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tekilochka [14]
1 year ago
6

FILL IN THE BLANK. aggregate supply curves are___for low levels of output, and___for high levels of output.

Business
1 answer:
yuradex [85]1 year ago
4 0

For low levels of output, aggregate supply curves are comparatively flat; for high levels of output, they are comparatively steep.

<h3>What is aggregate supply? </h3>

The total amount of merchandise that businesses will produce and sell is known as aggregate supply, or real GDP. The positive association between price level and real GDP in the short run is demonstrated by the upward-sloping aggregate supply curve, also known as the short run aggregate supply curve.

Price, time, employer remuneration, technical breakthroughs, inflation and deflation, governmental rules, and the availability of resources are some of the variables that influence the aggregate supply curves.

To know more about aggregate supply, visit:

brainly.com/question/29349235

#SPJ1

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The main elements of market structure are _____. perfect competition, monopolistic competition, monopoly, and oligopoly perfect
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Answer:

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Explanation:

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6 0
2 years ago
A jet ski that previously sold for $5,599.99 has been reduced to $3,863.99. What is the markdown percent? (Round your answer to
tangare [24]

Answer:

31%

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5 0
3 years ago
On January 1, 2017, MM Co. borrows $350,000 cash from a bank and in return signs an 4% installment note for five annual payments
frez [133]

Answer:

a. Journal entry to record the issue of notes

Date           Account Title & Explanation   Debit $        Credit $

Jan 1          Cash                                           350,000

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                  (To record the issue of notes payable)

b. Calculation of Interest Expenses

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Interest expenses                                         14,000

Hence the interest expenses = $14,000

Principal amount is calculated as the difference between the annual payment and the interest expenses as seen below

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Annual payment                                      96,590

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Principal Payment                                  82,590

Hence, the principal payment =$82,590

6 0
3 years ago
a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,250
BlackZzzverrR [31]

Answer:

since there is not enough room here I used an excel spreadsheet

Explanation:

Download pdf
6 0
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