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liubo4ka [24]
2 years ago
13

If subsidies for research and development on new technologies lead to an increase in the average productivity of labor, what wil

l most likely happen to real GDP per capita and long-run aggregate supply LRAS for a given population size
Business
1 answer:
marin [14]2 years ago
8 0

Real GDP per capita and LRAS will increase if there is an increase in the average productivity of labor.

<h3>What is GDP?</h3>

This is referred to as Gross domestic product and it is defined as the monetary measure of the market value of all the final goods and services produced in a specific time period by countries.

Whje  productivity increases, it leads to a corresponding increase in Real GDP per capita and LRAS will increase.

Read more about GDP here brainly.com/question/1383956

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Dennis, who consumes only grilled chicken sandwiches and salads with low-fat dressing, has a weekly income of $100 to spend on f
Kitty [74]

Answer:

1. buy more salads and fewer sandwiches.

Explanation:

As we know that

\textup{MU}_{S}=\textup{Marginal utility of Sadwitches}

\textup{MU}_{SA}=\textup{Marginal utility of Salad}

\textup{P}_{S}=\textup{Price of Sanswithches}

\textup{P}_{SA}=\textup{Price of Salads}

Therefore

\frac{MU_{S}}{MU_{SA}}=\frac{P_{S}}{P_{SA}}

\frac{MU_{S}}{MU_{SA}}=\frac{\$40}{\$40}=1

Now the price ratio is

\frac{P_{S}}{P_{SA}}=\frac{\$3}{\$2}=1.5

It is probable if you rising marginal utility numbering and reduce denominator marginal utility. If you reduce their intake, the MU of a food item will raise. Such decrease in the composition would make the quantity of the food element scarce. And its usefulness goes up. The Numerator here is sandwich MU. And to increase their marginal utility, you can reduce sandwich consumption.

Salad should need just the reverse. You raise salad intake so the MU reduces. Therefore you have to eat more salads and less chicken sandwiches to maximise the utility. So, salad is replaced by sandwiches for chicken.

5 0
3 years ago
To create an indian flag as per the standard ratio​
adell [148]
Anwser - 3:2 I’m not sure if u still need help
5 0
3 years ago
The Heating Division of Kobe International produces a heating element that it sells to its customers for $40 per unit. Its varia
san4es73 [151]

Answer:

$48

Explanation:

Calculation the minimum transfer price that the Heating Division should accept

Using this formula

Minimum transfer price=[New UVC + (Lost USP - Regular UVC)]

Let plug in the formula

Minimum transfer price=$28+ ($40- $20)

Minimum transfer price=$28+20

Minimum transfer price= $48

Therefore the minimum transfer price that the Heating Division should accept is $48

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3 years ago
Starbucks is owns and operates most of its retail outlets; mcdonalds franchises most of its retail outlets. an advantage of fran
Sergeeva-Olga [200]
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3 years ago
Crown Holdings Inc. manufactures a high-resolution, full-color digital inkjet printed cans that allows smaller beverage producer
MA_775_DIABLO [31]

Answer:

Just-in-time (JIT).

Explanation:

In this scenario, Crown Holdings Inc. manufactures a high-resolution, full-color digital inkjet printed cans that allows smaller beverage producers to label the cans as they are needed to be filled rather than keeping a stock of preprinted cans. This is an example of how a beverage company could use just-in-time.

Just-in-time (JIT) is an inventory management method used by a company wherein goods, products, components, and labor are made available exactly when needed or just few hours before they are needed in the production process.

It is an inventory management system that is adopted by companies to reduce wastage to the barest minimum and to increase operational efficiency as goods, materials and labor are scheduled for arrival when needed in the production line. Consequently, this would help to reduce or cut costs associated with storage of materials and inventory costs.

Between the 1960s and 1970s, The concept of just-in-time was developed by Toyota in Japan.

<em>Additionally, in order to maximize the benefits of the just-in-time method, it is very important and essential that their is a proper synchronization between the manufacturer (small beverage producers) and the supplier (Crown Holdings Inc.); manufacturing cycles and the delivery of goods, materials and labor. </em>

5 0
3 years ago
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