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valkas [14]
3 years ago
5

Which of the following best explains the implications of a vertical lras curve?

Business
1 answer:
disa [49]3 years ago
3 0

Answer:

Answer B

Explanation:

The idea behind long-run aggregate supply is that the output economy produces depends on its resources and available technologies. Prices in the long run have time to adjust and they do so at the level equal to the economy's potential output. At this full employment output, economy is facing with natural rate of unemployment.

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Productivity measures Group of answer choices the changes in real wealth caused by price level changes the amount of capital goo
Juli2301 [7.4K]

Answer:

The correct answer is the last option: Real output per unit of input.

Explanation:

To begin with, in the microeconomics and business management field the concept known as "productivity" refers to the measurement related to the efficiency of production of goods or services and it is most commonly expressed as a ratio of an aggregate output to a single input so therefore that this index is very important to the companies and the governments in order to understand how the production can improve and more important how can evolve regarding the machinery and the inputs that either the business or the government.

6 0
3 years ago
____________ is a management application that takes a deterministic approach in evaluating decisions regarding current and futur
a_sh-v [17]

Answer:

Menu engineering

Explanation:

The interdisciplinary study of profitability and popularity of the strategic layout of menu items is referred to as menu engineering. It also deals with menu pricing, design, and content. A grid is also used to evaluate decisions regarding current and future menu content. It is also a management application.

5 0
3 years ago
Consider two neighboring island countries called Felicidad and Arcadia. They each have 4 million labor hours available per week
iragen [17]

Answer:

Felicidad 80 million Jean

Arcadie    32 million Rye

Explanation:

To know which is the best in Rye production we haveto pick the one with the least opportunity cost (the country which producing Rye decreases less the production of Jeans)

Felicidad Rye opportunity cost 20/5 = 4  Jeans

Arcadia Rye opportunity cost  16/8 = 2 jeas

Arcadie will be the country with comparative advantage for Rye as it renounce to less units of Jeans than Felicidad

<em><u>The best country for jean production will be Felicidad</u></em>

4m x 20 = 80m jean

<em><u>The best country for Rye will be Arcadia</u></em>

4m x 8 = 32m Rye

8 0
4 years ago
Buford Bus Manufacturing installs a new assembly line. As a result, the output produced per worker increases. The marginal cost
aivan3 [116]

Answer:

A. will increase (the MC curve will shift upward )

Explanation:

The marginal cost of production is the change in total production cost that comes from making or producing one additional unit of a commodity, hence Buford Bus Manufacturing installing a new assembly line and worker's output increasing per worker would increase the additional cost of production or marginal cost incurred by the company.

6 0
3 years ago
Speedy Delivery Company purchases a delivery van for $36,000. Speedy estimates that at the end of its four-year service life, th
OverLord2011 [107]

Answer: Straight line method is $7,400 per year.

Double declining balance method is $ 14,800 per year.

Explanation:

Depreciation on a straight line basis is calculated thus:

Cost - Residual value/ useful life

= (36,000 - 6,400)/ 4

= 7,400 per year

Depreciation on double declining method is calculated thus:

100% / useful life

100%/4 = 25

25%*2= 50%

Cost - residual value * 50%

36,000 - 6,400* 50%

29,600* 50%

=$14,800 for the first and second year

5 0
3 years ago
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