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Katena32 [7]
3 years ago
8

An economic contraction caused by a shift in aggregate demand causes prices to a. rise in the short run, and rise even more in t

he long run. b. rise in the short run, and fall back to their original level in the long run. c. fall in the short run, and fall even more in the long run. d. fall in the short run, and rise back to their original level in the long run.

Business
1 answer:
raketka [301]3 years ago
3 0

Answer:

c. fall in the short run, and fall even more in the long run.

Explanation:

The aggregate demand shifts to the left in recession or contractions, in consequence the level of prices falls. For this analysis we consider the shor-run supply curve with a positive slop.

As we know, the economy in the long run tends to equilibrium, where the the production level is fixed and equal to the potential of production of the economy. The initial reduction of prices incentives the consumption in the long run, stabilizing with the long run quantites in a minor level of prices.

In the attached image you can observe the process described previously.

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Answer:

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Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If the price of the ticket is reduced, the quantity demanded would increase

If on the other hand, prices are increased, the quantity demanded would reduce.

3 0
3 years ago
What does an organization use to manage its operations across several industries and several markets simultaneously? a. Tactical
Papessa [141]

The strategy an organization employs to manage its operations across several industries and several markets simultaneously is called Corporate-level strategy.

<h3>What is the Corporate-level strategy?</h3>

A corporate-level strategy is a decision made to achieve a competitive and strategic advantage by selecting and managing a diverse set of firms that compete in a variety of sectors or product marketplaces.

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The three levels of strategy utilized in a business organization are:

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Therefore, we can conclude that the Corporate-level strategy is the strategy that an organization employs to manage its operations across several industries.

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5 0
3 years ago
During which phase does an employee returning from a foreign assignment experience culture shock in reverse?
weeeeeb [17]
The correct answer is repatriation. 
A person who has been sent to work in another country might have a hard time adjusting to his original country once he or she returns. This is because you assimilate into that new culture, and when you go home, you have to readjust again in order to assimilate back into your former culture.
8 0
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What impact did these programs have on the people you met on the virtual field trip?
Darya [45]
Wassup wryd and more information plz
7 0
3 years ago
47.Acme Company has authorized 100,000 shares of common stock, of which 75,000 shares were originally issued. As of December 31,
kkurt [141]

Answer:

Number of shares outstanding on December 31, 20X1:

Number of shares issued                     75,000 shares

Less: Number of shares repurchased <u>5,000</u> shares

Number of shares outstanding           <u>70,000</u> shares

Explanation:

The number of shares outstanding on December 31, 20X1 is the difference between the number of shares issued and the number of shares repurchased by the company and held as treasury stock.

4 0
3 years ago
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