Answer: eventually rise and fall to match upward or downward changes in the price level.
Explanation:
Long-run aggregate supply (LRAS) curve simply shows the long-term output for a country. In the long-run, it should be noted that the aggregate supply curve is vertical, which shows that the changes in the aggregate demand will only result in a temporary change with regards to the total output of the economy.
The aggregate supply curve of an economy assumes that the wages and other resource prices eventually rise and fall to match upward or downward changes in the price level.
Therefore, the correct option is A.
The answer is "-4.85%".
Year Output Input Productivity
in Packages in Drivers (Output/Input)
last year 103,000 <span>84 1226.2
this year </span><span> 112,000 96 1166.7
Percentage change = (</span>1166.7 - 1226.2) = <span> -59.5/1226.2 = 0.0485
=0.0485 x 100 = -4.85%</span>
<span>After the second week, the price of the pencils were dropped $.25 every week from $.75. So on the third week the price was $.50 and on the fourth week the price should be $.25. Since the pencils were sold out on the fourth week, the market clearing price is $.25.</span>
Answer:
d. work with technical personnel.
Explanation:
In the given scenario a manufacturer is making a new buy from a seller. This is a risky investment for the buyer because of uncertainty on how the product will perform and lack of technical know-how in operating the product.
The buyer therefore will require the seller to act as a consultant in case of issues arising from the use of the product, buying decision will take a long time because the buyer will want a good fit for their operations, and more work will be done with technical personnel to train them on how to use the product
Answer:
$10,000
Explanation:
To calculate income tax expense we must add income liability for the year, minus the changes in deferred tax accounts and add the change in value for deferred tax assets.
income tax expense = $13,000 - ($20,000 - $15,000) + ($20,000 x 10%) = $13,000 - $5,000 + $2,000 = $10,000