1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PolarNik [594]
1 year ago
12

In countries that have high minimum wages and require a lengthy and costly process to get permission to open a business.

Business
1 answer:
butalik [34]1 year ago
7 0

The long-run aggregate supply curve would shift to the right if countries with high minimum wages and lengthy and expensive procedures for obtaining business licenses were to lower both the minimum wage and these requirements.

<h3>In the long run, what happens to the aggregate supply?</h3>

Because it is vertical in nature, the traditional long-run aggregate supply does not shift with the price level. This is because, in the long run, businesses do not alter their output because resources adjust to the price change.

<h3>Why does the aggregate supply curve change over time?</h3>

Changes in the variables that have an effect on an economy's potential output are the only things that can cause the long-run aggregate supply curve to change. Changes in technology, capital, natural resources, and labor are all factors that alter the aggregate supply over the long term.

To learn more about long-run aggregate supply curve here

brainly.com/question/27064601

#SPJ1

You might be interested in
Part E14 is used by M Corporation to make one of its products. A total of 22,000 units of this part are produced and used every
murzikaleks [220]

Answer:

(29,800)

Explanation:

The computation of the financial advantage or disadvantage is shown below:

As we know that

Financial disadvantage = Cost of making - Cost of buying

where,

Cost of making is

= [(Direct material per unit + direct labor per unit + variable manufacturing overhead per unit) × units produced] + additional segment margin

= [($4.7 + $9.30 + $9.80 + $5.20) × 22,000 units] + $34,000

= ($29 × 22,000 units ) + $34,000

= $672,000

And, the Cost of buying is

= Units produced × offered price

= 22,000 units × $31.90

= $701,800

So,

Financial disadvantage is

= Cost of making - Cost of buying

= $672,000 - $701,800

= (29,800)

6 0
3 years ago
which is the best way to express interest in a new job call the employer list reasons for wanting the job send a resume communic
erastovalidia [21]

Answer:

(C) send a resumé

8 0
3 years ago
Leupold &amp; Stevens, Inc., makes Leupold scopes for rifles and has introduced a new scope that has the quality and performance
user100 [1]

Answer:

Penetration pricing

Explanation:

Is a marketing strategy used by businesses to attract customers to a new service or product.  By offering lower price during its initial offering, thats the way they do.   The lower price, helps a new producto or service penetrate the market and attract customers .

6 0
3 years ago
In a shoe manufacturing plant, all shoes undergo the same operations in the same sequence. the shoes flow from one workstation t
andre [41]
The answer is product layout. In manufacturing engineering, this talk about to a manufacture system where the work locations and apparatus are situated beside the line of production, as with assemblage lines. Generally, work units are stirred along a line (not essentially a geometric line, but a set of consistent work stations) by a conveyor.
6 0
3 years ago
If you were in a debate fighting for the rights of something what techniques should you use, just curious?
Crazy boy [7]
Techniques? Hm, well I’d definitely try to reason with them. I’d rely more on logos by giving facts or data that can be proven in some type of way.

This was the best answer I could give for right now, considering that I’m currently typing with one hand. Let me know if you have any further questions.
3 0
3 years ago
Other questions:
  • The major purpose of using "listening strategies" when students express a problem is to___________.
    15·1 answer
  • At the price of $5 per pack of batteries, Duracell sells 10,000 packs of batteries and Energizer sells 15,000 packs of batteries
    7·1 answer
  • The management staff at Doc's Motorcycles believes the company has a social responsibility to its community. They believe that t
    14·1 answer
  • Jhkhkjhkjhkjhkjhhjhkjhkjhkjhkhkjhkjhkjhjk
    5·1 answer
  • For traditional retailers selling physical goods, _____ is the biggest constraint limiting a firm's ability to offer customers w
    14·1 answer
  • You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment, your company's assets are $100
    14·1 answer
  • Jim sells college textbooks. To date Jim has sold $141,002 worth of textbooks. His sales quota is $194.159. Tomorrow he expects
    12·1 answer
  • I forgot my user name and password. Can u help me?
    10·2 answers
  • What advice or tips would you give Mr. Youngher as he prepares for other interviews? He should learn to appreciate the power of
    14·1 answer
  • hard hat company is in the process of purchasing several large pieces of equipment from machine corporation. several financing a
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!