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jolli1 [7]
4 years ago
7

What changes would not shift the demand curve for a good or service?

Business
1 answer:
stealth61 [152]4 years ago
8 0

Answer:

The demand curve can shift either to the right or left. A rightward shift increase the quantity demanded at every price level, while a leftward shift decreases the quantity demanded at every price level.

consumer income increases ⇒ rightward shift

number of potential consumers increase ⇒ rightward shift

price of substitutes goods increases ⇒ rightward shift

price of complementary goods decrease ⇒ rightward shift

consumers expect a price increase in the future ⇒ rightward shift

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When the economy is in a severe recession, an increase in aggregate demand will lead to __________.
tester [92]

Answer:

The correct answer is letter "A": an increase in the long-run equilibrium level of output.

Explanation:

Aggregate Demand is a macroeconomic term describing the total demand in an economy for all goods and services at any given price level in a given period. That scenario implies aggregate demand is the demand for the Gross Domestic Product (<em>GDP</em>) of a country.

In front of a recession, the government should promote the increase the aggregate demand by <em>lowering rates</em> so more loans will be available and reachable. With more loans, more investments come and in the long term, the output is likely to hit its equilibrium point.

6 0
3 years ago
The following three defense stocks are to be combined into a price-weighted stock index in January 2016 (perhaps a portfolio man
emmainna [20.7K]

Answer:

24.42%

Explanation:

(a) Index on the day immediately before the split (on 1 Jan 2017)

= (114+ 34 + 56 ) / 3

= 204/3 =68

Price of Douglas McDonnel stock just after the split (on 2 Jan 2017)

= 114/3 = $38

New divisor for the index

= (38 + 34 + 56)/68

= 128/68

=1.88

(b) Index on 1 Jan 2017 = 68

Index on 1 Jan 2018 = (41.08+ 48+ 70) / 1.88

= 159.08/1.88

=84.61

Hence:

Rate of return on the index for the year

2017

= (84.61 - 68) / 68 × 100

16.61/68×100

= 24.42%

7 0
4 years ago
Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be
faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales)  all in retail prices

= $123,000 +  $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 ×  (64,500 + 315,000)/(123,000 +  $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0
3 years ago
Though many aspects of private life and community life differ from culture to culture, in most developed countries business is c
Llana [10]

Answer:

Though many aspects of private life and community life differ from culture to culture, in most developed countries business is conducted in more or less the same way?

Successful businesses in developed countries are conducted in more better ways as a result of active policies that allows business to grow also consumers actions at the market are always top-notch which enables suppliers to give more output in order to make more profit  

Explanation:

5 0
4 years ago
(1) From the case above, identify four factors within the general environment of Jessops Group Limited..
kari74 [83]

Answer:

The four factors within the general environment of Jess-ops Group Limited are macroeconomic factor, technological factor, regulatory factor, and social factor.

Explanation:

The general environment can be described as the larger environment in which the company operate.

The four factors within the general environment of Jess-ops Group Limited are macroeconomic factor, technological factor, regulatory factor, and social factor.

Note: These factors are explained in the attached file as there was a difficulty in submitting the explanation here.

Download docx
4 0
3 years ago
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