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4 years ago

In the Keynesian model, it is assumed that, when demand for a firm's product changes, the firm:

Business

1 answer:

REY [17]4 years ago

7 0

Answer:

B. changes production levels to meet the demand.

Explanation:

The Keynesian model is usually used as a theoretical approach to understand economics in the short run. For Keynes, in the short term, firms can not change their prices immediately because exist a menu cost: the cost of changing prices. Instead, firms change the unique variable that they can control: quantities.

In such way can meet the demand in the short run.

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During the spring and summer of 2016, when gasoline prices were rising quickly, politicians in several countries proposed and a

vaieri [72.5K]

Answer:

consumers would find it cheaper to buy gasoline

Explanation:

In the short run a tax cut or tax suspension as we have In this question is able to increase demand because it increases peoples disposable income. This tax cut of $0.4 would remove burden on gasoline consumers. By removing the tax on gasoline the price of gasoline would become lower and consumers would find it easier and cheaper to purchase

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4 years ago

How many inches are there in a football field (100 yards)? 1 yard = 3 feet; 1 foot = 12 inches

crimeas [40]

4320 . this prob would have been answered faster under the mathmatics topic

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3 years ago

ABC Co. provides the following sales forecast for the next four months: April May June July Sales (units) 590 670 620 710 The co

WINSTONCH [101]

I think the answer will be 0.2%

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3 years ago

Finally, based on what you have learned about motivation, describe what motivates you to learn. Are you an intrinsically motivat

yan [13]

Answer:

Intrinsic and extrinsic motivation.

Explanation:

In psychology, there are mainly two distinct types of motivation i.e the intrinsic and the extrinsic motivation through which an individual is able to perform certain activities of his or her life.

Intrinsic motivation is described as a motivation in which an individual is being motivated to perform a specific task internally i.e it comes from within an individual to perform that task.

Extrinsic motivation is described as a type of motivation in which an individual certain task to get some external rewards, for example, affection, good grades, presents, etc.

Depending on a person to person whether he or she is being externally or internally motivated and on the situations as well. So, an individual can be both or can externally or internally motivated.

8 0

4 years ago

Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Depar

UkoKoshka [18]

Answer:

EU materials 26,760

EU conversion 26,340

WIP ending 25,410

transferred out 596,700

}

Cost to be accounted for: 622,110

cost accounted for:

ending WIP inventory 25,410

finished goods inventory 596,700

Explanation:

WA Equivalent units:

completed units 55,500

ending WIP inventory 2,100 x 60% 1,260 materials

2,100 x 40% 840 conversion

materials: 25,500 + 1,260 = 56,760

conversion: 25,500 + 840 = 56,340

Ending WIP valuation:

Materials: 1260 x 13.7 = 17,262

Labor 840 x 3.2 = 2,688

Overhead 840 x 6.5 = 5,460

Total ending WIP 25,410

Transferred-out:

25,500 x (13.7 + 3.2 + 6.5) =

25,500 x 23.4 = 596,700

7 0

4 years ago