1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stealth61 [152]
2 years ago
12

For each of the following scenarios, determine the effect on aggregate supply.

Business
1 answer:
anastassius [24]2 years ago
4 0

Answer:

(a) Option (c) is correct.

(b) Option (b) is correct.

Explanation:

(a) If there is an unexpected decrease in the oil prices (Positive supply shock) then as a result this will reduce the cost of production of the firms and hence, there is an increase in the supply of the goods. This will shift the aggregate supply curve rightwards.

(b) If all the producers are required to contribute more towards the heath insurance coverage (negative supply shock) then as a result this will increase the cost of production of the producers. So, this will lead to decrease the supply of the goods and also, shift the supply curve leftwards.

You might be interested in
Based on the industry-low, industry-average, and industry-high values for the benchmarked data on p. 7 of the FIR, which one of
BARSIC [14]

Answer:

The Correct answer is "The Company’s cost of branded pair sold in the Asia-Pacific region was barely below the industry average".

Explanation:

At the point when the working benefits of the Company's Cost of branded pair sold in the Asia-Pacific district is below the normal of industry-high qualities, the organization's expense of branded pair sold in that area turns out to be subsequently a legitimate sign that there is positively Company's too high relative expense in atleast one components that it enjoys.

3 0
3 years ago
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build
Nataly [62]

Po = 0.5385, Lq = 0.0593 boats, Wq = 0.5930 minutes, W = 6.5930 minutes.

<u>Explanation:</u>

The problem is that of Multiple-server Queuing Model.

Number of servers, M = 2.

Arrival rate, \lambda= 6 boats per hour.

Service rate, \mu= 10 boats per hour.

Probability of zero boats in the system,\mathrm{PO}=1 /\{[(1 / 0 !) \times(6 / 10) 0+(1 / 1 !) \times(6 / 10) 1]+[(6 / 10) 2 /(2 ! \times(1-(6 /(2 \times 10)))]\} = 0.5385

<u>Average number of boats waiting in line for service:</u>

Lq =[\lambda.\mu.( \lambda / \mu )M / {(M – 1)! (M. \mu – \lambda )2}] x P0

= [\{6 \times 10 \times(6 / 10) 2\} /\{(2-1) ! \times((2 \times 10)-6) 2\}] \times 0.5385 = 0.0593 boats.

The average time a boat will spend waiting for service, Wq  =  0.0593 divide by 6 = 0.009883 hours = 0.5930 minutes.

The average time a boat will spend at the dock, W =  0.009883 plus (1 divide 10) = 0.109883 hours = 6.5930 minutes.

4 0
2 years ago
In a fractional reserve banking system: Group of answer choices banks create money by printing it. banks create money by making
r-ruslan [8.4K]

Answer:

the size of M1 can only be a fraction of checkable deposits.

Explanation:

fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.

M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.

3 0
3 years ago
PLS HELP!!! Credentials are an official verification, from an accredited source, attesting to capability.
romanna [79]

Answer:

False

Explanation:

Credentials are an official verification, from an accredited source, attesting to capability. Credentials are an official verification, from an accredited source, attesting to capability.

6 0
2 years ago
What is the best scam ever in Business
mixas84 [53]

Like toys r us it failed because they always had low costs and low profits from their toys.

6 0
2 years ago
Read 2 more answers
Other questions:
  • If the expected sales volume for the current period is 25,000 units, the desired ending inventory is 700 units, and the beginnin
    13·1 answer
  • Wattan Company reports beginning inventory of 25 units at $39 each. Every week for four weeks it purchases an additional 25 unit
    13·1 answer
  • Flo tells ginger during a phone call that she will buy her textbook from last semester for $65. ginger agrees. these parties hav
    14·1 answer
  • In skill-based pay systems, performance measures are primarily based on _____.A. supervisor's appraisalB. individual productivit
    11·1 answer
  • For a class project, you measure the weight in grams and the tail length in millimeters of a group of mice. The correlation is r
    7·1 answer
  • The distribution of the amount of a customer’s purchase at a convenience store is approximately normal, with mean $15.50 and sta
    9·1 answer
  • Cash sales 12,650 ,COS 10,000<br>journal entry?​
    8·1 answer
  • Which best describes the similarity and differences between the Construction pathway and the Maintenance/Operations pathway?
    9·1 answer
  • Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing ch
    6·1 answer
  • The growth of industry is related to the growth of immigration in the late 19th century because:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!