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3 years ago

The SRAS curve is upward rising because:

Business

1 answer:

alexandr1967 [171]3 years ago

6 0

Answer:

B) a higher aggregate price level leads to higher output since most production costs are fixed in the short run.

Explanation:

In the short run suppliers are willing to produce or supply more output at higher prices because their costs are fixed in the short run and in order to increase output they will need to face more fixed costs so they will only increase output if the prices increase so that they can be profitable. For example a cement factory producing at maximum capacity cannot produce more output as they will need to increase their capacity to do so, so when they increase their capacity their fixed costs rise and they will need to increase prices in order to be profitable, so in the short run only when prices increase, the producers will increase capacity or output.

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g The length of time a firm must wait to recoup, in present value terms, the money it has invested in a project is referred to a

Lorico [155]

payback period is the length of time a firm must wait so as to recover the money it has invested in a project.

Payback period is the length of time it takes a company to recover the money spent on a project.

The payback period can also defined as the period taken for an investor to reach break even. That is it is the period taken for the revenue to equal to the cost of executing a project.

Find out more at: brainly.com/question/13978071

7 0

3 years ago

Economic growth is __________.

Marrrta [24]

Economic growth is growth in a countries GDP, in general, but it should be noted that there are many other factors that can influence growth of a nation.

4 0

3 years ago

Big Game, Inc., is a manufacturer of hunting supplies. The following is a summary of the company's annual payroll-related costs:

grandymaker [24]

Answer:

(a) $9,435,000

(b) $5,230,000

(d) 1.80 or 180%

Explanation:

(a) Big Game's total payroll- Related costs for the year:

= wages and salaries expense + payroll taxes + workers compensation premiums + group health insurance premium + contributions to employees pension plan

= $7,430,000 + 580,000 + 250,000 + 725,000 + 450,000

= $9,435,000

(b) Net amount of cash actually paid to employees:

= wages and salaries earned - Amount withheld from the employees pay

= $7,430,000 - $2,200,000

= $5,230,000

= Total payroll related costs ÷ wages and salaries expense

= $9,435,000 ÷ $7,430,000

= 1.27 or 127%

(d) Express total payroll related costs as a percentage of employees take-home pay:

= Total payroll related costs ÷ Take home pay

= $9,435,000 ÷ $5,230,000

= 1.80 or 180%

8 0

4 years ago

The ________ states that it can be beneficial for two countries to trade without barriers as long as one is relatively more effi

Maslowich

Answer:

Comparative Advantage

Explanation:

The assumption of Comparative Advantage theory is that there is no barrier.

It is explained in the model that if each country focuses on what it does best relatively then both countries together can produce more of each good/service using all their labor.

Then they can trade with each other and benefit. (To trade they must produce what the other need)

8 0

3 years ago

On june 30, 20x1, after paying the semiannual interest due and recording amortization of bond discount, hake redeemed its 15-yea

Leokris [45]

Amount of interest expense on 30th June 20X1= Carrying Amount of Bond*Effective Interest Rate (For 6 Months)

=$940000*5/100

=$47000

Contractual Interest of the bond=Face Value*Contractual Interest

=1000000*4/100

=$40000

Thus, Carrying Amount of Bond=Carrying Amount|+Interest Expense-Interest Paid

Carrying Amount as on 30th June=940000+47000-40000

Carrying amount as on 30th June=$947000

Amount Paid to Redeem Bonds =$1020000

Gain/(Loss) on Redemtion of Bonds=Face Value-Amount Paid to Redeem Bonds

Loss on Bonds=-$73000

6 0

4 years ago