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a_sh-v [17]
3 years ago
13

When an economy is temporarily operating at an output that is beyond its full-employment rate it means that

Business
1 answer:
MrMuchimi3 years ago
3 0

It means that excess demand in resource markets will lead to higher resource prices, which will increase costs and direct the economy toward full employment.

Explanation:

An economy’s full employment output is the highest production level when all available resources are used efficiently. It equals the highest level of production an economy can sustain for the long-run. It is also referred to as the full employment production which results in long term supply of the finished good.

When there is increased demand then eventually there will be an increase in the price and also costs of the production which leads the economy towards the full employment output as it is a sustainable output.

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All things equal, a magma will have __________ viscosity than a lava
mixas84 [53]
The answer to this question is Lower
Viscosity refers to the rate of thickness on a certain substance compared to another. Unlike magma, Lava is the mixture of various liquid, crystals, and some elements such as  silicon<span>, oxygen, aluminum, calcium, iron, magnesium </span>sodium<span>, potassium, phosphorus, and titanium, which makes it significantly more thicker compared to magma.</span>
3 0
3 years ago
Oakley Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $32,100. If
Murrr4er [49]

Answer: $2100

Explanation:

From the question, we are informed that Oakley Company does not ring up sales taxes separately on the cash register and that the total receipts for February amounted to $32,100 and the sales tax rate is 7%.

The amount that must be remitted to the state for February's sales taxes will be:

= $32,100/(1+7%) × 7%

= $32100/(1 + 0.07) × 0.07

= $32100/1.07 × 0.07

= $2100

7 0
2 years ago
A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television
kotykmax [81]

Answer:

D. Economic value created.    

Explanation:

The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.

Following is the formula for calculation of economic value created:

Economic Value Created = Value customer willing to pay   -  Cost of product

Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:

Economic Value Created = $600 - $400 = $200

So the correct option is option D.

5 0
3 years ago
An ad agency creates two ads for a particular car. One stresses the car's safety and gas mileage; the other simply shows how fun
Kay [80]

The first ad relies on the Central route to persuasion; the second, on the Peripheral route .

<u>Explanation: </u>

Advertising is a payment of the messages sent by those who send them to notify or affect the recipients, as defined by the British Advertising Association.

The central route to convincing takes place when the substance of a message persuades a person. The peripheral way to persuade takes place when a person is convinced by something other than the content of the post.

The peripheral route often occurs if a listener is convinced that there are many points in a text— but there is no ability or incentive to care about each one individually. In other terms, secondary data such as the identity of the source (credibility) or many claims in a single message is shortcut.

3 0
3 years ago
Identify Ten (10) Differences that exist Between
Alisiya [41]

Explanation:

Consumers buy products for their own use, while businesses buy goods to use in their continuing activities and resell to consumers. Customers appetite and the need for manufacturing supplies force organizations to buy products in greater quantities than people.

4 0
3 years ago
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