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nekit [7.7K]
3 years ago
8

When the aggregate supply curve is vertical, which of the following is not true? Group of answer choices The economy is producin

g the maximum sustainable level of output. Any increase in the price level will not cause an increase in aggregate output. The economy is expanding quickly. The economy is at capacity.
Business
1 answer:
Anni [7]3 years ago
8 0

Answer:

The economy is expanding quickly.

Explanation:

Aggregate supply is a measure of the total supply of goods and services made available by the supplier in an economy.

The normal aggregate supply curve is one with a positive slope. That is as price increases there is an increase in aggregate supply, and when price reduces aggregate supply also reduces.

However when aggregate supply curve is vertical, only one level of output is produced no matter the rise or fall of price.

This indicates that the economy is producing at capacity, and any increase in price will not result in increase in output.

It does not mean that the economy is expanding quickly.

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One of your employees has performed well this year. At performance appraisal time, she asks you about how raise and bonus amount
mr Goodwill [35]

Answer:

The best method of distributing the resources is Equity.

Explanation:

Under the equity method of distribution, the resources are paid on the basis of their performance. This method focuses on the performance of the employees. More the hard work more will be the bonus. It is a fair method of distribution of resources.

5 0
3 years ago
Broward Corp. owns 1,500 shares of Silver Fox Corporation common stock. Broward Corp. purchased the 1,500 shares on April 17,200
Alborosie

Answer:

Disallowed loss = 1428.57

Explanation:

given data

                   Units      total cost

17 Apr, 09           1500   20000

8 Dec, 14             -750   -5000

2 Jan, 15              250    1750

2 Jan, 15                50    1000

solution

we get  here Broward  realized and recognized loss that is

The loss or gain on sale         (5000 - 20000 ÷ 2)    -5000

Allowed loss                          (750 ÷ 1050) × 5000     3571.43

Disallowed loss                                                             1428.57

6 0
3 years ago
How does an increase in bad debt affect a sole trader financial statement
Kamila [148]

Answer:

It will increase expense, thereby reducing the profit mentioned in the income statement and decrease the current asset (debtor) recorded in the balance sheet.

Explanation:

Bad Debt is an expense that is recorded when it is expected that the customer, who owes a debt to the business, might default in clearing their dues.

As such when the bad debt amount is increased it will result in a rise in expense and therefore the profit, as stated in the profit and loss (income statement) of the sole trader would decrease.

Moreover, it will also decrease the value of trade receivables (current assets) mentioned in the balance sheet. The following entry would be recorded:

Bad Debts (Dr) xxxxx

Trade Receivables (Cr) xxxxxx

Hence, the expenses will increase while the current asset will decrease.

7 0
3 years ago
In a small business that is seeking to innovate in its products and services as well as its internal processes, a manager is mor
erastova [34]

Answer:

Nonprofit companies as the name implies are those that work through donations made by certain entities. If it is known that a non-profit company does not know how to manage its resources, then these entities or individuals who want to make donations for the cause, will not do so because the idea is that the purpose of the association is fulfilled.

For example if a company donates medical equipment to a hospital and instead of medical equipment they buy a car then we would be saying that they would not be taking advantage of resources

4 0
3 years ago
Read 2 more answers
When a company views and organizes its marketing activities from only the consumer's point of view, it is practicing societal ma
never [62]

Answer:

False.

Explanation:

Soceital marketing is the concept that marketing should not only consider the consumer's need for satisfaction and the companie's goal of maximising profit, but also societie's long term goals.

Soceital marketing is concerned with companies identifying the wants and needs of particular target maket, and providing products in such a way that the target market is satisfied. The well-being of the consumer and society at large is enhanced.

8 0
3 years ago
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