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MAXImum [283]
2 years ago
7

Which f the following would likely accompany economic growth

Business
1 answer:
hodyreva [135]2 years ago
3 0

Answer:

Higher inflation, lower unemployment

Explanation:

There are no answer choices but in general, if there is economic growth, the LRAS curve (vertical) shifts right, and higher economic growth means more people become employed. Relating that to the phillips curve, lower unemployment will move up the curve to higher inflation.

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Nissley Wedding Fantasy Corporation makes very elaborate wedding cakes to order. The owner of the company has provided the follo
Scrat [10]

Answer:

$62.00

Explanation:

Given data (Twersky Wedding):

Size-related:               $1.15/guest

Complexity-related:   $28.24/ tier

Order-related:            $74.74/order

Guests:                        120

Tiers                             5

Order                            1

Calculations:

Size related ($1.15 per guest × 120 guests):            $138.00

Complexity-related ($28.24 per tier × 5 tiers):        $141.20

Order-related ($74.74 per order × 1 order):             $74.74

Cost of purchased decorations for cake:                $54.66

______________________________________________

Total cost                          $408.60

Charges                            $470.60

Overall margin = Charges - Total cost = $470.60 - $408.60 = $62.00

Hope this helps!

6 0
3 years ago
The mid-1990s saw a rise in the use of mobile phones in the general population. The technology continued to improve in the early
Ber [7]

Answer:

the cpi has understated the cost of living because of quality improvement bias

6 0
3 years ago
The relationship between quantity supplied and price is _____
Nataliya [291]

Answer:

I believe it is profit

Explanation:

6 0
3 years ago
Generally accepted accounting principles require that companies use the ____ of accounting.
White raven [17]

Answer:accrual basis

Explanation: the need the truth on the accounting princess so it has to be to accrual basis

3 0
2 years ago
A profit-maximizing firm in a monopolistically competitive market differs from a firm in a perfectly competitive market because
irinina [24]

Answer:

c. faces a downward-sloping demand curve for its product

Explanation:

Perfect Competition is a market form, having large no. of sellers, selling homogeneous products at constant prices. So, constant prices imply that their demand curve is horizontal, perfectly elastic.

Monopolistic Competition is a market form, having many sellers, selling slightly differentiated products which are incomplete substitutes of each other. The prices also vary from firm to firm, depending on product quality. So, these firms have usual downward sloping curve, denoting price-demand inverse relationship.

7 0
4 years ago
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