When an economy has an increase in autonomous expenditure will results in a inflationary output gap.
<h3>What is Autonomous expenditure?</h3>
Autonomous expenditure refers to expenses that is incurred by a country.
It consist countries economy expenditure without the income.
Therefore, an economy starting at full employment real GDP, with an increase in autonomous expenditure results in decrease in autonomous expenditure results in a inflationary output gap.
Learn more on autonomous expenditure here,
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Answer:
total output.
Explanation:
for example, a company manufactures 10,000 units of A. Its total variable costs are $50,000, and its total fixed costs are $25,000.
The average variable cost = $50,000 / 10,000 = $5 per unit of A
The average fixed cost = $25,000 / 10,000 = $2.50 per unit of A
The average total cost = $75,000 / 10,000 = $7.50 per unit of A
Answer:
Process Breakdown Structure (PBS)
Explanation:
Since in the question it is mentioned that WBS should be best suited for design & construction projects so there is tangible results
now if the final result should be lower tangible so here the project manager should select the project breakdown structure as the process of the project should be driven via requirement of the performance but not with the plans or the blueprints
Answer:
4400
Increase
c. An index of 10,000 corresponds to a monopoly firm with 100% market share
Explanation:
Here are the options to the last question
Why is the largest possible value of the Herfindahl index 10,000 ?
a. An index of 10,000 corresponds to 100 firms with a 1% market share each
b. An industry with an index higher than 10,000 is automatically regulated by the Justice Department
c. An index of 10,000 corresponds to a monopoly firm with 100% market share
HHI index = 60² + 20² + 20² = 4400
If one of the firms leaves the industry, the market share would be distributed between the two firms and this would cause the HHI index to increase as firm's concentration would increase
If only one firm operates in the industry, its market share would be 100% and its HHI index would be 100² = 10,000. For an industry to exist there has to be at least one firm operating in the industry,
Answer: a.$275,000
Explanation:
Let us assume local production sales of 0 for simplicity of analysis.
At 0 there will be no Variable Costs and no fixed costs because they are dependant on the amount of units produced.
If then Rylan Corporation receives 25,000 units at $16 per unit this will change the Variable costs as it will have to incorporate the new units.
The question however says that normal production continues. This means that Fixed costs do not change. That means fixed costs remain at $0.
That means the only change will be the Variable costs of selling 25,000 units.
At a rate of $11 per unit we then have,
= 11 * 25,000
= $275,000
The costs have increased by $275,000 from 0 which means that $275,000 is the Incremental cost.
Note that Fixed and Variable costs of 0 are improbable and we're only used for simpler analysis. Feel free to try the question with other number of units for your own practice. You will arrive at the same answer regardless.
