assume that the production order quantity model can be used in a situation where annual demand is 3,650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 units, and the daily production rate is 100 units. the production order quantity is units.

Answers

Answer 1

The production order quantity is units is 184.

Solution:

Q = (2KD/(h(1-x)^(1/2)

Q = (2503650/(12(1-(10/100)

= (365,000/10.8)^(1/2)

= 183.83

In conventional production inventory management, production order quantity was determined by referring to costs such as ordering cost and inventory cost. However, quality may change due to deterioration during the manufacturing process.

Economic Order Quantity is the ideal order quantity that a business purchases for its inventory. A minimum order quantity is a small number of products that must be purchased from the supplier in one order. The supplier sets his MOQ so as not to waste resources on orders that bring little or no profit. May be based on quantity or total order value.

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Related Questions

Fine press is considering replacing the existing press with a more efficient press. The new press costs $70,000 and requires $5,000 in installation costs. The old press was purchased 3 years ago for an installed value of $45,000 and can be sold for $20,000 net of removal costs today. Both presses are depreciated under the macrs 5-year recovery schedule. The firm pays a 40% margin tax rate. Calculate the initial cash flow required to acquire the new press. Assume no change in net working capital

Answers

Year Original Cost Rate Depreciation  Closing balance

1 35000 20% 7000 28000

2 35000 32% 11200 16800

3 35000 19.20% 6720 10080

4 35000 11.52% 4032 6048

5 35000 11.52% 4032 2016

6 35000 5.76% 2016 0

Book value of old machine = 16800

Sale Value = 20000

Profit on sale = 20000-16800 i.e 3200

Proceeds net of tax = 3200*0.60 i.e 1920

Initial investment of the new asset = ( 60000-18720) i.e 41280

funding is the determination of money to purchase of an asset to gain an boom in fee over a time period. funding calls for a sacrifice of some gift asset, inclusive of time, cash, or effort. In finance, the purpose of investing is to generate a go back from the invested asset. The go back may additionally consist of a benefit (profit) or a loss found out from the sale of a belongings or an investment, unrealized capital appreciation (or depreciation), or funding income together with dividends, hobby, or condominium income, or a aggregate of capital gain and income. The return may also include forex profits or losses because of changes in the foreign currency exchange fees. buyers normally anticipate higher returns from riskier investments.

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international variables are linked through trade and financial flows. therefore, what trilemma is faced by a nation that wishes to keep its exchange rates with other nations fixed?

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It cannot have fixed exchange rates if it does not restrict foreign investment and also wants to control its own monetary policy.

Investment is the determination of cash to purchase of an asset to attain an boom in fee over a time period. funding calls for a sacrifice of some gift asset, inclusive of time, money, or effort. In finance, the reason of investing is to generate a go back from the invested asset.

Funding entails placing capital to apply nowadays as a way to increase its value through the years. Funding requires placing capital to paintings, in the form of time, cash, attempt, etc., in hopes of a more payoff inside the future than what become at the start put in.

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in a competitive industry: profits are only attainable in the long run to those firms able to innovate at the lowest cost. the opportunity cost of production is zero. all firms will earn above-normal profits if demand is high. resources move across firms in such a way that the total value of production is maximized.

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In a competitive industry, entry and exit decisions: ensure that labor and capital move across industries to optimally balance production.

A competitive industry allows firms to freely enter and exit the market and has few barriers to entry. For example, the market for pizza restaurants in a certain large city might be highly competitive, since anyone can choose to open a new pizza shop, and existing owners can close their doors whenever they please.

Running a business of any size, from a start-up to a major multinational, involves competition with other companies on a regular basis. Companies must compete for the patronage of potential customers in markets that are competitive. Perfect competition in economics refers to a perfect competitive environment that demonstrates specific crucial structural traits advantageous to consumers.

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What are the responsibilities of a campaign manager ?.

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A marketing campaign manager is the person responsible for planning and executing marketing campaigns.

