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Mashutka [201]
2 years ago
5

The AD Curve ________. A) indicates the level of aggregate output corresponding to different goods-market-clearinglevels of the

inflation rateB) is downward sloping, because with higher inflation comes higher interest rates and lower spending, so equilibrium aggregate output declines C) explains how inflation affects output in the short runD) all of the above
Business
1 answer:
Mkey [24]2 years ago
8 0

Answer:

D) all of the above

Explanation:

The AD curve shows the aggregate output level that should be for different kinds of goods have the inflation rate

It is downward sloping due to more inflation that raised the inflation rate due to this less spending should be there

Also it described how the inflation impacts the output for the short period of time

Therefore the option d is correct

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Answer:

b. they can be used to produce a variety of products without the need for expensive retooling.

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2 years ago
Perez Company acquires an ore mine at a cost of $1,400,000. It incurs additional costs of $400,000 to access the mine, which is
Amiraneli [1.4K]

Answer:

total cost of mine  = $1,400,000 + $400,000 = $1,800,000

estimed number of tons of ore = 1,000,000

residual value of land at the end of the mine =  $200,000

depletion expenses  per ton of ore =  ($1,800,000 - $200,000)/1,000,000

                                                          =  $1,600,000/1,000,000

                                                          = $1.6/ton

total depletion expenses  for the first year =  Ddepletion expenses per ton x number of ton of ore produced

                                                                 =  $1.6 x 180,000  

                                                                 =   $288,000

Explanation:

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3 years ago
Explain why taking a monotonic transformation of a utility function does not change the marginal rate of substitution (MRS).
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Explanation:

Monotonic transformation refers to changing the quantity of both the variables in a way that their ranking or order is preserved. Monotonic transformation of a utility function does not change the marginal rate of substitution as the order of preferences remains intact with the monotonic transformation. It's just the level of utility that either increases or decreases with such a transformation. The indifference curve shape remains the same. With monotonic transformation, consumer moves from a lower to higher or higher to lower indifference curve.

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$38,000

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3 years ago
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LUCKY_DIMON [66]
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