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miss Akunina [59]
3 years ago
15

The short-run aggregate supply curve is upsloping because higher price levels lower interest rates and encourage firms to invest

and produce more create incentives to expand output when resource prices are unresponsive to price-level changes encourage importation of foreign goods create an expectation among producers of still higher price levels
Business
1 answer:
devlian [24]3 years ago
8 0

Answer: Create incentives to expand output when resource prices are unresponsive to price-level changes

Explanation:

High price levels indeed create incentives to expand output if resource prices are unresponsive to price changes.

What this means is that, when price levels rise, suppliers tend to take advantage of this rise by producing more if, their INPUTS DON'T increase in price as well.

For example, price of steel goes up by $5 but the price of Iron Ore remains the same.

Suppliers and Producers will produce more steel because they can make a high profit because iron ore prices have not changed.

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What are some of the tests that need to be conducted before putting up a business?​
krek1111 [17]

Explanation:

The product life cycle can be a tool used by companies to adapt their strategies from the stage of product development to its decline in the market and thus increase the chances of being well positioned and competitive in the market.

In the initial phase of development, this is where the project and ideas are aligned and research is carried out on business feasibility, planning, dissemination, potential audience, budget, etc.

7 0
3 years ago
A hypermarket is Multiple Choice a shopping mall anchored by four or more department stores such as Sears or Nordstrom. a form o
lina2011 [118]

Answer:

a form of scrambled merchandising, consisting of large stores offering everything in a single one-stop outlet.

Explanation:

hypermarket can be regarded as

retail store which consists of

department store as well as a grocery supermarket. It is usually large establishment, and gives wide variety of products like groceries, appliances and clothing. Hypermarkets is a best place where shoppers get one-stop shopping experience. It should be noted A hypermarket is a form of scrambled merchandising, consisting of large stores offering everything in a single one-stop outlet.

8 0
3 years ago
The hidden-cost fallacy occurs when a. ​A firm considers irrelevant costs b. ​A firm ignores relevant costs c. ​A firm considers
Phantasy [73]

Answer:

The correct answer is c. ​A firm considers overhead or depreciation costs to make short-run decisions

Explanation:

As Professor Adam Grant suggests, sunk costs have an important effect on our decisions, but there are three factors that influence us even more: anticipated regret ("will I regret it if I don't give the project another chance?"), project completion ("if I continue to invest, I will finish the project successfully") and the threat of ego ("if I do not continue betting on the project, I will seem a failure"

A good option is to prevent these three factors from occurring and constantly ask for feedback from those around us (collaborators, partners, friends). If we ignore the opinions that go against what we think, we will be putting the project at risk without realizing it. On the contrary, those who do not mind "swallowing pride" in the short term will make better decisions in the long term. On the other hand, separating the project from the person, the entrepreneurial venture, will help us not to take the recommendations of our environment personally and to react much more quickly and quickly.

8 0
4 years ago
Gains on the cash sales of property, plant, and equipment:________.
kolezko [41]

Answer:

The answer is D.

Explanation:

Option D is correct because gains on the cash sales of property, plant, and equipment: are recognized in the operating activities under cash flow statement. They are subtracted from net income.

Option A and C are incorrect because gains on PPE are excess of cash proceeds over the FAIR VALUE and not the book value

5 0
3 years ago
Immediately after an ice storm brought down power lines throughout the region, hardware stores were sold out of batteries and fl
Anton [14]

Answer: Market allocates goods effectively.

Explanation: Effective market allocation is the economic market interaction discussed in this case study. As there was a storm and the power lines got down it was obvious that the demand for the batteries and flashlights will increase and the stock became insufficient but the market forces came into action leading to increase in supply and restoring demand and supply to equilibrium level .

7 0
3 years ago
Read 2 more answers
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