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2 years ago

A period during which aggregate output rises is known as a(n)

Business

1 answer:

sladkih [1.3K]2 years ago

6 0

It is known as expansion.

A product's life cycle is the period of time from when it is initially made available to consumers until it is discontinued. Introduction, expansion, maturity, and decline are the four stages that make up a product's life cycle.

Professionals in management and marketing utilize product life cycles to assist them decide on advertising schedules, pricing points, expanding into new product markets, redesigning packaging, and more. Product life cycle management refers to these strategic means of a product's support. They can also help determine when the newer products are ready to push the older ones from the market.

Therefore, the answer is expansion.

To know more about product life cycle click here:

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Fatima works in a bakery and earns $120 per week. Fatima’s grandfather has given her $5,000. Fatima is going to use this money t

Brums [2.3K]

1). The four factors that would be involved in Fatima's bakery business would be:

Land or the place where she would prepare and pack the cakes.
Labor who would be involved in the production of the cakes.
Capital that would be invested to incur the costs of the production.
Entrepreneurship is the 'art of employing innovation and risk-taking in the business for making profits.'

2). The opportunity cost of Fatima's decision to run her own bakery business would be her weekly earning of $120 per week as it is the cost of the most valuable forgone opportunity.

3). Fatima's business would assist the customers in meeting their 'wants' as she assists them in fulfilling their special and personalized demands for cakes for their various occasions like weddings, festivals, or birthdays and not for regular meals.

Learn more about 'opportunity cost' here:

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6 0

3 years ago

Problem 15b.) Suppose that, three years ago, the small town of Middling experienced a sudden doubling of the birth rate. Today,

sweet-ann [11.9K]

Answer: to consider 14 years into the future "There will be a rightward shift of the supply curve for babysitting services 14 years from now, which will result in a higher equilibrium price and a higher equilibrium quantity". Which means option "A" is most correct.

Explanation: We shall Analyse the scenario in steps for your easy understanding and clarification.

STEP 1: In 14 years time the babies born during the child birth rate increase will start giving birth, and the babies born today will become they babysitter.

STEP 2: babies born three years ago are twice babies born today.

STEP3: The twice rate of babies born three years ago will want the normal rate of babies born today to serve them as babysitter.

STEP 4: In 14 years time, the parents that will need the service of baby sitters will be twice the available babysitter, because the parent in 14 years time are the ones born during the child birthrates increase. And the babysitter will be the one born today, during the normal child birth rate.

Form the analysis in the steps we can see that, they will be an increase in the demand of babysitter in 14 years time, which may lead to increase in price, Therefore, they will be an increase in the quantity of services needed.

There will be a rightward shift of the supply curve, because the curve will start from babysitting service when demand was normal to when demand comes high and then back to normal.

NOTE: The quantity in this scenario is not the quantity of babysitter available, but the quantity of parents in need of babysitter service.

THEREFORE FOR BABY SITTERS SERVICES, AS THE EQUILIBRIUM QUANTITY INCREASE, THE EQUILIBRIUM PRICE INCREASE TOO.

5 0

3 years ago

An example of a cost would be _____. profit revenue fire salaries

tangare [24]

The cost of electricity. because explicit costs are like accounting costs. They are direct costs that come with operating a business. A,B and C are all implicit costs, they are like opportunity costs and do not have any direct value in a accounting perspective.

5 0

4 years ago

Read 2 more answers

A government deficit occurs when government expenditures are greater than the revenue collected in a given year. A government de

STALIN [3.7K]

Answer:

Explanation:

A.private investment decreasesB.it has no immediate effect on the economy.C.the government can stimulate the economy when income is unusually low.D.the public does not voice concern about the national budget

A deficit occurs when government spending exceeds income either because it spends more than it earns or taxes are too low

A balanced budget is when government spending equals income

benefits of a budget deficit

it allows the government to carry out stabilization policies
it allows the government spread discretionary tax overtime

8 0

3 years ago

Concord Corporation sells radios for $50 per unit. The fixed costs are $665000 and the variable costs are 60% of the selling pri

kenny6666 [7]

Answer:

(B) 34400 units

Explanation:

The formula to compute the break even point is shown below:

= (Fixed costs) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $50 - ($50 × 50%)

= $50 - $25

= $25

And, the fixed cost = $665,000 + $195,000 = $860,000

So, the break even point would be

= ($860,000) ÷ ($25)

= 34,400 units

7 0

4 years ago