Answer:
The answer is: b
Explanation:
In long-run equilibrium, the long run aggregate demand curve and aggregate supply curve intersect where the marginal revenue (revenue derived from selling an additional unit) and marginal cost (cost incurred from producing) an additional unit) are equal. In the long-run equilibrium, this intersection occurs at the lowest point of the long-run average total cost curve (curve depicting the average cost per unit of production).
Holding all else constant, short run changes in the economy would not change the potential output levels. The long-run aggregate supply curve would remain fixed at the potential level of output. However, these changes: international tensions, corporate scandals and loss of confidence in policymakers would cause shifts in the aggregate demand curve since demand would be adversely affected.
Consumer confidence is the perspective or outlook that consumers have on the state of the economy. The destabilising factors given in this scenario would raise the levels of uncertainty and perceived risk, reducing the confidence levels of consumers and ultimately resulting in reduced demand. In long-run equilibrium, when demand is reduced, it is indicated by a leftward shift in the aggregate demand curve.
Answer:
70 days
Explanation:
For computing the number of days first we have to determine the credit turnover ratio which is shown below:
Credit turnover ratio is
= (Cost of Goods Sold ÷ Average accounts payable)
= ($45,021 ÷ $8,583)
= 5.245 times
Now the number of days is
= Total number of days in a year ÷ credit turnover ratio
= 365 ÷ 5.245
= 70 days
Answer:
$18,640
Explanation:
Given that,
Balance as per books = $6,500
Non Sufficient fund checks returned by the banks = $3,200
Bank service charge = $60
The bookkeeper recorded a $ 1,700 check as $ 17,100 in payment of the current month's rent.
Adjusted book balance:
= Balance as per books + Wrong entry - Non Sufficient fund checks returned by the banks - Bank service charge
= $6,500 + ($17,100 - $1,700) - $3,200 - $60
= $18,640
As distances between buyers and sellers increase, problems related to operations performance increase.
The primary results of this increase in distance and geographic complexity are:-
- Potential for delays and disruptions
A seller is a person or entity that sells products, services, or financial assets. Shorting means borrowing security you don't own, selling it, and buying it back at a lower price. An option seller is called a "writer" who collects a premium from the buyer.
A seller's market is the opposite of a buyer's market, and excess inventory for interested potential buyers means that the buyer has the power to set terms and prices.
Learn more about sellers here:brainly.com/question/906651
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