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Volgvan
3 years ago
7

Consider the different characteristics of the aggregate demand curve the statements below, determine which curve is being descri

bed and place the description into the proper bin. and the short-run aggregate supply curve. For each of Aggregate demand Short-run aggregate supply Answer Bank Real GDP that firms produce at various price levels Upward-sloping ls Upward-sloping Shifts when productivity changes Output of goods and services demanded at different price levels Downward-sloping Shifts when consumner wealth changes Shifts when the cost of oil changes significantly
Business
1 answer:
Sedaia [141]3 years ago
8 0

Answer:

Aggregate Demand:

4. Output of goods and services demanded at different price levels

5. Downward Sloping

6. Shifts when consumer wealth changes.

Aggregate demand or domestic final demand is the total demand for final goods and services in an economy at a given time.

Short run aggregate Supply::

1. Real GDP that firms produce at various price levels

2. Upward Sloping

3. Shifts when productivity changes

7. Shifts when the cost of oil changes significantly

The short-run aggregate supply curve is affected by production costs including taxes, subsides, price of labor (wages), and the price of raw materials.

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Answer:

marginal resource cost is equal to their MRP

Explanation:

A business's profit will maximize when its marginal resource cost equals its marginal revenue product.

Marginal revenue product calculated by multiplying the marginal physical product (MPP) times the marginal revenue (MR), e.g. an additional worker can produce 10 units and each unit costs $10, MRP = 10 x $10 = $100

Marginal resource cost is the cost of using an additional unit of input, e.g. cost of hiring an additional worker.

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3 years ago
Norman, a partner of Dalextiles, a garment wholesale firm, offers discounts to giant retail apparel stores if the quantity of pr
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D) The negotiator role

Explanation:

According to my research on the different types of roles and responsibilities in a business, I can say that based on the information provided within the question Norman exemplifies the negotiator role in this scenario. This is because he is responsible for persuading buyers to buy more while negotiating the price if they do buy more of their product.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago
Active trading in markets and competition among securities analysts helps ensure that: I. Security prices approach informational
Anika [276]

Answer:

The answer is: All the options are correct (I, II and III)

Explanation:

The larger the number of individuals (e.g. securities analysts, investors) who are informed about the price system of securities, the prices of securities will approach informational efficiency.

When the system approaches informational efficiency, you can determine which securities are riskier than others. Therefore you can price riskier securities so that they offer higher expected returns.

The other positive effect of informational efficacy is that investors can determine which securities are undervalued or overvalued.

8 0
3 years ago
Which government branch creates the federal tax law
wolverine [178]

The answer is Congress :)

4 0
2 years ago
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Consultants notified management of Goo Goo Baby Products that a crib toy poses a potential health hazard. Counsel indicates that
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Answer:

Income statement will have an increased expense of $4.8 million and Revenue and cost of goods sold will decrease. In balance sheet the inventory will be decreased by the amount of crib toy inventory available.

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Income Statement will show an expense of $4.8 million in this period as the cost of recall of inventory due to health hazard. Also sales and cost of goods sold will decrease by the amount of sales of crib toy in sales and by the amount of crib toys cost in cost of goods sold and will ultimately result in decrease in a gross profit of a company.

In the Balance Sheet the amount of Inventory will be decreased by the amount of crib toys available in stock.

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3 years ago
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