The correct option is C, RETAIL SALES.
The income taxes, the GDP and the stock market can be used to gauge the economic status of a particular country, they are economic tools which are used to monitor the economy.
Retail sales refers to the activity of using cash register to monitor the financial transactions that are happening in a company, this is not an indication for what is happening in an economy.<span />
The market for the pizza has a downward sloping demand curve which means that with the increase in the price of the pizza, the demand of the pizza will decrease but it's supply will increase.
<u>Explanation:</u>
Downward slanting demand curve implies a judicious purchaser will request to a greater degree a product when its price falls. A portion of the explanations behind. the marvel would be: Income Effect : When cost of an item falls, shopper's genuine salary rises that is he would now be able to buy a greater amount of the ware with a similar pay.
A decent with a cost far beneath what the market is eager to pay will show up toward the lower right – extremely low cost, exceptionally popularity. The costs in the middle of would then "fill in" the bend, inclining descending from the upper left to bring down right.
Answer:
1.- For sofa it can pay at most 60 dollars per hours
2.- 17.5 per hours
3.- It should. It will create additional gains.
Explanation:
- Recliner Sofa Love Seat
Sales 1,400 1,800 1,500
variable 800 1,200 1,000
Contribution 600 600 500
Labor Hours 8 10 8
Contribution \: per \: hour 75 60 62.5
1.- Contribution per hour 60 dollars for SOFA
it can pay up to this amount.
2.-
contribution per hour - labor cost per hour = net
62.5 - 45 = 17.5 Contribution Margin per hour
3.-
It should hire it. t is generating additional profit.
Answer:
Keynesian economics argues for the use of active government policy to stabilize the economy.
Explanation:
In order to alleviate or avert economic recessions, Keynesian economics places a strong emphasis on the employment of proactive government policy to control aggregate demand. Keynes contended that lengthy periods of high unemployment might result from a lack of general demand. Consumption, investment, government purchases, and net exports are the aggregate of four factors that determine an economy's amount of goods and services.
