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Nesterboy [21]
3 years ago
5

Control based on the use of pricing mechanisms and economic information is referred to as:

Business
1 answer:
soldier1979 [14.2K]3 years ago
3 0
It is referred as market control<span />
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The aggregate demand curve is downward sloping because production costs decline as real GDP increases. is upward sloping because
egoroff_w [7]

Answer: shows the amount of real GDP that will be demanded at each possible price level.

Explanation:

The Aggregate Demand curve shows how much of real GDP is demanded at each possible price level which means that is shows the effect of the price level on real GDP.

If the price level rises, real GDP will decrease and if the price level falls, real GDP rises. This is why the aggregate demand curve is downward sloping, to reflect this inverse relationship between real GDP and price level.

7 0
3 years ago
The principal-agent problem arises when ________.
Paha777 [63]

Answer:

a. the owners of the firm also manage the firm

Explanation:

In domain of supply chain management and economics principal–agent problem can be regarded as one that occur when single person or an entity stand in the position of making decisions or in position of taking actions on behalf of another person/ entity Instance of this is real-life example where the way that companies are been owned and been operated. The owners of the company i.e "principal" of the company will be the one to elect a board of directors.

It should be noted that the principal-agent problem arises when the owners of the firm also manage the firm

3 0
3 years ago
When goods are produced at the lowest possible cost, an economy is said to have achieved:?
kondor19780726 [428]
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
4 0
3 years ago
Which of the following is not recommended for cooking fresh pasta
slava [35]

Answer:

Oil is not recommended for cooking fresh pasta

Explanation:

Oil is not recommended for cooking fresh pasta

Hope this helps

8 0
3 years ago
Read 2 more answers
Natural gas is often priced in units of dollars per therm. One therm equals 100,000 BTUs . A certain family uses 600 therms of e
ololo11 [35]

Answer:

-$28.8.

Explanation:

Note, we were told,

  • to assume the cost of a therm is $0.30
  • the family uses 600 therms of energy annually.

<u>Savings on old furnace:</u>

  • 600 * $0.30 * 0.80 (or written as 80%) = $144

<u>Savings on new furnace:</u>

  • 600 * $0.30 * 0.96 (or written as 96%) = $172.8

Difference: $144 - $172.8 = -$28.8.

7 0
3 years ago
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