« previous next »

Author Question: Refer to the above figure. Suppose the current aggregate demand is represented by AD2. If aggregate ... (Read 114 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
Refer to the above figure. Suppose the current aggregate demand is represented by AD2. If aggregate demand falls to line AD3, then
 
  A) the new equilibrium will be at j.
  B) the new equilibrium will be at k.
  C) the new equilibrium real Gross Domestic Product (GDP) will be x.
  D) a new price level will be established at a.

Question 2

In which industry structure is advertising and sales promotion likely to be most important?
 
  A) perfect competition
  B) monopoly
  C) monopolistic competition
  D) All of the above are equally reliant on effective advertising and promotion.


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 29, 2018
Thank you :)


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ... C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ...
Paul Colin, Figure of a Woman. Paul Colin, Figure of a Woman.
Ugonachomma display figure, Igbo, Nigeria. Ugonachomma display figure, Igbo, Nigeria.
Drawing of Central PompeII In Its Current State Drawing of Central PompeII In Its Current State
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Video: Blood Pressure Measurement

For a complete list of videos, visit our video library