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Black_prince [1.1K]
3 years ago
5

The aggregate demand curve is downward sloping because production costs decline as real GDP increases. is upward sloping because

a higher price level is necessary to make production profitable as production costs rise. shows the amount of expenditures required to induce the production of each possible level of real GDP. shows the amount of real GDP that will be demanded at each possible price level. g
Business
1 answer:
egoroff_w [7]3 years ago
7 0

Answer: shows the amount of real GDP that will be demanded at each possible price level.

Explanation:

The Aggregate Demand curve shows how much of real GDP is demanded at each possible price level which means that is shows the effect of the price level on real GDP.

If the price level rises, real GDP will decrease and if the price level falls, real GDP rises. This is why the aggregate demand curve is downward sloping, to reflect this inverse relationship between real GDP and price level.

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True or false: A traditional costing system uses more cause-and-effect relationships in tracing costs than does an activity-base
ser-zykov [4K]

Answer: False

Explanation:

Activity based costing us when the activities of an organisation is classified. After the classification, the costs that are related to those activities will then be traced to the activities.

It should be noted that an activity-based costing system utilizes more cause-and-effect relationships when tracing costs than a traditional cost allocation system.

Therefore, the statement that's givenn in the question is false.

3 0
3 years ago
Anson Apparel's marketing message in the United States is one of apparel for the rugged man who spends most of his time outdoors
crimeas [40]

Answer:

Customer landscape: customers' habits, values and preferences related to rugged men. Market landscape: apparel alternatives available in the Chinese market; share market distribution; competitors brand positioning.

Explanation:

The marketing message is the result of marketing strategy based on situational conditions of the company in the US, that market is different from the Chinese market so that the strategic analysis could find as a result a different message more appealing for rugged men in China.

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3 years ago
The most important determinant of consumption and saving is the
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The answer is D.Level of bank credit.
5 0
3 years ago
What profit-oriented pricing method is often used because of the difficulty in establishing a benchmark of sales or investment t
Ksivusya [100]

Answer:a

Explanation:

5 0
4 years ago
Simon Company's year-end balance sheets follow.
Arturiano [62]

Answer:

2017 Days' Sales Uncollected 49.37 days

2016 Days' Sales Uncollected 49.10 days

Explanation:

Computation for days' sales uncollected

Using this formula

Days' Sales Uncollected=Average receivables / Credit sales x 365 days

Let plug in the formula

2017 Days' Sales Uncollected= $76,450 / $565,219 x 365

2017 Days' Sales Uncollected= 49.37 days

[($89,900+$63,000)/2=$76,450]

2016 Days' Sales Uncollected= $60,000 / $446,029 x 365 days

2016 Days' Sales Uncollected= 49.10 days

[($63,000+$57,000)/2=$60,000]

Therefore 2017 Days' Sales Uncollected will be 49.37 days and 2016 Days' Sales Uncollected will be 49.10 days

4 0
3 years ago
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