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vodomira [7]
3 years ago
10

If the interest rate rises, what will happen to overall employment levels in sectors affected by those interest rates?

Business
1 answer:
weqwewe [10]3 years ago
5 0

Answer:

c. employment levels will decrease

Explanation:

As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.

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The production function gets flatter, while the total cost curve gets steeper due to the fact that Group of answer choices at lo
Minchanka [31]

The production function gets flatter, while the total cost curve gets steeper due to the fact that C. <u>at higher levels of</u><em><u> production firms </u></em><u>require less inputs to increase production by the same amount as compared to lower levels of </u><u>production.</u>

The <em>production function</em> shows the relationship that exists between the inputs and the outputs during the production of a product.

It should be noted that <u>diminishing marginal product</u> is vital for explaining why the increase in the output of a firm results in the <em>production function</em> getting flatter. Also, the <em>total curve</em> becomes steeper.

Therefore, at higher levels of production, firms require fewer inputs to increase<em> production</em> by the same amount.

Read related link on:

brainly.com/question/25162387

8 0
3 years ago
Elastic demand exists when:
arlik [135]

Answer:

B. a small percentage decrease in price produces a larger percentage increase in quantity demanded and total revenue increases. 

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is elastic if a small percentage decrease in price produces a larger percentage increase in quantity demanded . Total revenue would increase because the percentage increase in Quanitity demanded exceeds the percentage decrease in price.

If demand is elastic, a small percentage increase in price produces a larger percentage decrease in quantity demanded and total revenue increases.

Here, total revenue falls because percentage decrease in price exceeds the percentage increase in price. 

Demand is inelastic if a small percentage decrease in price produces a smaller percentage increasein quantity demanded.

Demand is perfectly inelastic if the quantity demanded remains the same regardless of level of price.

I hope my answer helps you

6 0
3 years ago
Smith Corporation makes and sells a single product called a Pod. Each Pod requires 2.4 direct labor-hours at $10.60 per direct l
kramer

Answer:

$585,120

Explanation:

The computation of Budgeted direct labor costs is shown below:-

Direct labor cost per pod = Direct labor required per pod x Direct labor rate

= 2.4 × $10.60

= $25.44

Budgeted direct labor costs incurred in June = Direct labor cost per pod × Produced pods

= $25.44 × 23,000

= $585,120

Therefore for computing the budgeted direct labor costs we simply applied the above formula.

4 0
3 years ago
Before you can reasonably expect people to share their perceptions and opinions, particularly about things they believe need to
Annette [7]
Well said, you've been in the workforce or heard the war stories.
5 0
3 years ago
An approach of open communication and collaborative decision making suggests which type of leadership
frez [133]
An approach of open communication and collaborative decision making suggests which the democratic type of leadership. This type of leadership which includes <span> participative role of the members in the decision-making process is also called </span>participative leadership or shared leadership.
Mutual respect and understanding is crucial in order this type of leadership to be successful. 
4 0
3 years ago
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