They oversee and plan everything for their clients, including copywriting, design, and audience segments. Campaign leaders are people who work in different fields. For example, campaign managers may organize and execute marketing campaigns, and these are often people campaigning for politicians. Their role is one of importance, and their involvement could lead to election wins.

They are well versed in public opinion and social conditions. The campaign manager is responsible for overseeing all aspects of the campaign, including day-to-day operations, hiring and managing staff, coordinating and executing fundraising efforts, and continuing to coordinate with candidates. Campaign Manager also creates and manages campaign budgets. He should be characterized by good organizational skills and good interpersonal skills. Moreover, they should not be afraid of funding.

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what does the following sql command do? insert into customer t values (001,'john smith','231 west st','boston','ma','02115');

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sql command can do:

A) Adds a new record to the Customer_T

Structured Query Language is what it stands for. When using a database to carry out operations, functions, and queries on data, SQL commands are the instructions used to communicate with the database.

In addition to performing other tasks like creating tables, adding data to tables, modifying data, and dropping tables, SQL commands can be used to search the database.

The query's SELECT clause specifies which data columns should be displayed in the results. You have additional options if you want to display data that is not contained in a table column.

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discuss how the three categories of institutions (political, economic, and social) are important in establishing a foundation for normative values:

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The three categories of institutions (political, economic, and social) are important in establishing a foundation for normative values: Political, Economical, and Social.

Normative values are the desired, ideal, and standard values to be expected from an organization or an individual. Institutions play a major role in establishing a foundation for normative values though the basic normative values are derived from family, friends, and the environment in which one grows up.

Three main categories of institutions that have a great influence on normative values are - Political, Economical, and Social. Below is how they influence -

1. Political institutions - Political institution includes the form of government, the political environment prevalent in the country, etc. Depending on the type of government, the behavior and attitude of an individual can be affected. For example, a democratic form of government respects the fundamental rights of its citizens and hence the people are free to do whatever they want to unless they involve in any wrongdoings whereas a dictatorial and authoritative government enforces its citizens to be more submissive.

2. Economic institutions - Individuals' and organizations' behavior is also dependent on the economic system of the country or the place. Various types of economic systems include capitalism, communism, socialism, etc. each of which has its own set of rules for wealth distribution. Capitalism is for profit based system where the wealth is concentrated in the hands of a few whereas communism is an extremist system where the wealth is expected to be distributed among the poor by opposing feudal policies.

3. Social institutions - Social institutions highly influence the normative values of a person on a day-to-day basis. Various forms of social institutions include family, society, education, marriage, etc. An individual grows up inculcating family values and is also influenced by his/her education. Every important decision that an individual makes and the behavior he possesses depends on societal influence.

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TRUE/FALSE. a recent stock market boom has increased household wealth by $20 billion, which increases consumption by $13 billion, and the marginal propensity to consume in the economy is equal to 0.8.

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A recent stock market boom has increased household wealth by $20 billion, which increases consumption by $13 billion, and the marginal propensity to consume (MPC)in the economy is equal to 0.8. this is a false statement.

An increase in MPC reduces the multiplier, so changes in government spending have a greater impact on aggregate demand. Low Probability Consumption increases if consumption contributes significantly to additional income.

In other words, they save less and spend more. Higher MPCs are often produced at lower income levels than at higher income levels. If the economist can estimate his MPC, it can be used to calculate the overall effect of potential income increases. This is because the higher the MPC, the greater the multiplier and the greater the increase in consumption due to the increase in investment.

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joint venture an organization that does business in several countries multinational company (mnc) an agreement between two or more companies to share a business project

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Joint venture

An agreement for existing businesses to collaborate is known as a joint venture. The companies continue to operate independently and offer their goods and services. By joining a joint venture, you can accept additional, more significant, or international assignments, for instance, through combining networks, knowledge, and resources.

How can I create a joint venture?

