How the profits of firms will increase

Reference no: EM13128972

Other things constant, if the cost of labor goes down, the profits of firms will

a. increase, and short-run aggregate supply will shift to the right.

b. fall, and short-run aggregate supply will shift to the left.

c. increase, and long-run aggregate supply will shift to the right. d. fall, and long-run aggregate supply will shift to the left.

Reference no: EM13128972

Questions Cloud

Information about newton second law of motion : Suppose that a body moves in a straight line through a resisting medium with resistance proportional to the square of it's speed v with initial speed v_0 and initial position x_0.

Illustrate what was the balance in the investment account : During 2011, Adams reported income of $200,000 and paid dividends of $80,000. On January 2, 2012, Watts sold 5,000 shares for $125,000. Illustrate what was the balance in the investment account after the shares had been sold?

Using alternate valuation date : Ted died on May 3. At the time of his death, he owned a beach house valued at $250,000. On June 10, the beach house was completely destroyed by a hurricane and there was no insurance coverage. If the executor elects to use the alternate valuation ..

Find probability that women have mean pregnancy in range : A standard deviation of 25 days. If 100 women are randomly selected, find the probability that they have a mean pregnancy between 266 days and 268days.

How the profits of firms will increase : The cost of labor goes down, the profits of firms will increase, and short-run aggregate supply will shift to the right.

Explain geometric isomers illustration : Geometric isomers illustration, This is more of a theoretical question I think. Co(NH3)5ClBr has two compounds for that one formula.

Find out the net present value of the investment : Find out the net present value of the investment in the machine. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine?

Volume of solid generated by revolving region : Find the volume of the solid generated by revolving the region bounded by the graph of y=x*sqrt(4-x squared), y=0 about the x axis.

How many grams of kcl remained in solution : A solution containing 80 g of KCl in 200 g of water at 50 0 C is cooled to 20 0C, a) How many grams of KCl remained in solution at 20 0C and b) How many grams of KCl crystallized out

User Account

All Pages