ratio of the number of favorable outcomes to the total number of outcomes of an event. For an experiment having 'n' number of outcomes, the number of favorable outcomes can be denoted by x. The formula to calculate the probability of an event is as follows.

Probability(Event) = Favorable Outcomes/Total Outcomes = x/n

Now,

Given:

Number of visitors entering a supershop,

λ=2 per minute

=2×60per 60 minutes

=120per hour

Let

x represents the visitors entering a supershop per hour, as per Poisson distribution, the probability mass function of x can be given as:

P(x=r) = e^−λ * λ^r / r!

The probability that the supershop will have 100 customer visits within the next 1 hour:

P(x=100) = e^−120 × 120^100 / 100!

≈ 0.0068.

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Under what circumstances may a cash-method business be allowed to use the cash method to account for inventory? (check all that apply.)

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Under following circumstances may a cash-method business be allowed to use the cash method to account for inventory:

1. It is predominantly a retail business, and during the past three years, average yearly gross receipts have not exceeded $26 million.

2. It is predominantly a service-based company, and over the last three years, average gross receipts have not exceeded $26 million each year.

What is Cash-method Business?

Cash basis accounting would result in significant discrepancies between inventory accounting and reported revenues and expenses if a corporation elected to monitor purchases and sales using this method.

Both the overall cash method and the overall accrual method of accounting are generally acceptable for small businesses. A taxpayer can postpone revenue under the cash method (which is often simpler than the accrual method) until cash is received; but it cannot deduct expenses until the money has actually been paid.

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If+you+earn+8%+per+year+on+your+bank+account,+how+long+will+it+take+for+an+account+with+$115+to+double+to+$230?

Answers

If You Earn 8% Per Year On Your Bank Account, How Long Will It Take An Account With $115 To Double To $230:9.01 years.

What's the meaning of interest rate?An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.Because of the increase in inflation, interest rates are increasing. The Federal Reserve boosts interest rates in an effort to stifle economic expansion and return inflation to desirable levels.A rate change can be either positive or negative. It is more a reflection of the overall state of the American economy. Focus on achieving your long-term saving and debt payoff goals one at a time rather than freaking out when it changes. Find out more about interest rates' fundamentals.

If You Earn 8% Per Year On Your Bank Account, How Long Will It Take An Account With $115 To Double To $230:

Future value of a single deposit = amount deposited *(1+interest rate)^n

Here,

Future value =$230

Amount deposited=$115.

interest rate =8%=>0.08.

n = number of years = to be found out.

$230 = $115*(1.08)^n

=>2 = 1.08^n

Apply logarithms.

=>log2 = n*log1.08.

=>0.30103 = n*0.03342376

=>n=0.30103 / 0.03342376

=>9.01 years.

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When working together on a group writing project, what is the most important stage of the process?.

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When working together on a group writing project, planning is the most important stage of the process.

A project is any mission, finished individually or collaboratively and likely concerning research or layout, that is carefully planned to achieve a particular intention.

Simply placed, a assignment is a series of tasks that want to be finished to reach a particular outcome. A mission can also be described as a fixed of inputs and outputs required to acquire a particular goal. initiatives can variety from simple to complex and can be managed with the aid of one individual or a hundred.

A challenge is a 1-time occasion with a particular starting and cease date. a few examples of projects are: disaster recuperation efforts. The design of a software program application. the development of a bridge.

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The cost of robots used on an automotive assembly line is an example of a cost for:________

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The cost of robots used on an automotive assembly line is an example of a cost for resources.

A ready source of assistance, support, or supplies, especially one that is accessible when needed. resources, a nation's overall wealth, or its economic infrastructure. Typically, resources are money or any type of asset that can be sold for cash; assets.

Anything that is useful and enhances your life is a resource. Every element of nature that is useful to humans, such as air, water, food, plants, animals, minerals, and metals, is referred to as a "Resource". Each of these resources has a different value depending on its utility and other elements.

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Ghost riders company has an eps of $1.68 that is expected to grow at 8.8 percent per year. if the pe ratio is 19.45 times. What is the projected stock price in 7 years?

Answers

Ghost riders company has an eps of $1.68 that is expected to grow at 8.8 percent per year. Price in 7 years is $58.97.

EPS = $1.68

PE Ratio = 19.45 times

growth rate, g = 8.8%

EPS7 = EPS * (1 + g)^7

EPS7 = $1.68 * 1.088^7

EPS7 = $3.0319

Price in 7 years = EPS7 * PE Ratio

Price in 7 years = $3.0319 * 19.45

Price in 7 years = $58.97

A company is a criminal entity shaped by a collection of individuals to interact in and function a business—business or commercial—corporation. A organisation may be prepared in diverse methods for tax and monetary liability functions depending at the corporate law of its jurisdiction.

