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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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Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled

Mama L [17]

Answer:

country a

Explanation:

3 0

3 years ago

Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $11,300. He is single

FromTheMoon [43]

Answer:

1) social security taxes = (accumulated earnings - social security maximum) x 6.2% = ($139,370 - $128,070) x 6.2% = $700.60

2) medicare taxes = monthly earnings x 1.45% = $11,300 x 1.45% = $163.85

3) in order to calculate federal income taxes, I used the 2019 tables and allowance:

2019 allowance = $350 per person

monthly paycheck between $7,333 - $13,710

must withhold $1,198.46 plus 24% in excess of $7,333

federal income taxes under percentage method = $11,300 - $350 (1 monthly allowance 2019) = $10,950

$1,198.46 + [($10,950 - $7,333) x 24%] = $1,198.46 + $868.08 = $2,066.54

For 2020, there are no more personal allowances.

8 0

3 years ago

Any process that comes ito physical contact with the product that will be delivered to an external customer is …. Options Produc

Vikki [24]

The right answer for the question that is being asked and shown above is that: "Production process " Any process that comes ito physical contact with the product that will be delivered to an external customer is Production process

4 0

3 years ago

Kulka Corporation manufactures two products: Product F82D and Product T05P. The company uses a plantwide overhead rate based on

aleksandr82 [10.1K]

Answer:

Total manufacturing overhead cost for T05P $303,000

Explanation:

Using the ABC system, the amount of total manufacturing overhead cost would be assigned to Product T05P is:

1. 4,000 / 9,000 machine hours x $180,000.....$80,000

2. 90 / 250 set ups x $125,000............................$45,000

3. 1 / 2 products x $44,000....................................$22,000

4. 6,000 / 10,000 labor hours x $260,000......$156,000

Total manufacturing overhead cost for T05P $303,000

5 0

3 years ago

Partridge Co. can further process Product J to produce Product D. Product J is currently selling for $21 per pound and costs $15

kondaur [170]

Answer:

Differential cost= $9.25

Differential revenue= $16

Explanation:

As the name suggest, differential cost is the difference between the costs of two alternative options. Now in this question, Patridge Co. has two products, PJ AND PD, one of which (i.e PD) can be produced by further processing an already produced product (i.e PJ). But for the production of product D, Patridge Co. would have to incur additional cost of $9.25 per pound.

The formula for differential cost is as follows;

Differential cost= total cost of alternative J - total cost of alternative D

Differential cost= $15.75 - ($15.75+$9.25)

Differential cost= $9.25

Differential revenue is similarly the difference between the revenue generated by two alternatives. In this question product J sells for $21 whereas product D sells for $37 so the differential revenue would be as follows:

Differential revenue = revenue of alternative D - revenue of alternative J

Differential revenue= $37 - $21

Differential revenue= $16

7 0

3 years ago