The equilibrium level of consumption is $28500.
The equilibrium level of consumption is at the point where the disposable income is equal to the consumption.
If this was properly placed in a tabular form, we would clearly see that when the disposable income was at $28500, the consumption in dollars was also at the same price level.
Given this condition, we can conclude in economics that consumption is at its level of equilibrium.
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Answer:
Being productive means to be able to get more things done in a period of time and six suggestions to ensure that your telephone calls on the job are productive are:
-Plan an agenda to handle the call to know what you need to discuss.
-Have a clear goal to accomplish with the call to avoid discussing things that are not relevant to this.
-Avoid small talk that can take a lot of time and doesn't allow to get to the point.
-Limit the duration of the call to get people to focus on the important things.
-Summarize the points of the call to make sure that everyone is on the same page.
-End the call when the goal that was set has been accomplished.
If the marginal cost curve lies below the average cost curve then as output increases, <u>average total cost </u><u>is </u><u>decreasing. </u>
<h3>What is marginal cost?</h3>
- It shows the cost of producing an additional unit.
When this measure is decreasing, it means that every time another unit is produced, less cost is incurred. This will lead to average total cost falling because there is less cost but more output.
Find out more on marginal cost at brainly.com/question/10830860.
1:People have too much money, and there is a danger of inflation. - <span>B contractionary fiscal policy
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2:The GDP has fallen to an all-time low, and there is low demand for most goods. - </span><span>D:expansionary fiscal policy
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3:Few farmers produce cotton because profits are at the equilibrium price. - </span><span>A:price floor
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4:Prices of staple foods have shot up because of shortages after an earthquake. - </span>C:price ceiling
Answer:
Damage to the tree as well as to mailbox will be covered under the John' s property damage coverage whereas the damage to the truck will be covered under the Collision coverage section.
Explanation:
Property damage coverage is the liability coverage which is a part of a car insurance policy. It pays to the repair, damage the person cause to another person's property. In this case, it pays for the mailbox and trees damage.
Collision coverage or insurance is a coverage that pays to repair or replace the car which got damaged in an accident. In this case, the truck damage will be covered under this.
