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Semenov [28]
3 years ago
15

The Keynesian LRAS Curve is composed of three phases. The LRAS Curve is nearly vertical in the third phase. What does this mean?

Business
1 answer:
kogti [31]3 years ago
8 0
C.

This is because all resources are almost being used and to their full potential, therefore there are few idle resources and thus is efficiency.
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Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $ 5,870,000
Elenna [48]

Answer:

$2.80 per chair

$2.25 per table

Explanation:

If cost is assigned at a rate based on direct labor hours, the total disposal cost for chairs and tables is, respectively:

D_c=\frac{254,000}{16,400+254,000}*\$630,000=\$591,789.94\\D_t=\frac{16,400}{16,400+254,000}*\$630,000=\$38,210.06\\

The respective disposal cost per unit is:

C = \frac{\$591,789.94}{211,000}=\$2.80/chair\\ T=\frac{\$38,210.06}{17,000}=\$2.25/ table

5 0
3 years ago
Read 2 more answers
It is difficult to predict the behavior of oligopolistic firms because
Alexeev081 [22]

Answer:

there is an interdependency of oligopolistic decisions on each other.

Explanation:

In an oligopolistic industry, firms have a sizable portion of the markets. This means that when an oligopolistic firm in the industry changes its price or changes its market strategy, it will most likely have effects on the other firms in that industry.

Cheers.

4 0
3 years ago
A firm just paid its annual dividend of $1.80 and expects to increase that dividend each year. The discount rate is 11 percent.
Digiron [165]

Answer:

d. Po = $1.80/(0.11 -0.025); The value of D1, is incorrect as $1.80 equals Do.

Explanation:

Calculation to correctly identifies which one of these is an error when computing the current value of this firm's stock

P0 = $1.80/(0.11 - 0.025)

P0 = $1.80/0.085

P0=$9.76

Therefore Based on the information given Po = $1.80/(0.11 -0.025); because The value of D1, is INCORRECT as $1.80 equals Do.

8 0
3 years ago
In attempting to release her anger, Jean repeatedly punches a pillow. This targeted aggression is an example of:_____
Marrrta [24]

Answer:

Displaced aggression

Explanation:

An aggression is defined as an intentional action or a behavior with the aim or goal is to harm another person.

Displaced aggression is simply an aggressive behavior or an action directed towards person/object that is not original source of provocation in the first instance. Humans simply wants to vent out their emotions so as not to bottle it up or do any thing bad so instead of commiting something that is against their intentions or the law, they tends to pass their aggression towards object or others.

7 0
3 years ago
In general, quick-service restaurants and medium- and low-priced hotels/motels are considered to be:
marissa [1.9K]
Affordable place to live for few days
8 0
3 years ago
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