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2 years ago

In a market with an upward sloping supply curve and a downward sloping demand curve, a price floor?

1 answer:

3 0

In a market with an upward sloping supply curve and a downward sloping demand curve, a price floor creates a deadweight loss.

A market is a system, institution, process, social relationship, or infrastructure configuration that parties exchange. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services to buyers in exchange for money.

A market is a place where buyers and sellers meet to facilitate the exchange or trade of goods and services. A marketplace can be physical, like a retail store, or virtual, like an e-merchant. Other examples include illegal markets, auction markets, and financial markets.

The structure of the economic market can be divided into four categories: perfect competition, monopolistic competition, oligopoly and monopoly.

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According to mainstream business cycle theory, _______. A. the money wage rate is sticky and consequently if aggregate demand g

Ymorist [56]

Answer:

The correct answer is option A.

Explanation:

According to the mainstream business cycle theory, the potential GDP grows at a steady rate while the aggregate demand grows at a fluctuating rate. The money wage rate is considered to be sticky.

So when aggregate demand increases more than the potential GDP, the supply is not able to increase as much as demand. This creates an inflationary gap in the economy.

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3 years ago

Executives at southwestern construction have noticed that the company's construction team in the phoenix office is more efficien

Debora [2.8K]

Answer:

Leveraging the experience of one group to help another group.

Explanation:

Southwestern Construction is hoping to use (leverage) the knowledge of the team in one office by sharing the knowledge with another office and hoping that the second office will also become more efficient simply by adopting the new strategies.

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3 years ago

The internet enables companies to decrease their emphasis on traditional promo

Brut [27]

Answer:

The internet has enabled companies to promote their business with listing key factors and market their products with special highlights.

Explanation:

Earlier businesses used to promote their products by door to door marketing. In this era of technology and advancement the business focus on distinct features of their product and promote the products by highlighting those distinct features which other products does not have. Consumers are impressed with the presentation style and it is easier for them to view the complete product details by sitting at home through internet.

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3 years ago

Validated changes and validated deliverables are the outputs of the ____________________ subprocess of project quality managemen

Usimov [2.4K]

Confirmed modifications and verified deliverables are the outputs of the tracking and controlling subprocess of the quality management manner of mission great management.

Design of experiments is a method that allows identifying which variables have the most impact on the general outcome of the manner. you can also practice the layout of experiments to project control troubles such as value and timetable trade-offs.

Products that can be established via task stakeholders are considered to be demonstrated deliverables. A run chart is a bar graph that depicts facts points and their order of incidence. the usage of Six Sigma principles is a business enterprise-wide commitment and all employees must embrace its concepts. The time period sigma means median.

Manner modifications correct or save you similarly fine issues based totally on first-rate control measurements. process changes regularly result in updates to the satisfactory baseline, company method property, and the assignment management plan.

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2 years ago

Colleen sold a house to Ben for $300,000. Before selling the House, Colleen forgot to tell Ben about a leaky faucet in a little-

arlik [135]

Answer: Because Y's failure to notice the leaky faucet means that he did not justifiably rely on X's "misstatement."

Explanation: Ben may be unable to rescind on the basis that, upon the sale of the property, the leaky faucet is as not intentionally hidden from Ben's notice. If during the property inspection, the leaky faucet was noticed by Ben, and Colleen gave a false statement about the faucet in other to conceal the impairment, then Colleen would have been deemed to have made Ben rely on a false statement and thus making a rescind by Ben would have been possible.

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3 years ago