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3 years ago

Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply.

Business

1 answer:

krek1111 [17]3 years ago

6 0

Answer:

1) A higher price level decreases the real value of consumers' assets.

2) A lower price level makes domestically produced goods less expensive than foreign goods.

Explanation:

The aggregate demand curve represents the number of demands of the goods and services at various price levels. The downward sloping of the demand curve indicates that with the dropping of the price level of a commodity, the demand increases. At the same time, the national income increases as the result of the dropping of the price. There are three reasons why the aggregate demand curve is downward sloping. The reasons are wealth effect, interest-rate effect, and net exports effect.

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Which of these may be integrated with an electronic stability control (ESC) system

gulaghasi [49]

Answer:

ESC also integrates all-speed traction control, which senses drive-wheel slip under acceleration and individually brakes the slipping wheel or wheels, and/or reduces excess engine power, until control is regained.

Explanation:

(you never said the answer choices)

8 0

2 years ago

Suppose that when disposable income decreases by $2,000, consumption spending increases by $1500. Given this information, we kno

sdas [7]

Answer:

the marginal propensity to consume is 0.75

Explanation:

The computation of the marginal propensity to consume is shown below:

MPC = Change in consumption ÷Change in disposable income

where,

The Change in consumption is 1500

ANd, the Change in disposable income is 2000

So,

MPC is

= $1,500 ÷ $2,000

= 0.75

hence, the marginal propensity to consume is 0.75

4 0

3 years ago

Khaling Company sold 26,850 units last year at $15.80 each. Variable cost was $11.70, and total fixed cost was $116,440. Require

MatroZZZ [7]

Answer:

1.Operating Income (loss) (2122)

2. Break even point in units = 28126

3. Required Sales in Units=30899

Explanation:

Khaling Company

Income Statement

Sales (26,850units* $ 15.84) $ 425304

Less

Variable Costs ( $11.70* 26580 units) $ 31,0986

Contribution Margin 114,318

Less Fixed Costs $116,440

Operating Income (loss) (2122)

2. Break even point in units = Fixed Costs/ Contribution Margin Per unit

= $116,440/$ 15.84-$11.70

=$116,440/ 4.14

= 28,125.6= 28126 units

<em>We find the Contribution Margin Per unit by subtracting variable cost per unit from sales price per unit.</em>

3. Required Sales in Units = Fixed Costs + Targeted Income/ Contribution Margin Per unit

=$116,440 +$11,480 /$ 15.84-$11.70

= 127920/4.14= 30898.5= 30899 units

6 0

2 years ago

Aztic Inc., a manufacturer of sports goods, plans to expand its operations to various other countries. During market research, i

RSB [31]

Answer: demographic makeup

Explanation: Demographics is a population analysis based on criteria like age, ethnicity, and gender. Demographic data relates to systematically articulated social economic-economic statistics, including jobs, schooling, wages, marriage rates, rates of births and deaths, and much more.

Governments, companies, and NGOs use surveys to learn much more about the dynamics of a community for many reasons, including policy development and research on the economic market. Demographic information is collected to create a profile for the client base of the company for company's marketing objectives.

Thus, from the above we can conclude that the given case depicts demographic makeup.

8 0

3 years ago

The Hays company is a regional soda company in the Midwest. It started out making a handful of sodas like cola, diet-cola, orang

valina [46]

Answer:

Competition and consumer trends

Explanation:

The Hays company makes a variety of products including sodas like cola, diet-cola, orange soda. Initially it had less competition, but more companies have entered the market.

Due to increased competition the Hays company will need to develop strategies to gain competitive advantage and by extension market in the more competitive market.

Also consumer trends is nowoving towards speciality sodas. The company will need to reduce the variety of sodas they produce and specialise in the product the consumers prefer.

8 0

2 years ago