Question:
In the graph below the economy is in long-run equilibrium at point A. Now, assume that there is an unexpected increase in the price of oil. After the adjustment of aggregate supply is complete, the economy returns to equilibrium at:
a. A.
b. in between points A and B.
c. a point lower than (i.e., south-east of) A.
d. B.
Answers
After there is an adjustment for the aggregate supply, the economy will return to the equilibrium at point a. A.
What happens to the long - run supply curve?The long run supply curve is vertical to show that in the long run, the potential supply of the economy will be achieved. This aggregate supply curve is therefore the same in the long run. The aggregate demand curve will still be downward sloping and the point that it meets the aggregate supply curve is the equilibrium.
If a scenario occurred where supply decreased and led to an increase in price, as it happened with oil, the economy will work to adjust the aggregate supply curve back to equilibrium. When t goes this, it will go back to the point that it was at before there was a change in price. This equilibrium point is point A.
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Related Questions
If the government imposes a price floor at $10, it would be
A) binding if market demand is Demand A and non-binding if market demand is
Demand B.
B) binding if market demand is Demand A or Demand B.
C) non-binding if market demand is Demand A and binding if market demand is
Demand B.
D) non-binding if market demand is Demand A or Demand B.
Answers
If the government imposes a price floor at $10, it would be non-binding if market demand is Demand A and binding if market demand is Demand B. Thus, option (c) is correct.
What is demand?The term “demand” is relying on people needs and wants to the amount of goods and services. Demand is an economic notion that deals with the connection between consumer demand for goods and services and their market prices.
According to the government charges a price floor at $10 are the market non-binding Demand A and the market demand is Demand B is to the increases.
Therefore, option (c) is correct.
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If the government imposes a price floor at $10, it would be:
C) non-binding if market demand is Demand A and binding if market demand is Demand B.
In this scenario, the price floor is non-binding for Demand A if the equilibrium price is already above $10, meaning that the market price naturally remains above the price floor.
However, the price floor becomes binding for Demand B if the equilibrium price is below $10, forcing the market price to stay at the imposed $10 level.
It's important to note that when a price floor is binding, it can create several consequences, including:
a. Surplus: As mentioned, a binding price floor may lead to a surplus of the product. Suppliers are willing to sell a larger quantity at the higher price floor, but demand is insufficient to meet that level of supply.
b. Inefficient Allocation: The binding price floor may result in an inefficient allocation of resources since some willing buyers are excluded from the market due to the higher price.
c. Potential Government Interventions: The government may need to implement measures to manage the surplus, such as purchasing excess supply or providing subsidies to support producers.
In summary, a price floor is considered non-binding if the equilibrium price is already above the set minimum price. However, if the equilibrium price is below the price floor, the price floor becomes binding, leading to potential consequences such as a surplus and inefficient resource allocation.
The impact of a price floor depends on the specific market conditions and the relationship between the price floor and the equilibrium price.
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President of Pakistan
Answers
Answer:
Arif Alvi
Explanation:
He is the president of Pakistan since 2018.
Answer: arif alvi
Explanation:
is the president of pakistan he started to be the president of pakistan since 2018
and i do appreciate you.
can banks create money?
Answers
Answer:
yes
Explanation:
most of the money in our economy is created by banks in the form of banks deposits - eg the numbers that appear in your account. Banks create new money whenever they make loans
In most situations, a small business should keep their business tax records for a minimum of how long
Answers
In most situations, a small business should keep their business tax records for a minimum for 3 years. If you don't submit a return, keep records for as long as necessary.
What do you mean by the business tax records?If you file a claim for credit or refund after filing your return, keep records for 3 years from the date of your initial return's filing or 2 years from the day you paid the tax, whichever comes first.
If you submit a claim for a deduction for bad debts or a loss from worthless securities, keep records for seven years.
If you fail to submit income that you should have reported and it represents more than 25% of the gross income listed on your return, keep records for six years.
Therefore, in most situations, a small business should keep their business tax records for a minimum for 3 years. If you don't submit a return, keep records for as long as necessary.
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Journal entries of cash paid to suman Rs 16800 and discount allowed by him Rs200??
Answers
Answer: 16600
Explanation:
Discount is nothing but an Expense.
According to golden rule,Debit all Expenses and Credit all incomes.
The journal entry is a follow:
Suman A/c dr. 16800
Discount A/c dr. 200
To Cash A/c. 16600
3. Sarah's mom has given her a $100 budget for her birthday present. Sarah knows exactly
what she wants - a new pair of shoes that cost $95. Sarah lives in a state with 5% sales
tax and a city with 1% sales tax. Can Sarah afford the shoes and why?
