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netineya [11]
3 years ago
8

If consumption increases, a) the SRAS curve will shift rightward, which will push the price level up. b) the SRAS curve will shi

ft leftward, which will push the price level up. c) the AD curve will shift leftward, which will push the price level down. d) the AD curve will shift rightward, which will push the price level up.
Business
1 answer:
SSSSS [86.1K]3 years ago
3 0

Answer: Option (d) is correct

If consumption increases, the AD curve will shift rightward, which will increase the price level.

Explanation:

If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.

Because there is more demand in the economy which gives an advantage for the producer to charge higher price.

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The balance sheet of Indigo Company at December 31, 2019, includes the following. Notes receivable $54,600 Accounts receivable 1
Alchen [17]

Answer:

Prepare the journal entries for above accounts

Explanation:

1. Cash   Dr.147,000

   Sales Discount Dr.1,314

   A/R                                   Cr.148,314    

2. Account  Receivable     Dr.5,620

    Disallowance for Bad debts        Cr.5,620

3.  Allowance for Doubtful Accounts  Dr.26,900

    Account Receivable                        Cr.26,900

4.  Bad Debts Expense    Dr.26,900

    Allowance for Doubtful Accounts   Cr.26,900

             

8 0
3 years ago
Companies such as starbucks and ibm are businesses that serve customers and suppliers wherever in the world they may be located
ddd [48]

The answer is :Globalization

Globalization refers to the situation when we able to integrate all of the resources and communication among all people in the world, not limited to country's border.

Globalization could only occurs after advanced technological development that allow people from other countries to make contact with one another in a fast and efficient way.


3 0
3 years ago
I now have $23,000 in the bank earning interest of .50% per month. I need $33,000 to make a down payment on a house. I can save
Elena-2011 [213]

Answer:

41.92 months

Explanation:

In this question, we use the NPER formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $23,000

Future value = $33,000

Rate of interest = 0.50%

PMT = $100

The formula is shown below:

= NPER(Rate;-PMT;-PV;FV;type)

The present value and the PMT comes in negative

So, after solving this, the answer would be 41.92 months

8 0
3 years ago
a retailer has been selling 2800 tablet computers a week at $250 each. the marketing department estimates that an additional 80
Nataly_w [17]

From the given information, The demand function is (P) = -x/8 + 600. The demand function illustrates the causal connection between the quantity of a commodity that is demanded and its numerous determinants.

The demand function is given by P - P1 = m(x-x1)

Since, m = -10/80    (i.e. additional 80 tablets every $10)

P1 = $250, x1 = 2800

So, P - 250 = -1/8 (x - 2800)

P = -1/8 + 350 +350

P = -x/8 + 600

Hence, the demand function (P) = -x/8 + 600

  • One variable's connection with its determinants is described by the demand function. It explains how much of a certain amount of products is bought at various prices for that good and its related goods, various income levels, and various values for other demand-affecting variables.

There are two categories of demand function:

  • The linear demand function
  • Nonlinear Demand Function

Without needing to create a demand function graph, an algebraic formula for constructing demand curves is known as a linear demand function.

Demand function with nonlinearity. The slope of the demand curve (P/Q), in a nonlinear or curved demand function, varies along the demand curve.

Learn more about Demand function, here

brainly.com/question/28198225

#SPJ4

5 0
1 year ago
A consumer products company produces inexpensive goods in underdeveloped markets, then repackages them as cost-effective innovat
Sholpan [36]

Answer:

FALSE.

Explanation:

When a consumer products company produces inexpensive goods in underdeveloped markets, then repackages them as cost-effective innovations for Western buyers. This is not an example of glocalization because glocalization is the term which is the combination of two terms; localization and globalization. In glocalization, global products are offered to the customers with the local modifications. For example, Pizza Hut has launched Tikka Pizza, Behari Pizza and Achari Pizza in India and Pakistan, which is the perfect example of glocalization. Putting it simply we can say that "thinking globally and acting locally."

3 0
3 years ago
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