A factor held constant to test the relative impact of the independent variable is known as a:

The aggregate demand curve shows the relationship between inflation the price level the money supply interest rates and producti

victus00 [196]

Answer:

The correct answer is option a.

Explanation:

The aggregate demand curve shows the demand for goods and services by the economy as a whole. It comprises of consumption expenditure, government expenditure, investment expenditure, and net exports.

The aggregate demand curve in the short run is downward sloping because an increase in the price level reduces the real money holdings. It reduces purchasing power. So the amount of expenditures gets reduced as well.

3 0

2 years ago

g Suppose that if GSI drops the price on the Glucoscan 3000 immediately, it can increase sales over the next year by 30% to 130,

Amanda [17]

Complete Question:

Glucose Scan Incorporated (GSI) currently sells its latest glucose monitor, the Glucoscan 3000, to diabetic patients for $129. GSI is considering lowering the sale price to $99 per unit. The cost of goods sold for each Glucoscan unit is $50, and GSI expects to sell 100,000 units over the next year. The marginal corporate tax rate is 40%. Suppose that if GSI drops the price on the Glucoscan 3000 to $99 immediately, it can increase sales over the next year by 30% to 130,000 units.

Also suppose that for each Glucoscan monitor sold, GSI expects additional sales of $100 per year on glucose testing strips and these strips have a gross profit margin of 75%. These strip sales occur on all monitor sales regardless of the price of the monitor. Including the increase in the sale of testing strips, the incremental impact of this price drop on the firms EBIT is closest to:

Answer:

$720,000

Explanation:

Incremental Earnings Before Interest and Tax Analysis

Details Current price Reduced price

Units Sold 100,000 130,000

Unit sales price 129 99

Sales Revenue $12,900,000 $12,870,000

Cost of Goods sold at $50 5,000,000 $6,500,000

Gross Profit $7,900,000 $6,370,000

G. Profit on Strips sold at $75 $7,500,000 $9,750,000

Total Gross Profit for the year $15,400,000 $16,120,000

The Net benefit of this price change is increase of Earnings before interest and tax by $720,000.

3 0

2 years ago

Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in thi

jonny [76]

Answer:

14 Months

Explanation:

Last year’s sales = $163,508,343

As per the given data next year sales is increased by 3.0%.

= 0.03 * $163,508,343 = $4,905,250.29 ~= $4,905,250

Revenue added to the bottom line = 34.1% of increased demand

= 0.341 * $4,905,250 = $1,672,690.25~= $1,672,690

TQM investment = $2,000,000

Payback = (Investment in TQM / Revenue added to the bottom line) * 12

= ($2,000,000 / $1,672,690) * 12 = 14.34 ~= 14 Months

Hope this helps!

8 0

2 years ago

Robert and Jenny are coworkers who enjoy flirting with each other while at work. They both view their actions as harmless fun, a

WINSTONCH [101]

Answer:

The correct answer is letter "A": True.

Explanation:

Sexual harassment in the work field does not only involve the fact of one individual chasing another for sexual purposes. It also implies any other set of intimacy activities that can bother others at work such as couples flirting. Most jobs, do not allow sentimental relationships within the work-frame. Some even fire employees found in relationships at work.

Thus, if one of Jenny and Robert's coworkers feel uncomfortable for their flirting, they can be guilty of sexual harassment.

4 0

3 years ago

Penguin Island produces two goods: ice and genetically engineered fish. Due to recent technological advances, its economy has ex

Vadim26 [7]

Answer:

1. Point on x-axis will increase and so will the point on the y-axis

2. All of the above

Explanation:

1. The Production Possibilities Frontier shows the amount of resources needed to produce different quantities of two goods. It therefore allows one to see the trade-off in resources for producing more of one good vs the other.

When a factor of production leads to more efficiency in the production of a good, the frontier will increase. In this scenario, there has been a growth in technology which means that more of both goods can be produced. This will increase the PPF on both axis. (Refer to attached file).

2. All of the listed options have led to increases in the standard of living in the last century. More education means people can get better jobs and build more infrastructure. International trade has increased market access and increased wealth. Farm productivity is better so more people can be fed and improvement in technology is the main driver for growth.

4 0

2 years ago