Answer:
The correct answer is option b.
Explanation:
The doubling of inputs would increase the cost of production. It would also increase the quantity of output produced. If the average cost of production is decreasing with the increase in output level, this is an indicator of the economies of scale.
Economies of scale is the cost advantage due to large scale of production.
Answer:
C) Shows an inverse relationship between the price level and the quantity of all goods and services demanded.
Explanation:
Aggregate demand represents the demand for goods and services while its supply is called aggregate supply. Aggregate demand curve represents the total amount of goods and services demanded by an economy different price levels. Using a pictorial image, this curve has various axis: The vertical one represents the price level of the goods and services. This aggregate price level is determined through a Gross Domestic Product deflator. The horizontal axis represents the quantity of goods and services procured. All aggregate demand curves just like normal demand curves, slopes downwards which means that there is an inverse relationship between the price levels and the quantity demanded. The downward sloping of the aggregate demand curves and normal demand curves might be coincidental but with various reasons. The downward slope normal demand curves is caused by the assumption that prices of goods and services as well as the buyer's income are constant.
Downward slope in aggregate demand curves is assumed to draw reasons from the fact that government most at times are in charge of money supply. Another assumption involves interest rate and net exports.
Answer:
money market fund
Explanation:
Based on the information provided within the question it can be said that the kind of account that Amber should open is a money market fund. The reason being that this is a fund that has a small time of maturity (usually 13 months) and since it includes investments that are low risk but with high rewards such as cash equivalent securities. Since this is exactly what Amber is looking for then we can say that this is the account that she should open.
