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.
Incremental contribution margin:
$25,000 increased sales x 60% CM ratio $15,000
Incremental fixed salary cost 8,000
Increased net income $7,000.
yes, the position should be converted.
In economics, the margin is profit after deducting expenses, expressed as a percentage. In investing, the margin is the deposit an investor leaves with a broker when borrowing money to buy a security.
The portion of a page or sheet outside the body of a printed product or document. 2: The outer boundary and adjoining surface of something: a ridge at the edge of the continental margin of a forest. 3: Any amount or measure or degree of substitution permitted or granted due to unforeseen circumstances or special circumstances was not subject to error.
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Answer:
all of the above
Explanation:
All of these represent features of evidence-based practice (EBP). It is now common for insurance companies to adjust the services they will pay for based on EBP guidelines.
<span>the answers is 2,4,5,6</span>
Answer:
D. A large number of people are unemployed and have decreased spending power.
