Answer:
Both curves shifts rightwards.
Explanation:
When there is an improvement in the technological process then this will to increase the production level of the goods. Technological advancement increases the potential of an economy which in turn increases the supply of goods at the same price level. Improvement in the technological process increases the economy's productivity.
This will shift the short run aggregate supply curve and long run aggregate supply curve rightwards.
Answer:
1.90
Explanation:
Calculation for how many cells that the company require to satisfy predicted demand
Using this formula
Numbers of cell=Projected annual demand/Annual capacity per cell
Based on the information given we were told that Annual demand is 50,000 units in which it is forecasted that within 2 years it will tripple which means that Annual demand will be calculated as:
Projected annual demand = 50,000*2 years
Projected annual demand=100,000
Let plug in the formula
Numbers of cell=100,000÷(220 units/day × 238 days/year)
Numbers of cell=100,000÷52,360
Numbers of cell=1.90
Therefore the amount of cells that the company require to satisfy predicted demand will be 1.90
Answer:
Consumption Function : Relationship between Consumption Spending & Income
Consumption Function Slope = Marginal Propensity Curve (MPC)
Change in Consumption = Change in Income X MPC
Explanation:
Consumption Function is the curve representing relationship between Consumption spending and Income.
C = a + bY ; where :- C = Consumption , Y = Income , a = Autonomous Consumption i.e consumption at 0 level of income , b = MPC i.e additional consumption consumed from additional income = ΔC / ΔY
b = MPC i.e change in C due to additional change in Y = ΔC / ΔY is the slope of Consumption Function
MPC = ΔC / ΔY .
So, change in consumption i.e ΔC = MPC X ΔY
The difference in height between the hill 973 feet above sea level and the crack 79 feet below sea level is:
Difference in height = 973 - (-79)
Which is equal to 1052 feet.
Answer:A merger
Explanation:
This is coming of two companies to form a new firm with both companies losing their indentity .
