Answer: b. has a backward-bending portion.
Explanation:
A backward-bending supply curve shows what happens when people substitute higher wages for more leisure time like Amari is doing in this scenario.
At a higher wage, people will be able to work for shorter hours as such a job will still give them the same amount of money as working longer in lower paying jobs.
After they get a certain level of payment from the higher paying job, they will then substitute the remaining hours for leisure. This creates a backward-bending curve because labor hours are reducing past a certain level of wages.
Answer:
C. $300,000
Explanation:
Shue Capital Account:
contribution 50,000
partnership income x 30%
withdrawals (240,000)
change in capital account (100,000)
50,000 + Shue profits - 240,000 = -100,000
Shue profit = 240,000 - 100,000 - 50,000
Shue profit = 90,000
Partnership profit:
90,000 / 0.30 = 300,000
A lot of issues affect an economy. when government borrowing to finance the economy, an increase in the deficit will lead to high increase in interest .
- Higher interest rates will tend to limit or “crowd out” a lot of private investment, and this in turn will limit growth.
<h3>How will the financing of government spending influence national savings?</h3>
Due to an increase in government expenditures, the government finances will have to try and get additional spending via borrowing.
This then will bring about reduction in public savings. When private savings are unaffected, the effect of a reduction in public savings will tend to lower the total levels of national savings.
Learn more about government spending from
brainly.com/question/25125137
Answer:
c.
Explanation:
the product is a "me-too" and contains no new technology or points of difference
Price skimming is a pricing strategy in which a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time
