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jarptica [38.1K]
3 years ago
6

The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when​ _____. A. the

price and cost are equal B. each​ firm's plant and the number of firms remain the same C. each firm minimizes its loss D. each​ firm's plant exceed the number of firms
Business
2 answers:
boyakko [2]3 years ago
8 0

Answer:

The correct option is B

Explanation:

The short-run supply curve is the curve which shows or represent the  marginal cost curve portion and that lies or stated above the average variable cost curve.

And when the prices of market increases, then the firm or organization will supply more of its products as per the law of supply.

So, the short-run supply curve represents the supplied quantity through all the firms in the market at each price but when every firm will plant and the number of firms will remain the same.

tino4ka555 [31]3 years ago
4 0

Answer:

B. each​ firm's plant and the number of firms remain the same.

Explanation:

The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when​ <u>each​ firm's plant and the number of firms remain the same.</u>

Short-run supply curve shows the quantity supplied by all the firms in the market at each price when​ each firm's plant and the number of firms remain the same . It is a part of marginal cost curve, which is above average variable cost curve and we know once the price of goods rises, supply will increase to maximize profit by supplier. The market supply curve is derived from the individuals curves .

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If a Phillips curve shows that unemployment is high and inflation is low in the economy, then that economy:
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Answer:

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Explanation:

When the unemployment is high it is obvious that the economy is under its potential level but there is inflation case so we need to know the meaning of Philips Curve. The aggregate demand and aggregate supply model provides a simple summary of the possible outcomes proposed by the Phillips curve. The Phillips curve shows the combination of inflation and unemployment arising when the economy of the aggregate demand curve in the short run shifts along the short-term aggregate supply curve. Increased demand for goods and services will lead to higher prices in the short term and increased output of goods and services. Increasing output means increasing employment and lowering unemployment. In addition, the higher the rate this year, the higher the rate of inflation, no matter what the price level is in the past. Thus, the change in aggregate demand leads to short-term changes in inflation and unemployment rates, which is consistent with the dependence described in the Phillips curve. Monetary and fiscal policy tools are used to influence the aggregate demand curve, that is, to move the economy along the Phillips curve. Increasing money supply, government spending, or tax cuts move the aggregate demand curve to the right and drives the economy to a point where the Phillips curve corresponds to lower unemployment and higher inflation. Reducing money supply, government spending, or raising taxes will push the aggregate demand curve to the left, while the economy shifts to the point where Phillips curves with lower inflation and higher unemployment. In this sense, the Phillips curve offers policymakers a set of combinations of inflation and unemployment.

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Cost-volume-profit analysis is refered to as the predictive tool that can be used for the determination of the profit consequences of the price changes, future cost changes, price and the volume of the activity changes.

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No, it will not be classified on cash flow statement.

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Final Answer

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