You can take on initiatives you can't finish on your own via a joint venture, for instance, due to a lack of funds, expertise, or corporate resources (such as machines). You may also decide to form a joint venture because of market potential. You need more money to invest in your idea, but you do if you work with another company.

Benefits and drawbacks of a joint venture

Advantages

You can take part in more significant initiatives, like a tender.Together, you two can promote a product.With partners abroad, you can conduct business and collaborate.

Disadvantages

There could be conflicts. Taking the allocation of effort or profit as an example.Problems can arise from one's own business interests (conflict of interest).Co-founders are susceptible to financial issues. Then, agreements signed may be in danger.

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suppose a spring with spring constant is horizontal and has one end attached to a wall and the other end attached to a mass. suppose that the friction of the mass with the floor (i.e., the damping constant) is . set up a differential equation that describes this system. let to denote the displacement, in meters, of the mass from its equilibrium position, and give your answer in terms of . assume that positive displacement means the mass is farther from the wall than when the system is at equilibrium. help (equations) find the general solution to your differential equation from the previous part. use and to denote arbitrary constants. use for independent variable to represent the time elapsed in seconds. enter as c1 and as c2. your answer should be an equation of the form . help (equations) is this system under damped, over damped, or critically damped? ? enter a value for the damping constant that would make the system critically damped. help (numbers)

Answers

A value for the damping constant that would make the system critically damped

let x be the displacement of the spring.

Now,

Forcing function = 7sin(2t)

damping forces (acting in opposite direction) are spring force and frictional force

spring force = 8x

frictional force = 3*velocity = 3x' ----( as velocity is differential of x)

so net force on the block is [7sin(2t) - 8x - 3x']

also by newton's law, net force = m.a

and, a = x'' (acceleration is double derivative of displacement)

so by newton's law the net force on block is 3x''

so balancing gives,

7sin(2t) - 8x - 3x' = 3x''

hence position of clock 'x' is the solution of non-homogeneous equation

3x'' + 3x' + 8x = 7sin(2t)

with conditions that x(0) = x'(0) = 0 ... (velocity and position of block at t=0 is 0)

we will solve this by laplace transformation

taking L(x) = F(s)

take laplace of each terms

L(3x'') = 3s2F(s) .................. (as rest terms of 0)

L(3x') = 3sF(s) ......................(as rest terms are 0)

L(8x) = 8F(s)

and

L(7sin(2t)) = 7*2/(s2+4) = 14/(s2+4)

so writing LHS and RHS

[3s2 + 3s + 8].F(s) = 14/(s2+4)

or,

F(s) = 14/[(3s2 + 3s + 8)(s2+4)]

now take laplace inverse of RHS and what you will get is a particular solution xp

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What happens when the bond holder sells a bond after a price drop and before earning the full principal?.

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When the bond holder sells a bond after a price drop and before earning the full principal, then, there will be a capital loss.

What does capital loss mean?

Basically, a capital loss refers to the loss incurred when a capital asset, such as an investment or real estate decreases in value. This type of loss is not realized until the asset is sold for a price that is lower than the original purchase price.

Regarding taxes, a capital gains can be offset by capital losses, reducing taxable income by the amount of the capital loss. However, the Internal Revenue Service (IRS) puts measures around wash sales to prevent investors from taking advantage of the tax benefits of capital losses.

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bonds, stocks, and mutual funds are examples of assets, while land, buildings, and vehicles are examples of assets.

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Financial assets include, among other things, cash, investments in stocks, bonds, mutual funds, and bank deposits. Financial assets do not always have an intrinsic physical value or even a physical form, unlike real estate, commodities, or other tangible physical assets.

What type of asset is bonds?

Fixed income (or bonds)

Bonds are the most popular fixed-income investment, but they aren't the only kind. Certificates of Deposit, for instance, are likewise regarded as fixed income. Return: The yield on fixed income assets is fixed, as the name suggests.

