Answer:
Alejandro´s opportunity cost is 2/3 of a chart.
Roger´s opportunity cost is 1/2 of a chart.
Explanation:
The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.
In this case , we can say that Alejandro and Roger can produce 2 product. And if they produce one , they loose the possibility of producing the other.
We can Illustrate this situation with a production possibility frontiers graph and if we increase the quantity produced of one good, will decrease the other, because the limited resources.
Alejandro produce 3 three pages of the paper in the same time it takes him to create two charts. We use cross multiplication to get how many charts Alejandro produce at the same time he produce a single page
1___x
3___2 so x= 1x2/3
So , in the time he produce a single page of the essay, he could produce 2/3 of a chart. This is the cost opportunity.
Roger can write two pages of the paper in the same time he can produce a single chart. So, in the time he produce a single page of the essay he could make half of a chart.
Because a decrease in real autonomous spending results in a <u>fall</u> in the price level, the ultimate effect on real GDP is<u> smaller</u> that predicted by the multiplier.
Another significant discovery is made by Keynesian economics. You've learnt that Keynesians think fluctuations in total spending are what ultimately determine the level of economic activity in the short run (or aggregate demand).
Assume that full employment prevails in an economy because the macro equilibrium occurs at the potential GDP.
Keynes noted that even while the economy starts at potential GDP, it is improbable that it will stay there because aggregate demand has a propensity to fluctuate.
In 2007, the collapse of the housing market caused a decline in U.S. investment spending. The Great Recession subsequently hit the American economy as a result.
To learn more about Keynesian here
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I think it's D but I can't say I'm 100% sure..
Answer:
Therefore uncollectibel account expense = 0.22 x 94,000 = $20,680
Explanation:
Uncollectible accounts are determined by the percent-of-sales method to be 22% of credit sales. How much is uncollectible-account expense for 2014?
Uncollectible Accounst will simply be 22% multiplied by the credit sales figure for the year.
Accounts Receivable.....26,000
Allowance for collectible account...1,500
Credit sales for 2014 ...$94,000
Cash Sales for 2014.....28,000
Collection from customers on account...100,000
Therefore uncollectibel account expense = 0.22 x 94,000 = $20,680
Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.
Explanation: I HOPED THAT HELPED,!