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Assuming that hud has no convertible bonds outstanding, then for the year ending december 31, 2016, hud's diluted earnings per share are closest to?

Answers

Diluted Earnings Per Share = Net income / (Shares outstanding + Options contracts outstanding + shares possible from convertible bonds outstanding) = 10.6/ (10+0.3+0.0) = 1.03

So, Diluted Earnings Per Share = $1.03

What do you mean by Diluted Earnings Per Share?

The profitability calculation known as diluted earnings per share, or diluted EPS, estimates the income that each share will receive if all of the dilutive securities are realized.

In other words, it displays the impact on basic earnings per share of dilutive securities such as stock options, the right to purchase common shares, bonds, and preferred stock that is convertible into common shares.

The fundamental formula for calculating earnings per share divides the difference between net income and preferred dividends by the typical number of outstanding common shares. The income that is now accessible to the company's common shareholders is calculated using this formula.

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Joshua purchased a game card for the arcade for a total of $15. he played two basketball hoop games for $2.75 each and three rounds of air hockey for $1.25 each. how much did he have left on the game card? $5.50 $5.75 $9.25 $11.00

Answers

The amount left on the card will be $5.75. The game card was purchased for $15. The basketball hoop games are $2.75 each. The three rounds of air hockey are $1.25 each.

The total amount of the game card is                $15.

(Less ) Games of basketball played 2 × 2.75 = $5.5

(Less) Games of air hockey played  3 × 1.25  = $3.75

The total amount left on the game card is $5.75

When we go to gaming arcades we are required to buy game cards. In these, we can input certain money and these can be used later also. These require to be swiped at the different games and according to the price of the game the amount of the game card will keep on reducing.

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Which management perspectives typically consider an organization to be a closed system? (choose every correct answer.)

Answers

Management perspectives typically consider an organization to be a closed system are Classical manage viewpoint and management science perspective.

Classical management theory includes setting goals, provide training and rewards of the tasks by which the employees of the company are motivated. Actually in the is system tasks are divided into smaller parts that would easy to handle and increase efficiency and productivity of company.

The mathematical or management science approach, sees management as a logical entity whose actions can be represented in terms of mathematical symbols, relationships, and measurement data. Through the use of mathematical tool, issues can be represented in terms of fundamental relationships, and the model can be expressed in a way that best achieves the desired aim.

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the similarities of African countries

Answers

The similarities between African countries are:

Background on Agriculture in Africa

Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.

One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.

It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).

Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.

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Review the statements you starred. Which stand out to you and why? How did Charlemagne improve European society? Which expression is the completely factored form of a +8y6 ?O(x+2y) (x - 2xy + 4y)O (x+2y) (x + 4y) (x+2y) O(x-2y) (x + 2xy + 4y) f(x) = 5x - 7+10Graph Please answer the question quick imma mark brainlist What is a learning style ? Why is it important for students to know their learning style which of the following numbers is best represented by point N? PLS HELP ME :( its my last question SAM HELP! PLSSSSS Moving inland from the Atlantic Fruit and Vegetable Belt surrounding Megalopolis, the next agricultural region encountered is the: A. American Manufacturing Belt B. Dairy Belt C. Spring Wheat Belt D. Corn Belt E. Forest Belt Compare and contrast the arithmetic and geometric means of two numbers. When will the two means be equal? Justify your reasoning. Ariel wants to describe the strength of the relationship between the number of airplane companies in theworld and global warming. Which of the following kinds of research is Ariel most likely to perform? 3) The distance from the Earth to the Moon is 238,900 mi. What is the distance in inches? sharon's organizaion hopes to raise more than $10,000 at their 5k race. what is the inequalities with the variables on both sides Tutti was a popular stringed instrument in the Middle Ages andRenaissance.TrueFalse What was Mary Wollstonecraft best known for during the Age ofEnlightenment?O Women should possess the same rights as menO Women should be submissive to their husbandsO Education was not necessary for womenShe was the Chief editor of the Encyclopedia one half a number is 17 more than one third of that number.what is the number? Suppose a popular fm radio station broadcasts radio waves with a frequency of 88. mhz. calculate the wavelength of these radio waves. round your answer to 2 significant digits. PLEASE ANSWER QUICK THANK U SO MUCH Find the range of the relation.A. {-4, 4}B. { -4, -2, 0, 2, 4 }C. { -7, -4, -2, -1, 0, 2, 4, 5 }D. { -7, -4, -1, 2, 5 } How much water would you add to 10 ml of a 1.0 m salt solution to change its concentration to 0.001 m? An organization's ______ is what an organization actually does, including the products and services it plans to provide and the markets in which it will compete. If pasta is an inferior good, then the demand curve shifts to the _________ when _________ rises.