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const2013 [10]
3 years ago
7

The industry that produces portable CD players is in long-run equilibrium. Then the demand for portable CD players decreases per

manently. As a result, firms will Some firms will ____ the market, and the market supply curve will shift ______. exit leftward exit rightward enter, rightward enter, leftward
Business
1 answer:
Colt1911 [192]3 years ago
7 0

Answer:

As a result firms will <u>exit</u> the market and the supply curve will shift <u>leftward.</u>

Explanation:

Since the demand decreases permanently in the market for CD players, the existing companies will incur economic loss, as because they do have existing stock, which shall not be sold on the current price.

Also no new manufacturing will be done and in future the supply will shift leftward as there will be less suppliers in the market.

Basically the suppliers, when will accept the permanent decline in demand will majorly exit the market and then they will find alternative businesses, with high demand.

Accordingly the firms will exit and accordingly will less suppliers the supply will be decreased and curve will move leftward.

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As the price level declines along the aggregate demand curve, the interest rate is most likely to:___________.
lbvjy [14]

Answer:

a. Decline

Explanation:

Whenever there is a reduction in the price level, this results in gains in the real money supply which eventually moves the LM curve to the right.

Hence, given that, the IS curve has a downward slope, the IS and LM curves will meet at a higher level of income and a lower interest rate.

Therefore, the correct answer, in this case, is Option A: DECLINE

Note LM means Liquidity and Money

While IS means Investment and Savings.

3 0
4 years ago
Fraudsters typically try to justify their behavior by telling themselves that they intend to repay the amount stolen or that the
Burka [1]

Answer: Rationalization

Explanation:

In discipline such as logic and psychology, rationalization which is also referred to as making excuses as defense mechanism under which they tend to explain their controversial feelings and behaviors. They tend to justify and explain them in a way which is considered to be seemingly logical or rational. This is done in order to avoid true description and explanation and thus are made into consciously tolerable or admirable by the plausible means.

4 0
3 years ago
"In the context of the informational subroles identified by Professor Henry Mintzberg, managers in the _____ share the informati
MArishka [77]

Answer:

D) disseminator role

Explanation:

Within an organization, a manager that assumes a disseminator role is the one that discloses information to others members of the organization, usually to their coworkers and subordinates. The disseminator should share relevant and useful information with others, therefore he/she needs very good communication skills.

3 0
3 years ago
The income statement will present
e-lub [12.9K]

Answer:

a. revenues less expenses (order is not important)

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

3 0
4 years ago
For the situation in exercise 8, fashion an equitable remedy that might encourage cracked mirror to decide to keep its commitmen
natta225 [31]

Incomplete question. Here's the full text;

Cracked Mirror, a locally well-known rock group, contracts to play for your high school prom. A week before the dance, the group cancels its appearance. A teacher finds out that the band took the opportunity to perform in a concert that will pay them $800 more. The class president’s mother is an attorney and offers her services to the school.....In the question above, could you fashion an equitable remedy that might prompt Cracked Mirror to decide to keep its commitment to play at your prom? (Certain remedies that may come to mind could violate portions of the U.S. Constitution and therefore could not be pursued.)  

<u>Explanation:</u>

A good remedy that comes to mind is the equitable remedy of Specific performance. The remedy of Specific performance is usually issued by a court order requiring a party to perform a specific action, as obliged in a contract.

Thus, by suing Cracked Mirror rock group to pay monetary damages for its failure to perform could prompt them to keep its commitment to play at your prom, especially when the damages involves a significant amount.

3 0
3 years ago
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