It should be noted that the three range of the aggregate supply curve will be the Keynesian, intermediate, and the Classical range.
The aggregate supply curve simply means the quantity of real gross domestic product that is supplied by an economy at different price levels.
The three ranges of the aggregate supply curve are the Keynesian, intermediate, and Classical ranges. In the Classical range, the economy is producing at full employment.
Typically, an increase in aggregate demand (AD) will lead to a rise in the price of the goods that are supplied.
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Answer:
Letter A is correct. <u>Fostering competition.</u>
Explanation:
In this case, it is correct to say that small businesses are fostering competition.
Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.
Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.
Answer:
Store atmosphere
Explanation:
There are various techniques used by companies to attract more customers. One of them is to design the shop in the best way possible. Pauline is thinking about designing the place and making decisions about the colours and layout because Pauline understands that the store atmosphere and the looks can certainly affect the customer's purchase decision.
Answer: There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree
Explanation:
When making a career research, it's vital to consider the opinion of the people that already have that career as their occupation as they already have the required knowledge concerning the job.
Also, one should consider the availability of job, the skills, abilities that one has and the future prospects of the job.
Furthermore, we all have something we value about careers and our opinions regarding that might be different.
Therefore, the correct option is "There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree". This is false.
Answer:
Monthly payment is $840.12
Explanation:
we are given: $70000 which is the present value of the loan Pv
12% compounded monthly where the interest rate is adjusted to monthly where i = 12%/12
the period in which the loan will be repaid in 15years which contain 15x12 = 180 monthly payments which is n
we want to solve for C the monthly loan repayments on the formula for present value as we are looking for future periodic payments.
Pv = C[((1- (1+i)^-n)/i] thereafter we substitute the above mentioned values and soolve for C.
$70000= C[((1-(1+(12%/12))^-180))/(12%/12)] then compute the part that multiplies C in brackets and divide by it both sides.
$70000/83.32166399 = C then you get the monthly loan repayments
C = $840.12 which is the monthly repayments of the $70000 loan.
