A type of kitchen knife with a sharp point and a narrow blade. It is used in food

Suppose that commodity prices across the economy begin to fall and consumers and firms begin to expect a lower rate of future in

butalik [34]

Answer:

B) The SRAS curve will shift to the right, and the short‐run Phillips curve will shift downward.

Explanation:

When the price of key inputs decreases, then the short-run aggregate supply (SRAS) curve shifts to the right, generally resulting in higher production levels (higher supply) due to lower production costs. On the other hand, when the price of key inputs increases, then the SRAS curve shifts to the left.

When inflation expectations decrease or SRAS curve shifts to the right, the short-run Phillips curve shifts to the left.

8 0

4 years ago

Which aspect of marketing (branding, promotion, or market research) is the most important for companies to consider when

fenix001 [56]

Market Research

Explanation:

In a global business, <u>The firm often goes into uncharted territories for themselves and takes heavy risks in places unknown to them.</u> In such a situation market research done right is the best thing a firm can hope for apart from all other things.

A market not suitable for their products will simply not be beneficial no matter how everything else works out.

For example,<u> McDonald's setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market share</u> while other food chains were not as quick to do it.

7 0

4 years ago

Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year:

wel

Answer: cost of goods manufactured during the current year: $95,600

Explanation:

Cost of goods manufactured = Direct materials + Direct labor + Manufacturing Overhead

But

Manufacturing Overhead= Cost added during accounting period + beginning work-in-process - ending work-in-process

= $51,100 + $11,500 - $12,100

=$50,500

Cost of goods manufactured = Direct materials + Direct labor + Manufacturing Overhead

=$19,800 + $25,300 + $50,500

=$95,600

or Using the formulae

Costs Added = Direct Materials Used + Direct Labor + Factory Overhead

=$19,800 + $25,300 + $51,500 = $96,200

Cost of Goods Manufactured = Costs Added + Beginning Work in Process − Ending Work in Process Cost of Goods Manufactured

$96,200+ $11,500 - $12,100=$95,600

3 0

4 years ago

In its first month of operations, Giffin Company made three purchases of merchandise in the following sequence: (1) 240 units at

alisha [4.7K]

Answer:

$1,395

Explanation:

Total cost of Inventory purchased

= (No. of units × Per unit price) + (No. of units × Per unit price) + (No. of units × Per unit price)

= (240 × 8) +(340 × 10) +(440 × 11)

= 1,920 + 3,400 + 4,840

= $10,160

Number of units purchased = 240 + 340 + 440

= 1,020

Average cost per unit = total cost /No. of units

= 10,160 /1,020

= $ 9.9608 per unit

Cost of ending inventory = 140 × 9.9608

= $1,395

8 0

3 years ago

.. When lightning strikes Brittany’s home during a storm, the resulting fire completely consumes the structure before firefighte

anygoal [31]

Answer:

$245,000

Explanation:

A dwelling fire policy (DP-3) covers losses to the house's structure, personal liability and loss rental income. Since it covers lost rental income, it is generally used by landlords, but anyone can get one for their house.

In this case, since the reparations will require at least $245,000, then that is the amount that Brittany should receive. She cannot receive any more because that is her policy's coverage, but shouldn't receive less either.

8 0

3 years ago