Determine how each event affects the position of the long-run aggregate supply (LRAS) curve.

Mars2501 [29]

A voidable contract, unlike a void contract, is a valid contract which may be either affirmed or rejected at the option of one of the parties.

Reasons that can make a contract voidable include failure by one or both parties to disclose a material fact; a mistake, misrepresentation or fraud; undue influence or duress; one party's legal incapacity to enter a contract; one or more terms that are unconscionable; or a breach of contract.

4 0

3 years ago

the relationship between the factors of production used by a firm and the maximum output possible is called the

elena-14-01-66 [18.8K]

In economics, a factor of production, resource, or input is what is used in a production process to produce products, i.e. goods or services.

The amounts of various inputs used determine the amount of output according to a relationship known as the production function. The relationship between the inputs a firm uses and the maximum output it can produce with those inputs is called the firm's production function. Factors of production are outputs or inputs used to produce goods and services. They are the resources a business needs to make a profit by producing goods and services. Factors of production fall into four categories: Land, Labor, Capital, Entrepreneurship.

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3 0

1 year ago

Autoliv produces air bag systems that it sells to automobile manufacturers throughout the world. Assume the company has a capaci

gogolik [260]

Answer: See explanation

Explanation:

a. The variable cost per unit will be:

= (3,825,000 - 3,680,000) / (45million - 40 million)

= 0.029

Then, the financial order of accepting the order will be:

Contribution margin = Unit selling price - Unit

= 65 - 29

= 36

Since the size of the order is 100,000, the financial impact of accepting the order will be:

= 36 × 100,000

= 3,600,000

b. The differential analysis will be:

Contribution from special order = 3,600,000

Opportunity cost {100,000 = 120,000,000 - 29,000,000 = 9,100,000

Net disadvantage of accepting order will then be:

= 3600000 - 9100000

= 5,500,000

5 0

3 years ago

You’re a broker writing an mls policy for your firm. which would you likely want to include?

Svetradugi [14.3K]

You’re a broker writing an MLS policy for your firm. When and if listing data should be submitted to you for approval, want to include it.

Some listing services offer more exposure to resellers and more options for agents to represent buyers. In return, both brokers receive a sales commission.MLS regulations permit MLS data to be made available to MLS on additional Her websites unless otherwise directed by MLS's administrator.

MLS enables agents and brokers within a particular market to exchange information about real estate listings. It's useful for home sellers because it helps expose properties to a wider audience.

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5 0

2 years ago

Chan has been happily married to Mei Lin for the last five years and is very secure in their relationship. Over the last year, h

Alisiya [41]

Answer:

Respect

Explanation:

At the fourth level in Maslow´s hierarchy, is the need for respect.

When the needs at the bottos have been satisfied, the esteem needs begin to play a more prominent role in motivating behavior. The first three steps in the maslow hierarchy are: physiological, safety and love.

3 0

3 years ago