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Ivenika [448]
2 years ago
5

The aggregate supply curve slopes a. downward because firms can sell more at lower prices. b. upward because firms can hire work

ers at fixed wages for short-run periods. c. upward because firms want to hire more workers at higher wage levels. d. downward because firms can hire more workers at lower prices.
Business
1 answer:
RideAnS [48]2 years ago
4 0

Answer:

The correct option is (b)

Explanation:

Aggregate supply curve is upward sloping as output increase with the increase in price. In the short run, wage rate is fixed. As such, in the short run, firms can hire more workers at fixed wage rate. An increase in price indicates more profits, thereby increasing output.

This is the reason for upward sloping AS curve.

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What tends to cause structural unemployment?<br> Economics
Yuri [45]

Answer:

Structural unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer. Jobs are available, but there is a serious mismatch between what companies need and what workers can offer.

Explanation:

4 0
3 years ago
The annual dividend rates for a random sample of 16 companies in three different industries, utilities, banking, and insurance,
lubasha [3.4K]

Based on the information given, the results show that A.The annual dividend rate in the utility industry is significantly less than the annual dividend rate in the banking industry.

A dividend rate simply means a financial ratio that is important as it shows how much a company pays out in dividends every year relative to the stock price of the company.

In this case,  the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This implies that the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry.

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brainly.com/question/3161471

4 0
2 years ago
Overapplied manufacturing overhead would result if:
Ksivusya [100]
<span> Manufacturing overhead describes the difference between manufacturing overhead cost applied to work in process and manufacturing overhead cost actually incurred during a period.</span>
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4 0
3 years ago
Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact he would enjoy t
slamgirl [31]

Answer:

C. framing effects

Explanation:

Based on the information provided within the question it can be said that the behavioral economists would say that Josh's decision is affected by framing effects. This term refers to a cognitive bias where people tend to base their choices of different options based on the positive or negative connotations presented. Which is what Josh is doing by basing his decision on who else is having desert.

4 0
3 years ago
Trent earned $28,500 last year. he paid $8,265 for rent. what percent of his earnings did trent pay for rent?
Andrews [41]
You can find the percentage by multiplying the ratio of the rent to the earnings by 100.
8265/28500 * 100 = 29 %
6 0
3 years ago
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