Answer:
The answer is "increase; LRAS curve to the right".
Explanation:
The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.
Answer:
I think it's a income tax
Answer:
$21,000
Explanation:
initial investment $25,000
we need to determine the expected value of every possibility:
- $15,000 loss ⇒ 20% x $10,000 = $2,000
- $29,000 loss ⇒ 15% x $5,000 = $750
- $40,000 gain ⇒ 5% x $65,000 = $3,250
- break even ⇒ 60% x $25,000 = $15,000
total expected value = $21,000
Answer:
Celebruity has a unit contribution margin of $35 ($100-$62-$3), currently.
Celebrity will have a unit contribution margin of $42.25 =($110-$62-$2.75) whit the changes.
This is an increase of $10.25 in the unit contribution margin.
Sales volume remains to be the same at 150 units ($15000 / $100), so the effect on contribution margin is $1537.50 = (150 X $10.25).
The contribution margin increase equals the net income increase, $1537.5 because the costs remain the same
Answer:
the amount of goods that are produced. -the capital required to build the factory. -the unlimited wants of the consumers. -the resources consumed in production.
