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Brums [2.3K]
3 years ago
5

At the point where actual inflation is equal to expected inflation

Business
1 answer:
Yuri [45]3 years ago
6 0

Answer: The short run Phillips curve intersects the long run Phillips curve.

Explanation: The Phillips curve states that unemployment and inflation have an inverse relationship. This means that they move in opposite directions, I.e. If inflation increases then unemployment decreases and vice versa.

In the graph attached the short run Phillips curve is L - shaped and shows the inverse relationship between both variables initially. The long run Phillips curve is a vertical line, and shows that unemployment rate remains steady regardless of inflation rate, in the long term. Where these 2 lines intersect is where actual inflation and expected inflation are the same.

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Management is considering using a new component that would increase the unit variable cost by $50. Since the new component would
katrin [286]

Answer:

Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.

Explanation:

The contribution margin is equal to: Revenue - Variable Costs.

We already know that the variable cost will be increased by $50 once new component is added, and that monthly sales are expected to increase by 500 units after that.

Depending on the price of the product, the amount sold, and the variable costs, we get the contribution margin, and this contribution margin will be exactly the same as the overall effect on the net operating income.

7 0
3 years ago
considering synonymthe web 2.0 is not a new and improved version of the internet. which of the following alternate names most ac
Ludmilka [50]
<span>WWW , also referred as Web 1.0 is the traditional World Wide Web and </span>Web 2.0 is the current state of online technologies.
The biggest difference between Web 2.0 and Web 1.0 is the greater collaboration among Internet users, content providers and enterprises (websites that enable community-based input, interaction, content-sharing and collaboration). At Web 1.0 <span>data was posted on Web sites, and users simply viewed or downloaded the content. </span> Web 2.0 offers<span> more dynamic Web that is more organized and is based on </span>serving Web applications<span> to users.</span>
7 0
4 years ago
Jeremy owns a muffler shop in a large city. He provides services such as muffler repair, replacement, and minor car repair work.
ss7ja [257]

Answer:

B) Jeremy is facing a moral, legal, and ethical decision.

Explanation:

Jeremy knows that what he is doing is not legal, since the legal limit for exhaust system noise is 95 decibels and he will alter the cars muffler so that it reaches 125. Besides that, he faces moral and ethical dilemmas because his business is not doing well and his son has just been diagnosed with cancer and he needs money and a lot of it.

5 0
3 years ago
Individuals with the primary responsibility for administering the systems that house the information used by the organization pe
Angelina_Jolie [31]

Answer:

"System administrators" is the right approach.

Explanation:

  • The system administrator seems to be an entity that maintains or operates a multi-standard technology environment and ensuring that Its resources and operating structures operate consistently and optimally.
  • It has been used throughout the broad organization to identify each administrator concerned for such a specialized IT system, including one which services servers.
3 0
4 years ago
For normal goods, the demand curve is: A. upward sloping only if the income effect is larger than the substitution effect. B. al
Kruka [31]

Answer:

B) always downward sloping.

Explanation:

The demand curve for normal goods is always downward sloping because of a combination of three factors:

  1. the purchasing power of the customers decrease and if the price of a product increases, consumers will be able to buy less even if they don't want to
  2. consumer surplus decreases since the difference between how much a consumer is wiling to pay for the good and its actual price decreases or even becomes negative, so they will not be willing to purchase it
  3. as the price of normal goods increases, consumers will tend to increase the quantity demanded for substitute products

6 0
3 years ago
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