Suppose this economy was momentarily at Full Employment, but has now experienced a continuation of the RIGHT shifting AD caused by increased "G" spending . If the Price Level increases to $2.34, then Real Production GDP will have increased to $5200 b and 2 million people will have gained jobs. In the Business Cycle the economy will have moved from Point "x" toward Point y.
Explanation:
The AD-AS model (Aggregate production aggregate) demonstrates national income calculation and price level adjustments.
This shows how various events will change in two of our major macroeconomic indicators: Actual GDP and inflation.
- Label all equilibrium in the axis, the interior
- The positioning of LRAS provides important economic information, for example, if the efficiency of balance is on the left side of the LRAS, the economy is in recession.
Well, in my opinion, there should be a little category for that, but then again, that may require extra moderation. Also, the guide lines say to never include personal information. Everyday issues often include personal info. Mostly all of the everyday issues we have can call under the line of math, science, reading, language arts, music, so on.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
For the purchase option:
Buying price= $22 per unit.
For the make option:
Weekly rental payment of $30,800
The firm also has to hire five operators to help make product A. Each operator works eight hours per day, five days per week at the rate of $14 per hour.
The material cost for the make option is $15 per unit of product A.
A) We need to find the number of units that makes the unitary fixed costs= $7
Weekly rental= 30800
Direct labor= ($14*8 hours*5workes)*5 days= 2800
Total fixed costs= $33,600
Unitary fixed costs= total fixed costs/ Q
7=33600/Q
Q= 4800 units
B) Now Q= 6600
Buy= 6600*22= $145,200
Make= 6600*15 + 33600= $132,600
Look-alike Tasteeos sell for less price than the market-leading Cheerios brand. Cereal manufacturer has employed a cloner marketing strategy.
Cloner marketing strategy refers to creating a product by copying features of an already existing brand product. A manufacturer might copy the same features of distribution, production, labeling, ingredients, advertisement, and looks but the quality will differ from the leading brand.
Cloner is a parasitic marketing strategy that thrives on the investment of the major brand that another firm is copying to sell its products. To escape the copyright issue, these cloner firms make sure the name of the product is slightly different from that of the major brand.
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Answer:
The firm will sell 600 units at $20
Explanation:
Giving the following information:
d = annual demand for a product in units
p = price per unit
d = 800 - 10p
p must be between $20 and $70.
Elastic demand
We have to calculate how many units the firm will sell at $20
d=800-10*p=800-10*20= 600 units
