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dalvyx [7]
3 years ago
6

The model of aggregate demand and aggregate supply a. is a straightforward extension of the model of supply and demand for a par

ticular market, in which substitution of resources between markets is highlighted. b. is different from the model of supply and demand for a particular market, in that we cannot focus on the substitution of resources between markets to explain aggregate relationships. c. is different from the model of supply and demand for a particular market, in that we have to separate real and nominal variables in the aggregate model. d. is a straightforward extension of the model of supply and demand for a particular market, in which the interaction between real and nominal variables is highlighted.
Business
1 answer:
ryzh [129]3 years ago
7 0

Answer:

b. is different from the model of supply and demand for a particular market, in that we cannot focus on the substitution of resources between markets to explain aggregate relationships

Explanation:

Here The two models are different. But it shows the similar idea, also the variables that are determined are totally different. The individual markets should be equipped with the given sources while on the other hand the overall economy could be subsituted the resources inside the market

Therefore the option b is correct

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Bishop, Inc., is obligated to pay its creditors $8,900 during the year. a.What is the market value of the shareholders' equity i
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Answer:

The answer is $1,500

Explanation:

Accounting equation can be stated as follows:

Equity = Asset - Liability

Asset = Equity + Liability

Liability = Asset - Equity.

What a firm is obligated to pay its creditors is known as a liability and its value in the question is $8,900

The assets owned by the company totalled $10,400

Now to find market value of the shareholders' equity, we use:

Equity = Asset - Liability

$10,400 - $8,900

= $1,500

7 0
3 years ago
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OLEGan [10]

Answer:

<u>B. extended product line length</u>

Explanation:

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4 years ago
The discounting function (or mechanism) of markets is based upon the assumption that the stock market essentially discounts all
tensa zangetsu [6.8K]
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3 years ago
3) When there are more substitutes for a product, the ________ for the product is ________. A) demand; less price elastic
balu736 [363]

Answer:

Explanation:

When there are more substitutes for a product, the demand for the product is more price elastic. The implication of this is that the demand of such product will drop when there is increase in it price because people can get another product which will play the same role with the previous at a lesser price. Hence, the demand for the product vis more price elastic.

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3 years ago
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This means that customers can not find another brand of products produce by another manufacturer in the dealer outlet because the dealer has stick to that particular products from the designated supplier.

Based on the information given the car dealer is engaging in what is called Exclusive dealing because the dealer is only selling a particular brand products from a particular company.

Learn more about exclusive dealing here:

brainly.com/question/15182671

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2 years ago
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