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]
3 years ago
12

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

Business
1 answer:
anastassius [24]3 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
Retailer opened a baseball card store in vacant prem- ises next to an existing store. The card shop was very busy on opening day
shtirl [24]

Answer:

No

Explanation:

This was a mistake on the retailers part for not training the clerk. The clerk would be at fault and may have to pay or have a paycheck reduction due to his mistake.

3 0
3 years ago
Total and Unit Product Cost Martinez Manufacturing Inc. showed the following costs for last month: Direct materials $7,000 Direc
Sav [38]

Answer and Explanation:

1. The classification of estimated manufacturing overhead is shown below:-

Direct materials =  Product cost

Direct labor = Product cost

Manufacturing overhead = Product cost

Selling expense = Period cost

2. The computation of total product cost for last month is shown below:-

= Direct materials + direct labors + manufacturing overhead

= $7,000 + $3,000 + $2,000

= $12,000

3. And, the unit product cost is

= Total product cost ÷ number of units

= $12,000 ÷ 4,000 units

= $3 per unit

5 0
3 years ago
What was one positive effect of economic globalization?
kiruha [24]
A positive impact of economic globalization is the economic integration. The world as a global village has experienced an unprecedented level of economic integration in the sense that many companies across a wide range of countries have been able to propose a variety of products to the world, which would have been very difficult or even impossible in a context of locally based or centred economy.
5 0
3 years ago
Read 2 more answers
Joseph is instructed by his employer, Helen, to go to the local donut shop during his lunch break and purchase six-dozen donuts
salantis [7]

Answer:

B. False.

Explanation:

Helen instructed Joseph during his active working hour does not matter if he is on his lunch break or not, so Joseph is entitled to workers compensation.

6 0
3 years ago
john chapelle wants to know if his video store customers are interested in a selection of classic, black and white movies. how c
jeka57 [31]
It is important to keep the questionnaire really short, probably just one good question or a checkbox list would suffice. Hand out the questionnaire once they buy or rent the cds/dvds at the counter. They shall answer it out while you process the receipt and give change. This should come around smoothly and won't be much of a hassle for the customer.
4 0
3 years ago
Other questions:
  • Which of the following scenarios is a circumstance in which it would be ethical to practice confidentiality?
    11·2 answers
  • An income level below that which is needed to support families or households
    11·1 answer
  • All of the following are ethical sources of data for external analysis EXCEPT: a. trade shows. b. a competitor's help-wanted adv
    7·1 answer
  • You work for a full-service salon and day spa and are writing a sales message targeted for working women. You describe your spa'
    7·1 answer
  • ___________ is a collection of materials and products of value that a company purchases to either create or provide a product or
    9·1 answer
  • Martha used a SWOT analysis to assess her own internal business plan. Her store would cater to students who could also use the l
    8·1 answer
  • Which sentence is​ correct?
    7·1 answer
  • When robbers consider the selection of a target, they consider how lucrative an establishment is and _____________
    8·2 answers
  • International ________ are principles, norms, rules, and decision-making procedures around which there is a convergence of actor
    5·1 answer
  • You have set up an appointment for an in-home sales presentation with mrs. Fernandez, who expressed interest in the medicare pla
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!