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3 years ago

The short-run aggregate supply curve is positively sloped because:

Business

1 answer:

Varvara68 [4.7K]3 years ago

4 0

Answer:

(D) higher prices lead to higher profit and higher output.

Explanation:

When the price increase, the profitability of the firm increase, therefore firm produces more at high price. Hence at high price output increase. This is the reason why SRAS curve is positively sloped.

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Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should tak

torisob [31]

Answer:

Results are below.

Explanation:

Giving the following information:

Estimated direct labor hours= 135,000

Estimated varaible overhead= $337,500

Estimated fixed overhead= $540,000

To calculate the predetermined overhead rate, we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Variable:

Predetermined manufacturing overhead rate= 337,500/135,000= $2.5 per direct labor hour

Fixed:

Predetermined manufacturing overhead rate= 540,000/135,000= $4 per direct labor hour

3 0

3 years ago

A process with no beginning work in process, completed and transferred out 85500 units during a period and had 49400 units in th

AlekseyPX

Answer:

C. 95380 equivalent units

Explanation:

Equivalent units is the term used for proportionately equally completed units. This is basically used for allocation of overheads.

Here, actually completed that is 100% complete units = 85,500 units

Further units under work in process = 49,400

Which are 20% complete.

This means that incomplete 49,400 units = 49,400 $\times$ 20% = 9,880 units 100% complete

Thus, total equivalent units = 85,500 + 9,880 = 95,380 units.

8 0

3 years ago

Which of the following is not a goal of federal economic policy? full employment growth a high savings rate Keynesian economics

Ivan

Answer:

high savings rate

Explanation:

High savings rate is not a goal of federal economic policy. The goal of federal economic policy is to achieve full employment, economic growth and stable prices.

However 'high savings rate' is achieved when interest rates are increased in order to fight inflation and achieve 'stable prices' because people keep their money in the banks to take advantage of the benefit of earning interest BUT this is not always the case because 'higher interest rates' works against full employment by making it too costly for firms to borrow for investments which will definitely create jobs.

5 0

3 years ago

With a cost-oriented pricing strategy, a price setter stresses the ____ side of the pricing problem and the price is set by look

NeX [460]

The answer to the first unknown is the "COST SIDE" while the answer to the second unknown in the problem is "PRODUCTION AND MARKETING COST". Hence, with a cost-oriented pricing strategy used and implemented by many companies, a price setter stresses the COST SIDE of the pricing problem and the price is set by looking at the PRODUCTION and MARKETING COST.

6 0

3 years ago

Eldrick bought a certificate that allows him to apply for a tax deed after a certain period. what did eldrick purchase?

AnnyKZ [126]

The thing that Eldrick bought is called: Tax certificate
A tax certificate is a document that given to purchasers whenever they're biying an fixed asset (such as building , land, or other type of property).
The purchaser will obtain the right of the taxation account for the specific property and the tpayment will be transferred to the purchaser in the future

7 0

3 years ago