Because it aids in capital preservation, fixed income is an asset class that is widely held. Bonds, often known as fixed-income investments, typically offer a premium above inflation and have lower return volatility than shares.

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Squid Roe's ROE increased two percentage points to 12%. This increase may have happened because Squid Roe _______.

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Squid Roe's ROE increased two percentage points to 12%. This increase may have happened because Squid Roe replaced its 12% debt with 10% debt and generated more profits than the interest incurred on its borrowed funds.

Debt can be simply explained as the amount owed by the borrower to the lender. A debt is the sum of money which is borrowed for a certain period of time and is to be return along with the interest. The amount as well as the approval of the debt depends upon the credit worthiness of the borrower.

In the above given question, Squid Roe's rate of interest increased two percentage points to 12% and this increase has happened because he has generated more profits than the interest incurred on its borrowed fund that replaced the 12% debt with 12% debt.

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how are opps services paid? a. using an apg payment indictor methodology b. using an apc status indicator methodology c. using an apg status indicator methodology. d. using an apc payment indicator methodology

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The APC status indicator approach is used to pay for OOPS  services.

What exactly is OPPS stand for?

Medicare determines how much money a hospital or community mental health center will receive for outpatient care given to people with Medicare through the Outpatient Prospective Payment System (OPPS). According to where the hospital or clinic is located, a different rate of reimbursement applies.

What does the abbreviation APC in medical billing mean?

Classifications of Ambulatory Payment

The government pays facilities for outpatient treatments for the Medicare program using "Ambulatory Payment Classifications," or APCs.

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What 4 things affect the business cycle?.

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The four factors that affect the business cycle can be business decision, interest rates, consumer Expectations and external issues.

In a business cycle, then related to business highly affects the business cycle and revenue because they are the basis of the business.

The interest rate affects the company in a very sensitive manner. If the company is doing good then it is no problem whatever may be the intrest rate but during the downfall, increased rate of intrest negatively affects the business cycle.

The consumer expectations is a factor that emphasize the business cycle to change in order to improve it's efficiency so that the Expectations of the consumer are met.

External issues include the environmental factors and the location.

This force are the factors that affects the business cycle.

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the permanent (continuing) file of an auditor's working papers most likely would include copies of the

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Based on the structure of the company's concept, the permanent (continuing) file of an auditor's working papers most likely would include copies of the Organizational Chart

What is Organizational Chart

An organizational chart is a term that is used to describe the organigram, organogram, organizational breakdown structure of a company.

This organizational chart is usually presented in a diagram that indicates the hierarchy of an organization and the connections and relative ranks of its parts and positions/jobs.

They are various types of organizational charts, with each having its positives and negatives.

These types of organizational charts include the following:Functional Top-Down organizational chart Flat organizational chart Divisional organizational chart Matrix organizational chart

Hence, in this case, it is concluded that the correct answer is "Organizational Chart."

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aurie Inc.'s static budget for 10,000 units of production includes $60,000 for direct materials, $44,000 for direct labor, fixed utilities costs of $5,000, and supervisor salaries of $25,000. A flexible budget for 12,000 units of production would show
a.direct materials of $60,000, direct labor of $52,800, fixed utilities of $6,000, and supervisor salaries of $25,000
b.direct materials of $72,000, direct labor of $52,800, fixed utilities of $5,000, and supervisor salaries of $25,000
c.the same cost structure in total
d.total variable costs of $159,800
A disadvantage of static budgets is that they?
a. do not show possible changes in underlying activity levels
b. are dependent on previous year's actual results
c. show the expected results of a responsibility center for several levels of activity
d. cannot be used by service companies

Answers

A disadvantage of static budgets is that they A. do not show possible changes in underlying activity levels.

What is a static budget?

A static budget forecasts revenue and expenses over a specific time period but remains constant even as business activity changes. Non-profit, educational, and government organizations frequently use static budgets. A static budget model is most useful when a company's sales and expenses are highly predictable and are not expected to change significantly over the budgeting period as in a monopoly situation.

