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gayaneshka [121]
3 years ago
14

How do price changes drive markets toward equilibrium?

Business
1 answer:
Bess [88]3 years ago
4 0
1. b, the price mechanism would adjust itself in a free market
2. c, they sell almost identical products
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What is the relationship between interest rates and aggregate spending?
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Answer:

B. when interest rates increase, aggregate spending decreases

Explanation:

Interest rates and aggregate spending have an inverse relationship. An increase in interest rates results in a decrease in aggregate expenditure. Interest refers to the cost of money, while aggregate spending is the total consumption in the economy.

When the cost of money is high, firms and households will stop borrowing, which reduces spending. It means businesses will not expand, and domestic consumption reduces. The net effect is a lower demand for goods and services, resulting in lower aggregate spending.

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The correct answer is letter "B": False.

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A decentralized organization is one in which most decisions are taken by low range managers. On the other hand, centralized firms are characterized by following the guidelines of high-level executives. Decentralized companies have the same reporting structure as centralized institutions but each of them working at their hierarchy level.

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3 years ago
As soon as she allocates tasks to her subordinates, Yolanda, an account manager, thinks about the next set of tasks that she can
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B) Being overly ambitious

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Marginal revenue is higher than it was previously.

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The marginal Revenue equals to the price of a good or service. When Price increases from $20 to $25 ,the Marginal Revenue will be $25 which is higher than it was previously

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