The vertical, long-run aggregate supply curve indicates that the long-run level of economic output is dependent upon ________.

1 answer:

3 0

The vertical, long-run aggregate supply curve indicates that the long-run level of economic output is dependent upon stock of productive factors. The supply curve illustrates the relationship between the price of an item or service and the volume delivered over a specific time period.

In a typical scenario, the amount supplied will be shown on the horizontal axis and the price will be shown on the left vertical axis. For the products with greater elastic supply, the supply curve is shallower near to horizontal factors, whereas for products with less elastic supply, the supply curve is steeper the closer to vertical.

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Total utility

miss Akunina [59]

Answer:

Option A.

Explanation:

Option “A” is the correct answer because the total utility is the total degree of fulfillment or satisfaction that a customer gets through the utilization of a particular good or service. Every individual unit of a commodity has its very own marginal utility, and the total utility is just a summation of marginal utilities. However, when total utility declines the marginal utility becomes negative.

6 0

3 years ago

you will then summarize the views and then re-circulate to the experts again. you may get consensus after several rounds. what t

rodikova [14]

The correct answer to this open question is the following.

Although there are no options attached or further reference, we can say the following.

The technique/tool you are using could be the Delphi technique.

The Delphi technique is a favorite method used in corporations by managers and leaders when they have to make business or operational decisions. The basics of this Delphi technique is that some questionaries are sent to group experts so they can analyze the information and come up with their conclusions. Then, these conclusions are shared with the decision-makers so they can proceed to make the best decision.

5 0

3 years ago

PLEASE HELP

Damm [24]

The circle theorems include:

The angle at the center is twice the angle that's at the circumference.
The angle in a semicircle is a right angle.
Angles in the same segment are equal.
The opposite angles in a cyclic quadrilateral equal 180°.

<h3>How to explain the theorem?</h3>

It should be noted that circle theorems are simply about finding the arc lengths, angles, and areas of the sector of the circle.

Some of the theorems include the angle at the center is twice the angle that's at the circumference, the angle in a semicircle is a right angle, etc.

The circle theorem can be used in real life application by a photographer to focus his lens. The radius of the lens will be used to determine the focal length. Also, it should be noted that the aperture of the camera depends on the diameter of the lens.

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