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inn [45]
3 years ago
8

Determine which phase of the business cycle is associated with each event. a. Unemployment reaches its highest levels, while out

put reaches its lowest during (Click to select) . b. Decreasing unemployment and expanding production occurs during (Click to select) . c. The economy is at full employment and output is produced at full capacity during (Click to select) . d. Real output is declining for at least two consecutive quarters is during (Click to select) .
Business
1 answer:
MAVERICK [17]3 years ago
6 0

Answer and Explanation:

The explanation is as follows:

a. In the case when the unemployment reaches to the highest level and the results is in lowest so it would be due to trough

b. In the case when there is a decrease in unemployment and the production would be expand so this is due to an expansion

c. In the case when the economy is in full employment and the output would be generated in full capacity so this is due to peak

d. In the case when the real output is fallen for minimum two quarters so this is due to recession

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A builder from State A sued a homeowner from State B for breach of contract in federal court, alleging that the homeowner failed
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Answer:

No

Explanation:

It is very unlikely they the case is dropped for insufficient process as the scenario does not describe any defect in the documentation and writings contained in the document. The issue with the process is likely in the manner in which the document was served. This is because, the document was served to an elderly next door neighbor which in a way can allow the homeowner to file for insufficient service of process. Therefore, the homeowner will most likely fail in it's quest to have the case dropped for insufficient process based on the argument presented above.

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3 years ago
Answer the question on the basis of the demand and cost data for a pure monopolist. The profit-maximizing price for the monopoli
RSB [31]

From the information provided, the profit-maximizing level of output will be 5 units (Option C)

<h3>What is a pure monopolist?</h3>

A market structure known as a pure monopoly occurs when there is only one supplier of a product, and there are no reasonably priced alternatives. Pure monopolies are not common.

<h3>What is the explanation for the above?</h3>

When marginal cost and marginal revenue are equal, a monopolist produces that level of output (MC=MR). This is the output that maximizes profit.

If MC > MR, then the monopolist creates an output level where the most recent output costs less than it generates income.

To put it another way, the monopolist creates the final output when marginal revenue exceeds marginal cost.

Because it will cut into the monopolist's profits, the company won't produce a good where the marginal cost is higher than the marginal revenue.

Learn more about pure monopolist:
brainly.com/question/24175438
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Full Question:

Answer the question on the basis of the provided demand and cost data for a pure monopolist.

The profit-maximizing level of output will be

A) 4 units.

B) 7 units.

C) 5 units.

D) 6 units.

Download xlsx
7 0
2 years ago
What are some reasons Access may be a better option than other database programs? Check all that apply.
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Answer:

a) see attached image

b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs

c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets

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Explanation:

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