This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the short run, firms expand their production when the price level rises because A) the money ... (Read 10 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
In the short run, firms expand their production when the price level rises because
 
  A) the money wage rate remains constant so the higher prices for their products makes it profitable for firms to expand production.
  B) each firm must keep its production up to the level of its rivals, and some firms will expand production as the price level increases.
  C) the higher prices allow the firm to hire more workers by offering higher wages, thereby increasing productivity and profits.
  D) firms can increase their profits by increasing their maintenance.

Question 2

Liquidity is the same as
 
  A) easy conversion of money to an asset, allowing for loss of value.
  B) diversification of an investor's store of value.
  C) easy conversion of an asset to a means of payment, allowing for loss of value.
  D) easy conversion of an asset to a means of payment, with little or no loss of value.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ttt030911

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


tingc95

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Gracias!

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

In nest, under production In nest, under production
Confirming an Extinction-Level Impact Site Confirming an Extinction-Level Impact Site
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
There are many ways for an individual to monitor his or her blood glucose level There are many ways for an individual to monitor his or her blood glucose level
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library