1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AnnZ [28]
2 years ago
15

In our aggregate expenditure model we assume that:

Business
1 answer:
maria [59]2 years ago
7 0

Answer:

The correct answer is regarding the model, is that an individual firms prices are flexible but the level of the price is fixed.

Explanation:

The aggregate expenditure model is the model in which the sum or total of all the expenditures are undertaken in the economy with the factors during the particular time period.

The equation is:

AE = C (Consumption) + I (Investment) + G (Government) + NX (Net Exports)

In this model, it is assumed that the prices of the individual firm are flexible whereas the price level is fixed.

You might be interested in
In this scenario, Frankie must consider whether making one choice will force him to give up another.
aksik [14]
Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.
5 0
3 years ago
Read 2 more answers
What is a hypothesis?
yanalaym [24]

The answer is B.

"A hypothesis (plural hypotheses) is a proposed explanation for a phenomenon. For a hypothesis to be a scientific hypothesis, the scientific method requires that one can test it. Scientists generally base scientific hypotheses on previous observations that cannot satisfactorily be explained with the available scientific theories. Even though the words "hypothesis" and "theory" are often used synonymously, a scientific hypothesis is not the same as a scientific theory. A working hypothesis is a provisionally accepted hypothesis proposed for further research, in a process beginning with an educated guess or thought."

"A hypothesis is an assumption, an idea that is proposed for the sake of argument so that it can be tested to see if it might be true."

7 0
3 years ago
As the product manager for Whirlpools line of washing machines you are in charge of pricing new products. Your product team has
Alex17521 [72]

Answer:

The management should adopt skimming pricing strategy.

Explanation:

For the fact that this is a new technology and very difficult to be copied, the management should adopt skimming pricing strategy. This will allow them to charge high prices and make money in the market before their competitors starts making the same kind of washing machine. This product has benefits for the consumers as well as it consumes less water to clean the clothes so there is high probability of this machine is accepted even if the prices are exorbitantly higher and from this, its going to be demanded by many costomers.

7 0
3 years ago
Read 2 more answers
A broad market index has an expected rate of return of 8% and a standard deviation of 40%. The T-bill rate is 1%. An investor ha
Black_prince [1.1K]

Find the below attachment

8 0
3 years ago
The amount by which the total benefits to consumers exceed their total expenditure is called _____, and if the price is b, is de
lesya692 [45]
The amount by which the total benefits to consumers exceed their total expenditure is called consumer surplus, and if the price is b, is depicted by the area <span>BCD</span>.


My response is based on this figure which I've attached. 

7 0
3 years ago
Other questions:
  • Inventory Valuation under Variable Costing Lane Company produced 50,000 units during its first year of operations and sold 47,30
    15·1 answer
  • Suppose the current level of output is 5000 and the elasticity of output with respect to capital is 0.4. A 10% increase in capit
    12·1 answer
  • Nicholas bought land from Meredith for $150,000. Nicholas paid $50,000 cash and gave Meredith an 8% note for $100,000. The note
    10·1 answer
  • Which of the following explains how can a yield curve be flat or downward sloping if a maturity risk premium exists? a. Investor
    10·1 answer
  • What is the name for the common currency of Europe?
    13·2 answers
  • TJX's handling of its serious data breach is consistent with which one of the following?a) Stakeholder theoryb) Stockholder theo
    12·1 answer
  • If a pizza hut raises the price of a slice of pizza from​ $3.00 to​ $3.25, the quantity demanded decreases from​ 1,500 slices pe
    9·1 answer
  • The largest source of federal revenue are ____ taxes.
    6·2 answers
  • On January 1, 2021, Wetick Optometrists leased diagnostic equipment from Southern Corp., which had purchased the equipment at a
    11·1 answer
  • A local chamber of commerce plans a seminar on ""the social responsibility of business in our community. "" what does the term r
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!