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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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If you can invest $1,000 today and it will grow to be worth $1,350 over the next 6 years, what is the compound annual return you
Roman55 [17]

Answer:

5.13%

Explanation:

Given:

Worth of investment today (PV) = $1,000

Investment worth after 6 years (FV) = $1,350

Time period of investment (nper) = 6 Years

It is required to compute annual return (RATE). This can be computed using spreadsheet function =RATE(nper,-PV,FV).

Substituting the values, we get =RATE(6,-1000,1350)

                                                      = 5.13%

Present value is negative as it is a cash outflow.

Therefore, annual return is computes as 5.13%.

3 0
3 years ago
Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
Nataly_w [17]
Suppose GetThere Airlines increases their ticket price to $200+10n = 10(20+n)$ dollars. Then the number of tickets they sell is $40,000-1000n = 1000(40-n)$ .<span> Therefore, their total revenue is
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$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$

This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ .<span> Therefore, they should charge </span><span>$200+10\cdot 10 = \boxed{300}$</span><span> dollars per ticket.</span>
6 0
3 years ago
Providing incentives for customers to learn more about your service is known as
Advocard [28]
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3 0
3 years ago
Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5
Burka [1]

Answer:

$10.00

Explanation:

Calculation to determine The selling price that would maintain the same contribution margin ratio as last year is

Based on the information given since variable cost increased by one-third (1/3) which means that the selling price amount has to as well increase by the same one-third (1/3) in order to maintain the same contribution margin ratio as last year.

Hence:

Selling price =$7.50+(1/3*$7.50)

Selling price=$7.50+$2.50

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Therefore The selling price that would maintain the same contribution margin ratio as last year is $10.00

7 0
3 years ago
Which of the following statements is true?
Kaylis [27]

Answer:A

A college may withdraws offer of acceptance if it finds out you have a lied on your application

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4 0
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