Answers
Explanation:
Sarah's mom has given her a $100 budget for her birthday present. Sarah knows exactly what she wants - a new pair of shoes that cost $95. Sarah lives in a state with 5% sales tax and a city with 1% sales tax. Can Sarah afford the shoes and why?
taxes: 5% + 1% = 6% or 0.06
$95 + ($95 * 0.06)
= $100.70
No, she cannot afford the shoes. She needs $0.70 more to make the purchase.
(Figure: Payoff Matrix I for Blue Spring and Purple Rain) The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to:
Answers
The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to: always charge a low price.
What is a Payoff Matrix?Generally, In the field of game theory, a description of a game is referred to as normal form. In contrast to extended form, normal-form representations are not graphics in and of themselves; rather, they use matrices to depict the game in question.
The outcomes of the decisions made by players in a game may be represented using something called a reward matrix.
The structure of a game, such as whether players take in turns to do actions or if a player must make a decision without knowing what option the other player will make, is not conveyed by a payout matrix. Components that make into a payoff matrix.
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Q
o
+
2022 International investment (7)
11. The shares of Microsoft were trading on NASDAQ on January 1 at $41. A Swedish
investor purchased 100 shares of Microsoft at that price. The Swedish kroner to dollar
exchange rate then was $:Skr = 9.4173-9.4188. One year later, the investor received a
dividend of $2 per share, and the investor then sold the shares at a price of $51 per
share. The exchange rate at that time was $:Skr = 9.8710-9.8750. The dividend with-
holding tax rate in the United States is 15 percent and there is a tax treaty between the
United States and Sweden that allows the U.S. withholding tax to be used as a tax credit
in Sweden. Suppose the Swedish investor is taxed at 50 percent on income and 15 per-
cent on capital gains, and ignore any commissions on purchase and sale of shares.
a. What is the gross rate of return on the investment, in dollars?
b. What is the gross rate of return on the investment, in kroners?
c. What is the rate of return on the investment, in kroners, net of taxes?
Answers
The overall rate of return on an investment before any fees, commissions, or expenses is known as the gross rate of return. A month, quarter, or year is used as the unit of measurement for the gross rate of return.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
As an investment, what experts alter is figuring out your goals and risk permissiveness – either on your own or with the help of a financial professional. There is no warranty that you'll make money from your investment funds. Before you begin an investment fund.
Therefore, an investment before any fees, commissions, or expenses is known as the gross
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Which is not something the government must use to enforce consumer-protection legislation?
production oversight
censorship
product safety testing
hire inspectors
Answers
Answer:
censorship
Explanation:
everything else on the list keeps things safe, production oversight helps quality control and sanitary conditions, safety testing helps ensure safety, and inspectors also help do both. censorship doesn't do anything to help these.
Censorship is not something the government must use to enforce consumer-protection legislation. Thus the correct option is B.
What is government?A government is referred to as an administrative body that controls the functioning of any country by implementing rules and regulations and introducing a better standard of living.
The act or concept of eliminating words that are explicit or graphic imagery from a public audience is known as censorship. Additionally, self-censorship exists, which is the practice of holding back on saying particular things.
For the purpose of fighting to spy, all this is utilized. Governments withhold information from their people when they practice censorship of politics. It is common practice to do this in order to exercise control over the public and suppress free speech that could spark an uprising.
Therefore, option B is appropriate.
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Netflux is selling for $105 a share. A Netflux call option with one month until expiration and an exercise price of $116 sells for $2.10 while a put with the same strike and expiration sells for $12.22.
a. What is the market price of a zero-coupon bond with face value $116 and 1-month maturity?
Answers
The market price of a zero-coupon bond with face value $116 and 1-month maturity is $ 115.12.
What is market price?Market price is defined as the price at which a good or service is now available for purchase or sale. Market valuations and prices frequently take into account additional elements, such as the expenditures associated with home sales or other transactions.
The market price can be calculated as
= $ 105 + $ 12.22 - $ 2.10
= $ 117.22 - $ 2.10
= $ 115.12
Thus, the market price of a zero-coupon bond with face value $116 and 1-month maturity is $ 115.12.
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What are the three standard forms of equation of a straight line.
Answers
Answer:
There are three major forms of linear equations: point-slope form, standard form, and slope-intercept form.
