The _________ price of an item is the promotional price of merchandise after a markdown.

According to the classical dichotomy, when the money supply doubles, which of the following also doubles?

masha68 [24]

Answer: Option (C) is correct.

Explanation:

Correct option: The price level and nominal wages.

According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.

A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.

7 0

3 years ago

Other things equal, cartels and similar collusive arrangements are easier to establish and maintain: Group of answer choices whe

katen-ka-za [31]

Answer:

Option "B" is the correct answer to the following question:

Explanation:

In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.

4 0

3 years ago

The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the w

egoroff_w [7]

Answer:

E) match its core competencies.

Explanation:

The Mayo Clinic's core competency is offering top-quality medical care. It is known around the world for providing great medical services and it has an extremely good reputation among medical personnel and patients as well.

By opening new facilities on different locations, the clinic is using its good reputation to increase the number of customers and also hire great human resources. This is something similar to what the Louvre Museum did on Abu Dhabi, anyone who loves great art will want to visit it just because its the Louvre (the most famous museum in the world).

7 0

3 years ago

During March, Zea Incorporated transferred $70,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $

Cerrena [4.2K]

The journal entry that can be used to record these transactions will be credit to finished goods of $67,000.

<h3>What is a journal entry?</h3>

A journal entry is simply used to record a business transaction in the accounting records of a business.

Since the company transferred $70,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $76,000, the journal entry that can be used to record these transactions will be credit to finished goods of $67,000.

Learn more about journal entry on:

brainly.com/question/14279491

4 0

2 years ago

Thornton Airline Company is considering expanding its territory. The company has the opportunity to purchase one of two differen

Mumz [18]

Answer:

The correct answer for first plane is 2.7 years and for second plane is 3 years and first plane should be accepted.

Explanation:

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

Payback period = Cost of first airplane ÷ Annual cash inflow

First plane cost = $13,770,000

Cash flow = $5,100,000

So, Payback period for first plane = $13,770,000 ÷ $5,100,000

= 2.7 years

Second plane cost = $27,900,000

Cash flow = $9,300,000

So, Payback period for second plane = $27,900,000 ÷ $9,300,000

= 3 years

First plane should be accepted as it has less payback period.

4 0

3 years ago