1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
raketka [301]
3 years ago
11

In the long run, if the firm decides to keep output at its initial level, what will it likely do? stay on but decrease to the po

int touching shift to operate on shut down shift to operate on
Business
1 answer:
ZanzabumX [31]3 years ago
8 0
<span>The primary aspect to consider here would be the elasticity of the good that the firm is producing. If the good is inelastic, the firm will continually increase the price in the long run model. If the good is elastic, in the long run, prices and output will remain relatively fixed at the equilibrium point.</span>
You might be interested in
What are three causes and effects of the haymarket square riot
Ulleksa [173]
Effects:

increased anti-labour and anti-immigrant sentiment and suspicion of the international anarchist movement

Causes:

Haymarket Square turned into a riot after someone threw a bomb at police.
3 0
2 years ago
HELP PLZZ ASAP WILL GIVE BRAIIEST
neonofarm [45]

Answer:

Well for one sanitizing everything like crazy.We wouldn't run out of toiletry so fast and we would not be wearing mask even when we are driving by alone.If scientist never looked more about vaccine then we wouldn't of known about the other types of corona.

I hope this helps!

4 0
3 years ago
Read 2 more answers
If there is a decrease in the short-run aggregate supply curve and no changes in monetary and fiscal policies are implemented, t
Korvikt [17]

Answer:

D. Return to the original output and price level.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

Generally, an economy will return to its original level of output (production) and price level when the short-run aggregate supply curve falls (decreases) and no changes in monetary and fiscal policies are implemented. Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as aggregate demand (AD), aggregate supply (AS), inflation, and employment within a country.

6 0
3 years ago
Aurora and Oscar separated in 2017 and divorced in October 2019. She earned $40,000 in wages and paid more than half the cost of
Delvig [45]

Answer: The answer is C credit for other dependents

Explanation:

This is a reduction in tax liability given by the government to the tax payers for each of their children who still depends on the parent for some kind of support. The reduction in the tax liability given to parents include a sum of $500 for each of the children who still depend on their parents. This form of tax credit is given to children who is between the ages of 17- 23 years like in the case of Milo who is 17 years and unmarried. The chiidren who will enjoy this reduction in tax liability must be a students like in the case of Milo who is a full - time student working towards a degree in computer information system.

The tax credit criteria for qualification also include that the tax payers must be the one responsible for half of the dependent support, in addition, the dependent income must be low like in the case of Milo above whose income was $3,800 in wages and $400 of dividend income. This tax reduction can also be given to tax payers in respect of parents or grand parents who still depends on the tax payers for support. To also qualify for the tax reduction the dependent in question must be a United States citizens and must have a valid social security numbers like in the case of Milo above and Aurora the parent who are both U.S citizens and also they possess a valid social security numbers

5 0
4 years ago
(50 points) What is the combination of what you own, earn, and invest minus the debt you owe on those things called?
Pavlova-9 [17]
A. Wealth, because B-D do not reflect debt
4 0
2 years ago
Other questions:
  • Nancy's union has negotiated a three-year wage contract that provides for a 2.4% increase indexed to inflation. The rates of inf
    10·1 answer
  • General Mills collects data on​ sales, customer​ information, preferences, and a host of other information related to the​ Go-gu
    6·2 answers
  • According to the NFIB Small Business Policy Guide, after 10 years in business, the percentage of small firms surviving is ______
    12·1 answer
  • Carson Company faces a probable loss on a pending lawsuit where the amount of the loss is estimated to be $500,000. The journal
    7·1 answer
  • A salesperson receives an annual salary of $6,000 plus 8% of the value of the orders she takes. The annual value of these orders
    8·1 answer
  • In 1679 new hamisphere was
    13·1 answer
  • Terry, Inc., makes gasoline storage tanks. All production is done under contract. The company makes three basic models, but each
    5·2 answers
  • At 9,000 drect labor hours, the flexible budget for indirect materials is $27,000. If $28,000 of indirect materials costs are in
    6·1 answer
  • How would an electronic transfer to someone else be recorded in your transaction register or on your mobile banking app?
    14·1 answer
  • g Suppose the Federal Reserve begins to increase the supply of money at an increasing rate. What impact would that have on GDP,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!