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3 years ago

The short-run aggregate supply curve implies that real output exceeds its long-run level when the price level is:

Business

1 answer:

Annette [7]3 years ago

4 0

Answer:

greater than the expected price level

Explanation:

The short run aggregate supply curve shows graphically that the real output is more than its long run level when the price level is more than expected price level. When there is great expectation about inflation it shifts the short run Aggregate Supply curve outwards or to the right. Price level would then rise in the long run but real output would stay the same or unchanged.

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Some employees at a clothing manufacturer investigate pay rates on Salary and learn that the company has been paying them signif

lora16 [44]

In this case, the most likely reason for this is The employees will conclude that there must be regional differences in pay.

<h3>What is a Pay Difference?</h3>

This refers to the discrepancy that exists when a person is paid a different amount to another person who is performing the same or similar work and can be affected by things like location, etc.

Hence, we can see that based on the fact that the employees of the cloth store make an investigation into their pay rates and find out that there is a price discrepancy that is higher than the national average, they would conclude that there must be regional differences in pay.

Read more about price differences here:

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6 0

2 years ago

The growers of Sunny Day Citrus have determined that their chief priority for choosing a transportation mode within the United S

Leya [2.2K]

Answer:

Rail transportation

Explanation:

Considering the situation described above in the questions, Sunny Day Citrus should use RAIL TRANSPORTATION to ship their oranges.

There are basically four means of shipping goods, these include road, maritime, rail, and air shipment.

However, considering the need to achieve quick transit time, low margins, low cost, and the highest level of reliability the best means of use is RAIL TRANSPORTATION.

This is because while Air shipment is the fastest, it is the most expensive. Also, the Maritime or Ship may be the lowest in terms of cost, but since it is within the United States, it would be relatively expensive compared to rail and also is the slowest in terms of transit time.

Similarly, the road may be faster and relatively cheaper compared to air, but not as cheaper compared to the rail in a long distance.

Rail transportation offers cheaper, low margins, reliability as it is difficult to have accidents and robbery of such commodities inside the train. It is also quite faster compared to ship.

Hence, in this case, the right answer is RAIL TRANSPORTATION

8 0

3 years ago

_____ refers to an organization’s ability to ensure sufficient staffing levels to accomplish its work processes and successfully

IceJOKER [234]

Answer:

The explanation of this question is given below in the explanation section.

Explanation:

The correct answer to this fill in blank question is workforce capability.

<u>The term workforce capability</u> refers to an organization’s ability to ensure sufficient staffing levels to accomplish its work processes and successfully deliver products and services to customers, including the ability to meet seasonal and varying demands.

Workforce Capability:

The term “workforce capability” refers to your organization’s ability to accomplish its work processes (might include all process to produce the product or service) through the knowledge (accumulated intellectual resources of organization), abilities, skills, and competencies of its people.

Capability may include the ability to build and sustain relationships with customers; to develop new products and work processes; o innovate and transition to new technologies; and to meet changing business, market, and regulatory demands.

8 0

3 years ago

Why is the location of a business important to the success of that business?

Anna007 [38]

Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.

5 0

3 years ago

Why do you think wants is less important?

viktelen [127]

Answer:

Wants is less important because you don't need it/them to survive, you can live with only your needs, you should only get your wants only if you can afford it and still have enough money for needs.

Explanation:

I don't know if that made sense lol

3 0

3 years ago