Answer:
Option 1 - The long-run aggregate supply curve is very sensitive to changes in the price level.
Explanation:
The long-run aggregate supply curve, LRAS, is a curve that reveals the relationship between the price level and real GDP that would be supplied if all prices, including nominal wages, were fully flexible; price can change along the LRAS, but the output cannot because output reflects the full-employment output.
Therefore, the long-run aggregate supply curve is very sensitive to changes in the price level.
Answer:
Contingent means "depending on certain circumstances." If a house is listed as contingent in real estate it means that an offer has been made and accepted, but before the deal is complete some additional criteria must be met.
Explanation:
Hope this helps! (I just looked it up) Good luck!!
Answer:
b. Greenwashing
Explanation:
Greenwashing refers to misleading customers by portraying fake compliance with environmental laws by a company. In such cases the company at fault showcases it's products as environmental friendly, made using natural ingredients which actually is not the case.
Misleading refers to employing fraudulent practices intended to deceive the customers with an intention to increase the sales volume.
In the given case, the company in question labelled it's products as environmental friendly despite knowing such is not the case as the facts suggest otherwise.
Thus, this is a case of Greenwashing.
Answer:
I have no clue
Explanation:
I need to answer something bc I'm new sorry
Answer:
Dr Cash 1020
Cr Service revenue 1000
Cr Service fee 20
Explanation:
Service fee is expense of individual who is purchasing not store's expense.
- Total cash received by store is $ 1020 because 2% is service charges by master card,its is income of master card not store so store will treat as liability.
The only revenue of store is $1000.