ZuoTi.Pro
Question

1. List 4 determinants of AS 2. Connect one or more of these determinants with each...

1. List 4 determinants of AS

2. Connect one or more of these determinants with each of the question in PAGE 1 of the attached exercise . You may find the same exercise in the folder of "Exercises" . In other words, for each of the question in PAGE 1, identify the determinant of AS that's more relevant. State the determinant(s).

3. Explain very briefly how the change in this determinant can affect the AS.

4. Illustrate the change in AS in the AS-AD diagram. Describe what happens to the equilibrium. Label your diagram clearly.

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

ecleterminants ate to the labour en theix suices It is one o the hay dleteiminon unebyring the set, connection mech an。JMGt may hels not in Jong un. () leechno → lee technolog has on produc Hon impuovements innova/tony and eti cencyin the wok place. T technolo跗Smrseoves the produc ttuig, ) ehanges-in input /24ces → If the cest of nput, changes, the AS curve sh ih ei the puite dedexines the AS awwe.overnment Kegulaガons → pngclue kion。@ntetene to precdute the nations owpur Gout negeleions also nluence the41. AS 3 El Roan片れす When the AS cusuve shi/ts to dhe JagN, t denotes that the cost of bsoduetion has Come down, co hich has gel-puoduceosinCA qvantt noeave vre versa hoppens when AS shi ps to dhe Jelt. Aue to hithe cost lecieases

2nd question cannot be solved due to lack of information.

Hope this answer solves your purpose. Do give it a thumbs up. All the best.

0 0
Add a comment
Know the answer?
Add Answer to:
1. List 4 determinants of AS 2. Connect one or more of these determinants with each...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 2. Connect one or more of these determinants with each of the question in PAGE 1...

    2. Connect one or more of these determinants with each of the question in PAGE 1 of the attached exercise . You may find the same exercise in the folder of "Exercises" . In other words, for each of the question in PAGE 1, identify the determinant of AS that's more relevant. State the determinant(s). 3. Explain very briefly how the change in this determinant can affect the AS. here's the determinants A new immigration law increases the size of...

  • 1. List 5 determinants of consumption. 2. For each of the following, identify and state the...

    1. List 5 determinants of consumption. 2. For each of the following, identify and state the determinant of consumption that's most relevant. Explain the change in consumption that results from a change in this determinant. Illustrate the change using a consumption function curve and an AD (two diagrams side by side). a. Consumer households are very optimistic as the job market is very robust. b. Consumer households' wealth increases as the value of residential housing has been appreciated in the...

  • Assignment Instructions 1. State at least TWO determinants of each of the components of the AD,...

    Assignment Instructions 1. State at least TWO determinants of each of the components of the AD, namely consumption, investment and net exports 2. With help of the AD-AS diagram, explain briefly how a change in the determinants stated above may change the AD and consequently the macroeconomic equilibrium

  • Assignment Instructions 1. State at least TWO determinants of each of the components of the AD, namely consumption,...

    Assignment Instructions 1. State at least TWO determinants of each of the components of the AD, namely consumption, investment and net exports. 2. With help of the AD-AS diagram, explain briefly how a change in the determinants stated above may change the AD and consequently the macroeconomic equilibrium

  • 1 EXERCISE 5.2 1. Evaluate the following determinants:

     EXERCISE 5.2 1. Evaluate the following determinants: 2. Determine the signs to be attached to the relevant minors in order to get the following cofactors of a determinant: (C13l, IC23i, (C3sl. Canl, and Cu). 6. Find the minors and cofactors of the third row, given EXERCISE 5.3 4. Test whether the following matrices are nonsingular: EXERCISE 5.4 4. Find the inverse of each of the following matrices: 6. Solve the system Ax=d by matrix inversion, where EXERCISE 5.5 1. Use Cramer's rule to solve the following equation systems: 3. Use Cramer's...

  • Using AD-AS diagrams, illustrate the following and for each of them, describe the change in the...

    Using AD-AS diagrams, illustrate the following and for each of them, describe the change in the equilibrium price and output. Label your diagram clearly. 1. An increase in AD 2. A decrease in AD 3. An increase in AS 4. A decrease in AS

  • 1. Describe the effects of each of the following events on the US economy (i.e. What...

    1. Describe the effects of each of the following events on the US economy (i.e. What may happen to the price? To the real output?). Explain briefly what cause these effects (i.e. What happens to determinants of AD or AS or both? Why? ).Illustrate your answers in given AD-AS diagrams. Label your diagrams and changes carefully. a) Potential middle-east war pushed the price of oil higher. b) Technology innovation results in a more efficient production method of goods. c) Stock...

  • Pleasee Using AD-AS diagrams, illustrate the following and for each of them, describe the change in...

    Pleasee Using AD-AS diagrams, illustrate the following and for each of them, describe the change in the equilibrium price and output. Label your diagram clearly. you may hand draw the graphs (neatly), 1. An increase in AD 2. A decrease in AD 3. An increase in AS 4. A decrease in AS

  • Question #4 a. Assume that the real wage in an economy is held above equilibrium. i....

    Question #4 a. Assume that the real wage in an economy is held above equilibrium. i. Graphically illustrate how an increase in the supply of labor will change the number of unemployed workers. Be sure to label the axes and the quantities of labor hired before and after the increase in the labor suppl y. ii. Explain in words what happens to the number of unemployed as a result of this change. Page 5 b. i.If the nate of job...

  • 2-Consider the market for minivans. For each of the events listed here, identity which of the determinants of deman...

    2-Consider the market for minivans. For each of the events listed here, identity which of the determinants of demand or supply are affected. Also indicate whether demand or supply increases or decreases. Then draw a diagram to show the effect on the price and quantity of minivans. a. People decide to have more children. b. A strike by steelworkers raises steel prices. c. Engineers develop new automated machinery for the production of minivans. d. The price of sports utility vehicles...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT