1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
julsineya [31]
3 years ago
15

Aggregate supply is best described as the

Business
1 answer:
VladimirAG [237]3 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).

You might be interested in
Lopez Corporation incurred the following costs while manufacturing its product.
grandymaker [24]

Answer:

$358,150

Explanation:

Cost of goods manufactured is calculated in a Schedule of Manufacturing Costs as follows :

Cost of goods manufactured = Beginning Work In Process + Total Manufacturing Costs - Ending Work In Process

where,

Total Manufacturing Costs :

Materials used in product              $124,260

Depreciation on plant                     $69,650

Property taxes on plant                   $21,750

Labor costs of assembly-line        $120,570

Factory supplies used                     $25,810

Total                                               $362,040

therefore,

Cost of goods manufactured = $13,700 +   $362,040 - $17,590 = $358,150

8 0
3 years ago
Which of the following criteria is most descriptive of a private liberal arts college?
Harlamova29_29 [7]
For the answer to the question which of the following criteria is most descriptive of a private liberal arts college. The answer is multiple choice letter <span>D. Personal attention from instructors in smaller classes.

I hope my answer helped you. Have a nice day!</span>
3 0
3 years ago
Read 2 more answers
Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a techn
Contact [7]

Answer:

$12

Explanation:

Equilibrium price is price at the point where quantity supplied equals the quantity demanded.

Please check the attached image for a table showing how equilibrium was found

6 0
3 years ago
During the beginning of the 21st century, the growth in computer sales declined for the first time in almost two decades. As a r
MAXImum [283]

Answer:

Answer for the question:

During the beginning of the 21st century, the growth in computer sales declined for the first time in almost two decades. As a result, PC makers dramatically reduced their orders of computer chips from Intel and other vendors. In general, the environment in which computer manufacturers operate is very uncertain; how should we expect this feature of the market to affect the length of contracts between computer manufacturers and their hardware manufacturers?

is given in the attachment.

Explanation:

4 0
3 years ago
Which is the BEST definition of marginal benefit?
Liono4ka [1.6K]

Answer:

the possible income from producing an additional item.

Explanation:

hope this helps if not let me know

6 0
2 years ago
Other questions:
  • Gilchrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginni
    14·1 answer
  • An ad for asian sensations newest product line of snack foods encourages its readers to "thai something new." the creatives who
    6·1 answer
  • A __________ is an option valuation model based on the assumption that stock prices can move to only two values over any short t
    13·1 answer
  • Another term for a pre- inspection agreement is
    5·1 answer
  • If the Federal Reserve lowers the target federal funds rate, Group of answer choices the discount rate rises liquidity in the ba
    12·1 answer
  • MY HERO ACADEMIA FANS!!!!!!
    9·2 answers
  • Partnership XYZ distributed a piece of land in a nonliquidating distribution to Bob, a 50% partner, during the current taxable y
    12·1 answer
  • What do you call a specific Market group that wants, and can afford, your product
    14·1 answer
  • Economic growth takes place when a country produces a steady number of automobiles. has a high unemployment rate. measures its g
    10·2 answers
  • PLEASE HELP!!!!!!!!!!
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!