BUSINESS HIGH SCHOOL

In the long​ run, changes in the price level do not affect the level of real GDP. B. In the long​ run, increases in the price level result in a decrease in real GDP. C. In the long​ run, increases in the price level result in an increase in real GDP. D. In the long​ run, changes in the price level may either increase or decrease real GDP.

Answers

Answer 1
Answer:

Answer:

d

Explanation:
Answer 2
Answer:

Answer: The last one (D.) is correct

Explanation: Because it says changes in price so the change can increase or decrease it cannot be the first on because the price DOES affect in the long run. It's not the third one because it makes no sense so ya. I hope this was helpful i'm not an expert

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Kiddy Toys produced beautifully made stuffed animals that many customers wanted. However, the product was so expensive that most potential customers could not afford it. Which of the following applies to this scenario?Multiple Choicea. high efficiency and high effectivenessb. high efficiency and low effectivenessc. low efficiency and high effectivenessd. low efficiency and low effectiveness

Which phrase defines complementary goods?A.)goods used in combination with other products
B.)goods given free of cost with the purchase of other items
C.)goods distributed as product samples among customers
D.)goods sold at a discounted price during sale season

Answers

The answer is A above. One example might be pen and paper. If someone buys paper he is also likely to buy a pen or pencil to write with. Also, if someone buys a printer, they are sure to buy paper and ink cartridges.

Goods used in combination with other products defines complementary goods. Correct answer:A The use of the complementary good is related to the use of an associated or paired good.From this follows the correct answer of the question.Two goods X and Y are complementary if using more of good X requires the use of more of good Y.

Why did Adam Smith support the "invisible hand" of the market?A. He believed free markets were the only way to keep society from falling into chaos.
B. He believed the economy was better off without government involvement.
C. He believed laissez-faire policies were the best way to keep the three major social classes stable.
D. He believed capitalism gave the most intelligent people an opportunity for success.

Answers

Adam Smith supported the invisible hand of the market because he believed that the economy was better off without government involvement.

Answer:

he believed that the economy was better off without government involvement.

Why are the factors of production necessary for the production of goods and services?

Answers

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.

Final answer:

The factors of production, including land, labor, capital, and entrepreneurship, are essential to goods and services production, enabling operation, task specialization, and innovation. They provide the means through which businesses can create their products or perform their services.

Explanation:

The factors of production are necessary for producing goods and services because they provide the resources businesses need to operate. These factors include: land, labor, capital, and entrepreneurship.

Land refers to all natural resources used in production, such as water, minerals, and land itself. Labor includes the physical and mental efforts of humans in production. Capital comprises machines, buildings, and tools used in production. Entrepreneurship, the risk-taking and organization of the other factors, is responsible for combining the other factors in an efficient manner.

Without these factors, production could not take place, specializing tasks becomes challenging, and there would be no medium to foster innovation.

Learn more about Factors of Production here:

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Producers exchange money for natural resources, human resources, and capital goods.

Answers

The statement presented above is True. As we already know a producer is someone who creates and provides goods or even services. Some examples of producers are farmers, manufacturers and construction companies. For a producer to be able to provide goods and services it needs natural resources, human resources and capital resources.

Answer: True

I hope it helps, Regards.

Paul Solomon is the owner of Solly's, an upscale restaurant in Tampa, Florida. Each year, Paul spends about $150,000 in advertising. As this year's ad budget decision must be made, Paul decides that he wants to know just how good his advertising dollars are working for him. He hires Getty Research Associates who recommend that he establish a baseline of awareness. Getty recommends a TOMA study which stands for Top-of-Mind-Awareness. TOMA studies consist of taking a probability sample of the population and asking respondents to name the first three "insert type of business here." Obviously, for Solly's, Getty would be asking respondents to name the top three restaurants in the area. The percentage of respondents that named Solly's would be a baseline measure of awareness, and future promotions could be evaluated in terms of whether or not they increased awareness. While Paul was intrigued with online surveys because they were fast and less expensive, Getty recommended a traditional telephone survey using the local Tampa directory. Getty also explained to Paul that "Plus One dialing" could be used to ensure that unlisted numbers were included. Though the directory was quite large and no electronic version was available, Getty felt they could efficiently draw the sample using a:A) simple random sampleB) judgement sampleC) stratified sampleD) cluster, area sampleE) systematic sample

Answers

Answer:

E. systematic sample

Explanation:

Base on the scenario been described in the question, Paul Solomon the owner of Solly's, an upscale restaurant in Tampa, Florida, wants to know how good his advertising dollars is work, he hires Getty research to do this, Getty research advised to do a TOMA study, for Getty to draw it samples, they have to use systematic sampling.

Systematic sampling is a statistical method sampling that involves the selection of elements or members from a well ordered sampling frame.

Police officers often use ________ To get information from their witnessesA. Intrapersonal communication
B. Small group communication
C. Interviewing
D. Public speacking

Answers

Intralpersonalcomunication
the answer to your question is A
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