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3 years ago

A midyear burst of minimum-wage increases starts on July 1

Business

1 answer:

Vesnalui [34]3 years ago

6 0

Answer: B. decreases aggregate supply because firms' costs increase

Explanation:

The rise in the the minimum wage rate raise the production cost .

This tends to shift the aggregate supply curve leftwards because the profit margins of firm will decrease and that tends to decrease the production.( at each unite of production.)

Hence, the rise in the minimum wage <u>decreases aggregate supply because firms' costs increase .</u>

Therefore , the correct option is 'B'.

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Imagine you live on the planet Krypton. The loanable funds market on Krypton is thriving and life is good. However, the planet i

sergij07 [2.7K]

Answer: fall; decrease

Explanation:

People save in order to be able to consume in future. If it is discovered that there will be no fixture, there would be no need to save. The supply of loanable funds would therefore decrease as people stopped saving.

Because there is reduced loanable funds, less investments would be done as these require loanable funds. With less investments being done, the economic output will decrease.

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2 years ago

When the Federal Reserve aska for more money to be printed, which of the

dmitriy555 [2]

Answer:

A. The federal Reserve

C. The U.S. Treasury

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3 years ago

Read 2 more answers

Adding a new product line to an existing portfolio means that the line has __________________. A. increased product support ser

OLEGan [10]

Answer:

<u>B. extended product line length</u>

Explanation:

The product line is a pricing strategy refers to as the pricing line extension and its purpose is to attract new customers, who may or may not be familiar with the current standard product line.

Thus It adds a higher quality to the current products, considered as trading and forward stretch. Various features include the price lining, bundle pricing, bait pricing, leader pricing.

Supermarkets like Walmart and amazon can often apply stretch top product lines so s to often grade there products to ensure that all markets are covered as to gain the maximum interest from customers.

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3 years ago

Dr. Evil presents the sound of a buzzer to his pet rabbit, and he follows it with the delivery of a small electric shock. After

alexdok [17]

Answer:

Reconditioning

Explanation:

Reconditioning means to "condition again" so the rabbit will demonstrate and condition the fear of the buzzer again.

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3 years ago

Marle Construction enters into a contract with a customer to build a warehouse for $950,000 on March 30, 2021, with a performanc

Mandarinka [93]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, computation of the given data are as follows:

As probability is not correctly given.

Let probability be:

July 31, 2021 = 65%

August 7, 2021 = 25%

August 14, 2021 = 5%

August 21, 2021 = 5%

So, We can calculate the transaction price by using following formula:

Transaction price = (Amount + Bonus) × Probability

July 31, 2018 = ($950,000 + $50,000) × 65% = $650,000

August 7, 2018 = ($950,000 + $40,000) × 25% = $247,500

August 14, 2018 = ($950,000 + $30,000) × 5% = $49,000

August 21, 2018 = ($950,000 + $20,000) × 5% = $48,500

So, Total transaction price = $650,000 + $247,500 + $49,000 + $48,500

= $995,000

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3 years ago

A midyear burst of​ minimum-wage increases starts on July 1

A midyear burst of minimum-wage increases starts on July 1