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3 years ago

The long run aggregate supply curve shifts to the right given that

Business

1 answer:

ELEN [110]3 years ago

6 0

Answer:

there is a rise in the quantity of capital.

Explanation:

Aggregate supply describes the total supply of products and services produced in an economy at all prices per period. The aggregate supply curve, shortened to AS, shows the relationship between total supply from producers and different price levels.

A shift in the supply curve communicates a change in the quantity of supply. The Aggregate supply curve shift to the right when there is an increase in output. In other words, when output from producers increases, the aggregate supply curve shifts to the right. Output or productivity increases when the price of key inputs falls, lower labor costs, or increased efficiency.

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James, Inc., has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic life of 6 y

inysia [295]

Answer:

James, Inc.

The financial break-even point in:

Sales unit = 8,322

Sales dollars = $724,014

Explanation:

a) Data and Calculations:

Cost of machine purchased = $594,000

Estimated economic life = 6 years

Salvage value = $0

Sales price per pair of shoes = $87

Variable cost per pair of shoes = 37

Contribution margin per pair = $50

Discounted contribution = $50 * 0.909 = $45.45

After-tax contribution = $35.45 ($45.45 * 0.78)

After-tax contribution margin ratio = $35.45/$87 * 100 = 41%

Fixed cost per year = $295,000

Corporate tax rate = 22%

Discount rate = 10%

Break-even point = Fixed cost/After-tax contribution

= $295,000/$35.45

= 8,322 units

= $724,014 ($87 * 8,322)

7 0

3 years ago

Every year, the students at a prestigious engineering school remove a car from the parking lot and place it on the highest point

Anon25 [30]

Answer:

True

Explanation:

A ritual is an activity that consists of different rites, activities, etc, performed in a place at a particular time.

From the question, placing a car on the highest point of the engineering building is something that the engineering school has become synonymous with. It has become a ritual because it has to happen every year. It is an activity thta a year isn't complete without.

I hope this helps.

3 0

3 years ago

A local political party made phone calls to assess likely voter turnout. The only question asked in the telephone interview was

Brut [27]

Answer:

The correct answer is: Dichotomous

Explanation:

A dichotomy is the division into two parts of a thing, or failing that, it is a set or system that is subject to bipartition, and that generally oppose each other.

In traditional logic, dichotomy is the breakdown or fractionation of a generic concept into one of its specific concepts and its denial. The concept also refers to the law that states that no proposition can be true and false at the same time.

4 0

3 years ago

Read 2 more answers

Ted, a project manager, wants to invest in a project with an initial cost of $58,500 and cash flows of $32,400 and $38,500 in Ye

Art [367]

Answer:

The project will not be approved

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = $-58,500

Cash flow in year 1 = $32,400

Cash flow in year 2 = $38,500

IRR = 13,41%

profitability index = 1 + (NPV / Initial investment)

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-58,500

Cash flow in year 1 = $32,400

Cash flow in year 2 = $38,500

I = 10%

NPV = $2,772.72

PI = 1 + $2,772.72 / $58,500 = 1.04

The project will not be approved because the PI is less than the amount of return the boss wants even though the IRR is less than the discount rate

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

4 0

4 years ago

Two countries produce copper and lead. Country A can produce a maximum

alina1380 [7]

Answer:

A. Country B has a comparative advantage producing copper.

Explanation:

Comparative advantage is the capability of a firm or country to produce a good or service at a lower opportunity cost than rivals. It implies the country uses fewer resources to produce that commodity. Comparative advantage enables a country to have a higher output while using the same inputs as its competitors.

Country B can produce 400 tons of copper, while country A ability is 300 tons. Country B uses labor and materials more efficiently in copper production; hence it has a comparative

8 0

3 years ago