The correct answer is C) the level of output and in the level of prices.
Shifts in the aggregate demand curve can cause fluctuations in the level of output and the level of prices.
In economics, the aggregate demand curve represents the sum of all goods and services demanded by the economy at different price levels. The aggregate demand curve is the graph that shows how many services and products companies and the government are willing to purchase. Its descending slopping describes the inverse relationship between the quantity demanded and the price.
The XYZ company is a producer of dishwashers. The company’s marketing department has estimated the following demand curve for the company’s best-selling model in one of its regions. Q = 2000-4P+6A+5l+5Pc – 4Ac Where Q = Number of dishwashers demanded P = $600; Price of dishwashers A = $150; Advertising expenditures (thousands) I = $50; GDP per capita (thousands) PC = $500; Competitor’s price AC = $200; Competitor’s advertising expenditures (thousands) a. Calculate the amount demanded for this product using the information given above. b. Plot the demand curve with P on the vertical axis and Q on the horizontal axis. c. Calculate the price to sell 3450 units. d. What would be the effect on the sales of dishwashers if the competitor reduces price by $50? What should be the change in P to offset the decrease in PC ? e. In response to competitor’s strategy of reducing PC , what else can the company do to keep sales at the same level if it does not want to change P ? (Base your answer on the information given above.) f. If the government increases the sales tax by 1 percent, what will be the sale price of dishwashers after the tax (assume that the elasticity of demand is equal to the elasticity of supply in absolute value).
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Answer: Option(a) is correct option
Explanation:
According to the question,as Debbie agrees with misstatement related with earning are unethical in manner but Steve is not satisfied with professor's lecture.Steve can base is disagreement on whether dependency of misstatements depend on intention of speaker.
Other options are incorrect because user reliance on financial statement, statements leading towards unmodified and modified version and all statements are not valid. Thus,the correct option is option(a)
Answer:
B.
Explanation:
The Ming dynasty ruled China from 1368 to 1644 and famous for its literature, drama, and world-renowned porcelain.
There was a law in the Ming dynasty that states that any person involved in criminal activities is not allowed to become a monk in the future. The Great Ming Code was made in 1373 that includes all the laws regarding religion, social relations, international affairs, rituals, and economic trades.
A historian finds documentary evidence of this law, then the chronology can be determined by evaluating if the law was passed before or after the Great Ming Code.
Hence, the correct option is "B".
Answer:
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Explanation:
