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katrin2010 [14]
3 years ago
14

A fall in the price level: Multiple Choice reduces the value of money in peoples' pockets, so people buy less goods. reduces the

value of money in peoples' pockets, so people buy more goods. increases the value of money in peoples' pockets, so people buy more goods. increases the value of money in peoples' pockets, so people buy less goods.
Business
1 answer:
sladkih [1.3K]3 years ago
7 0

Answer:

increases the value of money in peoples' pockets, so people buy more goods.

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If price level falls, the value of money rises as a consumer would be able to buy the same basket of goods at a reduced price. This would induce a consumer to buy more goods.

A rise in price levels reduces the value of money in peoples' pockets, so people buy less goods. 

I hope my answer helps you.

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Kent Manufacturing produces a product that sells for $50.00 and has variable costs of $24.00 per unit. Fixed costs are $260,000.
ziro4ka [17]

Answer:

$29.50

Explanation:

The computation of the contribution margin per unit is shown below:

Contribution margin per unit = Selling price per unit - Variable cost per unit

where,

Selling price per unit is $50

And, the variable cost per unit = $24 - $3.5 = $20.5

Now put these values to the above formula  

So, the value would equal to

= $50 - $20.5

= $29.50 per unit

8 0
3 years ago
Dave klein is a produce farmer in northern california. his major customers are grocery stores in the midwest. dave's product is
ss7ja [257]
Given that <span>Dave Klein is a produce farmer in Northern California. His major customers are grocery stores in the midwest. Dave's product is a perishable item and will only last for about 2 weeks after it has been picked, so Dave is concerned with getting his product to his customers quickly. he ships almost daily when his produce is in season. However, he also needs to be aware of the cost of shipping.

The form of shipping Dave will most likely use is truck.</span>
4 0
3 years ago
Larson Lumber makes annual deposits of $500 at 6% compounded annually for 3 years. What is the future value of these deposits?
Oliga [24]

Answer: $‭1,591.8‬0

Explanation:

This is an annuity as the deposits are constant.

The Future value of an annuity is;

= Annuity * Future value interest factor of annuity, 6% , 3 years

= 500 * 3.1836

= $‭1,591.8‬0

6 0
3 years ago
Which policy tools are considered automatic stabilizers?
V125BC [204]

In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;

  • A progressive income tax structure
  • Government unemployment benefits

At times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.

They help to increase the flow of money in the economy when it is passing through difficulties like recessions.

Learn more here:

brainly.com/question/24276941

6 0
3 years ago
How is one product determined to specialize in between the two
Paraphin [41]

Answer:

Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. Many countries, for example, specialize in producing the goods and services that are native to their part of the world, and they trade them for other goods and services.

Mark it as Brainliest  if it helps!!!

8 0
3 years ago
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