Answer:
Explanation:
Which of the following is a reason why decreases in the price level result in a rise in aggregate expenditure?
As the price level rises, government spending falls, which lowers aggregate expenditures. ... Price level increases raise real wealth which causes consumption spending and aggregate expenditures to decline. Price level increases cause firms and consumers to hold more money, which raises the interest rate.
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Answer:
Account receivable and revenue account
Explanation:
Since it is given that
The service was performed on the account so the journal entry to record this transaction is shown below:
Account receivable A/c Dr $200
To Service revenue A/c $200
(Being the service is performed recorded)
Both accounts are increases that means the account receivable and the service revenue is increased for $200 each
Answer: If the commercial is TRUE that every additional bite of food tastes as good as the first, the marginal utility from consuming more of the advertised product must be CONSTANT. Option D.
Explanation:
Marginal utility is the additional satisfaction an individual gets, from consuming an additional unit of a product or service.
Therefore, in the scenario given above, if every additional bite of food tastes as good as the first, then the additional satisfaction is just as good as the preceding satisfaction. We can therefore say that the marginal utility gotten from consuming that product is constant.
Answer:
3,500 pounds
Explanation:
By applying the below formula we get:
AQ(AP-SP)
USD 5,250 (unfavorable price variance
)
USD 5,250/(AP - SP) = AQ
So,
USD 5,250/(USD 56.50 - USD 55.00)
= 3,500