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Butoxors [25]
3 years ago
9

What does it mean to characterize prices as sticky? that the aggregate price level tends to fluctuate wildly that prices do not

change very easily that the aggregate price level is fixed that prices change frequently and there are few barriers to price movements that it is very difficult for policy makers to manipulate the aggregate price level
Business
1 answer:
lina2011 [118]3 years ago
8 0

Answer:

that prices do not change very easily

Explanation:

In simple words,Price tightness or fixed prices or price resistance relates to a condition in which the value of a product does not instantly or readily adjust to the new business-clearing level as market forces of demand as well as  supply curve changes.  

The existence of price stickiness can be interpreted as an crucial part of macroeconomic analysis because it can clarify why short-term or even, probably, long-term markets do not achieve equilibrium.            

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What is exporting?<br> ..........
serg [7]

Answer:

business owners or even countries who sell thier goods to others

7 0
3 years ago
When computing the present discounted value (pdv) of a future stream of labor income, an increase in the interest rate will redu
JulijaS [17]

For a given period of time, as the discount rate increases, the present value factor decreases.

<h3>What is discounted present value?</h3><h3>Discount Rate for Finding Present Value</h3>

The discount rate is the investment rate of return that is applied to the present value calculation.

In other words, the discount rate would be the forgone rate of return if an investor chose to accept an amount in the future versus the same amount today.

<h3>Why present value is important?</h3>

Present value is important because it allows investors to compare values over time.

PV can help investors assess future financial benefits of current assets or liabilities.

Used in areas like financial modeling, stock valuation, and bond pricing, based on its future returns, investors can calculate present value.

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7 0
2 years ago
Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s
algol13

Answer:

Jan. 1 Inventory 15,000 units at $60.00

Mar. 18 Sale 12,000 units

Cost of goods sold = 12,000 x $60 = $720,000

Inventory balance = $60 x 3,000 = $180,000

May 2 Purchase 27,000 units at $62.00

Aug. 9 Sale 22,500 units

Cost of goods sold = [($180,000 + $1,674,000) / 30,000] x 22,500 = $1,390,500

Inventory balance =  [($180,000 + $1,674,000) / 30,000] x 7,500 = $463,500

Oct. 20 Purchase 10,500 units at $64.20

8 0
3 years ago
Dr. Lum teaches part-time at two different community colleges, Hilltop College and Serra College. Dr. Lum can teach up to 5 clas
Scrat [10]

Answer:

2 classes at Hilltop, 3 classes at Serra; and $20,600

Explanation:

We can generate two equations from the problem

Equation 1: Dr. Lum can teach up to 5 classes per semester at both colleges. If 'h' represents the number of classes taken at Hilltop College, and 's', the number of classes taken at Serra College,

<em>Equation 1 becomes: h + s = 5</em>

<em></em>

Equation 2: Dr. Lum spends 3 hours per week preparing for Hilltop classes, and 4 hours for Serra classes, subject to a maximum of 18 hours per week.

<em>Equation 2 becomes: 3h + 4s = 18</em>

Now solving using substitution method,

We can derive an equation 3 from equation 1, as follows.

<em>Equation 3: h = 5 - s.</em>

Substituting equation 3 into equation 2, equation 2 becomes

3(5 - s) + 4s = 18

= 15 - 3s + 4s = 18

= 15 + s = 18

= s = 3.

With s = 3, using equation 3, h = 5 - 3 = 2.

Therefore, Dr. Lum should teach 2 classes at Hilltop, and 3 classes at Serra.

His income will be

$4,000 (2) + $4,200 (3)

= $20,600.

3 0
3 years ago
A company has a unit contribution margin of $190 and a contribution margin ratio of 40%. what is the unit selling price
myrzilka [38]

I'm pretty sure it's 76 because 40% has to be turned into a decimal which is 0.4 and then you multiply that by 190 and you get 76

7 0
3 years ago
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