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never [62]
3 years ago
10

For example, the sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the p

rice level. Suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. Many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. The actual price level turns out to be 90. Faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. Sales from catalogs will _____________.
Business
1 answer:
WARRIOR [948]3 years ago
7 0

Answer:

fall

Explanation:

We know that when demand for goods and services are low, this can impact prices since there would be a fall in sales. This happened due to the fact that people would reduce their demand for the good given the increase in their price. From the question that we have here we have been told that the prices that were set by the catalogue when compared to the actual price level is on the high side.

given this explanation, the conclusion is that the sales from catalogues are going to fall

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Answer:

The answer Is c

Explanation:

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Why might long-term interest rates go down at the same time that the federal reserve pushes short-term rates up?
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2 years ago
For years Print and Copy, a copier machine supplier, enjoyed strong sales and a huge share of the copier market, far ahead of it
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<h2>The answer, in this case,would be option D. given in the answer choice or closed.</h2>

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Account Title and Description             Debit     Credit

Bank Account                                        $600

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