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3 years ago

Aggregate demand curves are Question 14 options: downward sloping. upward sloping. horizontal. vertical.

Business

1 answer:

poizon [28]3 years ago

5 0

Answer: Downward sloping

Explanation:

The Aggregate demand curve shows the national income in a country and the reason the AD is downward sloping is to represent that when the price level increases, the national income will drop because people now have to spend more for goods and services.

There are different factors that go into the AD curve but the basic premise is that when prices are high, people can only afford less so the demand decreases.

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Genent%E2%80%8B Industries, Inc.%E2%80%8B (GII), developed standard costs for direct material and direct labor. In%E2%80%8B 2017

Sliva [168]

Answer:

Direct material price variance

= (Standard price - Actual price) x Actual quantity purchased

= ($10 - $7) x 1,300 pounds

= $3,900(F)

Explanation:

Direct material price variance is the difference between standard price and actual price multiplied by actual quantity purchased.

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3 years ago

____ is language that is distinctive mainly in vocabulary and pronunciation based on culture, geography, and/or social setting.

Drupady [299]

The answer is Dialect.

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3 years ago

Read 2 more answers

Coverall, Inc., an insurance company, recently moved into the motorcycle insurance market. Coverall was concerned that the most

Naily [24]

Answer:

It is a result of adverse selection

Explanation:

The economic problem in this story is adverse selection. As in this the person who take the insurance drive uselessly and carelessly . In Coverall, Inc., an insurance company's case insurance company increases premium amount in order to cover this type of customer. It is a result of adverse selection.

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3 years ago

Suppose the price of university sweatshirts increases from $10 to $20 and the quantity supplied increases from 20 to 30. The pri

riadik2000 [5.3K]

Answer:

0.60

Explanation:

The midpoint formula is used to calculate elasticity by using average percentage in both price and quantity.

The formula is given below:

Percentage change in quantity = (Q2 -Q1) x 100

(Q2 + Q1) / 2

Percentage change in price = (P2 -P1) x 100

(P2 + P1) / 2

Elasticity = Percentage change in price__

Percentage change in quantity

Inserting the data:

Percentage change in quantity = (30 -20) x 100 = 10 x 100 = 40%

(30 + 20) /2 25

Percentage change in price = ($20 - $10) x 100 = 10 x 100 = 66.6%

($20 + $10) /2 15

Elasticity of supply = 40%

66.6%

= 0.60

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3 years ago

When it comes to credit scores, why is having a thin file not an asset?.

Naily [24]

The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.

<h3>What is a credit scores?</h3>

A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.

Normally, the higher the credit score, the higher the rate of repayment of credit.

Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.

However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.