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zhannawk [14.2K]
3 years ago
11

The misperceptions theory of the short-run aggregate supply curve says that the quantity of output supplied will increase if the

price level
a. increases by more than expected so that firms believe the relative price of their output has decreased.
b. increases by less than expected so that firms believe the relative price of their output has decreased.
c. increases by less than expected so that firms believe the relative price of their output has increased.
d. increases by more than expected so that firms believe the relative price of their output has increased.
Business
1 answer:
Illusion [34]3 years ago
3 0

Answer:

Option C is correct

Explanation:

This means an increase in actual price would make quantity aggregate supply curve to shift to the right.

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Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selec
baherus [9]

Answer:

Inventory turnover

Explanation:

Inventory turnover is the ratio which states how many times the company has sold as well as replaced the inventory during the stated period. The company could divide the days in the year through the formula of inventory turnover in order to compute the days it need to sell the inventory.

So, in the case, if she compute the inventory turnover ratio for the store and then compare with other stores. And higher inventory turnover ratio states the greater amount of efficiency in the business operations. The objective is to maximize the use of the cash and minimize the inventories.

8 0
3 years ago
Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, what similari
Sergio039 [100]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, the similarities I still see in terms of trade partners, use of environmental resources, government regulation, and type of goods/products sold are the following.

Businesses are still business no matter the time in history. They are created to make profits.

Businessmen are greedy most of the time, like in the past. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.

This can be shown in politics, in the economy, and in business. Of course, this can be seen in trade and in foreign affairs.

Social costs should be important but are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.

To this day, businesses are driven by money, power, and control, and these have been teh causes of major differences between companies, states, individuals, and countries.

6 0
3 years ago
Drag the tiles to the correct boxes to complete the pairs.
cluponka [151]

Answer:

1. objectivity

2. prudence

3. consistency

4. materiality

7 0
3 years ago
Your office network has been measured to stay working an average of 2,200 hours with a standard deviation of 285 hours.
navik [9.2K]

Answer:

1.74%

Explanation:

Mean number of hours (μ) = 2,220 hours

Standard deviation (σ) = 285 hours

Assuming a normal distribution, the z-score for any number of hours a network stays up, X, is given by:

z = \frac{X-\mu}{\sigma}

For X = 2,800 hours, the z-score is:

z=\frac{2,800-2,200}{285}\\z=2.11

A z-score of 2.11 corresponds to the 98.26th percentile of a normal distribution. The probability that the network will stay up for 2,800 hours before it fails is:

P(X>2,800) = 100\%-98.26\% = 1.74\%

The probability is 1.74%.

6 0
4 years ago
Use the three-step demand-supply analysis discussed in class to analyze changes to the equilibrium price, and quantity in the ca
Ghella [55]

A new computer chip affects the supply curve only.

Demand-supply is an economic version of price determination in a market. It postulates that preserving all else identical, in an aggressive market, the unit price for a specific appropriate, or other traded item which includes hard work or liquid financial property, will range till it settles at a point in which the quantity demanded (at the modern price) will same the quantity supplied (on the modern-day price), ensuing in an economic equilibrium for rate and quantity transacted.

Equilibrium is a scenario wherein economic forces consisting of delivery and demand are balanced and in the absence of outside impacts the values of economic variables will no longer alternate.

Philosophical analysis is any of various techniques, typically used by philosophers in the analytic culture, to be able to "damage down" philosophical problems. Arguably the maximum prominent of those techniques is the evaluation of concepts.

Learn more about Demand-supply here: brainly.com/question/4804206

#SPJ4

7 0
2 years ago
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