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STALIN [3.7K]
3 years ago
13

Exhibit 9-4 Refer to Exhibit 9-4. Assume the economy is self-regulating and currently is in long-run equilibrium with the price

level equal to P5. If something happens that shifts the AD curve to the AD1 position, the economy will eventually settle down at a long-run equilibrium point of __________. Question 6 options: P5, Q3. P4, Q4. P3, Q3. P3, Q5. P4, Q2.

Business
1 answer:
natali 33 [55]3 years ago
6 0

Answer:

<h3>P3 and Q3 </h3>

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

Explanation:

Exhibit 9-4 Refer to Exhibit 9-4.

Assume the economy is self-regulating and currently is in long-run equilibrium with the price level equal to P5.

If something happens that shifts the AD curve to the AD1 position, the economy will eventually settle down at a long-run equilibrium point of __________. Question 6 options: P5, Q3. P4, Q4. P3, Q3. P3, Q5. P4, Q2.

<h3>P3 and Q3 </h3>

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

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Answer:

Manufacturing overhead rates based on direct labor will increase and the total overhead itself will increase as a result of the increased use of equipment instead of direct labor.

Explanation:

When overhead rates are based on direct labor and automated equipment replaces direct labor, the number of direct labor hours will decrease.  This will cause an increase in the predetermined overhead rates since fewer direct labor hours will now divide the same or even an increased level of overhead.  Even the overhead costs will increase from the replacement of direct labor with equipment.

6 0
3 years ago
"espedal" How do strategic leaders manage their firm’s resource portfolio effectively to exploit its core competencies and lever
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Strategic leaders manage the organization's resource portfolio effectively to exploit its core competency by organizing them into capabilities, structuring the organization to use the capabilities, and developing and implementing a strategy to leverage its human capital and social capital resources to achieve a competitive advantage.

Strategic leadership is required to help firms successfully navigate the dynamic and uncertain environment in which they need to compete today.

Human capital is the firm's repository of valuable knowledge and skills whereas social capital provides access to critical resources.

Human capital is the organization’s intellectual capital, which includes competencies, knowledge, skills and creativity.

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8 0
2 years ago
The signaling aspect of the market system refer to:______
Tanya [424]

Answer:

The correct answer is letter "A": the price of the good to the consumer and producer.

Explanation:

While talking about markets in Business, signaling refers to the asymmetry of information between buyers and sellers. Usually, sellers provoke a buying pattern in consumers because of a piece of information that is unknown by other parties. Individuals providing that information are called <em>insiders</em>.

Thus, <em>signaling is an aspect of the market system inherent to the price that influences in the behavior of buyers and sellers.</em>

6 0
4 years ago
The United States agricultural marketplace, has noticed a trend toward more of a business orientation among large farmers, as op
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Answer:

The answer is: PEST Analysis

Explanation:

PEST (Political, Economic, Social, and Technological) Analysis  are carried out to determine:

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4 0
3 years ago
You want to have $18,000 in 9 years for a dream vacation. If you can earn an interest rate of .5 percent per month, how much wil
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Answer:

$10,503.59

Explanation:

This question requires us to find how much you have to deposit today if:

Fv = 18,000

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I/y = 0.5%

PV = $18,000 / 1.005^108

= $10,503.59

Therefore what you have to deposit today is $10,503.59

5 0
3 years ago
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