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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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Suppose a firm that makes appliances merges with a company that produces running shoes, and it later also buys a dairy. what is
PolarNik [594]

This combination is called CONGLOMERATE MERGER. A conglomerate merger is the unification between firms or companies that are involved in business activities that are no way related to each other. The two types of conglomerate merger are PURE AND MIXED. Pure conglomerate involves companies with nothing in similarity. Whereas for mixed conglomerate, it involves companies that are looking for product or market extensions. 

 

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6 0
3 years ago
Jill has recently begun working at a local florist. In addition to creating floral arrangements, Jill spends a good deal of her
Salsk061 [2.6K]

Answer: See explanation

Explanation:

1. What type of fraud is Jill committing?

The fraud that Jill is committing is known as theft of cash through fraudulent disbursements. In this case, Jill is using a register disbursement scheme which involves false voids of customer sales. During the time of sale, a record is made and another record is then created again which is used for the false void.

2. What could the florist do to prevent this type of fraud from occurring?

To prevent this fraud, a receipt should be attached and the florist should make sure that every vital information about all sales are collected such as customers name, time, amount of goods bought, signature and f customers etc

8 0
2 years ago
Which annual financial statement tells what has been earned, what has been spent, and what is left over?
gizmo_the_mogwai [7]

Answer:

Income statement

Explanation:

8 0
3 years ago
If the marginal cost of production is greater than the average cost, in what direction must the average cost be changing, if any
ziro4ka [17]

Answer:

b) The average cost must be rising.

Explanation:

Assuming that the entity produce 4 units and its total cost is $16 so average cost per unit is $4 and  now the same entity has produced the 5th unit at $5 so the average cost now per unit is (16+5)/5=$4.2

So based on the above discussion, it can be concluded that average cost increase when the marginal cost of production is increased.

So the answer is b) The average cost must be rising.

6 0
3 years ago
The percentage of a market which actually buys a specific product from a specific company is referred to as that product's a. ma
lana [24]

Answer:

The correct answer is letter "A": market share.

Explanation:

Market share is calculated by taking a company's sales over a period and dividing it by the total sales of the industry over the same period. This measure is used to give the business and its rivals a general idea of the size of the company regarding its overall sector.

5 0
3 years ago
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