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4 years ago

Aggregate supply is best described as the

Business

1 answer:

VladimirAG [237]4 years ago

5 0

Answer:

Total output of all products and services.

Explanation:

Aggregate supply is defined as the total amount of goods and services that firms are willing to sell, at a specific price, within a particular economy.

Aggregate supply is a macroeconomic concept, an aggregate variable, that is used in Keynesian and Neoclassical economics, often in models that put it together with aggregate demand, in what is known as the Aggregate Supply-Aggregate Demand model (AS-AD model).

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Matt, a registered investment adviser, operates an office down the hall from Jane, a CPA. Because Jane has no interest in portfo

GREYUIT [131]

Answer: permitted when the referral fee has been disclosed to appropriate clients.

Explanation:

From the question, we are informed that Matt, a registered investment adviser, operates an office down the hall from Jane, a CPA. We are further told that because Jane has no interest in portfolio management, she frequently refers her clients to Matt for investment advice.

When one of Jane's client signs a letter of engagement with Matt, Matt sends Jane a $200 referral fee and this occurred 5 times in the previous year.

Based on the above scenario, permitted when the referral fee has been disclosed to appropriate clients. Even though the Uniform Securities Act does not hinder the payment of referral fees by the investment advisers, it is required that the fees should be disclosed.

5 0

4 years ago

The study of economics is really boring, and it has little to do with my daily life.

zvonat [6]

Studying economics can be really boring, because of the amount of technical terms that can be difficult for everyone to understand, but it is important to learn economics as we deal with it in our daily life.

All of our activities are related to economics, as economics is defined as the science that studies the economic process, the distribution of wealth and resources for satisfying human needs and well-being.

Through economics we can understand several variables that impact our lives, such as:

manage personal finances,
understand the world's economic scenario,
understand the news,
make investments.

Therefore, it is necessary for each individual to have a base of economic knowledge to better understand how and why things happen in the world and how they directly impact our lives.

Learn more:

brainly.com/question/17408105

7 0

3 years ago

A survey asks 1200 workers, "Has the economy forced you to reduce the amount of vacation you plan to take this year?" Forty-s

Nezavi [6.7K]

Answer:

It is a binomial experiment.

A success is a worker saying that the economy forced him to reduce the amount of vacation you plan to take this year.

$n = 20$

$p = 0.46$

$q = 0.54$

The random variable x can assume any value from 0 to 20, inclusive.

Explanation:

For the question that is asked to the workers( "Has the economy forced you to reduce the amount of vacation you plan to take this year?") there are two possible answers, only two possible outcomes. So yes, it is a binomial experiment.

If it is, identify a success, specify the values of n, p, and q, and list the possible values of the random variable x.

A success is a worker saying that the economy forced him to reduce the amount of vacation you plan to take this year.

n is the amount of workers that participate in the survey. So $n = 20$

p is the decimal probability of a success. Forty-six percent of those surveyed say they are reducing the amount of vacation. So $p = 0.46$

q is the decimal probability of a failure. The sum of the probability of a failure and a success must be decimal 1. So

$p + q = 1$

$0.46 + q = 1$

$q = 0.54$

The values of the random variable x are the number of workers that say they are reducing their amount of vacation. 20 workers are surveyed, so the random variable x can assume any value from 0 to 20, inclusive.

8 0

3 years ago

Potthast Company uses a two-stage system to allocate its overhead to products. The company uses machine hours in the fabrication

krok68 [10]

Answer:

D) $85,000

Explanation:

Standard Deluxe

Machine hours (fabrication) 1,000 4,000

Direct labor hours (assembly) 4,000 6,000

If the company spent $50,000 in overhead costs in the fabrication department, then 20% must be allocated to standard bicycles ($10,000) and 80% to deluxe bicycles ($40,000).

If the company spent $75,000 in overhead costs in the assembly department, then 40% must be allocated to standard bicycles ($30,000) and 60% to deluxe bicycles ($45,000).

The total overhead allocated to standard bicycles = $10,000 + $30,000 = $40,000

The total overhead allocated to deluxe bicycles = $40,000 + $45,000 = $85,000

3 0

4 years ago

Farm Country and Industry Country are two neighboring countries. Both countries produce only one good: good X. Production in bo

matrenka [14]

Answer:

B) the same amount of capital and labor

Explanation:

Only an increase in productivity shifts the production function upward given that all factors of production remain the same. Generally technology improves productivity and causes those shifts.

Productivity measures the rate of output per unit of input. E.g. I write 10 pages per hour. If my writing productivity increases, I will write 12 pages per hour. Labor productivity is measured by the amount of output produced per hour worked.

3 0

4 years ago