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4 years ago

A decrease in aggregate supply means:

Business

1 answer:

Ede4ka [16]4 years ago

7 0

Answer:

C. The real domestic output would decrease and the price level would rise.

Explanation:

as the As decreases, it will decrease the real output of the economy.

the decrease in the supply will lead to the deficit supply and increasing in the price level of the economy.

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A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mo

Marianna [84]

Answer: Third

Explanation:

Diminishing returns to labor refers to the phenomenon where every additional worker leads to an increase in production at a decreasing rate.

Using the scenario described, when there was only one employee the company could mow 4 lawns a day. They added a 2nd worker and that figure went to 9 lawns a day which is an increase of FIVE.

When they added a 3rd worker, the figure again went up but only to 12 which is an increase of THREE only as opposed to the last increase of FIVE.

After the third worker therefore, there was an increase but at a smaller rate.

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4 years ago

A firm has a return on equity of 20 percent. The total asset turnover is 2.8 and the profit margin is 7 percent. The total equit

kondor19780726 [428]

The net income of the firm is $1,200

<h3>What is net income?</h3>

Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes.

Net profit is also amount of money a business earns after deducting all operating, interest, and tax expenses over a given period of time.

First, we know that:

Return on equity

= Net income / Total equity

Fixing the given values, we'll have

20% = Net income / $6,000

Net income = $6,000 * 20%

Net income = $1,200

Therefore, net income of the firm is $1,200

Learn more about computation of net income here: brainly.com/question/24836146

4 0

2 years ago

Suppose a person's utility is only a function of their consumption of diet soda and they do not care which brand, diet coke (dc)

Lera25 [3.4K]

Answer: b). falls from a positive amount to another positive amount

Explanation: Given that diet coke and diet pepsi give the consumer equal level of satisfaction. Diet coke and diet pepsi are substitutes, since, the consumer does not care about consuming diet pepsi and diet coke. For substitute goods the consumer will buy the cheapest of the two. When pdc (price of diet coke) rises but it remains less than pdp(price of diet pepsi) then the consumption of dc will decrease but it will still be above the consumption of dp. Since it is still relatively less expensive than diet pepsi. So the consumer will buy diet coke than diet pepsi, which means consumption of diet coke, dc falls from one positive amount to another positive amount.

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3 years ago

Sydney has inherited her grandmother's estate worth approximately $4.5 million. She is worried about paying taxes on the estate

weeeeeb [17]

Answer:

She pays the inheritance tax , while the estate is responsible for the estate tax.

Explanation:

Inheritance tax is a form of tax that every beneficiary of an inherited estate must pay. Regardless of the situation and location of the inherited property , inheritance tax is calculated individually for different beneficiary.

The estate in which a particular property is located is responsible for the estate tax. This is calculated based on the value of the property and paid by the estate management for all properties within the estate before rents are remitted to the landlords.

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4 years ago

Read 2 more answers

Your Group has just been stranded in the wilderness in the middle of a snowstorm in mid-January. You are dressed for the winter,

Salsk061 [2.6K]

Answer:

You will need:

knife

Lighter

Rope

Map

Warm clothes

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3 years ago