Explanation:
Point-slope : is the general form y-y₁=m(x-x₁) for linear equations. It emphasizes the slope of the line and a point on the line (that is not the y-intercept).
Suppose that a researcher is interested in estimating the mean systolic blood pressure, μ, of executives of major corporations. He plans to use the blood
pressures of a random sample of executives of major corporations to estimate μ. Assuming that the standard deviation of the population of systolic blood
pressures of executives of major corporations is 25 mm Hg, what is the minimum sample size needed for the researcher to be 99% confident that his esti
is within 6 mm Hg of μ?
Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum wholl
number that satisfies the requirements).
Answers
Answer:c
Explanation:
what was the economic and managerial legacy of the industrial revolution? what were the challenges?
Answers
During the Industrial Revolution, an agrarian economy gave way to an industrial one in which machines as well as humans were used to make goods.
As a result, there was an increase in productivity and efficiency, a rise in the production of products and services, a decline in prices, greater incomes, and a migration of people from rural to urban areas.
The Industrial Revolution brought about significant changes in social and economic structure. Among these changes were a wider income distribution and an increase in international trade. Hierarchies in management also developed to regulate the division of labor.
Poor workers were occasionally confined in cramped, appallingly inadequate settings. Employees endured risky working conditions, including cramped offices with poor ventilation, injuries from machinery, and exposure to toxic substances.
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What does predatory pricing involve?
government charging tariffs to make foreign products cost more
large company charging below its production cost in order to eliminate competition
several companies making misleading statements about their products
group of companies agreeing on a particular price to charge for their products
Answers
Answer:
b) large companies charging below production cost in order to eliminate competition
how would you evaluate the courts claim that giving a gift of trading information is the same thing as trading by the tipper followed by a gift of the proceeds?
Answers
Answer:
Explanation:
To evaluate the courts claim that giving a gift of trading information is the same thing as trading by the tipper followed by a gift of the proceeds, it is necessary to consider the legal definitions and implications of these actions.
Under the law, trading on inside information, or "tipping," is illegal if it is done for personal gain or to benefit someone else. This is because it allows individuals to profit from non-public information that others do not have access to, which can be unfair and harmful to the market.
However, if the tipper simply provides the inside information as a gift, without any expectation of receiving anything in return, this may not be considered illegal. In this case, the tipper is not personally profiting from the information and is not directly benefiting anyone else through the gift.
Therefore, the courts claim that giving a gift of trading information is the same thing as trading by the tipper followed by a gift of the proceeds may not be entirely accurate. While both actions involve the sharing of inside information, the motivations and implications of these actions are different and may be treated differently under the law.
Now that you have learned about the different types of decision-making styles, write about the kind of decision maker you are, what your abilities are, and what aspects of your style you need to improve
Answers
Answer:
Explanation:
Throughout your career, you'll be faced with decisions in the workplace. Whether your choices impact your team or the entire company, how you analyze information and consider the opinions of others speaks to your leadership style, but also your approach to decision-making, which falls into four basic types.
In this article, we explain the four main styles of decision-making in the workplace, complete with examples, so you can understand what style (or styles) you use to make decisions day to day.
Answer:
I think of myself as somewhat of an agonizer. I tend to spend a lot of time analyzing a situation. Although a thorough analysis of a problem is important, I have a habit of over-thinking an issue while trying to comprehend it from various angles. It takes me forever to make a decision. Therefore, by the time I make a decision, someone else has already come up with a solution or the problem has ceased to exist on its own. I believe I am not able to contribute much during a problem-solving process, even though I might be able to provide valuable inputs. Since I end up delaying my final decision, I miss opportunities to present solutions due to my lack of time management.
First, I need to start trusting my ability to solve a given problem. When I think I have a good idea, I should follow through and present it to my friends and colleagues who share in the problem, or with the people who expect me to come up with a solution for a given issue (my teachers, family members, superiors, etc.). Instead of waiting to find the perfect solution to a given problem, I should go ahead and pitch the best logical solution that I can develop on my own.
Explanation:
plato
What is true about writing a cover letter
Answers
The true statements about writing cover letters are that:
A cover letter should be tailored to meet the objectives of the job you are seekingA cover letter should highlight your skills and experiencesWhat goes into the cover letter?A cover letter is the letter written to a company that you are applying for a job in. The cover letter basically introduces who you are, why you are applying, and what you think you can add to the company that would be of value. As a result, it is best that you tailor the cover letter to the objectives of the job that you are applying for, or that you are seeking.
