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3 years ago

The recession of 2007minus 2009 began in , with the end of the economic expansion that had begun in .

1 answer:

4 0

<span>The recession of 2007minus 2009 began in December 2007, with the end of the economic expansion that had begun in November 2001. The employment decline experienced during the December 2007 June 2009 recession was greater than that of any recession of recent decades. 47 months after the start of the most recent recession (November 2011), employment was still over 4 percent lower than when the recession began.</span>

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If a firm in a monopolistically competitive market lowers price, then Use letters in alphabetical order to select options

Valentin [98]

Answer: quantity demanded for the good will increase (D)

Explanation:

Monopolistic competition is an imperfect competition where there are many producers that sell products that are differentiated from each another e.g through quality or branding.

In a monopolistic competitive market, firms maximizes profits when marginal revenue equals to the marginal cost. The demand curve of a monopolistic competitive market is downward sloping which means that as price reduces, the quantity demanded for the good will increase.

3 0

3 years ago

Read 2 more answers

In periods of rising prices, what will lifo produce?.

Mrrafil [7]

Answer:

LIFO. usually results in a balance sheet valuation of inventory farthest away from its economic value. LIFO. would result in the highest after-tax cash flow in periods of rising prices and non-decreasing levels of inventory.

smort doggo is off to another question

3 0

2 years ago

We discussed the invasions of the Roman world by various Germanic tribes in the fifth century and the Arab-Islamic conquests of

EleoNora [17]

Answer:

The invaders were able to govern the more advanced civilizations because they adopted most of the conquered civilizations' customs, rules of governance, and even languages and religion.

For example, in the case of the Germanic tribes that conquered the Western Roman Empire, the rulers adopted, one by one, the religion of the Roman Empire: Christianity, more specifically, the Roman Catholic variant.

They also began to use the language of the Empire: Latin, for ecclessiastical and political matters, and while political institutions did change a lot, some of the political institutions of the Empire did survive in the sucessor states that the Germanic rulers carved out of the Roman territory.

7 0

3 years ago

At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha

valkas [14]

Answer:

2.5

Explanation:

P1=$200

P2=$300

S1=100000

S2=300000

The percentage change in price is:

$\Delta P =\frac{300-200}{\frac{200+300}{2}}=0.4=40\%$

The percentage change in supply is:

$\Delta S =\frac{300000-100000}{\frac{100000+300000}{2}}=1=100\%$

The price elasticity of supply is given by:

$E=\frac{\Delta S}{\Delta P}=\frac{100\%}{40\%}=2.5$

The price elasticity of supply is 2.5.

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3 years ago

True or false?

valentina_108 [34]

True total utility always decreases when marginal utility is present

6 0

3 years ago

The recession of 2007minus 2009 began in​ ________, with the end of the economic expansion that had begun in​ ________.

The recession of 2007minus 2009 began in , with the end of the economic expansion that had begun in .