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Kitty [74]
3 years ago
6

The long-run aggregate supply curve is vertical:

Business
1 answer:
IceJOKER [234]3 years ago
7 0

Answer: Option(c) is correct.

Explanation:

The long run aggregate supply(LRAS) curve is vertical as resource prices eventually rise and fall with product prices.

When there is an increase in the price level of the output, so in the long run this will also result in an increases in the prices of the factors of production.

Hence, aggregate supply curve in the long run is vertical.

Vertical LRAS also shows that whatever change happen in the aggregate demand has a temporary impact on the level of output. Factors such as capital, labor, technology impact the LRAS because it was assumed that everything is used optimally.    

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A financial analyst, assesses the likelihood of various possible future values of a stock price, assigns the following probabili
alina1380 [7]

Answer:

b. 48

Explanation:

The computation of the expected value of the future stock price is as follows;

= Respective future price × respective probabilities

= $40 × 0.5 + $50 × 0.3 + $65 × 0.2

= $20 + $15 + $13

= $48

hence, the  expected value of the future stock price is $48

Therefore the correct option is b.

The same is relevant

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3 years ago
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Answer:

6.25%

Explanation:

The formula for calculating interest rate is as follows

I= P x R x T

Where

I= interest,  P= principal amount, T is time

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$60.94 = $975 x( r/100) x 1

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8 0
2 years ago
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diamong [38]
The correct option is w1;q1.
<span>At the profit maximizing level of employment, the wage rate is W1 and the level of employment is Q1.</span>
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3 years ago
;-; What does this mean ;-;
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What does anything mean⇔
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