1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
a_sh-v [17]
3 years ago
5

The long-run aggregate supply curve a. is vertical. b. is a graphical representation of the classical dichotomy. c. indicates mo

netary neutrality in the long run. d. All of the above are correct.
Business
1 answer:
Gennadij [26K]3 years ago
7 0

Answer:

The correct answer is option d.

Explanation:

The long-run aggregate supply curve is a vertical straight line. This is because, in the long run, the output level is not affected by price changes. Instead, output level changes with the changes in the state of technology and level of inputs. In the long run, when price level increase, the factor prices or price of inputs will increase as well. So there will be no change in output due to the change in the price level.  

The vertical long-run aggregate supply curve also reflects classical dichotomy that in the long run, when all the resources will be fully employed, an increase in the aggregate demand cause the price level to rise while supply remains constant.

It also indicates that monetary policy only affect the price level, the economic output remains constant.

You might be interested in
Which of the following statements about the free market is correct?
BARSIC [14]
C!! :) the free market provides people with the goods they wabt at thr price they're willing to pay
3 0
3 years ago
The sales budget for Modesto Corp. shows that 12,000 units of Product A and 14,000 units of Product B are going to be sold for p
Mamont248 [21]

Answer:

Total product A Sales = $132000

Total Product B Sales = $182000

Total Sales of Both Products = $314000

Explanation:

The Product A sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product A

Total Product A Sales = 12000 x $11 = $132000

The Product B sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product B

Total Product A Sales = 14000 x $13 = $182000

Total sales of Both product = Total Product A Sales + Total Product B Sales

Total Sales of Both Product = $132000 + $182000 = $314000

The budgeted sales for the Modesto Corp. is $314000

4 0
3 years ago
When a serious customer injury occurs due to product contamination, you need to make contact with your DL and QA within
klemol [59]

Serious injuries due to product contamination need to be reported within a day or 24 hours to DL and QA

Product contamination occurs as a product is in contact with a chemical, bacteria, fungi, etc., or any other substance that is not part of the regular composition of the product.

Product contamination is a serious issue that can lead to disease, accidents, and even death. Due to this, if product contamination occurs and this causes an injury this needs to be reported as soon as possible, usually within 24 hours.

This is important because the company that produces the product can:

  • Provide a solution or compensation to victims.
  • Find the cause of contamination.
  • Prevent serious injuries in other users.

Moreover, this should be reported to areas such as Quality Assurance (QA) that verify the quality of products.

Learn more in: brainly.com/question/2600140

7 0
2 years ago
Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices
Dominik [7]

Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

5 0
3 years ago
The set of skills and knowledge needed to make informed decisions about
Diano4ka-milaya [45]
True
I’m pretty sure
4 0
3 years ago
Other questions:
  • "Simon has to create a long formal proposal. However, he is aware that today's readers are pressed for time and need help findin
    15·2 answers
  • A ________ is a list of duties and capabilities required for a particular job.
    13·1 answer
  • According to the video, which terms best describe the role of General and Operations Managers? Check all that apply. documented
    9·2 answers
  • Find the interest rate for a $5000 deposit accumulating to $7647.81, compounded quarterly for 9 years.
    7·1 answer
  • A drive through liquor store estimates that customers arrive in their cars at the rate of 10 per hour. The cashier can serve cus
    11·1 answer
  • The CEO of Fly Corporation decides to change an accounting method at the end of the current year. The change results in reported
    10·1 answer
  • Which of the following is a characteristic of a for-profit healthcare facility?
    10·1 answer
  • A simple random sample of 700 individuals provides 200 Yes responses. a. What is the point estimate of the proportion of the pop
    11·1 answer
  • The _____ person standard is the test used to determine if a person owes a duty of care to another person.
    12·2 answers
  • Angelica (23 years old) studied dance in college and graduated a year ago. She currently works as a dance instructor at a high s
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!