Budgets are critical in assisting businesses in tracking their finances, understanding their expenses, and identifying ways to maximize profit. A static budget is one that remains constant even as other factors such as revenue and sales volume change.

The static budget is based on the expected output level and revenue of the firm at the start of the accounting period that it is intended to cover. For example, if a company earned $5 million in revenue in the previous year, the company may create a static budget based on that figure.

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Answer: The correct answer is b.

A flexible budget is that budget which includes all the flexibility and change in the output. In comparison to Static budget, the flexible budget is more useful. It includes Fixed and variable both.

Explanation:

Direct material = 60,000 /10,000 * 12,000 = 72,000

Direct labor = 44,000 / 10,000 * 12,000 = 52,800

Fixed utilities costs = 5,000

Supervisor salaries = 25,000

The correct answer is

b. direct materials of $72,000, direct labor of $52,800, fixed utilities costs of $5,000, and supervisor salaries of $25,000

Suppose the government imposes a price ceiling of $40 on this market. What will be the size of the shortage in this market?.

Answers

[tex]400[/tex]units; less than the quantity supplied Demanding more than the price cap results in a shortage.

In a market that is operating normally, the quantity provided and the quantity sought are in equilibrium at a price determined by market forces. A shortage occurs when there is an imbalance between supply and demand for a good or service. The market is said to be in a condition of disequilibrium when this happens. This circumstance often only lasts a short while before the product is supplied and the market returns to normal .It should be noted that the terms "shortage" and "scarcity" in economics should not be used interchangeably because while shortages are typically transient and remediable, scarcities tend to be systemic and difficult to replenish.

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discuss the reserve requirements method of conducting monetary policy, including a description of this method, the types of adjustments banks are likely to be required to make and the effects on the economy that are likely to result.

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One of the effective method of conducting monetary policy is for the central bank to increase or lower the reserve requirement which is the percentage of deposits made by each bank that it is legally required to keep either as cash in its vault or with the Federal reserve.

What Are the Reserve Requirements?

In economics, a reserve requirements refers to the amount of cash that banks must have in their vaults or at the closest Federal Reserve bank, in line with deposits made by their customers.

These reserve requirements are pre-set by the Federal reserve board of governors and this reserve requirements are one of the three main tools of monetary policy—the other two tools are open market operations and the discount rate.

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after finishing lunch at a local cafe, clara used her smartphone to get a discount on the bill. she is most likely using

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After finishing her lunch in local cafe, clara want and uses her smartphone to get a proper discount on his bill then she is most likely to make use of her mobile coupon.

A coupon is largely a code that a purchaser can input at checkout and get a reduction on their order.Сustomers can observe one coupon in step with order. When a discount is carried out on the checkout, the bargain quantity is deducted from the order subtotal — a complete price of all objects withinside the cart apart from taxes and transport.

You can create codes for monetary ($five off) or percentage (10% off) discounts, unfastened transport and a mixture of the two — a reduction (constant fee or percentage) plus unfastened transport. A bargain code is a mixture of letters and/or numbers or a word. You can use your very own codes or allow Ecwid generate them for you.

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Correct Question:

After finishing lunch at a local cafe, clara used her smartphone to get a discount on the bill. she is most likely using ____________.

on the maturity date, the journal entry to record the payment of $1,000,000 of bonds payable that were issued at a $70,000 discount includes a .

Answers

On the maturity date, the journal entry to record the payment of $1,000,000 of bonds payable that were issued at a $70,000 discount includes a debit to bonds payable for 1,000,000 credit to cash of 1,000,000.

