Answer:
b) The economy is actually harmed as there is a sharp decease in consumer spending.
Explanation:
As a result of the news of a recession people will react by planning for a future that may be bleek financially.
Savings will increase, the greater the fear of recession the more people will save to cushion the impact of recession. There is the possibility of job slow down in economic activities and resultant job losses so extra cash that would have normally been spent will be saved for the rainy day
Social first developed because of technological advances in human societies that created surplus resources. deviance is the kind of deviance that societies do not sanction using laws.
<h3>What is
surplus resources?</h3>
Surplus is the amount of an asset or resource that exceeds the amount used. To calculate consumer surplus, simply divide the consumer's actual price by the amount they were willing to pay.
When you have more of something than you need or intend to use, you have a surplus. For example, if you cook a meal and there is food left over after everyone has eaten, you have a surplus of food.
A consumer surplus and a producer surplus are both components of an economic surplus. These two types of surplus are distinct, but both represent a specific gain for either the consumer or the producer.
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Answer: are higher than average, because the job sector is rapidly growing.
Explanation: More and more people are using technology by the percentage so it goes up often
This is the option out of all that make sense, and i just took the test and it is correct.
Answer: D. marginal product; increasing; average variable cost; decreasing
Explanation:
The Marginal product curve is hump-shaped and the marginal cost curve is U-shaped because these two move in opposite directions to each other.
If the marginal cost is decreasing therefore, the marginal product must be increasing. If the marginal cost is decreasing and the marginal product is increasing, average variable cost will have to fall because every additional unit produced incurs less cost so the average has to fall as well.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The Nelson Company's radio division currently is purchasing transistors from the Charlotte Co. for $3.50 each. The total number of transistors needed is 8,000 per month. Nelson Company's electronics division can produce the transistors for a cost of $4.00 each and they have plenty of capacity to manufacture the units. The $4 is made up of $3.25 in variable costs, and $0.75 in allocated fixed costs.
Because there is unused capacity, we will not have into account the fixed costs.
Unitary cost= $3.25
It is more convenient to produce in house. The indifference price is $3.50.