To help you stand a better chance of being considered, you should include your skills and experiences. Even though these will already be highlighted in your resume, there is still a need to summarize it on the cover letter so that the person doing the screening can take note. However, be careful of the fact that some jobs don't ask for cover letters.
Options for this question include:
A cover letter should be tailored to meet the objectives of the job you are seekingA cover letter should explain skills you don't possessA cover letter should be informal and talkative to make the best impressionA cover letter should highlight your skills and experiencesA cover letter should describe why you left your former jobFind out more on cover letters at https://brainly.com/question/3602860
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What is the MOST LIKELY effect of the president's policies?
A)The government will operate with a budget surplus and the national debt
will grow.
B)The government will operate with a budget surplus and the national debt
will shrink.
C)The government will operate with a budget deficit and the national debt
will grow.
D)The government will operate with a budget deficit and the national debt
will shrink.
Answers
A finances deficit takes place whilst fees exceed sales and is the time period normally used to refer to authorities spending and countrywide debt.
The required details for Budget deficits in given paragraph
A finances deficit takes place whilst fees exceed sales and may imply the monetary fitness of a rustic. The time period is normally used to consult authorities spending in place of corporations or individuals. Budget deficits have an effect on the countrywide debt, the sum of annual finances deficits, and the cumulative general a rustic owes to creditors. Certain unanticipated occasions and regulations can also additionally motive finances deficits. Countries can counter finances deficits with the aid of using elevating taxes and reducing spending. When a finances deficit is identified, modern-day fees exceed the quantity of profits acquired via fashionable operations. To accurate its nation's finances deficit, regularly known as a monetary deficit, a central authority can also additionally reduce lower back on positive fees or growth sales-producing activities.
A finances deficit can cause better ranges of borrowing, better hobby payments, and occasional reinvestment, so that you can bring about decrease sales at some stage in the subsequent year.
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A finances deficit takes place whilst fees exceed sales and is the time period normally used to refer to authorities spending and countrywide debt.
The required details for Budget deficits in given paragraph
A finances deficit takes place whilst fees exceed sales and may imply the monetary fitness of a rustic. The time period is normally used to consult authorities spending in place of corporations or individuals. Budget deficits have an effect on the countrywide debt, the sum of annual finances deficits, and the cumulative general a rustic owes to creditors. Certain unanticipated occasions and regulations can also additionally motive finances deficits. Countries can counter finances deficits with the aid of using elevating taxes and reducing spending. When a finances deficit is identified, modern-day fees exceed the quantity of profits acquired via fashionable operations. To accurate its nation's finances deficit, regularly known as a monetary deficit, a central authority can also additionally reduce lower back on positive fees or growth sales-producing activities.
A finances deficit can cause better ranges of borrowing, better hobby payments, and occasional reinvestment, so that you can bring about decrease sales at some stage in the subsequent year.
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Tim and Rebecca just had a baby. They received money as baby gifts and want to put it away for the baby's education.
Which of the following is likely to have the highest growth over the next 18 years?
A. U.S. government savings bond
B. Corporate Bonds
C. Credit union checking account
D. Company stocks
Answers
Answer:
Credit Union Checking Account is correct answer.
Explanation:
A bank account where you can collect interest by leaving money in there for 18 years it will just be collecting all that interest.
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Sunland company is considering buying a machine for $420000
Answers
If Sunland Company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. The cash payback period on this investment is: c. 8 years.
How to find the Cash payback periodFirst step is to calculate the depreciation using this formula
Depreciation = Cost of assets - Salvage value / Useful life of assets
Depreciation = $240,000 - $0/10
Depreciation = $240,000/10
Depreciation =$24000
Second is to find the cash flow
Cash flow = Net income +Depreciation
Cash flow =$6000+ $24,000
Cash flow = $30,000
Third step is to find the cash payback period on this investment
Cash payback period = Cost of assets / Cash flow
Cash payback period =$240,000/$30,000
Cash payback period =8 years
Therefore the correct option is C.
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The complete question is:
Sunland Company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $6,000 each year. The cash payback period on this investment is
a. 20 years
b. 10 years
c. 8 years
d. 4 years
If Stuart buys a $20,000 car with a down payment of $2,000 and is given a 3-year loan with an APR of 10.4 percent and
monthly payments of $584.20, what is the dollar amount of the finance charge on this loan?
A. $18,000.00
B. $3,031.20
C. $2,048.72
D. $21,031.20
Answers
NOT SURE!
