Long-run competitive equilibrium requires:______

d1i1m1o1n [39]

Answer:

b. rise and thereby decrease aggregate demand.

Explanation:

When the economic growth is negatively far away from the potential level, it means destruction and missing development and it starts recession period on the economy. This period will show falling GDP, falling incomes.

In Recession,

- Real GDP , aggregate demand and national output will fall dramatically

- Unemployment will soar to the top, there will be the problem how to find job

- Inflation rates besides the cases above will tend to decrease because there will be lower demand in the economy as well.

- The government will also increase its debts because of expansionary fiscal policy and automatic stabilizers (the government will tend spend more on unemployment benefits)

- Asset prices will decrease because of less demand

- Interest rates will be cut off by central banks due to the aims of stimulating the economy

- Investments will also drop by businesses

-Taxes will tend to increase and needs some expansionary fiscal policy to decrease it

5 0

3 years ago

Managers are important members of the organization. Within an organization, there are managers at four levels: top, middle, firs

Zolol [24]

Answer:

1. Pat is Middle Level.

Pat is trying to implement the strategic goals of the company which are set by Top Management. That would make Pat a Middle level manager.

2. Rick is Top Level.

Rick is developing the policies for the entire company which would place Rick at Top Manager level.

3. Daisy is a First-line Manager

Daisy is responsible for the loading products such that it is done effectively. This is an operational duty which would place Daisy at First-line level.

4. Ruth is a First-Line Manager

Ruth directs art staff who are non-managers which would make Ruth a first-line manager

5. Gary is Top Level

By developing projections on long term growth, that means Gary contributes to strategic decisions thereby making Gary top level.

6. Greg is Middle Level

Greg is in charge of first line managers which places him directly on top of them which means he is a middle level manager.

7. Mike is a Team Leader

Mike is in charge of the team which is the textbook role of a team leader.

8. Nancy is a Team leader

The members of the team go to Nancy when they need to resolve conflict or when they want to coordinate their activities. As the team leader is in charge of team coordination, Nancy must therefore be a team leader.

5 0

3 years ago

Due to path dependence:_____

sveta [45]

Answer:

A. strategic decisions have long-term consequences.

Explanation:

Due to path dependence <u>strategic decisions have long-term consequences.</u>

Path dependence: It is the dependence on strategic outcome that has impact in the past, however, it is no more relevant in the current situation. It describes a process in which the options one faces in a current situation are limited by decisions made in the past. These decision has enduring influence on the decision made today. Path dependence rests on the notion that time cannot be compressed at will.

4 0

3 years ago

One HEADLINE article in the text, "Bitter Florida cold drives up orange juice prices," describes the impact of a freeze on Flori

kirill115 [55]

Answer:

The equilibrium quantity will decrease

Explanation:

There will be a reduction in the supply of citrus crops and also reduction in orange juice produces from these fruits.

A shift in supply to the left will occur as a result of the cold. This will also result in reduction in equilibrium quantity demanded.

This is illustrated bin the attached diagram

5 0

3 years ago

The element of the four c's is associated with the promotion element of th marketing mix

zvonat [6]

Answer:

Communication is the aspect that aligns with promotion when relating the 4 C's to the 4 p’s of marketing. When you promote a product you are using commication to get the product promoted to the consumer.

Explanation:

6 0

3 years ago

Long-run competitive equilibrium requires:_______