Answer:
False - Increase in the amount of capital employed can shift both
Explanation:
In the long-run aggregate supply curve is vertical and only labor, capital and technology cause the aggregate supply curve to shift.
In the short-run, the aggregate supply curve is upward sloping and can be affected by only one factor of production (capital)
What shifts the long-run aggregate supply curve to the right include; an increase in the amount of labor or capital employed or the discovery of new technology (innovation).
In the short run however, only an increase in capital employed move the aggregate supply curve outward.
Therefore, only an increase in the amount of capital employed can shift both the short and long run aggregate supply curve to the right
<span>The carbon dioxide (CO2) is the response variable. When analyzing statistics it is important to understand the difference between independent and dependent (response) variables. In this example, the oil is the independent because it is being changed, whereas the carbon is the response because it 'responds' to the oil and the amount of oil that is used.</span>
Answer:
D. Repetitive, product product, process; repetitive, mass customisation.
Explanation:
The goods based on order will have it's qualities speficied and this may equally varies for each ofl the orders though they may go through the same process. Goods produce based on market forcast will be produce enmass based on the forcasted needs of the Consumers, while repeating the same process.
Answer:
Hyperinflation
Explanation:
Hyperinflation is a term to describe a rapid price increase in an economy. This causes the real value of the local economy to erode very quickly. Another popular example took place in Germany after the first world war and led to the rise of a fascist regime.