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Sloan [31]
3 years ago
7

The aggregate supply curve can be viewed two different ways , the Long run and short run. which of the following occurs during a

short-run?
A. wages are always dropping in the short-run
B. wages are always rising in the short-run
C. wages are flexible in the short-run
Business
1 answer:
AnnZ [28]3 years ago
8 0

The aggregate supply curve can be viewed two different ways , the Long run and short run. A. wages are always dropping in the short-run occurs during a short-run.

Explanation:

  • Aggregate supply in the short run is best defined as the total production of goods and services available in an economy at different price levels while some resources to produce are fixed.
  • The short-run aggregate supply curve is upward sloping because the quantity supplied increases when the price rises. In the short-run, firms have one fixed factor of production
  • When the curve shifts outward the output an real GDP increase at a given price.
  • In the short-run, examples of events that shift the aggregate supply curve to the right include a decrease in wages, an increase in physical capital stock, or advancement of technology. The short-run curve shifts to the right the price level decreases and the GDP increases.
  • The short-run aggregate supply equation is: Y = Y* + α(P-Pe).
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Fixed cost per mile 0.32 =(1600+1200+360+40)/10000.

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The car is kept in a very garage for a monthly fee. Kristen drove the car 10,000 miles last year. Compute the typical cost per mile of Owning and operating cost of the the car.  What costs above are relevant during this decision? Kristen is considering buying an upscale sports car to interchange the car she bought last year.

She would drive the identical number of miles irrespective of which car she owns and would rent the identical parking zone. The sports car's variable operating costs would be roughly identical because of the variable operating costs of her old car.

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2 years ago
Growth stocks:
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option d. is the right option

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3 years ago
___________ focuses on clarifying employees’ role and task requirements and providing followers with positive and negative rewar
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Answer:

transactional leadership

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7 0
4 years ago
Kennedy Company uses the balance sheet approach in estimating uncollectible accounts expense. The company prepares an adjusting
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Answer:

The amount of uncollectible account expense was recorded for July was $9,500

Explanation:

According to the given data we have the following:

Accounts written off amount=$5,200

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Therefore, in order to calculate the  amount of uncollectible account expense was recorded for July we would have to make the following calculation:

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3 0
4 years ago
The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals
vivado [14]

Answer:

False

Explanation:

The formula for equivalent units units as follows:

Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred

Therefore, ideally,

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As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.

<u>Therefore, above statement is false.</u>

8 0
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