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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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What are the determinants of demand and provide the definition and example of each.​
yKpoI14uk [10]

Explanation:

Examples of determinants of demand are:

- The price of the good or service. - The nominal price of a good is its value in terms of money

- The income of buyers. - available to purchase a good

- The prices of related goods or services. - one of the other factors affecting demand

- The tastes or preferences of consumers. -  the subjective (individual) tastes, as measured by utility, of various bundles of goods.

- Consumer expectations. -the feelings, needs, and ideas that customers have towards certain products or services

If you have any questions feel free to ask in the comments. - Mark

5 0
3 years ago
Katherine, Alliah, and Paulina form a partnership. Katherine contributes $150,000. Alliah contributes $150,000, and Paulina cont
ryzh [129]

Answer:

$33,750

Explanation:

The computation of the amount of income which is credited to Katherine's capital account is shown below:

= (Katherine contribution ÷ total contribution) × partnership income

= ($150,000 ÷ $400,000) × $90,000

= $33,750

The total contribution equals to

= Katherine contribution + Alliah contribution + Paulina contribution

= $150,000 + $150,000 + $100,000

= $400,000

8 0
3 years ago
Maddie's shoe store donated hundreds of pairs of shoes to needy children at an inner city school. A news crew reported on the do
chubhunter [2.5K]

Answer:

publicity

Explanation:

Publicity involves creating an excellent reputation for a company's brand name. Publicly arises from positives messages from the media, and other sources such as the internet and word of mouth.  An organization engages in activities that create a good relationship with the media and the public to build the desired publicity.

Publicity messages are not paid for, unlike advertising.  In the case of Maddie, the business was engaged in a charitable event. The event was captured in the press, and Maddie brand name was mentioned, thus promoting its brand name.  

3 0
3 years ago
What does a money market account offer that a certificate of deposit (CD)
ruslelena [56]

Answer: A. You can withdraw money at any time.

Explanation:

4 0
2 years ago
Indirect costs incurred in a manufacturing environment that cannot be traced directly to a product are treated as a.period costs
Dima020 [189]

Answer:

Indirect costs incurred in a manufacturing environment that cannot be traced directly to a product are treated as Product costs and expenses when the goods are sold, Option D.

Explanation:

Indirect costs are also manufacturing overheads which cannot be directly put on the product but they have to be allocated in some way. So, these are treated as 'product costs' and 'expenses' when the goods are sold. They are not period costs as per Option A and option C. Option B which says that it is product costs when incurred, which is also incorrect.

Examples of indirect costs can be accounting and legal expenses, rent, telephone expenses, salaries of administrative.

Direct costs includes the costs of direct 'labor', materials and commissions.

8 0
3 years ago
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