A diary is a written or audiovisual report with discrete entries arranged by using date reporting on what has passed off over the path of an afternoon or other duration. Diaries have traditionally been handwritten but at the moment are additionally regularly digital. A private diary can also consist of someone's studies, thoughts, and/or feelings, apart from comments on cutting-edge events out of doors the writer's direct experience. a person who continues a diary is called a diarist. Diaries undertaken for institutional functions play a position in lots of components of human civilization, which includes government facts (e.g. Hansard), commercial enterprise ledgers, and navy facts. In British English, the word may additionally denote a preprinted magazine layout.

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the marginal product of labor is: a. the increase in firm revenue when an additional worker is employed. b. always greater than the wage earned by one additional worker. c. the additional output produced by an extra worker. d. the increase in costs borne by the firm when one extra worker is hired.

Answers

The marginal product of labor is the additional output produced by an extra worker.

Thus, the correct option is C.

What is marginal product?

The additional output created when one more unit of an input is added to the production process is known as a marginal product. Understanding marginal product is crucial when deciding how to distribute resources.

The total product value is divided by the difference in labor to determine the marginal product of labor. An excellent illustration of the marginal output of labor is a restaurant kitchen. Without cooks, the restaurant will produce nothing.

The increase in overall output caused by the addition of an additional unit of one of the productive elements is known as marginal productivity.

The ability to determine how much it is practical to raise the productive elements makes this notion crucial for producers and managers.

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Two firms, a and b, each currently dump 50 tons of chemicals into the local river. The government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. It costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. The government gives each firm 20 pollution permits. Government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. What is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other?.

Answers

Total cost of reducing pollution if the pollution permit trading is not allowed is $4,500. This cost is reduced to $3,500 if the pollution permit trading is allowed.

Using unitary method, total cost can be calculated as:

total cost = cost per unit x number of units.

In the given problem,

data of Firm A

chemical waste = 50 tons

cost of eliminate pollutant = $100 per ton

pollution permit from government = 20 tons

total cost of reducing pollution of firm A = (50 - 20) x $100

                                                                   = 30 x $100 = $3,000

data of Firm B

chemical waste = 50 tons

cost of eliminate pollutant = $50 per ton

pollution permit from government = 20 tons

total cost of reducing pollution of firm B = (50 - 20) x $50

                                                                   = 30 x $50 = $1,500

Hence, total cost of firm A and firm B if they don't sell/buy pollution permit to each other = $3,000 + $1,500 = $4,500

If the firms are allowed in trading the pollution permit, then firm A will buy the pollution permit of firm B.

Hence, the costs are:

total cost of reducing pollution of firm A = (50 - 40) x $100

                                                                   = 10 x $100 = $1,000

total cost of reducing pollution of firm B = 50 x $50 = $2,500

Hence, total cost of firm A and firm B if pollution permit trading is allowed = $1,000 + $2,500 = $3,500

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Is a 5 year fixed mortgage a good idea?.

Answers

Yes, a 5 year fixed mortgage is a good idea.

With a 5 year fixed rate deal, you’ll have a longer period of financial stability. This is especially useful in times of economic uncertainty, when interest rates are fluctuating a lot.It is a longer term deal you can work well if you’re confident that you’ll be staying in your home for the next few years.

It goes for a long term fixed rate deal can be a shrewd decision if interest rates are predicted to start rising soon. Unlike with a 2 year fixed mortgage, you won’t face the fees or the paperwork of remortgaging after only a relatively short time.

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Is a subsidy a non tariff barriers?.

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Yes, subsidy is a non tarrif barriers.

Subsidies are the direct payments made by the government to domestic producers. It can take form of cash payments, low interest loans, government participation in ownership, tax incentives, etc. Subsidies make those goods cheaper to produce than in foreign markets. This results in a lower domestic price.

Both tariffs and subsidies raise the price of foreign goods relative to domestic goods, which reduces imports.

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Question 6(multiple choice worth 5 points) (03.03 mc) which answer best details a weakness of the articles of confederation? the articles of confederation did not allow congress to tax the nation, which caused debt issues. the articles of confederation allowed congress to collect state taxes, but not control the amount of the taxes. the articles of confederation gave congress unlimited powers, including collecting sales taxes and state taxes. the articles of confederation allowed congress to tax the nation, which caused the citizens to be unhappy.

