Answer:
a. an increase in output and an increase in the price level.
Explanation:
If Aggregate Demand increases, this will result in an increase in output and an increase in the price because short run <u>aggregate demand measures total output for a single nominal price level</u>
<u>In the long-run, increases in aggregate demand cause the price of a good or service to increase. When the demand increases the aggregate demand curve shifts to the right. </u>
<u>Also, increased demand for a product in the long run will lead to increased output being supplied.</u>
The aggregate supply determines <u>the extent to which the aggregate demand increases the output and prices of a good or service.
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Hello,
The answer to this question would be A.<span> falls, and people desire to hold more money.
I really hope this helps, Have an awesome day! :)</span>
Answer:
D
Explanation:
it has it's own distinguishing characteristics ....Form used to record the cost chargeable to a specific job and to determine the total and unit cost of the completed job
STEP-4 that is Analyzing Competitors Costs , Price and Offers is the most appropriate stage.
Explanation:
As Kara Trace would initially set up its own :-
1. Pricing Objective
2.Understanding the Demand
3.Estimating the costs
In the next step would be to understand the competitors cost and profit margins. Also to understand the pricing strategy that can be
1. Premium Pricing
2. Penetrating Pricing
3. Skimming Pricing
4. Dynamic Pricing
5. Value Based Pricing