Here are no differences between common law and civil law. *<br> 1 point<br> True<br> False

The long-run aggregate supply curve a. is vertical. b. is a graphical representation of the classical dichotomy. c. indicates mo

Gennadij [26K]

Answer:

The correct answer is option d.

Explanation:

The long-run aggregate supply curve is a vertical straight line. This is because, in the long run, the output level is not affected by price changes. Instead, output level changes with the changes in the state of technology and level of inputs. In the long run, when price level increase, the factor prices or price of inputs will increase as well. So there will be no change in output due to the change in the price level.

The vertical long-run aggregate supply curve also reflects classical dichotomy that in the long run, when all the resources will be fully employed, an increase in the aggregate demand cause the price level to rise while supply remains constant.

It also indicates that monetary policy only affect the price level, the economic output remains constant.

7 0

3 years ago

Which of the following decisions is part of the HR function of compensation?

ivann1987 [24]

Answer:

D. Whether to pay office workers a wage or a salary

Explanation:

The HR compensation functions entail rewarding employees for work done. Employee compensation includes monetary payments such as salaries, wages, overtime, profit sharing, allowances, or bonuses.

Non -monetary compensation includes benefits such as housings, paid car, insurance coverage, and stock ownership.

In consultation with the other managers, the HR managers determine the level and combination of compensation for every employee. HR has to decide whether to employ office workers on a part-time or full-time basis. Equally, HR determines whether to pay the office workers either a salary or wages.

3 0

3 years ago

Muffin’s Masonry, Inc.’s, balance sheet lists net fixed assets as $18.00 million. The fixed assets could currently be sold for $

jeyben [28]

Answer:

Book Value Market Value

Current Assets $14 m $14.95 m

Fixed Assets $18 m $27 m

Total $32 m $41.95 m

Explanation:

For book Value:

Net fixed assets=$18.00 million

Current Liabilities=$7.50 million

net working capital=$6.50 million

Formula:

Net working capital=Current assets-Current Liabilities

$6.50 million=Current assets-$7.50 million

Current Assets=$6.50+$7.50

Current Assets=$14 million

Total Assets=Net fixed assets+Current Assets

Total Assets=$18 m+$14 m

Total Assets=$32 m

For Market Value:

Net fixed assets=$27.00 million

Current Liabilities=$7.50 million

net working capital=$7.45 million

Formula:

Net working capital=Current assets-Current Liabilities

$7.45 million=Current assets-$7.50 million

Current Assets=$7.45+$7.50

Current Assets=$14.95 million

Total Assets=Net fixed assets+Current Assets

Total Assets=$27 m+$14.95 m

Total Assets=$41.95 m

Book Value Market Value

Current Assets $14 m $14.95 m

Fixed Assets $18 m $27 m

Total $32 m $41.95 m

8 0

3 years ago

What is the best strategy to avoid paying interest on your credit cards?

lord [1]

c pay the miminum balance each month

8 0

3 years ago

Read 2 more answers

A labor-intensive process has a fixed cost of $338,000 and a variable cost of $143 per unit. A capital-intensive (automated) pro

sertanlavr [38]

Answer:

the 17,941 units should be produced and sold

Explanation:

The computation of the number of units that should be generated and sold is shown below:

Let us assume the number of units be n

Now as we know that

Total labor cost = variable cost + fixed cost

So the equations are

For labor intensive = $33,8000 + 143 n

And

For capital intensive = $1,244,000 + $92.5n

It could be written as

$1,244,000 + $92.5 n < $338,000 + $143 n

After solving it

n> 906,000÷ 50.5

n>17941

And,

$1,244,000 + $92.5 n < 197 n

After solving it

n>$1,244,000 ÷ 104.5

n>11,904

So the highest is 17,941

Therefore the 17,941 units should be produced and sold

4 0

3 years ago

Here are no differences between common law and civil law. * 1 point True False