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Vikentia [17]
3 years ago
8

Examine the supply and demand schedules for cell phones. How much would

Business
1 answer:
defon3 years ago
6 0

Answer: $400

Explanation: APEX

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A monopoly that attempts to charge the socially desirable price will invariably reduce their economic profit because:_______
shusha [124]

Answer:

D

Explanation:

A monopoly that attempts to charge the socially desirable price will invariably reduce their economic profit because average cost and marginal cost are equal.

8 0
3 years ago
Read 2 more answers
Creating an emergency fund to pay for unexpected expenses is known as __________________________________.
stich3 [128]

Answer:

b

"Saving for a Rainy Day"

Explanation:

"saving for rainy day' is a phrase that means putting some money a side  for use in times of need. The phrase encourages  people to save money for emergency use.  As a rule of thumb, one should have at least three times their normal income as savings.

8 0
3 years ago
The amount of money you can charge yo a credit card is called
Pani-rosa [81]
The answer is credit limit
8 0
3 years ago
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Which of the following can explain the upward slope of the short-run aggregate supply curve? a. nominal wages are slow to adjust
Goryan [66]

Answer: A - nominal wages are slow to adjust to changing economic conditions 

Explanation:

In the short run, the costs of many of the factors used in the production process are fixed.  For example labours wage is fixed for a number of years because of labour contracts. Also the raw materials used in the production process have long term agreements that fix their prices.

As a result of factors of production been fixed in the short run, when general price level rises and the cost of production remains constant, profit also rises.

Firms take advantage of this rise in price and increase production and the quantity of aggregate supply increases. This is why the short run aggregate supply curve is upward sloping.

7 0
3 years ago
Identify strategies to promote the development of the human resources field in business
Naya [18.7K]

Answer:

  1. Develop a thorough understanding of your company’s objectives
  2. Evaluate your HR capability
  3. Analyze your current HR capacity in light of your goals
  4. Estimate your company’s future HR requirements
  5. Determine the tools required for employees to complete the job
  6. Implement the human resource management strategy
  7. Evaluation and corrective action

3 0
3 years ago
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