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3 years ago

An increase in the costs of resources or inputs of production would shift the ________.

Business

1 answer:

nadya68 [22]3 years ago

5 0

Answer:

C. short-run aggregate supply curve leftward

Explanation:

When the cost of production or inputs of production increase the short run supply curve shifts left because the producers are now willing to sell less at the same price because it is more expensive for them to produce, so at every price the production decreases because of which the supply curve shifts left. The long run supply curve isn't affected by an increase in costs of resources because it is the potential of the economy and an increase in costs of does not change the potential of the economy.

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You want to buy a car, and a local bank will lend you $25,000. The loan will be fully amortized over 5 years (60 months), and th

Vikentia [17]

Answer:

Monthly payment: 460.41 dollars

Effective rate: 4.07%

Explanation:

we will calculate the PTM of an annuity of 25,000 over 5 year at 4%

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $25,000.00

time 60

rate 0.003333333

$25000 \div \frac{1-(1+0.003333)^{-60} }{0.003333} = C\\$

C $ 460.413

Now we need to know the effective rate, which is the same as 4% compounding monthly:

$(1+0.04/12)^{60} = (1+ r_e)^{5}\\r_e = \sqrt[5]{(1+0.04/12)^{60}} - 1$

effective rate = 0.040741543 = 4.07%

8 0

3 years ago

If the price of Italian shoes imported into the United States increases, then a. both the GDP deflator and the consumer price in

goldfiish [28.3K]

Answer: The consumer price index will increase, but the GDP deflator will not increase.

Explanation:CPI(Consumer p ice index) is a concept used in Macroeconomics to mean the weighted average of the prices of

A basket of consumer goods and services.

GDP(gross domestic product) Is the value of the entire goods and services rendered within an economy over a given period of time.

GDP Deflator determines the price changes of all goods and services produced within an country.

As the price of Italian shoes imported into the Unites States of America rises the CPI INCREASES BUT THE GDP DEFLATOR WILL NOT INCREASE.

6 0

3 years ago

The ___________ must be the basis for a project cost estimate if you plan to create a cost baseline and use earned value managem

kogti [31]

The work breakdown structure must be the basis for a project cost estimate if you plan to create a cost baseline and use earned value management as part of monitoring and controlling costs.

Work can be made more manageable and approachable by using a common productivity strategy called task breaking. The Work Breakdown Structure (WBS), one of the most significant projects management papers, is the tool that applies this technique to projects. It does it on its own, integrating scope, cost, and schedule baselines to guarantee project plans are in sync.

The Work Breakdown Structure is a "deliverable-oriented hierarchical decomposition of the work to be completed by the project team," according to the PMI Project Management Book of Knowledge (PMBOK). WBS can be divided into two categories: deliverable-based and phase-based. The deliverable-based strategy is the most popular and preferred method. The Elements listed in the first Level of the WBS are the primary distinction between the two methodologies.

Learn more about project costs here brainly.com/question/15518327

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3 0

1 year ago

An audience is first asked to write the last 2 digits of their social security number, and, second, to submit mock bids on items

Alchen [17]

Answer: Anchoring bias

Explanation: Anchoring bias is described as the tendency to focus on one value or idea known as the “anchor” and not adjust away from it sufficiently (the simple act of thinking of the first number strongly influences the second, even though there is no logical connection between them); It is also defined as the tendency of people to place subsequently refined answers to a given question close to the initially estimated answer, giving unduly weight to the initial answer, such as adjusting the initial estimate of 10% to 20% when 90% would have been more appropriate.

Some examples of anchors might include: real estate listing prices, initial cost estimates for development projects, salary of your last job etc.

8 0

3 years ago

The Model Company is to begin operations in April. It has budgeted April sales of $30,000, May sales of $34,000, June sales of $

adoni [48]

Answer:

$36,906

Explanation:

The file attached shows a table that explains very well the solution to the problem.

Download docx

5 0

3 years ago

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