Answer: An increase in the expected price level shifts short-run aggregate supply to the D. Left, and an increase in the actual price level does not shift short-run aggregate supply.
Explanation: Aggregate supply is the total supply of goods and services that are available in a given market. The producers have production levels match a specific amount of items and then disperse them to the market. As prices change, then quantity supplied and purchased fluctuates accordingly.
Answer: Please see below for answer
Explanation:
Jones
Advertise NOT to advertise
Smith Advertise 8,8 12,6
NOT to advertise 6,12 10,10
To show that advertising is a dominant strategy.
Here if smith advertises, the best option is for Jones to advertise too since Jones will be getting a high pay off of $8million. when Smithy fails to advertise, the best option is for Jones to stll advertise sinvehe will be getting a higher payoff of $12 million. The dominant strategy is for Jones to advertise.
In the same vein, if Jones advertises, the best option for smith is to advertise too since he will get a high pay off same with ones at $8million. and if Johns fails to advertise, Smith should still advertise since he will be getting a higher pay off of $12million than $6million making the dominant strategy for smith to be in favor of advertisement.
This shows that advertising is a dominant strategy as a higher payoff is guaranteed.
b) If the government places a ban on cigarette ads, both firms will receive $10 million as neither of them will be able to advertise , than when both firms advertise with a pay off of $8million. The two firms should favor the ban as they will receive a higher payoff if both do not advertise.
The three bottom line in the social responsibility are :
- Economic
- Social
- Environment
This three bottom lines could directly affect each other. For example, as the company experienced an economic growth, it could increase the quality of the social and environmental element around the company through various Corporate social responsibilities.
Answer:
There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.
Explanation:
total available amount of deduction for research and experimental expenditures is:
2018 - $500,000 + 90,000 + 8,000 + 6,000 + 15,000
= $619,000
2019- $600,000 + 70,000 + 11,000 + 8,000 + 14,000
= $703,000
2020 - $0
Amortized value for research and experimental expenditures
= ($619,000+703,000)/60
= $22,033 per month
Amortized value for research and experimental expenditures for 2018
= $0
Amortized value for research and experimental expenditures for 2019
= $0
Amortized value for research and experimental expenditures for 2020 (from july to dec => 6 months)
= $22.033*6
= $132,198
Therefore, There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.
Answer:
imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs).
Explanation:
A tariff is a compulsory sum levied on the importation of goods. the purpose of tariffs is either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). by imposing tariffs, imported goods become more expensive. this discourages importation and encourages individuals to patronise locally produced goods.
