Answer:
The stick price theory helps to explain the upward sloping shape of the aggregate supply curve.
Explanation:
The price tends to be sticky for a number of reasons.
- Firms will need to incur menu costs if they constantly change prices
- Frequent change in prices may annoy the customers
- The wage rates remain the same even after change in price because the wages are based on contracts
The short-run aggregate supply curve is upward sloping because of the stickiness of price, there is a positive and direct relationship between output and price. Due to the high expected price level in the short run, the firms will expect the input prices to rise along with an increase in the product price.
To counter the increase in inputs price, the product price is kept high. The higher price provides motivation to produce more. That's why the short-run aggregate supply curve is upward sloping.
Answer:
$240; $160
Explanation:
The computation is shown below:
As we know that
if there is 40% of money engaged in the risk portfolio is
= $1000 × 40%
= $400
Now amount in X is
= $400 × 0.60
= $240
And, the amount in Y is
= $400 × 0.40
= $160
hence, the last option is correct
All other valeus i.e. given in the question is not relevant. hence, ignored it
The variance is the difference between the total actual cost incurred and the total standard cost.
<h3>What is variance in accounting?</h3>
In the field of accounting, the variance is simply referred to as the difference that exists between the forecasted amount and the actual amount.
Therefore from the definition that we have above the answer to this question is variance.
Read more on variance here: brainly.com/question/15858152
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Answer:must be long lived and used by the company in its normal operations.
Explanation:
Answer:
b and c and maybe if i could i would take them to my place for shelter
Explanation:
