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Hunter-Best [27]
1 year ago
14

Aggregate supply is represented as a schedule or curve showing the relationship between the nation's

Business
1 answer:
Diano4ka-milaya [45]1 year ago
4 0

Aggregate supply is represented as a schedule or curve showing the relationship between the nation's price level (index) and the amount of real domestic output that firms in the economy produce.

The whole supply of products and services produced within an economy at a specific overall price over a specific time period is known as aggregate supply, also known as total output.

In other words, Aggregate supply is the total amount of items produced over a specified time period at a particular pricing point.

The relationship between price levels and the amount of output that businesses are prepared to produce is depicted by the aggregate supply curve.

Usually, the level of prices and total supply have a positive connection.

Demand growth or decline has the biggest impact on short-term changes in aggregate supply.

New technology or other developments in an industry have the biggest impact on long-term changes in aggregate supply.

Learn more about aggregate supply:

brainly.com/question/18273009

#SPJ1

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One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors. True or false?.
MrMuchimi

True. One reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.

<h3>What is a predetermined overhead rate?</h3>

This is the term that is used to refer to the allocation rate that is used in the determination of the estimated cost of the manufacturing overhead. It is used to show in either the order of the product or that of the job.

Hence based on this question we can say that it is true because the reason to use a predetermined overhead rate is to eliminate the effect of seasonal factors.

Read more on overhead rate here: brainly.com/question/13312583

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3 0
1 year ago
The ALG Manufacturing Company has gathered the following information for the month of September:• 6,000 units in the beginning W
mars1129 [50]

Answer:

C. 66,000

Explanation:

Ending Work in Process (WIP) = Beginning Work in Process + Units Started into Production - Units Completed and Transferred

Ending WIP = 6,000 * 100% + 60,000 - 50,000 = 16,000

Equivalent Units of Production (EUP) = Units Completed + Units Ending WIP x % of conversion

EUP = 50,000 + 16,000 * 100 = 66,000

4 0
3 years ago
Name the agency that is responsible for tracking changes in the composition of the u.s. labor force and forecasting employment t
nika2105 [10]
<span>The bureau of labor statistics, the principal fact-finding agency for the U.S. government, is the agency responsible for tracking changes in the composition of the U.S. labor force and forecasting employment trends. Collecting, analyzing, processing, and disseminating data to citizens, businesses and government agencies.</span>
5 0
3 years ago
Vivian goes to an auction and sees a rare antique lamp that is an identical match to one she already has. At the proper time she
Verdich [7]

Answer:

Most auctions are without reserve and therefore the auctioneer cannot withdraw the lamp.                        

Explanation:

Every auction seems to be either "of-reserve" versus "without-reserve." So the reaction to whether an auction house manages higher bids depends on that form of bidding being carried out. In an offering with reserves, the auction house may reject a higher offer (retain the privilege to reject ...) in which any better bid should be approved in an offering without deposit.

Put differently, the auction house is not obliged to deliver to the top purchaser in a with reserved sale. Essentially, the next bigger raise reflects the minimum price.

6 0
3 years ago
Although Elton Mayo originally intended to collect data for a traditional scientific management study, his breakthrough research
erastovalidia [21]

Answer:

True

Explanation:

George Elton Mayo was well known for his theory about the human relations management which shed lights on things that drive employees motivation. The theory also tells about the factors which affects the productivity of employees, this lead to extensive research in this field which extended the field of human relations management. So it is true that scientific management study has a great contribution from Elton Mayo that lead to further studies of factors that increases the productivity of the employees.

4 0
3 years ago
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