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aivan3 [116]
2 years ago
10

The economy's long-run AS curve assumes that wages and other resource prices _____. rev: 06_12_2018 Multiple Choice eventually r

ise and fall to match upward or downward changes in the price level are flexible upward but inflexible downward rise and fall more rapidly than the price level are relatively inflexible both upward and downward
Business
1 answer:
liubo4ka [24]2 years ago
8 0

Answer: eventually rise and fall to match upward or downward changes in the price level.

Explanation:

Long-run aggregate supply (LRAS) curve simply shows the long-term output for a country. In the long-run, it should be noted that the aggregate supply curve is vertical, which shows that the changes in the aggregate demand will only result in a temporary change with regards to the total output of the economy.

The aggregate supply curve of an economy assumes that the wages and other resource prices eventually rise and fall to match upward or downward changes in the price level.

Therefore, the correct option is A.

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You are responsible for staffing a decision-making team that must be able to share information openly and honestly to perform we
MakcuM [25]

Answer:

The correct answer is letter "C": Communication abilities.

Explanation:

Decision-making teams are those that analyze diverse information of a company such as financial statements to find out what the best course of action for the company is. If the <em>Human Resources</em> (HR) department of a company has the task of hiring individuals who will be in charge of the decision-making and share of those choices, the profile of the applicant must meet optimal communication abilities.

<em>Empathy, confidence, clarity, </em>and <em>cohesion</em> are the characteristics employees must have to transmit ideas to other workers effectively whether the news is positive or negative.

5 0
3 years ago
The __________ primarily provides for the financing of economic development projects throughout the world.
sergeinik [125]

The World Bank primarily provides for the financing of economic development projects throughout the world.

<span>World Bank is an international financial organization that allows countries around the world to have a loan for capital programs of a certain countries especially programs aiming to end poverty.</span>

7 0
3 years ago
tone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical UnitsPer
Svetlanka [38]

Answer:

TOTAL 258,000

TOTAL 258,000

Explanation:

Calculation to reconcile the number of physical units Using the FIFO method

PHYSICAL UNITS

Beginning Inventory 74,000

Units Started 184,000

TOTAL 258,000

PHYSICAL UNITS

Units Completed 164,000

(258,000-94,000)

Ending Inventory 94,000

TOTAL 258,000

Therefore Using the FIFO method to reconcile the number of physical units will give us 258,000 and 258,000

4 0
2 years ago
Determinant Company is a price − taker and uses a target − pricing approach. Refer to the following information: Production volu
Drupady [299]

Answer:

$18,315,000

Explanation:

Total Income :

= 15% of Total assets

= $13,900,000 × 15%

= $2,085,000

Total Sales :

= Market price × Production volume

= $34 × 600,000

= $20,400,000

So, Target full product cost in total for the year :

=  Total Sales - Total Income

= $20,400,000 - $2,085,000

= $18,315,000

3 0
2 years ago
In _____ innovation, innovations in products or services end up completely replacing existing products or service technologies.
MakcuM [25]

Answer:

disruptive

Explanation:

The term that is being described is known as a disruptive innovation. In the context of business theory, this term refers to an innovation that creates an entirely new market and value network which ultimately disrupts the old market and value network, while at the same time taking over market-leading firms, products, and alliances. One example of this are Smartphones which disrupted laptops as the primary way consumers use the internet in today's world.

4 0
2 years ago
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