Answer:
As the price level rises, firms expand their production because they can sell their output for more money.
Explanation:
As the price level rises, supply increases as firms expand production to increase profits. And as price level falls, supply falls as firm reduce production. For this reason the short-run aggregate supply curve slopes upward.
Please find attached a graph showing the short-run aggregate supply curve
Answer:
B) All final goods and services produced in an economy in a given year
Explanation:
That's the definition of GDP, gross domestic product. By virtue of the name, it's the total product (output) of a given economy. It's measured through the values of all final goods and services, so as to not count the same good or service twice.
Answer:
When silo gimp graduated from college with a degree in flower growing. He was voted AS THE FLORIST OF THE YEAR
Explanation:
Anyone that studies flower growing or horticulture is a florist or could be voted as one which made Silo to win such an award.
Answer:
$109,688.89
Explanation:
According to the scenario, computation of given data are as follows,
Formula for Net present value are as follows,
NPV = -Investment in fixed asset - Net working Capital + Operating cashflow × ( 1 -
) ÷ r + Net working capital ×
Where, r = rate of return
n = number of years
By putting the value, we get
NPV = -28,000 - 2,800 + 32,500 × ( 1 -
) ÷ 0.14 + 2,800 × 
By solving the above equation, we get
NPV = $109,688.89
Answer:
$32,864.00
Explanation:
check the file attached below for full explanation