Try and tell me
If Stuart buys a $20,000 car with a down payment of $2,000 and is given a 3-year loan with an APR of 10.4 percent and monthly payments of $584.20, $18,000.00, is the dollar amount of the finance charge on this loan. Thus, option (a) is correct.
What is loan?A loan is any sum of money, a piece of property, or other tangible item that is given to another party with the understanding that it will be paid back, plus interest, at a later date. The loan was the provided of the financial institution on the low interest rate.
The value of the car = $ 20,000,
The amount of down payment = $ 2,000,
If he takes a loan for paying the remaining amount of the car,
Then, the amount financed on this loan = The value of the car - down payment
= $20,000 = $2,000
= $ 18,000
As a result, the $18,000.00, is the dollar amount of the finance charge on this loan. Therefore, option (a) is correct.
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The least expensive type of marketing research method is a(n)
Answers
All of the following rollovers are allowed EXCEPT
Answers
Answer:
what is the question for
Question 5 of 10
Which of the following best describes the essential goal of a leader?
A. Being able to profit from the organization
OB. Being able to get people to do what you want them to do
C. Being able to provide energy to employees
D. Being able to hire and fire employees
SUBMIT
Answers
please help me i really need help
Answers
Answer:
$6,000
Explanation:
James often feels underappreciated at work and feels as though his quality of
work on projects is unrecognized.
HOW CAN THIS PROBLEM BE SOLVED ?
Answers
James should solicit feedback, Inform your management, Be accountable for your contributions, and Let them know how much you appreciate them.
What does your job best for recognizing and appreciating you?They will feel most valued when you provide your staff members with a sense of purpose, success, and community.
Tell them exactly how they contribute and how they fit into the bigger picture of your firm, in addition to how they interact with their teams and the more significant business.
Verify your own worth, Exercise before work, change your attitude, and concentrate on minor victories.
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a 2% increase in customer retention has the same net effect on a business as decreasing costs by 10%
Answers
Customer retention can increase company revenue by 25-95% with a 5% increase. Customers who are returning buy more frequently and spend more money than new customers. They recognize the worth of a product or service and return time and time again.
What is the customer retention percentage?The percentage of existing clients who remain customers after a certain period is referred to as the customer retention rate. Your customer retention rate can help in understanding what keeps customers coming back to your company and can also indicate opportunities to improve customer service.
Acquiring new customers can cost up to five times as much as satisfying and retaining existing customers. A 2% increase in customer accumulation has the same effect as a 10% reduction in costs. Increasing customer retention by 5% boosts profits by 25 to 95%.
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It is important to conduct business research in order to objectively make decisions. Assume you are a supervisor for a manufacturing company, which is experiencing lower sales this year compared to the same period last year. What research would you conduct to determine why sales are lower? What data would you collect and analyze? Which employees would you contact? Which outside consultants, if any, would you contact?
Answers
A net loss can be caused by a variety of circumstances, including poor revenues, fierce competition, ineffective marketing initiatives, and increasing cost of products sold (COGS).
While there are several techniques for doing market research, most organizations utilize one or more of the following: surveys, focus groups, personal interviews, observation, and field testing.
What kind of customer research do you do?Interviews, surveys, focus groups, and ethnographic field studies are some of the quantitative and qualitative approaches used in customer research. It may also include conducting desk research on internet reviews, forums, and social media to see what people are saying about a product.
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Suppose you took out a 15-year mortgage for $140,000, at an annual rate of 5%. After 5 years, the 15-year mortgage rate dropped to 2%, and you decided to refinance at this low interest rate. (a) how much remains to be refinanced on the second mortgage? (b) how much will your monthly payment be? (c) how much do you save (gain) by refinancing? (write the answer up to 2 decimal places .)
Answers
Answer:
a) $112,000
b) $541.67
c) $2,945.00
analysis of marketing perspectives over time. As a business, what perspectives will you use to develop a sustainable business?
Answers
A company activity is typically viewed as sustainable if it is both financially feasible and socially and environmentally responsible. Businesses that incorporate ethical business practices and environmental awareness as key components of their growth strategy frequently produce sustainable economic values.
What do you mean by Business?An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business.
An examination of the market might reveal information about your competitors and potential clients. The following are the main parts of the market analysis: Analyze the broad industrial environment in which you compete through industry analysis. Determines and quantifies the clients you will target for sales through target market analysis.
Therefore, A company activity is typically viewed as sustainable if it is both financially feasible and socially and environmentally responsible.
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