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Assoli18 [71]
4 years ago
9

In the short run, the quantity of output that firms supply can deviate from the natural level of output if the ___________ level

in the economy deviates from the expected price level. Several theories explain how this might happen.
For example, the ___________ asserts that output prices adjust more quickly to changes in the price level than wages do, in part because of long-term wage contracts. Suppose a firm signs a contract agreeing to pay its workers $15 per hour for the next year, based on an expected price level of 100 Year.
Business
1 answer:
Zielflug [23.3K]4 years ago
4 0

Answer:

1.  Actual Price

2.  Misperceptions theory.

Explanation:

In the short run, the quantity of output that firms supply can deviate from the natural level of output if the ACTUAL PRICE level in the economy deviates from the expected price level. Several theories explain how this might happen.

For example, the MISPERCEPTIONS THEORY asserts that output prices adjust more quickly to changes in the price level than wages do, in part because of long-term wage contracts. Suppose a firm signs a contract agreeing to pay its workers $15 per hour for the next year, based on an expected price level of 100 Year.

The above explanations is the reason why the aggregate supply curve slopes upward in the short run

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Which potential biological food safety hazard does smoking in food storage and prep areas cause?
nordsb [41]

Answer:

Which potential biological food safety hazard does smoking in food storage and prep areas cause?

Biological food safety hazards are enormous, food contamination on storage food materials can lead to food borne diseases as a result of contamination caused by micro-organisms ranges from bacteria, parasites among others.

Smoking could leave residue on food materials on storage, hence; increases the moisture content which enhances micro-organism growth and enables the food spoilage.

Explanation:

6 0
4 years ago
You would like to combine a risky stock with a beta of 1.5 with U.S. Treasury bills in such a way that the risk level of the por
astra-53 [7]

Answer:

66.67 %

Explanation:

The computation of the percentage of the portfolio should be invested in Treasury bills is shown below:-

Let us assume beta be x

So the equation would be

Percentage of portfolio = x × (Beta of stock) + (1 - x) × (Beta of T - Bills) - 1

= x × (1.5) + (1 - x) × (Beta of T - Bills) - 1

1.5x + (1 - x) × (Beta of T - Bills) - 1

1.5x + 0 = 1

x = 1 ÷ 1.5

= 0.67

or

= 66.67%

7 0
4 years ago
Serena Corporation uses estimated manufacturing overhead costs of​ $880,600 and estimated direct labor hours of​ 200,000 in esta
Deffense [45]

Answer:

the actual hours were 229,866

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

the predetermined overhead rate will be the quotient between the expected overhead and the expected value of the cost driver.

880,600 / 200,000 = 4.403

If we allocated 1,012,100

then actual hours x 4.403 = 1,012,100

actual hours = 1,012,100 / 4.403 = 229.866,000

the actual hours were 229,866

7 0
3 years ago
Read 2 more answers
A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares
Norma-Jean [14]

Answer:

The total amount of the cash dividend is $7,125

Explanation:

The Dividend is declared to pay all the outstanding shares in the market. Sometime the company has some treasury shares in the stocks which is deducted from the total issued shares to find the outstanding shares. In this case, the issued shares and the outstanding numbers of shares are different.

Treasury shares are those shares that are bought back by the company that issued the shares.

Use the following formula to calculate the cash dividend

Cash Dividend = Numbers of outstanding shares x Dividend rate

Where

Numbers of outstanding shares = 9,500 shares

Dividend rate = $0.75 per share

Placing values in the formula

Cash Dividend = 9,500 x $0.75 per share

Cash Dividend = $7,125

3 0
3 years ago
In your opinion, do we need to use a structured decision making model to make decisions in business.
dolphi86 [110]

Answer:

Decision-making models can help you create successful solutions even with limitations like short time or little information. It's useful to understand the details of various decision-making models when trying to choose the best one for your team and situation.So,we need to use a structured decision making model to make decisions in business.

5 0
3 years ago
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