Answer:
The aggregate demand will fall
Explanation:
The aggregate supply measures the quantity of real GDP that can be supplied by in the economy at different price levels. it measures planned output if both prices and average wage rates can change, the Long run aggregate supply curve is assumed to be vertical (this means it remains constant when the general price level changes).
The leftward shift in aggregate supply means that at the same price levels the quantity supplied of real GDP has decreased. This is mostly due to natural disasters or other supply shocks like economic depression, when there is leftward shift in aggregate there would be fewer workers available to produce goods at any given price.
Answer: the answer is a because i just fell
Explanation:
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Answer:
The correct answer is letter "B": there being a market‑wide, systematic way of implementing an acceptable wage cut for all workers or price cut to market participants during a recession.
Explanation:
Price stickiness refers to the resistance of a price level to change in front of major changes in the overall economy that indicates the current price level is not optimal. The concept can be applied to wages moreover when there is a deficit in a company or a recession in a country that suggests wages should be lower but they maintain their same level.
Thus, <em>the coordination argument states that the broad market situation should match the price level of goods and services.</em>
Answer:
3) is a type of mathematical model used when the user seeks to optimize some objective function subject to some constraints
Explanation:
Optimization models are used by businesses to try to solve some specific problem by optimizing or minimizing its function.
For example, you want to optimize your inventory management. Your goal will be to lower your inventory costs by maximizing inventory turnover.
Answer:
It will cost you $12,015,054 to buy a seat.
Explanation:
cost to buy a seat = number of shares to be owned*cost per share
= (one half of outstanding shares + 1)*cost per share
= (445,000/2 + 1)*$54
= $12,015,054
Therefore, It will cost you $12,015,054 to buy a seat.