Answers

The essential weakness of the Articles of Confederation changed into that it did now not permit Congress to tax the nation, which brought on debt problems (A). not effective but it averted Congress from forming a relevant authority that would be capable of ruling the newly formed America.

With the passage of time, weaknesses within the Articles of Confederation became obvious; Congress commanded little admiration and no guidance from kingdom governments disturbing to preserve their electricity. Congress couldn't increase funds, or adjust alternate or behavior overseas coverage without the voluntary agreement of the states.

The main weakness of the Articles of Confederation became that Congress couldn't tax. Congress should only request that taxes be submitted. that is a huge weak point due to the fact tax cash is needed to do things like fund a navy and offer much-needed offerings for the country.

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Hiromi congratulated her staff when the team received an industry award for their project, and also sent a companywide e-mail announcing it. Here, hiromi is using her ________ power.

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Hiromi congratulated her staff when the team received an industry award for their project, and also sent a companywide e-mail announcing it. Here, hiromi is using her reward power.

What is reward power?

Reward power  can be regarded as the formal power  that can be utilized by the work leader  so as to give out rewards to other employees.

It should be noted that this is been conmsideed as a position power,  and this implies that the source of power is based on a leader's position with a company and it usually help to make the employee to be up and doing.

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when advertising increases brand loyalty for your company's brand, then the company's demand curve becomes: more elastic. horizontal. more unstable. more inelastic.

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When advertising increases the brand loyalty for your company's brand, then company's demand curve becomes more elastic.

What is demand curve?

In economics, a demand curve is a graph that depicts the relationship between a commodity's price (on the y-axis) and the volume of demand for it at that price. As shown in the graphic to the right, demand curves are frequently believed to slope downward. This is because the quantity needed for most products reduces as the price rises, according to the rule of demand. In certain rare situations, this rule does not apply. These include Veblen goods, Giffen goods, and speculative bubbles, where consumers are drawn to a product if its price increases. Demand and supply curves are routinely combined to model consumer behavior in highly competitive markets in order to estimate the equilibrium price and the equilibrium quantity of a market.

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The long-run aggregate supply curve is vertical because:
the economy will gravitate to the position of full employment when all variables are flexible.

Answers

The closer GDP comes to the natural rate of output, the more time a free market economy has to respond to price changes.

Explain about the long-run aggregate supply curve?

A curve illustrating the link between price level and real GDP that would be produced if all prices, including nominal wages, were fully flexible; prices can move along the LRAS, but output cannot because that output reflects the full employment output.

Only capital, labor, and technology have an effect on the aggregate supply curve over the long term. Since it is vertical in the long run, the curve could move to the right as a result of increased resources, labor availability, and advancements in technology.

The production factors ultimately decide how the aggregate supply curve shifts. The curve shifts to the right when the production factors rise, and to the left when the production factors fall.

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FILL IN THE BLANK. because the market outcomes in a competitive oligopoly are between those of a ___ , deadweight loss still exists, but it is lower than when there is collusion.

Answers

Answer: monopoly and a perfectly competitive market

Because the market outcomes in a competitive oligopoly are between those of a monopoly and a perfectly competitive market, deadweight loss still exists, but it is lower than when there is collusion.

i've been trying to list something on fb marketplace but it keeps saying its a draft and doesn't publish

Answers

It's a draft and doesn't publish it Violates our trading policy.

It means not for sale and in draft status. If they are for sale, their status will be for sale. This can happen if you did not click final confirmation when listing the item. Please enter the condition price and comment and press the button.

Pages must be published consistently. Otherwise, you will get a small warning first. If you don't post your page will be private. After editing a campaign ad group or ad select Close to save your changes. Ads are saved as drafts and can be reviewed and published later. Note You must click Publish for your changes to take effect.

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