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alukav5142 [94]
3 years ago
10

Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate

which curve is involved and the direction of the change. As a result of an increase in the value of the dollar relative to other currencies, American producers pay less in dollar terms for foreign steel, a major commodity used in production. This will cause a the aggregate curve to the .

Business
1 answer:
Vaselesa [24]3 years ago
4 0

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

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Tom produces commemorative t-shirts in a competitive market. if tom decides to decrease his output, this will
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In a competitive market, a large number of producers compete with each other to satisfy the needs of their consumers. In here, no one or group of producers can dictate the price.  <span>They have only one major decision to make—and that is, what quantity to produce.  Therefore, when Tom decided to produce commemorative t-shirts, and decrease his output, This decision did not increase his revenue, since did not lead to higher market price nor the competitors will decrease their output. </span><span> The answer is C. decrease his revenue, for price remains the same.</span>

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3 years ago
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Based on the Capital Asset Pricing Model assuming the securities are correctly priced and given the following information, what
Savatey [412]

Th return on the market is 0.08.

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According to the capital asset pricing model, the expected return of an asset is a function of the risk free rate, beta and return on the market.

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0.087 = a + 0.74b

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0.072 = 0.89b

b = 0.072 / 0.89

b = 0.08

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Lisa has a credit card with a limit of $3,000. This means that
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Lisa has a credit card with a limit means :

Your credit score usage price — the amount of revolving credit you're presently using divided by means of the whole amount of revolving credit score you have to be had — is one of the most critical factors that influence your credit score scores. So it is a terrific idea to try to maintain it beneath 30%, which is what is commonly encouraged.

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7 0
2 years ago
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Rene would like to explore a career that would allow her to work with customers or clients. Which two of the following careers a
Ganezh [65]
Rene will likely be into a sales clerk and/or banker. Sales clerk is advertising for a product(s) on the way she'll get customer feedback to improve product(s) for customer satisfaction.
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PLZ HELP: FIND THE PROFIT
brilliants [131]

Answer:

Net loss -£25,250

Explanation:

The computation of the profit is shown below:

Sales (750 units × £26) £19,500

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= £25

Basically applied the above format

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