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svp [43]
3 years ago
12

What effect do rising input costs have on the price of a good.

Business
1 answer:
Genrish500 [490]3 years ago
4 0

Answer:

Explanation:

Inputs are the factors required for production to take place. They may include labor and raw materials. In economics, inputs are the four factors of production that include land, labor, entrepreneurship, and capital.

The final cost of a product is dependent on the costs of production. The cost of production is an aggregation of the cost of each input used in the production. For a company to stay in operation, it must meet all its production costs. These costs are spread to each unit produced.  A high production cost will result in an expensive product. Should the cost of any of the input increase, then the overall cost of the products will rise.

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True or False: If people have rational expectations, the sacrifice ratio could be much smaller than suggested by the short-run P
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People often have different expectations. If people have rational expectations, the sacrifice ratio could be much smaller than suggested by the short-run Phillips curve is a false a statement.

  • The sacrifice ratio is said to be smaller than suggested by former estimates. The short-run phillips curve will ten to shift downward and the economy would reach low inflation very fast.

Rational expectations  is known to be an economic theory. It simply states that when making decisions, individual agents will capitalize their decisions on the information that is best and available and they also learn from past trends.

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7 0
2 years ago
A target market often includes more than one market segment
stira [4]

yes a target market often includes more than one market segment.

A target market is a array of customers inside a business's serviceable accessible market at which a business targets its marketing attempts and resources. A target market is a subdivision of the complete market for a product or service.

The target market mostly comprises of consumers who shows similar traits(such as age,location,income or lifestyle) and are considered most probable to buy a buisness’s market offerings or are probable to be the most gainable section for the buisness to service.

THUS MARKET INCLUDES MORE THAN ONE SEGMENT

8 0
3 years ago
Using email for ____ purposes has many benefits, including low cost, immediate communication, interactivity, and the ability to
Maksim231197 [3]

Answer: a. marketing

Explanation:

Using email for marketing purposes has become a very effective method of advertising since the advent of the internet and subsequently email services. It is quite low cost and yet has a wide coverage.

It also enables immediate communication that can be quite interactive thereby ensuring that customers can be personally catered for. It also allows for creativity in marketing as a multitude of methods can be used ranging from newsletters to posters.

6 0
2 years ago
Traditional career development programs of the past focused on helping an employee advance ________.
saveliy_v [14]
Traditional career development programs of the past focused on helping an employee advance <span>by holding a series of jobs in a single organization.</span>

3 0
3 years ago
As president of​ Econivalia, you are constantly strained for funds to pay your troops. Your chief economist suggests the followi
barxatty [35]

Answer: All of the above are problem with the plan.

Explanation:

If a Government rapidly increases the money supplied into an economy, it leads to inflation.

This is because as the citizens of a country get more money at a very short interval, they would tend to demand for more items in the market, the increase in demand would directly lead to an increase in price which is an inflation.

Therefore minting extra money may pay the soldiers but negatively affect the economy as price of commodities would increase.

5 0
3 years ago
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