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3 years ago

If actual output exceeds potential output for a prolonged period of time, we would eventually expect factor prices to:

Business

1 answer:

Andru [333]3 years ago

7 0

Answer:

The correct answer is option A.

Explanation:

The potential output represents the full employment level of output. If the actual output is greater than the potential output level for a long time, it implies that the economy is experiencing inflation.

In the case of inflation, the general price level rises, so the factor prices will rise as well. This increase in factor prices will further increase the cost of production.

This increase in the cost of production will consequently cause the supply to decrease shifting the SAS or short-run aggregate supply curve to the left.

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Accounts receivable written-off as uncollectible during the year amounted to $12,600. The accounts receivable balance at the beg

elena55 [62]

Answer:

$72,600

Explanation:

Ending balance of the account receivable can be calculated by adding credit sales in beginning balance and deducting any account receivable written-off.

As we have the ending balance of account receivable, we need to calculate credit sales by following formula:

Account receivable Ending Balance = Account receivable Beginning Balance + Credit Sales - Bad Debt - Ending Balance

$320,000 = $260,000 + Credit Sales - $12,600

$320,000 = $247,400 + Credit Sales

Credit Sales = $320,000 - $247,400 = $72,600

8 0

3 years ago

which section organizes, assigns, and supervises tactical response resources? a. logistics b. planning c. operations d. finance/

Ilia_Sergeevich [38]

Answer:

C (operations)

Explanation:

Operations Section Chief organizes, assigns, and supervises all the tactical or response resources assigned to the incident.

5 0

1 year ago

Mitchell has a cause: He loves cats. As an economist, he could earn $100,000 as a faculty member, but instead he decides to devo

Usimov [2.4K]

Answer: (e.) The same pay as either a professor or as a chief economist at the Humane Society.

Explanation:

The correct answer would be option (e) because in this case there lies an ambiguity i.e. we are uncertain about skillets that an economists should be endowed with or for being a faculty member.

Therefore , it can be concluded that he would get at least as good pay as being faculty. In both cases he'll be better off.

8 0

3 years ago

Help please!! Facilities managers and records and information managers are two categories of what type of job?

Elena-2011 [213]

Answer:

Explanation:

This is the answer

Facility Manager= B.

3 0

2 years ago

Paano nakakatolong ang mga estruktura ng pamilihan sa pagpapaunlad ng ating bansa

kicyunya [14]

Answer:

<h3>PARA MAS LALO PANG GUMANDA ANG MGA STRAKTURA SA BANSA AT MARAMING MAIGANYUHAN ANG MGA TAO. NAKAKATULONG ITO SA MGA TAONG MAY TRBAHO NA MAY MGA HANAP BUHAY NA MAS LALO PANG LALAGO.</h3>

hopefully help:)

Explanation:

#CarryOnLearning

5 0

3 years ago