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photoshop1234 [79]
3 years ago
13

In the neoclassical model, which is the most accurate explanation for the information depicted in the aggregate demand curve? As

sume that the aggregate demand curve is not changing
a) An increase in RGDP consumed leads to a higher price level.
b) An increase in RGDP consumed leads to a lower price level.
c) An increase in the price level leads to more RGDP consumed.
d) An increase in the price level leads to less RGDP consumed.
Business
1 answer:
pychu [463]3 years ago
5 0

Answer:

a) An increase in RGDP consumed leads to a higher price level.

Explanation:

RGDP will increase: When AD shifts right means, demand increases more and economy is performing past its potential and therefore, the production would increase leading to increase in real GDP(RGDP)

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Cost is most plainly visible when spending more money on one thing means that less money can be spent on another thing. True or
SSSSS [86.1K]

The given statement about cost is a true statement as cost becomes most obvious when more money must be spent on one thing, leaving less available for another.

<h3>What is the cost?</h3>

A cost is often the value of the money that was expended during the production or delivery of something or service and is now unavailable for use.

Manufacturing, research, retail, and accountancy all make use of this idea. In business transactions, the cost may be an acquisition cost, in which case the amount of money spent to acquire it is considered to be part of the cost.

Finally, cost becomes most apparent when more money spent on one thing leaves less money for another. This corresponds to a true statement.

As a result, opportunity cost describes a decision we must make in order to make another one.

You have $50, for instance, which you may spend on a date with your partner or on your preferred game. The inability to purchase the game is your opportunity cost if you decide to utilize that money to take your partner out on a date.

Check out the link below to learn more about costs;

brainly.com/question/28343978

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6 0
1 year 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
3 years ago
using pricing, a company initially charges a low price, both to discourage competition and to grab a sizeable share of the marke
OleMash [197]

Using penetration pricing, a company initially charges a low price, both to discourage competition and to grab a sizeable share of the market.

In order to attract customers, the penetration pricing approach entails launching a new good or service at a cheap price. Gaining market share and aggressively attracting clients through low costs are the objectives. In a pricing strategy known as penetration pricing, a product's price is first set very low to quickly reach a large portion of the market and spread word of mouth. The tactic relies on the notion that consumers will transfer to the new brand as a result of the price reduction.

When companies launch a low price for a brand-new good or service, this is known as penetration pricing. Competitors are compelled to match the offer or immediately implement alternative techniques since the first price undercuts it. Customers of rivals could switch to the less expensive product.

Learn more about penetration pricing here: brainly.com/question/3521758

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5 0
1 year ago
Which of these is a pro of being a wage earner? A. You usually do not get to choose which projects you work on. B. You have a de
gregori [183]

Answer:

The correct answer is letter "C": You are usually not in charge.

Explanation:

Wage-earners are the people who live mainly thanks to the salary they receive. Under this category fall low-range workers whose base income is their source of income. Hardly ever low-range employees are assigned major tasks since they are subordinates, so the success or failure of a project does not rely directly on them since they are not the ones in charge.

3 0
3 years ago
Read 2 more answers
According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the _
gulaghasi [49]

Answer:

transaction costs is your answer

Explanation:

3 0
2 years ago
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