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vladimir1956 [14]
3 years ago
15

Assuming that a is positive, theories of short-run aggregate supply are expressed mathematically as a. quantity of output suppli

ed = natural rate of output + a(actual price level - expected price level). b. quantity of output supplied = natural rate of output + a(expected price level - actual price level). c. quantity of output supplied = a(actual price level -expected price level) - natural rate of output. d. quantity of output supplied = a(expected price level - actual price level) - natural rate of output
Business
1 answer:
Sliva [168]3 years ago
3 0

Answer: Option (a) is correct.

Explanation:

Given that,

"a" is positive

The theories of short-run aggregate supply is expressed as:

Quantity of output supplied = Natural Rate of output + a x (Price level (actual) - Price level (expected))

The short-run quantity of output supplied by the firm will rise above the natural output level if the actual price level is greater than the price that is expected by the individuals.

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Vitek1552 [10]

Answer: 20 seats

Explanation:

The optimal number of business travellers will be the mean of Poisson distribution i.e 20, since the number of business travellers follows Poisson distribution. Which means that the probability that there will be 20 business travellers will be higher than all other numbers.

Therefore 20 seats must be assigned to business travellers to maximize the revenue.

5 0
3 years ago
Drag the Low risk and High risk project points so their expected rates of return are 9% and 11%, respectively. If you could choo
valkas [14]

Answer:

a. Project Low because its expected rate of return is higher than its WACC

Explanation:

Weighted Average Cost of Capital WACC determines firms cost of capital. It includes all sources of finance which are included in firm capital structure. The expected rate of return is the rate at which a project is able to generate return or benefits. For any project to be beneficial, its expected return should be higher than its WACC. We will select project Low because its expected rate of return is higher than its WACC.

6 0
3 years ago
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alexandr402 [8]

I'm pretty sure B

Explanation:

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7 0
2 years ago
The concept of --------, while not mentioned in the U.S. Constitution, is an important part of our legal system.
CaHeK987 [17]

Answer:

judicial review,

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3 0
3 years ago
Braun Company has one service department and two operating (production) departments. Maintenance Department costs are allocated
vekshin1

Answer:

$122,600

Explanation:

Maintenance department cost = $27,000

Assembly department cost = $106,400

Square feet occupied by Milling department = 12,000

Square feet occupied by Assembly department = 18,000

Total square feet occupied by two production departments = Square feet occupied by Milling department + Square feet occupied by Assembly department

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= 30,000

Maintenance department cost allocated to Assembly department = Maintenance department cost * (Square feet occupied by Assembly department / Total square feet occupied by two production departments)

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The total cost of operating the Assembly department for the current period = Assembly department cost + Maintenance department cost allocated to Assembly department

= $106,400 + $16,200

= $122,600

3 0
3 years ago
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