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Draw the graph of the GG and LL schedules and explain the logic behind the slopes of each of the schedules.
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- I am having some trouble understanding how to graph the LRATC curve for the chart in this questionThe slope of the blue curve measures the plane's At point A, the slope of the curve is Calculating the slope, pay extra attention to the units of analysis.) The unit of measurement for the slope of the curve is , which means that the plane is At point B, the slope of the blue curve is (Hint: Calculating the slope, pay extra attention to the units of analysis.) which means that the plane is at a rate of at a rate of feet per minute. (Hint: feet per minute.The table below shows the total expenditure on a basket of goods and services; use this information to calculate the index number for the cost of a basket of goods and services in periods 1, 2 and 4, assuming Period 3 is the base year. Write the index numbers in order from Period 1 to Period 4. (Round to 1 decimal place. Include the index number for period 3 in your answer.) Provide your answer below: Period 1 Period 2 Period 3 Period 4 Total Expenditure $12, 240 $12,900 $13,530 $14,250 Index Number
- how can a firm mantain a smooth production schedule even when sales are fluctuating? what are the benefits of a smooth production schedule? what are the costs?What is the level of Y if the change in inventory is -200? Planned Government Net Exports Aggregate Change in Real GDP (Y) Consumption (C) Investment (I') Purchases (G) (NX) Expenditures (AE) Inventories 10000 8200 800 11000 9000 600 12000 9800 13000 14000 15000 800 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 10000 b 11000 C 12000 d 13000The graph for the MPL has a negative slope but it's above the horizontal axis. This means that: a. each additional unit of labor diminishes total output b. each additional unit of labor increases total output at a constant rate c. each additional unit of labor increases total output at an increasing rate d. each additional unit of labor increases total output at a decreasing rate