If not all prices adjust instantly to changing economic circumstances, an unexpected fall in the price level leaves some firms with higher-than-desired prices, and these higher-than-desired prices depress sales and induce firms to the number of goods and services they produce.
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Business, 22.06.2019 04:30
How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )
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Business, 23.06.2019 06:10
Which steps would you take to determine how much an employee should be paid? select all that apply. determine the number of hours the employee was scheduled to work. determine the number of hours the employee worked. determine whether the employee worked overtime hours. determine whether any of the days worked are holidays that receive holiday overtime payment rates. determine the hourly rate this employee earns. determine whether this is a new employee.
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Business, 23.06.2019 08:30
In the supply-and-demand schedule shown above, the equilibrium price for cell phones is $25 $100 $200
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Business, 23.06.2019 20:30
In a growing number of cities, stores are required either not to make available plastic or paper bags or to do so only for an additional fee. if this fee can be refunded when someone recycles the bag, the refund acts as a(n) incentive.
Answers: 1
If not all prices adjust instantly to changing economic circumstances, an unexpected fall in the pri...
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