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horrorfan [7]
3 years ago
15

In the short run, the quantity of output that firms supply can deviate from the natural rate of output if the actual price level

in the economy deviates from the expected price level. Several theories explain how this might happen.
For example, the sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. Suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. Many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. The actual price level turns out to be 90. Faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. Sales from catalogs will _______, and firms that rely on catalogs will respond by _______ the quantity of output they supply. If enough firms face high costs of adjusting prices, the unexpected decrease in the price level causes the quantity of output supplied to ______ the natural rate of output in the short run.
Business
1 answer:
sertanlavr [38]3 years ago
5 0

Answer: a

Explanation :

a

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Maria Mendez is division controller and James Dalton is division manager of the Hestor Shoe Company. Mendez has line responsibil
myrzilka [38]

A) Mendez's ethical responsibilities are,

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

B)The responsibilities of mendez if dalton gives her a direct order to book the sales are explained below.

Explanation:

1)

Integrity

Cometence

Credibility

IMA is highly regarded organization for accountants and finance professionals. The following four standard to which the organization holds CMA's accountable are

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

2)

Mendez should refuse to follow dalton's orders and if dalton persists, the incident should be reported to the corporate controller of hester shoe company. Support for the linc managers should be wholehearted, but it should not require unethical conduct.

8 0
4 years ago
Dustin and Quinn were given an apple pie and a chocolate cake, and need to divide them. Dustin values the apple pie at $6 and th
MatroZZZ [7]

Answer:

Quinn values the apple pie at $4 and the chocolate cake at $10 = total $14

  1. since one "half" will only be chocolate, he needs $7 out of chocolate = 7/10 of the chocolate cake.
  2. the other "half" will include 3/10 of chocolate cake and the whole apple pie = (3/10 x $10) + $4 = $3 + $4 = $7

If Dustin chooses the second "half" he will receive 3/10 of chocolate cake and the whole apple pie = (3/10 x $4) + $6 = $1.20 + $6 = $7.20

8 0
3 years ago
You've got your budget, credit history and saving in order. whats your next step before shopping for a home?
Softa [21]

Answer:

The correct answer is letter "A": Shop for a mortgage.

Explanation:

After setting a budget and starting a housing fund, checking your credit report and scores, and accruing a certain amount of money to make possible acquiring a house, the next step implies being pre-approved by a mortgage lender. This will give you an idea of how much money a bank might approve to lend you to purchase the property. Thus, after this and finding a Real Estate agent, <em>you can start checking what houses are available for purchase according to what you can afford.</em>

7 0
3 years ago
Which of these is a pro of being a wage earner? A. You usually do not get to choose which projects you work on. B. You have a de
gregori [183]

Answer:

The correct answer is letter "C": You are usually not in charge.

Explanation:

Wage-earners are the people who live mainly thanks to the salary they receive. Under this category fall low-range workers whose base income is their source of income. Hardly ever low-range employees are assigned major tasks since they are subordinates, so the success or failure of a project does not rely directly on them since they are not the ones in charge.

3 0
3 years ago
Read 2 more answers
3. Coarse chopping is usually used for vegetables that will be
Paraphin [41]

Option D is the correct answer. Stewed.

Vegetables can be chopped coarsely when Stew has to cook. Stew is a food that is cooked slowly in liquid in a closed pan.

So when coarse vegetables are cooked on medium flame in the liquid with the lid closed, they are dissolved properly. And there is no need to chop them thin.

3 0
3 years ago
Read 2 more answers
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