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Komok [63]
3 years ago
6

Over the long run, a surge in aggregate demand from a neoclassical perspective will most likely result in: a rise in level of ou

tput. an increase in price level. downward pressure on the price level. pressure for a lower level of inflation.
Business
1 answer:
Sedbober [7]3 years ago
7 0

Answer:

an increase in price level.

Explanation:

When the demand for a product increases, it brings about an increase in price level because the producers see this as an avenue to stir up profit. They realize that their products are being sought after which is an indicator that customers overtime have validated the quality of that product, trust has now been established and a surge in price level will not deter the product demand in the market.

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In a statement to Gillette’s shareholders, its CEO indicated, "Despite several new product launches, Gillette’s advertising-to-s
castortr0y [4]

Answer: ‭0.34

Explanation:

Gillette’s advertising elasticity tells of the impact that Gillette's advertising has on its demand.

Given the details in the question, the following formula can be used;

Advertising elasticity/ -Gillette elasticity of demand = Gillette’s advertising-to-sales

Advertising elasticity/ -(-4.5) = 7.5%

Advertising elasticity = 7.5% * 4.5

= ‭0.34

7 0
3 years ago
Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
Vedmedyk [2.9K]

Answer:

less expansive

Explanation:

i took the test. i got it right

5 0
3 years ago
In December 2016, Shire Computer’s management establishes the 2017 predetermined overhead rate based on direct labor cost. The i
Oksana_A [137]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $754,000 of overhead costs and $580,000 of direct labor cost.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 754000/580000= $1.3 per direct labor dolar

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

5 0
4 years ago
Johni is the CEO of a struggling company. She has listened to her employee's complaints and concerns about where the corporation
valina [46]

Answer: Transformational Leadership

Explanation:

Transformational Leadership could be described as a process where a leader is able to communicate plans, aim and goals with his or her team and they respond with improvement and rapid growth. Their growth was as a result of the leaders effect among them.

Johni can be seen as carrying out a transformational leadership due to she's able to turn around the tide of the with her employees as they now perform better based on her leadership pattern.

6 0
3 years ago
The free rider problem is a situation in which A. one agent secures benefits that others pay for B. all of the above. C. none of
vfiekz [6]

Answer:

b).  one agent secures benefits that others pay for.

Explanation:

The free-rider problem is described as the problem when some individuals consume or take the benefit of a resource without paying for it. in this problem, one agent is being benefitted from the resources that the others are paying for. This creates a load on a shared resource and eventually causes market failure. In order to cope with this problem, the organizations must ensure a fair distribution of resources and their benefits as per the payment made by the agents. Therefore, option B is the correct answer.

4 0
3 years ago
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