Answer: Keynesian economic theory
Explanation: Keynesian analysis says the rise in aggregate demand will ___boost growth _____ Keynesians believe consumer demand is the primary driving force in an economy. while the neoclassical model predicts ____looked at labor contracts as sources of wage stickiness to generate equilibrium models of unemployment.____ in the long run.
Answer:
1.) entry-level, 2.) full-time job, 3.) Salaried Job, 4.) Job with Benefits
Explanation:
Got it right of edge.
Answer:
The amount of the manufacturing overhead costs is $314,000
Explanation:
The computation of the manufacturing overhead cost is shown below:
= Indirect Labor + Depreciation on Factory Plant and Equipment + Plant Utilities and Insurance
= $18,000 + $24,000 + $272,000
= $314,000
The manufacturing overhead cost includes only indirect costs other than direct costs like direct labor, direct material, etc. Because of this, we do not considered it
Answer:
b. the marginal benefit of the sixth banana exceeds its price.
Explanation:
Consumer consumes a commodity only until: that commodity consumption yields him/ her more or at least equal satisfaction than the - dissatisfaction from loosing money (price) spent at that commodity.
Marginal Benefit is in terms of Marginal Utility i.e Additional Satisfaction that consumer gains from consuming an additional unit of a commodity.
So, Christine will purchase 6th Banana only if additional satisfaction from that additional banana's consumption > dissatisfaction owing to price cost paid for it.
If Marginal Value < Price, its satisfactory loss making for her & she will rather reduce banana consumption. Average & Total Values are not apt tools to analyse the case.
